LiveOne (LVO) AI Stock Analysis

• Market Cap: $63.44M
• Dividend Yield: N/A
• Average Volume (3M): 657.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.17
• Revenue Growth: -18.76%
• EPS Growth: -21.72%
• Country: US
• Employees: 140
• Sector: Communication Services
• Sector Strength: 95
• Industry: Entertainment
• EPS (TTM): -0.04
• Shares Outstanding: 115,350,525
• 10 Day Avg. Volume: 817,139
• 30 Day Avg. Volume: 657,553
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.58
• Enterprise Value/Revenue: 0.88
• Enterprise Value/Gross Profit: 3.74
• Enterprise Value/Ebitda: -8.01
• 1Y Price Target: $1.23
• Price Target Upside: 146.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 47 Neutral
• Price Target: $0.50 ▲(0.00% Upside)

LiveOne's overall stock score is primarily impacted by its weak financial performance and challenging valuation. While there are positive developments in strategic partnerships and financing, the company's financial distress and bearish technical indicators weigh heavily on the score.

LiveOne Business Overview & Revenue Model

Company Description

LiveOne (LVO) is a publicly traded company focused on live entertainment and music streaming. It operates in the digital media sector, providing a platform that combines music streaming, live events, and artist services. LiveOne's core offerings include a subscription-based music streaming service, live concert streaming, and ticketing services, which cater to both artists and fans, enhancing the live music experience through technology and innovation.

How the Company Makes Money

LiveOne generates revenue primarily through its subscription model, where users pay for access to music streaming services and exclusive content. Additional revenue streams include ticket sales for live events, partnerships with artists and venues for concert promotions, and advertising revenue from its free-tier services. The company has also developed strategic partnerships with various artists and brands, which further enhance its monetization opportunities through co-branded events and promotional activities. Furthermore, LiveOne benefits from merchandise sales associated with live events, as well as potential revenue from licensing its content to other platforms.

LiveOne Financial Statement Overview

Summary

LiveOne's financial performance is weak, with persistent profitability challenges and a precarious balance sheet. Despite revenue growth, the company faces high leverage and negative equity, indicating financial distress.

Income Statement

LiveOne's income statement shows persistent challenges in profitability, with negative net income over the years. The company achieved significant revenue growth from 2020 to 2025, but this has not translated into positive net margins. Gross profit margin improved in recent years but remains insufficient to cover operating expenses, resulting in negative EBIT and EBITDA margins. Overall, while revenue growth is a positive indicator, the inability to achieve profitability is a major concern.

Balance Sheet

The balance sheet highlights financial instability, with negative stockholders' equity indicating potential insolvency risks. The debt-to-equity ratio is not meaningful due to negative equity, and the equity ratio further underscores the company's weak financial position. Although total debt has been reduced over time, the company remains highly leveraged, impacting financial flexibility and increasing risk.

Cash Flow

The company's cash flow statement shows improvement in operating cash flow in recent years, with positive free cash flow in 2025. However, cash flows have been inconsistent, and financing activities have been necessary to support operations. Despite positive free cash flow in the most recent year, the overall cash flow situation reflects a need for better sustainable cash generation to support business operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	114.41M	114.41M	118.44M	99.61M	117.02M	65.23M
Gross Profit	26.77M	27.22M	32.05M	32.83M	24.04M	16.24M
EBITDA	-12.52M	-12.52M	-3.72M	5.36M	-29.98M	-28.09M
Net Income	-18.71M	-18.71M	-11.97M	-10.02M	-43.91M	-41.82M
Balance Sheet
Total Assets	42.90M	42.90M	63.86M	65.89M	76.82M	85.77M
Cash, Cash Equivalents and Short-Term Investments	4.15M	4.15M	6.99M	8.41M	12.89M	18.64M
Total Debt	3.82M	3.82M	8.55M	12.32M	27.39M	25.20M
Total Liabilities	48.93M	48.93M	57.31M	62.07M	87.74M	77.63M
Stockholders Equity	-15.39M	-15.39M	-3.78M	3.81M	-10.92M	8.14M
Cash Flow
Free Cash Flow	3.25M	3.25M	2.80M	-6.29M	-12.95M	-12.72M
Operating Cash Flow	6.37M	6.37M	6.85M	-3.84M	-9.12M	-9.51M
Investing Cash Flow	-3.12M	-3.12M	-4.05M	-2.45M	-3.98M	-791.00K
Financing Cash Flow	-6.24M	-6.24M	-4.31M	1.79M	7.49M	16.63M

LiveOne Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LVO, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.68, and below the 200-day MA of 0.85, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 29.88 is Positive, neither overbought nor oversold. The STOCH value of 10.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LVO.

