LiveOne, Inc. (LVO) 10-Year Financial Performance & Capital Metrics

LVO • • Industrial / General

Communication ServicesEntertainmentStreaming & Digital Media PlatformsMusic Streaming & Digital Audio

AboutLiveOne, 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 streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content. The company also produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users; provides digital Internet radio and music services to users online and through automotive and mobile original equipment manufacturers on a white label basis; and offers ancillary products and services, such as regulatory and post-implementation support services. In addition, it develops, manufactures, and distributes personalized merchandise and gifts through wholesale and direct-to-consumer distribution channels. Further, the company offers LiveOne App, an application that provides access to live events, audio streams, original episodic content, podcasts, vodcasts, video on demand, real-time livestreams, and social sharing of content. The company was formerly known as LiveXLive Media, Inc. and changed its name to LiveOne, Inc. in October 2021. LiveOne, Inc. was incorporated in 2009 and is headquartered in Beverly Hills, California.Show more

Revenue $114M -3.4%
EBITDA -$13M -3000.2%
Net Income -$19M -56.4%
EPS (Diluted) -2.10 -23.5%
Gross Margin 23.79% -12.1%
EBITDA Margin -11.13% -3102.1%
Operating Margin -15.78% -300.5%
Net Margin -16.35% -61.9%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -6.66 -522.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 24.2%
✓Efficient asset utilization: 2.8x turnover

✗Weaknesses

✗Weak momentum: RS Rating 10 (bottom 10%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y31.43%

5Y24.23%

3Y-0.75%

TTM-32.17%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-260.14%

EPS CAGR

10Y-

5Y-

3Y-

TTM-135.42%

ROCE

10Y Avg-238.3%

5Y Avg-99.25%

3Y Avg-68.82%

Latest-170.72%

Peer Comparison

Music Streaming & Digital Audio

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ZNBZeta Network Group	102.4M	0.70	-0.00		-16.14%	-487.02%		0.06
ANGHAnghami Inc.	33.45M	3.69	-0.34	88.72%	-81.38%	-6.88%		0.21
LVOLiveOne, Inc.	49.44M	4.31	-2.05	-3.41%	-28.66%		6.56%

