LiveOne reported Q1 Fiscal 2025 revenue of $33.1M with record revenue from Audio Division.

From GlobeNewswire: 2024-08-13 08:05:00

LiveOne reported Adjusted EBITDA of $3.3M for Q1 Fiscal 2025. Record revenue of $31.9M (+24% YoY) from the Audio Division. Fiscal 2025 Guidance: Consolidated Revenue $140M – $155M, Adj. EBITDA $16M – $20M. Audio Division Revenue $130M – $140M, Adj. EBITDA $20M – $25M. Senior Management to host live conference call on August 13, 2024.

In Q1 Fiscal 2025, LiveOne saw revenue increase to $33.1M, with Audio Division at $31.9M. Operating loss was ($0.8M) and Adjusted EBITDA improved to $2.9M. PodcastOne ranked 11th in Podcast Industry rankings. LiveOne is exploring strategic alternatives. Repurchased 4.38M shares with $6.3M remaining. Live conference call set for August 13th.



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