LiveOne Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNVS	65 Neutral	$77.25M	27.69	9.22%	―	77.07%	―
GAIA	65 Neutral	$142.62M	―	-5.74%	―	12.22%	19.18%
Sector *	60 Neutral	$43.83B	3.98	-12.77%	4.14%	1.86%	-42.71%
DLPN	49 Neutral	$13.97M	―	-101.62%	―	4.84%	-9.71%
LVO	47 Neutral	$63.44M	―	154.70%	―	-18.76%	-21.72%
ANGH	41 Neutral	$21.00M	―	-270.84%	―	88.72%	-85.54%
HOFV	39 Underperform	$5.59M	―	-72.74%	―	-17.54%	24.84%

LiveOne Corporate Events

LiveOne Reports Q1 Fiscal 2026 Results Amid Challenges

On August 13, 2025, LiveOne reported its Q1 Fiscal 2026 results, highlighting a revenue of $19.2 million, a significant decrease from the previous year’s $33.1 million, primarily due to reduced Slacker revenues. Despite a 31% staff reduction and expanded partnerships, including a $16.5 million deal with Amazon, the company faced a net loss of $3.9 million. LiveOne is focusing on strategic initiatives such as Web3, with new team members to monetize digital assets, and plans to launch a major live event series. The company continues to explore M&A opportunities, including potential subsidiary sales, indicating a strategic shift to bolster its market position.

LiveOne Amends Debentures for Crypto Asset Strategy

On August 5, 2025, LiveOne, Inc. amended its Original Issue Discount Senior Secured Convertible Debentures to allow for the purchase of cryptocurrencies like Bitcoin, Solana, and Ethereum, as part of its crypto asset treasury strategy. This amendment permits LiveOne to engage in active management of these assets, potentially impacting its financial operations and offering new opportunities for growth, while maintaining the security interest of its institutional investors.

LiveOne Completes $9.5 Million Stock Offering

On July 15, 2025, LiveOne, Inc. entered into an underwriting agreement with Lucid Capital Markets to issue and sell 13,608,334 shares of its common stock at $0.75 per share, with an option for an additional 1,775,000 shares. The offering, which closed on July 17, 2025, is expected to generate approximately $9.5 million in gross proceeds for LiveOne, enhancing its financial position and potentially impacting its market strategy.

LiveOne’s Underwriting Agreement with Lucid Capital Markets

On July 15, 2025, LiveOne entered into an underwriting agreement with Lucid Capital Markets to issue and sell over 13.6 million shares of its common stock, with an option for additional shares, aiming to raise approximately $9.5 million. The proceeds will be used for acquiring cryptocurrencies, developing a cryptocurrency treasury strategy, and general corporate purposes, potentially impacting LiveOne’s financial strategy and market positioning.

LiveOne Enhances Liquidity with Stock Exchange Agreement

On July 15, 2025, LiveOne, Inc. entered into agreements with Harvest Small Cap Partners and Trinad Capital, exchanging Series A Preferred Stock for common stock and warrants. This move aims to enhance liquidity and flexibility in the company’s capital structure, potentially impacting its market positioning by increasing the availability of common stock for trading.

LiveOne Reports Record Earnings in Audio Division

On June 18, 2025, LiveOne announced its financial results for the fiscal year ending March 31, 2025, reporting record earnings in its Audio Division with revenue of $108.9 million and adjusted EBITDA of $18.2 million, surpassing guidance by 51%. Despite a decrease in revenue for the fourth quarter compared to the previous year, the company highlighted successful cost-reduction initiatives that improved profitability and strengthened its market position. LiveOne plans to hold a conference call on June 26, 2025, to discuss these results and its business partnerships, including with Tesla.