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	0	225K	7.2M	33.7M	38.66M	65.23M	117.02M	99.61M	118.44M	114.41M
Revenue Growth %	-1%	-	30.98%	3.68%	0.15%	0.69%	0.79%	-0.15%	0.19%	-0.03%
Cost of Goods Sold+	6.34K	1.15M	6.69M	31.17M	32.79M	48.99M	92.98M	66.78M	86.39M	87.19M
COGS % of Revenue	-	5.1%	0.93%	0.92%	0.85%	0.75%	0.79%	0.67%	0.73%	0.76%
Gross Profit+	-6.34K	-922K	501K	2.53M	5.87M	16.24M	24.04M	32.83M	32.05M	27.22M
Gross Margin %	-	-4.1%	0.07%	0.08%	0.15%	0.25%	0.21%	0.33%	0.27%	0.24%
Gross Profit Growth %	-1%	-144.52%	1.54%	4.05%	1.32%	1.77%	0.48%	0.37%	-0.02%	-0.15%
Operating Expenses+	3.98M	5.71M	15.38M	36.42M	41.87M	45.61M	61.89M	35.01M	36.72M	45.27M
OpEx % of Revenue	-	25.38%	2.14%	1.08%	1.08%	0.7%	0.53%	0.35%	0.31%	0.4%
Selling, General & Admin	3.62M	4.98M	11.38M	21.95M	25.38M	30.35M	47.8M	24.18M	30.11M	28.48M
SG&A % of Revenue	-	22.13%	1.58%	0.65%	0.66%	0.47%	0.41%	0.24%	0.25%	0.25%
Research & Development	0	0	1.58M	7.97M	10.77M	9.68M	8.09M	5.14M	4.68M	4.47M
R&D % of Revenue	-	-	0.22%	0.24%	0.28%	0.15%	0.07%	0.05%	0.04%	0.04%
Other Operating Expenses	360K	0	2.42M	6.5M	5.73M	5.58M	6M	5.7M	1.93M	12.32M
Operating Income+	-3.98M	-5.48M	-14.88M	-33.89M	-35.99M	-29.37M	-37.85M	-2.18M	-4.67M	-18.06M
Operating Margin %	-	-24.38%	-2.07%	-1.01%	-0.93%	-0.45%	-0.32%	-0.02%	-0.04%	-0.16%
Operating Income Growth %	-0.84%	-0.38%	-1.71%	-1.28%	-0.06%	0.18%	-0.29%	0.94%	-1.14%	-2.87%
EBITDA+	-3.97M	-5.46M	-12.34M	-26.51M	-27.98M	-20.6M	-28.23M	5.79M	439K	-12.73M
EBITDA Margin %	-	-24.27%	-1.72%	-0.79%	-0.72%	-0.32%	-0.24%	0.06%	0%	-0.11%
EBITDA Growth %	-1%	-0.37%	-1.26%	-1.15%	-0.06%	0.26%	-0.37%	1.2%	-0.92%	-30%
D&A (Non-Cash Add-back)	6.34K	24K	2.54M	7.39M	8.02M	8.77M	9.62M	7.97M	5.11M	5.33M
EBIT	-3.57M	-13.74M	-15.09M	-34.27M	-35.38M	-36.86M	-39.61M	-2.61M	-8.83M	-17.84M
Net Interest Income+	0	-512K	-3.92M	-3.27M	-3.74M	-5.3M	-4.12M	-7.34M	-4.37M	-2.71M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	178.5K	512.15K	3.92M	3.27M	3.74M	5.3M	4.12M	7.34M	4.37M	2.71M
Other Income/Expense	232.06K	-8.77M	-4.14M	-3.65M	-3.12M	-12.79M	-5.88M	-7.77M	-8.53M	-2.5M
Pretax Income+	-3.75M	-14.25M	-19.01M	-37.54M	-39.12M	-42.16M	-43.73M	-9.95M	-13.19M	-20.55M
Pretax Margin %	-	-63.33%	-2.64%	-1.11%	-1.01%	-0.65%	-0.37%	-0.1%	-0.11%	-0.18%
