LiveOne, Inc. (LVO)

NASDAQ: LVO · IEX Real-Time Price · USD
1.660
-0.040 (-2.35%)
At close: Apr 19, 2024, 4:00 PM
1.740
+0.080 (4.82%)
After-hours: Apr 19, 2024, 7:44 PM EDT
-2.35%
Market Cap 152.15M
Revenue (ttm) 113.09M
Net Income (ttm) -15.08M
Shares Out 91.66M
EPS (ttm) -0.20
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 291,925
Open 1.690
Previous Close 1.700
Day's Range 1.600 - 1.740
52-Week Range 0.840 - 2.190
Beta 1.77
Analysts Strong Buy
Price Target 3.50 (+110.84%)
Earnings Date Feb 8, 2024

About LVO

LiveOne, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content. The company also produces, edits, curates, and streams live music events through broadband transmission over the Internet and sa... [Read more]

Industry Entertainment
Founded 2009
Employees 165
Stock Exchange NASDAQ
Ticker Symbol LVO
Full Company Profile

Financial Performance

In 2022, LiveOne's revenue was $99.61 million, a decrease of -14.88% compared to the previous year's $117.02 million. Losses were -$10.02 million, -77.18% less than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for LVO stock is "Strong Buy." The 12-month stock price forecast is $3.5, which is an increase of 110.84% from the latest price.

Price Target
$3.5
(110.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LiveOne (Nasdaq: LVO) Subsidiary Slacker Radio Hits All Time High Country Music Usage, Helping to Increase Revenue 300% and Driving a Remarkable 800% Increase in Share of Female Country Artists Across Radio Programming

- Management Guides Slacker Radio to $85M and $20M Adjusted EBITA for FY2025; a 4X Revenue Growth and Increase of $30M Adjusted EBITA since Acquisition in 2018

4 days ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Announces $11.3M Series A Preferred Stock Conversion to Common Stock at $2.10 per Share, Led by Harvest Small Cap Partners Master, Ltd. and Trinad Capital Master Fund

- Conversion Eliminates $2.0M of Annual Cash Dividends - Eliminates $5M of Redeemable Mezzanine Equity - Broadens Institutional Ownership to ~35% - LiveOne Currently Eligible to Join Russell 2000 in M...

16 days ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Subsidiary Drumify Launches Subscription Marketplace Integrating Cyanite.ai Tech Stack

- Drumify has produced multiple Grammy-winning and multi-platinum records for many artists, including Drake, NBA YoungBoy, $UICIDEBOY$, Lecrae and Anuel AA

17 days ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Surpasses 3.7M Total Members a +26% YoY Increase

- Total Tesla Members Now Over 1.7M a +33% YoY Increase - Added in Excess of 60k Paid Members During March with an ARPU of $3.10+ - Expects Membership Growth to Exceed 1M in Calendar 2024 - Pipeline O...

22 days ago - GlobeNewsWire

Update - LiveOne (NASDAQ: LVO) Hosts Event Celebrating Women in the Entertainment Industry

Featuring Exclusive Live Performance by Breaking Artist Tabi streamed on Liveone.com to over 220 countries Panel Discussion with World-Class Female Entertainment Industry Executives LiveOne Team is ov...

23 days ago - GlobeNewsWire

LiveOne (NASDAQ: LVO) Hosts Event Celebrating Women in the Entertainment Industry

Featuring Exclusive Live Performance by Breaking Artist Tabi streamed on Liveone.com to over 220 countries Panel Discussion with World-Class Female Entertainment Industry Executives LiveOne Team is ov...

23 days ago - GlobeNewsWire

Chase Shakur Announces US Tour With Kid Laroi Following His Breakout Performance at LiveOne (Nasdaq: LVO) Studios

LiveOne to Release Never-Before-Seen Footage of Recent Chase Shakur Private Performance and Exclusive Red Carpet Interview

24 days ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Publishing Division, Drumify, Partners With Source Audio to Expand AI Capabilities

- Launches AI-powered Conversational Search and Discovery Tool for Beats and Sounds - Partnership with Source Audio will Dramatically increase the current Library of more than 10K pieces of content - ...

4 weeks ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Announces Special March Update

-Reports $11.5 Cash Position, the Largest in 18 Months -Extinguished $3.0M of PodcastOne (Nasdaq: PODC) Payables -Repurchased $250k of Stock in the Past 30 Days 
 -Repurchased Total $4.5M of LVO Share...

4 weeks ago - GlobeNewsWire

LiveOne (NASDAQ: LVO) CEO Robert Ellin to Present at the 36th Annual ROTH Conference March 17-19, 2024

LOS ANGELES, CA, March 13, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (NASDAQ: LVO) announced today that LiveOne's Founder and CEO, Robert Ellin, will present at the 36th Annual ROTH Conferen...

