LiveOne (LVO) AI Stock Analysis

• Market Cap: $86.96M
• Dividend Yield: N/A
• Average Volume (3M): 659.43K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.12
• Revenue Growth: 11.43%
• EPS Growth: 26.78%
• Country: US
• Employees: 140
• Sector: Communication Services
• Sector Strength: 84
• Industry: Entertainment
• EPS (TTM): -0.08
• Shares Outstanding: 96,092,410
• 10 Day Avg. Volume: 1,409,447
• 30 Day Avg. Volume: 659,435
• PEG Ratio: 0.08
• Price to Book (P/B): -4.57
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.83
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 0.14
• Enterprise Value/Gross Profit: 2.55
• Enterprise Value/Ebitda: -6.35
• 1Y Price Target: $2.25
• Price Target Upside: 155.68% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: ―

LiveOne's stock score is influenced by its improving financial performance and strategic partnerships, which present growth opportunities. However, ongoing profitability issues, leverage concerns, and bearish technical indicators weigh heavily. While corporate events and earnings call insights provide some optimism, the overall outlook is cautious until consistent profitability and better technical signals emerge.

LiveOne Business Overview & Revenue Model

Company Description

LiveOne, Inc. (LVO) is a global digital media company that operates in the entertainment sector, focusing on live and on-demand audio, video, and podcast content. The company offers consumers a unique platform for discovering and experiencing music and entertainment through its various services and applications. Its core product offerings include live streaming music events, audio and video streaming services, and a range of podcasts, catering to a wide audience looking for engaging entertainment experiences.

How the Company Makes Money

LiveOne generates revenue primarily through a combination of advertising, subscription services, and events. Advertising revenue comes from selling ad space across its platforms, leveraging its extensive user base to attract advertisers. Subscription services provide a steady income stream as users pay for ad-free access, premium content, and exclusive features. Additionally, LiveOne monetizes live music events and concerts through ticket sales and premium access passes. The company also benefits from strategic partnerships with artists, record labels, and other media companies, which enhance its content offerings and expand its reach to broader audiences.

LiveOne Financial Statement Overview

Summary

LiveOne is experiencing growth in revenue and improvement in cash flow, highlighting a transition towards a more stable financial position. However, ongoing net losses and high leverage present risks that need to be addressed for sustained financial health. The company shows potential for improvement, but operational efficiencies and profitability need to be the focus to ensure long-term viability.

Income Statement

LiveOne has shown a positive revenue growth trend over recent years, particularly with a notable increase in TTM (Trailing-Twelve-Months) compared to previous years. However, profitability remains a challenge with recurring net losses and negative EBIT, indicating operational inefficiencies. While the gross profit margin is positive, the net profit margin is still negative, reflecting ongoing profitability issues.

Balance Sheet

The balance sheet highlights a significant improvement in stockholders' equity, turning positive in the TTM period from negative figures previously, which is a positive trend. However, the debt-to-equity ratio is still a concern due to high liabilities relative to equity, indicating potential leverage risks. The equity ratio remains low, reflecting low equity relative to total assets.

Cash Flow

The cash flow statement shows strong improvement with positive operating and free cash flows in the TTM period, indicating enhanced cash generation abilities. The free cash flow growth is significant, although the operating cash flow to net income ratio remains challenging due to persistent net losses. Overall, the cash flow situation is improving, but consistent profitability is needed for long-term sustainability.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	126.02M	118.44M	99.61M	117.02M	65.23M	38.66M
Gross Profit	27.42M	32.05M	32.83M	24.04M	16.24M	5.87M
EBITDA	-3.41M	-3.72M	5.36M	-29.98M	-28.09M	-27.36M
Net Income	-10.21M	-11.97M	-10.02M	-43.91M	-41.82M	-38.93M
Balance Sheet
Total Assets	56.22M	63.86M	65.89M	76.82M	85.77M	54.12M
Cash, Cash Equivalents and Short-Term Investments	10.85M	6.99M	8.41M	12.89M	18.64M	5.70M
Total Debt	5.21M	8.55M	12.05M	27.12M	24.88M	16.35M
Total Liabilities	55.09M	57.31M	62.07M	87.74M	77.63M	61.25M
Stockholders Equity	-8.44M	-3.78M	3.81M	-10.92M	8.14M	-7.13M
Cash Flow
Free Cash Flow	10.29M	2.80M	-6.29M	-12.95M	-12.72M	-7.47M
Operating Cash Flow	13.68M	6.85M	-3.84M	-9.12M	-9.51M	-4.89M
Investing Cash Flow	-3.39M	-4.05M	-2.45M	-3.98M	-791.00K	-2.44M
Financing Cash Flow	-5.86M	-4.31M	1.79M	7.49M	16.63M	5.83M

