LiveOne, Inc. Q4 FY2025 Earnings Call

· Earnings call transcript and AI-powered summary

  • Quarter and Fiscal Year Ended: March 31, 2025
  • Total Fiscal Year Revenue: $114.4 million (up from approximately $100 million in FY2024)
  • Total Fiscal Year Adjusted EBITDA: $8.4 million (up significantly YoY)
  • Q4 Revenue: $19.3 million
  • Q4 Adjusted EBITDA: $1.1 million
  • Q4 Net Loss (GAAP): $10.9 million or $0.07 per diluted share
  • Audio Division FY Revenue: $108.9 million
  • Audio Division FY Adjusted EBITDA: $18.2 million

PodcastOne Performance

  • FY2025 Revenue: $52 million (up from $38 million in FY2024; +37%)
  • Q4 Revenue: $14 million
  • Q4 Adjusted EBITDA: $900,000
  • New Guidance (FY2026): $55M–$60M revenue and $3.5M–$5M EBITDA
  • 6 straight months as a Top 10 Podcaster globally
  • Over 1 billion impressions across the network
  • Over 200 total podcasts with over 100 in the pipeline
  • 17 acquisitions targeted in the podcast space

Strategic and Financial Developments

  • Replaced $7.5M East West Bank credit line with $27.5M JGB credit facility
  • Eliminated over $10M in short-term liabilities

Continue Reading

Unlock the full AI-powered summary with key highlights, financial performance, and analyst Q&A.

Upgrade to Professional
Operator: Ladies and gentlemen, welcome to the LiveOne, Inc. Q4 Fiscal 2025 Financial Results and Business Update Webcast. [Operator Instructions] I will now turn the call over to Ryan Carhart, CFO. Ryan, you may begin. Ryan Carhart: Thank you. Good morning, and welcome to LiveOne's business update and financial results conference call for the company's fourth quarter and fiscal year ended March 31, 2025. Presenting on today's call with me is Rob Ellin, CEO and Chairman of LiveOne. I would like to remind you that some of the statements made on today's call are forward-looking and are based on current expectations, forecasts and assumptions that involve various risks and uncertainties. These statements include, but are not limited to, statements regarding the future performance of the company, including expected future financial results and expected future growth in the business. Actual results may differ materially from those discussed on this call for a variety of reasons. Please refer to the company's filings with the SEC for information about factors which could cause the company's actual results to differ materially from these forward- looking statements, including those described in its annual report on Form 10-K for the year ended March 31, 2024, and subsequent SEC filings. You'll find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed today in the company's earnings release, which is posted on its Investor Relations

Continue Reading

Unlock the full earnings call transcript with speaker labels and formatted dialogue.

Upgrade to Professional