LVO

MKT CAP:$59M

LiveOne, Inc.

Market Cap

$59M

Communication Services·Entertainment·🇺🇸 United States·NASDAQ

Communication·Entertainment·🇺🇸·NASDAQ

Stock Price

$5.02+$0.48 (+10.57%)

Apr 23, 2026

Company Details

LiveOne, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music stre...

CEO

Robert S. Ellin

IPO Date

Aug 18, 2017

Website

www.liveone.com

Key Metrics TTM

Revenue

$120M

+20.7% YoY

Net Income

-$12M

EPS (Diluted)

-$1.50

Free Cash Flow

$539.0K

Revenue / Share

$12.74

Gross Margin

26.4%

Operating Margin

-3.9%

Net Margin

-9.6%

FCF Margin

0.4%

P/S

0.5x

P/E

—

Earnings Reports

Q1 2025

Aug 13, 2024

$33M+19.1%EPS -$0.20

FY 2024

Jul 1, 2024

$118M+18.9%EPS -$1.68

Q4 2024

Jul 1, 2024

$31M+20.9%EPS -$0.30

Q2 2024

Nov 20, 2023

$29M+21.2%EPS -$0.94

Q1 2024

Aug 14, 2023

$28M+19.6%EPS -$0.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 21	$11M	$3M	-$6M
Q2 21	$15M	$4M	-$7M
Q3 21	$19M	$5M	-$8M
Q4 21	$21M	$5M	-$9M
Q1 22	$39M	$8M	-$10M
Q2 22	$22M	$6M	-$10M
Q3 22	$33M	$5M	-$10M
Q4 22	$23M	$5M	-$8M
Q1 23	$23M	$8M	$237.0K
Q2 23	$24M	$10M	-$987.0K
Q3 23	$27M	$8M	-$574.0K
Q4 23	$26M	$7M	-$860.0K
Q1 24	$28M	$8M	-$255.0K
Q2 24	$29M	$8M	-$3M
Q4 24	$31M	$8M	-$1M
Q1 25	$33M	$8M	-$784.0K

Valuation

Quarter	P/S	P/E
Q1 21	4.9x	—
Q2 21	4.2x	—
Q3 21	4.4x	—
Q4 21	5.1x	—
Q1 22	3.4x	—
Q2 22	2.5x	—
Q3 22	0.9x	—
Q4 22	0.5x	—
Q1 23	0.6x	—
Q2 23	0.6x	—
Q3 23	0.6x	—
Q4 23	1.1x	—
Q1 24	1.5x	—
Q2 24	0.7x	—
Q4 24	1.5x	—
Q1 25	1.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	$4M	$4M
Q2 21	-$9M	-$10M
Q3 21	-$4M	-$5M
Q4 21	-$408.0K	-$1M
Q1 22	$832.0K	-$271.0K
Q2 22	-$8M	-$9M
Q3 22	-$3M	-$4M
Q4 22	$1M	$246.0K
Q1 23	-$26.0K	-$811.0K
Q2 23	-$7M	-$7M
Q3 23	$2M	$1M
Q4 23	$781.0K	$380.0K
Q1 24	$1M	$594.0K
Q2 24	-$1M	-$2M
Q4 24	$3M	$2M
Q1 25	$1M	$606.0K