Income Tax+	0	8.39M	6K	218K	-192K	-345K	183K	65K	118K	-185K
Effective Tax Rate %	1%	1%	1.23%	1.01%	1%	0.99%	1%	1.01%	0.91%	0.91%
Net Income+	-3.75M	-14.25M	-23.34M	-37.76M	-38.93M	-41.82M	-43.91M	-10.02M	-11.97M	-18.71M
Net Margin %	-	-63.33%	-3.24%	-1.12%	-1.01%	-0.64%	-0.38%	-0.1%	-0.1%	-0.16%
Net Income Growth %	0.31%	-2.8%	-0.64%	-0.62%	-0.03%	-0.07%	-0.05%	0.77%	-0.19%	-0.56%
Net Income (Continuing)	-3.75M	-14.25M	-19.02M	-37.76M	-38.93M	-41.82M	-43.91M	-10.02M	-13.31M	-20.37M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	10.34M	9.36M
EPS (Diluted)+	-1.20	-4.40	-5.90	-7.20	-6.90	-6.10	-5.60	-1.20	-1.70	-2.10
EPS Growth %	0.45%	-2.67%	-0.34%	-0.22%	0.04%	0.12%	0.08%	0.79%	-0.42%	-0.24%
EPS (Basic)	-1.20	-4.40	-5.90	-7.20	-6.90	-6.10	-5.60	-1.20	-1.70	-2.10
Diluted Shares Outstanding	3M	3.25M	3.96M	5.19M	5.62M	6.9M	7.91M	8.48M	8.76M	9.5M
Basic Shares Outstanding	3M	3.25M	3.96M	5.19M	5.62M	6.9M	7.91M	8.48M	8.76M	9.5M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	52.89K	1.5M	18.72M	19.56M	17.72M	35.27M	31.31M	27.77M	24.34M	15.25M
Cash & Short-Term Investments	36.9K	1.48M	10.29M	13.7M	5.7M	18.64M	12.89M	8.41M	6.99M	4.12M
Cash Only	36.9K	1.48M	10.29M	13.7M	5.7M	18.64M	12.89M	8.41M	6.99M	4.12M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	0	2.99M	4.31M	3.89M	10.57M	13.69M	13.66M	13.21M	8.3M
Days Sales Outstanding	-	-	151.68	46.72	36.72	59.13	42.69	50.05	40.69	26.48
Inventory	0	0	3.69M	235K	6.74M	2.57M	2.6M	2.6M	1.8M	1.59M
Days Inventory Outstanding	-	-	200.93	2.75	74.98	19.13	10.2	14.19	7.61	6.64
Other Current Assets	0	0	3.69M	235K	0	135K	260K	3.11M	155K	1.24M
Total Non-Current Assets+	5.17M	57.41K	49.31M	39.34M	36.39M	50.5M	45.52M	38.12M	39.53M	25.27M
Property, Plant & Equipment	62.57K	57.41K	393K	2.72M	3.4M	4.37M	4.69M	3.33M	3.73M	893K
Fixed Asset Turnover	-	3.92x	18.31x	12.39x	11.38x	14.94x	24.96x	29.96x	31.72x	128.11x
Goodwill	0	0	5.38M	9.67M	9.67M	22.62M	23.38M	23.38M	23.38M	21.71M
Intangible Assets	0	3.22M	43.5M	26.94M	23.2M	22.47M	16.72M	11.04M	12.41M	2.57M
Long-Term Investments	4.89M	0	0	0	-108K	-137K	-338K	-332K	-427K	0
Other Non-Current Assets	213.33K	-3.22M	39K	-211K	127K	1.04M	728K	377K	427K	97K
Total Assets+	5.22M	1.56M	68.03M	58.9M	54.12M	85.77M	76.82M	65.89M	63.86M	40.52M
