LiveOne, Inc. (LVO)

NASDAQ: LVO · IEX Real-Time Price · USD
1.440
-0.040 (-2.70%)
At close: Jul 2, 2024, 4:00 PM
1.430
-0.010 (-0.69%)
After-hours: Jul 2, 2024, 7:12 PM EDT
-2.70%
Market Cap 141.97M
Revenue (ttm) 118.44M
Net Income (ttm) -11.97M
Shares Out 98.59M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 248,218
Open 1.450
Previous Close 1.480
Day's Range 1.420 - 1.490
52-Week Range 0.840 - 2.190
Beta 1.65
Analysts Strong Buy
Price Target 3.50 (+143.06%)
Earnings Date Aug 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 2023, LiveOne's revenue was $118.44 million, an increase of 18.90% compared to the previous year's $99.61 million. Losses were -$11.97 million, 19.4% more than in 2022.

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 143.06% from the latest price.

Price Target
$3.5
(143.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

LiveOne (Nasdaq: LVO) Updates PodcastOne (Nasdaq: PODC) Repurchasing Program

- Acquired a total of 359,000 PODC shares an average price of $2.45 - Purchased 159,000 shares at $3 in March 2024 and 200,000 shares at $2 during this Quarter - Reiterates commitment to purchase $5M ...

6 days ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Announces 244th Edition of LiveOne Presents as Streaming Partner for “The Game of Legends” from Culture by Futbol

Soccer Legends Ronaldinho and Kaka to Electrify Toyota Arena in Groundbreaking MASL Celebrity Match with KidSuper & MoAliFC

18 days ago - GlobeNewsWire

LiveOne Provides Membership Update

LiveOne (NASDAQ: LVO) Proudly Announces: - Total membership surpasses 3.8 million, a remarkable 25% year-over-year increase - Tesla membership reaches a milestone of 1.8 million, boasting an impressiv...

22 days ago - GlobeNewsWire

The Dr. Gundry Podcast and PodcastOne Celebrate 300 Episodes

The Dr. Gundry Podcast Hosted by Steven Gundry M.D. Empowers Listeners to Live Their Best, Healthiest Lives LOS ANGELES , May 14, 2024 /PRNewswire/ -- The Dr. Gundry Podcast—pr oudly hosted by Podcast...

Other symbols: PODC
7 weeks ago - PRNewsWire

LiveOne (Nasdaq: LVO) Announces Strategic Price Raise After 10 Years of Stability

LVO Raising Select Membership Offerings by $0.50- $1, Significantly Below Industry Pricing Trends LOS ANGELES, CA, April 30, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – LiveOne (NASDAQ: LVO) an award-...

2 months ago - GlobeNewsWire

LiveOne (NASDAQ: LVO) Expands Pay-Per-View Lineup with “KnuckleMania IV”

Partnering with Bare Knuckle (BKFC) for “Perry vs. Alves" PPV Event on Saturday, April 27, 2024 PPV Tickets Available for $29.99 at LiveOne.com LiveOne Continues to Dominate Live Streaming with Impres...

2 months ago - GlobeNewsWire

Update: LiveOne (Nasdaq: LVO) Anticipates Record Q4 and FY24 Results

- FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA* (excluding $3.5M CPS division loss) - Q4 FY24: Expects $30.3M revenue, $4.3M Adjusted EBITDA* (excluding $1.6M CPS loss) - LVO Anticipates Comp...

2 months ago - GlobeNewsWire

LiveOne (Nasdaq: LVO) Anticipates Certain Record Q4 and FY24 Results

- FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA* (excluding $3.5M CPS division loss) - Q4 FY24: Expects $30.3M revenue, $4.3M Adjusted EBITDA* (excluding $1.6M CPS loss) - LVO Anticipates Comp...

2 months ago - GlobeNewsWire

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

2 months 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...

3 months 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

3 months 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...

3 months 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...

3 months 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...

3 months 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

3 months 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 - ...

3 months 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...

3 months 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...

3 months 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

4 months 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...

4 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...

5 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...

5 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...

5 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.

5 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

5 months ago - GlobeNewsWire