LiveWorld Reports 2024 Financial Results
From GlobeNewswire: 2025-03-25 09:00:00
LiveWorld, Inc. reported total revenues of $11.3 million in 2024, a 1% decrease from the previous year. The company’s net income from operations was $69,000, with cash increasing to $6.2 million. Investments in AI technology were highlighted as a key strategy for future growth, aiming to drive revenue in the long term.
Chairman and CEO Peter Friedman emphasized LiveWorld’s focus on AI solutions that combine human expertise with advanced technology. The company anticipates continued market uncertainty in 2025 but remains committed to investing in AI-powered products to drive revenue growth and innovation.
Financially, LiveWorld saw a slight decrease in total revenues compared to 2023, with a net income of $69,000 in 2024. The company ended the year with approximately $6.6 million in cash and cash equivalents, positioning them for continued growth and investment in AI technology.
LiveWorld, a social-first digital agency, is headquartered in Campbell, California, with an office in New York City. With over 28 years of experience, the company leverages social media to transform customer relationships through compliance, engagement, and insight solutions. For more information, visit www.liveworld.com.
Read more at GlobeNewswire:: LiveWorld Reports 2024 Financial Results