LiveOne Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.88
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LVO, the sentiment is Positive. The current price of 0.88 is above the 20-day moving average (MA) of 0.81, above the 50-day MA of 0.78, and below the 200-day MA of 0.89, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 57.38 is Neutral, neither overbought nor oversold. The STOCH value of 86.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LVO.

LiveOne Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$41.24B	-0.79	-14.21%	3.80%	2.39%	-73.52%
LVO	58 Neutral	$86.96M	―	154.70%	―	11.43%	26.78%
GAIA	58 Neutral	$106.31M	―	-6.03%	―	12.18%	5.88%
CNVS	56 Neutral	$103.33M	40.98	10.01%	―	39.86%	3.86%
DLPN	52 Neutral	$14.30M	―	-98.74%	―	0.31%	27.47%
ANGH	41 Neutral	$33.42M	―	-270.84%	―	88.72%	-85.53%
HOFV	39 Underperform	$5.69M	―	-65.28%	―	-20.80%	19.16%

LiveOne Corporate Events

LiveOne Announces Preliminary Fiscal Year 2025 Results

LiveOne announced its preliminary financial results for the fiscal year ending March 31, 2025, reporting revenues exceeding $112 million, with audio revenue surpassing $108 million and an adjusted EBITDA of over $16 million. The company has also expanded its restructuring efforts, cutting $40 million in annualized costs since December 2024, and acquired 1.47 million shares of PodcastOne. These results highlight LiveOne’s strategic growth and cost management efforts, presenting significant opportunities for shareholders as the company trades at just 50% of its revenues.

Spark’s Take on LVO Stock

According to Spark, TipRanks’ AI Analyst, LVO is a Neutral.

LiveOne’s stock score reflects a mixed outlook. The company shows positive revenue growth and strategic partnerships that could drive future growth. However, ongoing profitability challenges, high leverage, and current bearish technical indicators weigh on its potential. The lack of dividends and negative P/E ratio further contribute to a cautious investment stance.

To see Spark’s full report on LVO stock, click here.

LiveOne Appoints Ryan Carhart as New CFO

On February 19, 2025, LiveOne appointed Ryan Carhart as Chief Financial Officer, Treasurer, and Secretary, succeeding Aaron Sullivan, who left to pursue other opportunities. Carhart, previously Vice President and Controller, is recognized for his financial expertise and has implemented measures to achieve over $23 million in cost savings for LiveOne. He also played a crucial role in securing a new loan agreement with East West Bank, paying down $3.7 million of an existing loan, and obtaining a Letter of Intent with a major bank to refinance remaining debt and provide growth capital.

LiveOne Announces Q3 FY2025 Financial Results and Guidance

LiveOne, Inc. has announced its intention to present its Corporate Presentation to the investment community and at various industry conferences. The company reported a consolidated revenue of $29.4 million and an adjusted EBITDA of $1.5 million for Q3 FY2025, with full-year FY2024 revenue at $118.4 million. The company also provided guidance for FY2025 with expected revenue between $112 million and $120 million. LiveOne has repurchased 4.4 million shares under its stock repurchase program, leaving capacity for additional repurchases. The announcement highlights the company’s strategic focus on growth and shareholder value enhancement.