Asset Turnover	-	0.14x	0.11x	0.57x	0.71x	0.76x	1.52x	1.51x	1.85x	2.82x
Asset Growth %	1.04%	-0.7%	42.71%	-0.13%	-0.08%	0.58%	-0.1%	-0.14%	-0.03%	-0.37%
Total Current Liabilities+	4.88M	4.73M	25.68M	34.2M	47.79M	50.96M	60.12M	44.48M	46.84M	36.38M
Accounts Payable	481.41K	542K	11M	18.32M	26.7M	18.54M	29.64M	10.96M	15.15M	15.27M
Days Payables Outstanding	27.73K	172.48	599.57	214.47	297.28	138.15	116.35	59.9	64.03	63.92
Short-Term Debt	3.05M	3.95M	4.76M	2.42M	3.05M	4.71M	12K	4.74M	7.69M	3.57M
Deferred Revenue (Current)	0	0	1000K	950K	949K	1000K	1000K	992K	728K	1000K
Other Current Liabilities	1.12M	240K	0	0	0	0	0	3.15M	607K	0
Current Ratio	0.01x	0.32x	0.73x	0.57x	0.37x	0.69x	0.52x	0.62x	0.52x	0.42x
Quick Ratio	0.01x	0.32x	0.59x	0.57x	0.23x	0.64x	0.48x	0.57x	0.48x	0.38x
Cash Conversion Cycle	-	-	-246.96	-165	-185.58	-59.89	-63.46	4.33	-15.72	-30.8
Total Non-Current Liabilities+	110.27K	232.21K	3.95M	15.03M	13.45M	26.67M	27.62M	17.59M	10.46M	12.54M
Long-Term Debt	110.27K	232K	3.95M	15.03M	13.3M	19.43M	26.64M	7.15M	771K	150K
Capital Lease Obligations	0	0	0	0	45K	742K	468K	161K	0	99K
Deferred Tax Liabilities	0	0	0	211K	108K	137K	338K	332K	339K	60K
Other Non-Current Liabilities	0	0	0	0	0	6.36M	174K	9.95M	9.35M	12.24M
Total Liabilities	4.99M	4.96M	29.63M	49.23M	61.25M	77.63M	87.74M	62.07M	57.31M	48.93M
Total Debt+	3.16M	4.18M	8.71M	17.45M	16.48M	25.2M	27.39M	12.32M	8.55M	3.82M
Net Debt	3.12M	2.7M	-1.57M	3.74M	10.78M	6.56M	14.5M	3.91M	1.57M	-297K
Debt / Equity	13.68x	-	0.23x	1.80x	-	3.10x	-	3.23x	1.30x	-
Debt / EBITDA	-	-	-	-	-	-	-	2.13x	19.49x	-
Net Debt / EBITDA	-	-	-	-	-	-	-	0.68x	3.57x	-
Interest Coverage	-22.29x	-10.71x	-3.79x	-10.36x	-9.63x	-5.54x	-9.18x	-0.30x	-1.07x	-6.66x
Total Equity+	230.72K	-3.41M	38.4M	9.67M	-7.13M	8.14M	-10.92M	3.81M	6.56M	-8.41M
Equity Growth %	1.07%	-15.76%	12.27%	-0.75%	-1.74%	2.14%	-2.34%	1.35%	0.72%	-2.28%
Book Value per Share	0.08	-1.05	9.70	1.86	-1.27	1.18	-1.38	0.45	0.75	-0.89
Total Shareholders' Equity	230.72K	-3.41M	38.4M	9.67M	-7.13M	8.14M	-10.92M	3.81M	-3.78M	-17.77M
Common Stock	46K	104K	51K	52K	59K	77K	83K	90K	92K	97K
Retained Earnings	-13.85M	-28.1M	-51.43M	-88.84M	-128.12M	-169.94M	-213.85M	-224.27M	-238.98M	-265.12M
Treasury Stock	0	0	0	0	0	0	0	-2.16M	-4.78M	-250K
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	10.34M	9.36M