5 weeks ago - GlobeNewsWire

LiveOne (NASDAQ: LVO) CEO Rob Ellin to Present at the iAccess Alpha Buyside Best Ideas Spring Conference 2024 on March 12 and 13, 2024

Webcast Available at https://www.webcaster4.com/Webcast/Page/3024/50093

5 weeks ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Reports Over $11 Million in Current Cash Position After Repurchasing Approximately 1.3 Million Shares During Fiscal Year 2024

- $ 5.75M Remaining for Discretionary Repurchase of LVO and/or PodcastOne (NASDAQ: PODC) Shares - Anticipates an Additional $2.5 - $5M in Cost Savings After Cutting $5M From CPS Division - Expands Cel...

2 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Reports Q3 Fiscal Year 2024 Record Revenue of $31.2M and Adjusted EBITDA* of $3.3M, Memberships Increased 687K (+36% YoY)

LOS ANGELES, CA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today its operat...

2 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Appoints Aaron Sullivan as CFO

LOS ANGELES, CA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today the appoint...

2 months ago - GlobeNewsWire

LiveOne (NASDAQ: LVO) Subsidiary Splitmind Wins Grammy

- Splitmind's Steven Shaeffer and Simbo Produced Grammy Award-Winning Album Church Clothes 4 by Lecrae - Splitmind Music Collective has Over 2B Streams across 100+ Major Label Releases and increased r...

2 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) to Announce Third Quarter Fiscal 2024 Financial Results and Host Investor Webcast on February 8, 2024

- Investor Webcast on Thursday, February 8, 2024 at 10:00  a.m. ET / 7:00 a.m.

2 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Announces 241st Edition of LiveOne Presents Celebrating Three Grammy Nominations

Featuring Private Performance by Def Jam's Chase Shakur and LiveZone Red Carpet Interviews with Jeremih, Afgan, thuy, MARIS

2 months ago - GlobeNewsWire

LiveOne's (Nasdaq: LVO) Slacker Radio Partners With Legible Inc. Giving Access to Millions of Audiobooks and Ebooks for Its Members, Including Audiobook Previews for 1.5M+ Tesla Drivers

-LiveOne Members Will Now Have Access to 45M Music Tracks, 400k Hours of Podcast Episodes, 500+ Expertly Curated Radio Stations, and Millions of Audiobooks and Ebooks                         -The Glob...

2 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Launches “Splitmind Radio” Exclusively on Slacker Radio

- The Grammy-nominated Splitmind Music Collective has Over 2B Streams across 100+ Major Label Releases - Splitmind Radio Features a mix of original sounds and samples curated from their catalog of ove...

2 months ago - GlobeNewsWire

LiveOne (NASDAQ: LVO) Announces Milestone Revenues

- $31M+ for 3Q FY 2024 and $87M+ FYTD 2024 - Record $80M for the Audio Division for the first 9 months  (+25% YOY) - Record Q3 Audio Division Revenue of $27M+ - Expands Partnership with Telsa to inclu...

3 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Provides Update for Its $10M Stock Repurchase Program

- $6M remaining under program for discretionary repurchase of LVO and/or PodcastOne (NASDAQ: PODC) shares - 3.4M+ LVO shares repurchased since inception of program - 1.1M+ LVO shares repurchased in FY...

3 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Achieves Milestone Growth for First 9 Months of FY 2024 With a 27% Year-Over-Year Increase in Paid Membership Revenue

- Added 63K+ New Paid Memberships in December with ARPU of $3.10+ - Surpasses 3.5M Total Memberships - a Year-Over-Year Increase of 29%* - Expects Record New Paid Membership Growth to Exceed 1M in Cal...

4 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Issues Fiscal 2025 Revenue Guidance of $140 - $155M with $16 - $20M of Adjusted EBITDA*

-  Audio Division, consisting of Slacker Radio and PodcastOne (Nasdaq: PODC), forecasts to combine for $130 - $140M of revenues with $20 - $25M EBITDA* and over $17M of positive cash flow

4 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Signs Strategic B2B Partnership With Fortune 500 Media Conglomerate; Partnership Delivers Minimum $20 Million Revenues for Calendar 2024

- Company Raises Revenue Guidance for Fiscal 2024 ending March 31, 2024 to $118M - $120M - Increases Current Pipeline to Over 35 Potential B2B Partnerships Across 8 Verticals LOS ANGELES, CA, Dec. 15,...

4 months ago - GlobeNewsWire

LiveOne Plans to Cut an Additional 25% of Staff by Year-End With a Continued Focus on Utilizing AI

- Slashing Additional $7.5M - $10M of Costs Expected to Bring Total Savings to Over $40 Million - Continues to Consolidate and Shed Non-Core Business Units and Focus on AI Technologies to Drive Engage...

4 months ago - GlobeNewsWire