Capital Expenditures

Quarter	CapEx
Q1 21	$705.0K
Q2 21	$805.0K
Q3 21	$719.0K
Q4 21	$980.0K
Q1 22	$1M
Q2 22	$939.0K
Q3 22	$930.0K
Q4 22	$857.0K
Q1 23	$785.0K
Q2 23	$493.0K
Q3 23	$771.0K
Q4 23	$401.0K
Q1 24	$627.0K
Q2 24	$1M
Q4 24	$1M
Q1 25	$736.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+10.6%	-17.4%
Q2 21	+51.9%	+11.1%
Q3 21	+97.2%	+51.7%
Q4 21	+113.0%	+68.1%
Q1 22	+269.0%	+198.4%
Q2 22	+50.6%	+45.7%
Q3 22	+72.0%	+60.4%
Q4 22	+11.4%	+6.1%
Q1 23	-40.1%	-52.8%
Q2 23	+7.3%	-22.4%
Q3 23	-17.0%	-34.9%
Q4 23	+9.0%	-16.7%
Q1 24	+19.6%	+21.9%
Q2 24	+21.2%	+26.6%
Q4 24	+13.1%	+15.0%
Q1 25	+29.5%	+28.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$3M	27.4%
Q2 21	$0	0.0%
Q3 21	$1M	7.8%
Q4 21	$6M	30.3%
Q1 22	$5M	13.1%
Q2 22	$5M	22.1%
Q3 22	$2M	6.5%
Q4 22	$644.0K	2.7%
Q1 23	$788.0K	3.4%
Q2 23	$1M	5.9%
Q3 23	$360.0K	1.3%
Q4 23	$504.0K	2.0%
Q1 24	$877.0K	3.2%
Q2 24	$3M	9.5%
Q4 24	$917.0K	3.0%
Q1 25	$2M	4.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 21	$2M	$4M	$1M
Q2 21	$2M	$6M	$2M
Q3 21	$3M	$5M	$3M
Q4 21	$3M	$6M	$3M
Q1 22	$2M	$9M	$5M
Q2 22	$2M	$9M	$3M
Q3 22	$2M	$9M	$3M
Q4 22	$2M	$7M	$3M
Q1 23	$2M	$2M	$2M
Q2 23	$1M	$4M	$2M
Q3 23	$1M	$5M	$2M
Q4 23	$1M	$5M	$2M
Q1 24	$1M	$5M	$2M
Q2 24	$1M	$6M	$2M
Q4 24	$1M	$5M	$2M
Q1 25	$1M	$6M	$1M

Revenue Segments

Quarter	Advertising	Membership Services
Q2 24	$11M	$16M
Q1 25	$13M	$19M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$13M	$0	$13M
Q1 23	$11M	$0	$11M
Q2 23	$7M	$0	$7M
Q3 23	$8M	$0	$8M
Q4 23	$8M	$0	$8M
Q1 24	$5M	$0	$5M
Q2 24	$4M	$0	$4M
Q3 24	$6M	$0	$6M
Q4 24	$7M	$0	$7M
Q1 25	$6M	$0	$6M
Q2 25	$11M	$0	$11M
Q3 25	$11M	$0	$11M
Q4 25	$4M	$0	$4M
Q1 26	$12M	$0	$12M
Q2 26	$12M	$0	$12M
Q3 26	$9M	$0	$9M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 21	6M	+0.8%	+13.1%
Q2 21	7M	+16.7%	+23.5%
Q3 21	7M	+4.8%	+24.9%
Q4 21	8M	+4.5%	+28.9%
Q1 22	7M	-8.7%	+16.7%
Q2 22	8M	+13.5%	+13.5%
Q3 22	8M	-0.2%	+8.1%
Q4 22	8M	+4.7%	+8.2%
Q1 23	8M	+0.4%	+19.0%
Q2 23	8M	+3.1%	+8.1%
Q3 23	9M	+1.0%	+9.5%
Q4 23	9M	+1.5%	+6.1%
Q1 24	9M	+0.1%	+5.8%
Q2 24	9M	+0.4%	+3.0%
Q4 24	9M	+1.3%	+3.3%
Q1 25	9M	+6.8%	+8.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 21	$138.3K	76
Q2 21	$191.6K	76
Q3 21	$251.6K	76
Q4 21	$92.7K	227
Q1 22	$170.8K	227
Q2 22	$96.6K	227
Q3 22	$144.9K	227
Q4 22	$117.2K	200
Q1 23	$116.1K	200
Q2 23	$117.7K	200
Q3 23	$136.5K	200
Q4 23	$154.8K	165
Q1 24	$168.3K	165
Q2 24	$172.9K	165
Q4 24	$220.7K	140
Q1 25	$236.3K	140

Revenue / Employee