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	-3M	-3.12M	-9.26M	-5.77M	-4.89M	-9.51M	-9.12M	-3.84M	6.85M	6.37M
Operating CF Margin %	-	-13.88%	-1.29%	-0.17%	-0.13%	-0.15%	-0.08%	-0.04%	0.06%	0.06%
Operating CF Growth %	-15.69%	-0.04%	-1.97%	0.38%	0.15%	-0.94%	0.04%	0.58%	2.78%	-0.07%
Net Income	-3.75M	-14.25M	-20.55M	-37.76M	-38.93M	-41.82M	-43.91M	-10.02M	-11.97M	-20.37M
Depreciation & Amortization	6.34K	24.11K	2.54M	7.39M	8.02M	8.77M	9.62M	7.97M	5.11M	5.33M
Stock-Based Compensation	856.5K	2.28M	3.25M	9.21M	12.03M	11.28M	12.7M	3.05M	6.34M	6.16M
Deferred Taxes	0	0	1.72M	211K	-103K	-359K	160K	-6K	7K	-279K
Other Non-Cash Items	455.77K	10.79M	6.12M	5.01M	356K	7.84M	2.99M	-2.31M	5.41M	11.09M
Working Capital Changes	284.9K	311.66K	-2.34M	10.16M	13.73M	4.78M	9.31M	-2.53M	1.96M	4.45M
Change in Receivables	0	0	349K	-1.32M	525K	3.43M	-3.12M	29K	-32K	4.87M
Change in Inventory	0	0	-1.05M	625K	-13.16M	32K	-31K	3K	795K	215K
Change in Payables	284.31K	64.72K	2.38M	10.96M	13.16M	2.33M	10.83M	-380K	2.85M	-563K
Cash from Investing+	223.41K	2.16M	-2.46M	-2.53M	-2.44M	-791K	-3.98M	-2.45M	-4.05M	-3.12M
Capital Expenditures	-58.01K	-18.95K	-49K	-2.53M	-2.58M	-3.21M	-3.83M	-2.45M	-3.04M	-3.05M
CapEx % of Revenue	-	0.08%	0.01%	0.08%	0.07%	0.05%	0.03%	0.02%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	281.42K	2.18M	0	0	0	0	0	0	-1.01M	-70K
Cash from Financing+	2.78M	2.4M	20.53M	8.27M	5.83M	16.63M	7.49M	1.79M	-4.31M	-6.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	-509K
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	1.96M	673K	-235K	-482K	-710K	2.37M	0	-426K	8K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-3.06M	-3.14M	-9.31M	-8.3M	-7.47M	-12.72M	-12.95M	-6.29M	2.8M	3.25M
FCF Margin %	-	-13.96%	-1.29%	-0.25%	-0.19%	-0.19%	-0.11%	-0.06%	0.02%	0.03%
FCF Growth %	-11.23%	-0.03%	-1.96%	0.11%	0.1%	-0.7%	-0.02%	0.51%	1.45%	0.16%
FCF per Share	-1.02	-0.97	-2.35	-1.60	-1.33	-1.84	-1.64	-0.74	0.32	0.34
FCF Conversion (FCF/Net Income)	0.80x	0.22x	0.40x	0.15x	0.13x	0.23x	0.21x	0.38x	-0.57x	-0.34x
Interest Paid	0	0	0	981K	1.52M	0	1.47M	0	1.11M	873K
Taxes Paid	0	0	0	4K	17K	0	25K	0	37K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-1623.99%	-	-133.38%	-157.11%	-3060.3%	-8314.12%	-	-262.69%	-230.76%	-
Return on Invested Capital (ROIC)	-670.46%	-310.69%	-61.78%	-101.2%	-316.43%	-240.15%	-310.52%	-28.96%	-44.17%	-
Gross Margin	-	-409.78%	6.96%	7.51%	15.19%	24.9%	20.54%	32.96%	27.06%	23.79%
Net Margin	-	-6333.21%	-324.34%	-112.05%	-100.69%	-64.11%	-37.53%	-10.06%	-10.1%	-16.35%
Debt / Equity	13.68x	-	0.23x	1.80x	-	3.10x	-	3.23x	1.30x	-
Interest Coverage	-22.29x	-10.71x	-3.79x	-10.36x	-9.63x	-5.54x	-9.18x	-0.30x	-1.07x	-6.66x
FCF Conversion	0.80x	0.22x	0.40x	0.15x	0.13x	0.23x	0.21x	0.38x	-0.57x	-0.34x
Revenue Growth	-100%	-	3097.78%	368.39%	14.71%	68.73%	79.39%	-14.88%	18.9%	-3.41%

