From GlobeNewswire: 2025-02-13 08:00:00

LiveOne’s Audio Division saw a record revenue of $90.6M, up 13% YoY in Q3 Fiscal 2025. They reported $27.1M in revenue for the quarter and $14.1M YTD Adjusted EBITDA. The company also closed 5 B2B deals and expects more, with 800k Tesla subscribers and $10.9M in cash as of Dec. 31, 2024.

PodcastOne’s LVO owns 72% of PodcastOne and acquired 925,000 shares at an average price of $2.37 this quarter. LiveOne posted a Q3 Fiscal 2025 revenue of $29.4M, a 6% decrease from the prior year. Operating loss was $5.1M, with Adjusted EBITDA at $1.5M, down from $3.3M in Q3 FY24.

LiveOne’s senior management plans to host an investor call on February 14, 2025, at 10:00 A.M. ET. They updated their guidance for Fiscal 2025 to $112M – $120M in revenue and Adjusted EBITDA of $6M – $10M. The company reaffirmed a $12M buyback program and updated financial information for Q3 FY25.



Read more at GlobeNewswire:: LVO) Reports Record 9-Month Revenues of