Revenue by Segment

	2024	2025
Membership Services	66.18M	56.94M
Membership Services Growth	-	-13.97%
Advertising	43.73M	52.28M
Advertising Growth	-	19.57%

Frequently Asked Questions

Growth & Financials

LiveOne, Inc. (LVO) reported $86.7M in revenue for fiscal year 2025.

LiveOne, Inc. (LVO) saw revenue decline by 3.4% over the past year.

LiveOne, Inc. (LVO) reported a net loss of $24.8M for fiscal year 2025.

Dividend & Returns

Yes, LiveOne, Inc. (LVO) pays a dividend with a yield of 1.24%. This makes it attractive for income-focused investors.

LiveOne, Inc. (LVO) had negative free cash flow of $15.6M in fiscal year 2025, likely due to heavy capital investments.

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LiveOne, Inc. (LVO) 10-Year Financial Performance & Capital Metrics

LVO • • Industrial / General

Communication ServicesEntertainmentStreaming & Digital Media PlatformsMusic Streaming & Digital Audio

Revenue $114M -3.4%
EBITDA -$13M -3000.2%
Net Income -$19M -56.4%
EPS (Diluted) -2.10 -23.5%
Gross Margin 23.79% -12.1%
EBITDA Margin -11.13% -3102.1%
Operating Margin -15.78% -300.5%
Net Margin -16.35% -61.9%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -6.66 -522.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 24.2%
✓Efficient asset utilization: 2.8x turnover

✗Weaknesses

✗Weak momentum: RS Rating 10 (bottom 10%)
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y31.43%

5Y24.23%

3Y-0.75%

TTM-32.17%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-260.14%

EPS CAGR

10Y-

5Y-

3Y-

TTM-135.42%

ROCE

10Y Avg-238.3%

5Y Avg-99.25%

3Y Avg-68.82%

Latest-170.72%

Peer Comparison

Music Streaming & Digital Audio

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ZNBZeta Network Group	102.4M	0.70	-0.00		-16.14%	-487.02%		0.06
ANGHAnghami Inc.	33.45M	3.69	-0.34	88.72%	-81.38%	-6.88%		0.21
LVOLiveOne, Inc.	49.44M	4.31	-2.05	-3.41%	-28.66%		6.56%

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	0	225K	7.2M	33.7M	38.66M	65.23M	117.02M	99.61M	118.44M	114.41M
Revenue Growth %	-1%	-	30.98%	3.68%	0.15%	0.69%	0.79%	-0.15%	0.19%	-0.03%
Cost of Goods Sold+	6.34K	1.15M	6.69M	31.17M	32.79M	48.99M	92.98M	66.78M	86.39M	87.19M
COGS % of Revenue	-	5.1%	0.93%	0.92%	0.85%	0.75%	0.79%	0.67%	0.73%	0.76%
Gross Profit+	-6.34K	-922K	501K	2.53M	5.87M	16.24M	24.04M	32.83M	32.05M	27.22M
Gross Margin %	-	-4.1%	0.07%	0.08%	0.15%	0.25%	0.21%	0.33%	0.27%	0.24%
Gross Profit Growth %	-1%	-144.52%	1.54%	4.05%	1.32%	1.77%	0.48%	0.37%	-0.02%	-0.15%
Operating Expenses+	3.98M	5.71M	15.38M	36.42M	41.87M	45.61M	61.89M	35.01M	36.72M	45.27M
OpEx % of Revenue	-	25.38%	2.14%	1.08%	1.08%	0.7%	0.53%	0.35%	0.31%	0.4%
Selling, General & Admin	3.62M	4.98M	11.38M	21.95M	25.38M	30.35M	47.8M	24.18M	30.11M	28.48M
SG&A % of Revenue	-	22.13%	1.58%	0.65%	0.66%	0.47%	0.41%	0.24%	0.25%	0.25%
Research & Development	0	0	1.58M	7.97M	10.77M	9.68M	8.09M	5.14M	4.68M	4.47M
R&D % of Revenue	-	-	0.22%	0.24%	0.28%	0.15%	0.07%	0.05%	0.04%	0.04%
Other Operating Expenses	360K	0	2.42M	6.5M	5.73M	5.58M	6M	5.7M	1.93M	12.32M
Operating Income+	-3.98M	-5.48M	-14.88M	-33.89M	-35.99M	-29.37M	-37.85M	-2.18M	-4.67M	-18.06M
Operating Margin %	-	-24.38%	-2.07%	-1.01%	-0.93%	-0.45%	-0.32%	-0.02%	-0.04%	-0.16%
Operating Income Growth %	-0.84%	-0.38%	-1.71%	-1.28%	-0.06%	0.18%	-0.29%	0.94%	-1.14%	-2.87%
EBITDA+	-3.97M	-5.46M	-12.34M	-26.51M	-27.98M	-20.6M	-28.23M	5.79M	439K	-12.73M
EBITDA Margin %	-	-24.27%	-1.72%	-0.79%	-0.72%	-0.32%	-0.24%	0.06%	0%	-0.11%
EBITDA Growth %	-1%	-0.37%	-1.26%	-1.15%	-0.06%	0.26%	-0.37%	1.2%	-0.92%	-30%
D&A (Non-Cash Add-back)	6.34K	24K	2.54M	7.39M	8.02M	8.77M	9.62M	7.97M	5.11M	5.33M
EBIT	-3.57M	-13.74M	-15.09M	-34.27M	-35.38M	-36.86M	-39.61M	-2.61M	-8.83M	-17.84M
Net Interest Income+	0	-512K	-3.92M	-3.27M	-3.74M	-5.3M	-4.12M	-7.34M	-4.37M	-2.71M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	178.5K	512.15K	3.92M	3.27M	3.74M	5.3M	4.12M	7.34M	4.37M	2.71M
Other Income/Expense	232.06K	-8.77M	-4.14M	-3.65M	-3.12M	-12.79M	-5.88M	-7.77M	-8.53M	-2.5M
Pretax Income+	-3.75M	-14.25M	-19.01M	-37.54M	-39.12M	-42.16M	-43.73M	-9.95M	-13.19M	-20.55M
Pretax Margin %	-	-63.33%	-2.64%	-1.11%	-1.01%	-0.65%	-0.37%	-0.1%	-0.11%	-0.18%
Income Tax+	0	8.39M	6K	218K	-192K	-345K	183K	65K	118K	-185K
Effective Tax Rate %	1%	1%	1.23%	1.01%	1%	0.99%	1%	1.01%	0.91%	0.91%
Net Income+	-3.75M	-14.25M	-23.34M	-37.76M	-38.93M	-41.82M	-43.91M	-10.02M	-11.97M	-18.71M
Net Margin %	-	-63.33%	-3.24%	-1.12%	-1.01%	-0.64%	-0.38%	-0.1%	-0.1%	-0.16%
Net Income Growth %	0.31%	-2.8%	-0.64%	-0.62%	-0.03%	-0.07%	-0.05%	0.77%	-0.19%	-0.56%
Net Income (Continuing)	-3.75M	-14.25M	-19.02M	-37.76M	-38.93M	-41.82M	-43.91M	-10.02M	-13.31M	-20.37M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	10.34M	9.36M
EPS (Diluted)+	-1.20	-4.40	-5.90	-7.20	-6.90	-6.10	-5.60	-1.20	-1.70	-2.10
EPS Growth %	0.45%	-2.67%	-0.34%	-0.22%	0.04%	0.12%	0.08%	0.79%	-0.42%	-0.24%
EPS (Basic)	-1.20	-4.40	-5.90	-7.20	-6.90	-6.10	-5.60	-1.20	-1.70	-2.10
Diluted Shares Outstanding	3M	3.25M	3.96M	5.19M	5.62M	6.9M	7.91M	8.48M	8.76M	9.5M
Basic Shares Outstanding	3M	3.25M	3.96M	5.19M	5.62M	6.9M	7.91M	8.48M	8.76M	9.5M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	52.89K	1.5M	18.72M	19.56M	17.72M	35.27M	31.31M	27.77M	24.34M	15.25M
Cash & Short-Term Investments	36.9K	1.48M	10.29M	13.7M	5.7M	18.64M	12.89M	8.41M	6.99M	4.12M
Cash Only	36.9K	1.48M	10.29M	13.7M	5.7M	18.64M	12.89M	8.41M	6.99M	4.12M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	0	0	2.99M	4.31M	3.89M	10.57M	13.69M	13.66M	13.21M	8.3M
Days Sales Outstanding	-	-	151.68	46.72	36.72	59.13	42.69	50.05	40.69	26.48
Inventory	0	0	3.69M	235K	6.74M	2.57M	2.6M	2.6M	1.8M	1.59M
Days Inventory Outstanding	-	-	200.93	2.75	74.98	19.13	10.2	14.19	7.61	6.64
Other Current Assets	0	0	3.69M	235K	0	135K	260K	3.11M	155K	1.24M
Total Non-Current Assets+	5.17M	57.41K	49.31M	39.34M	36.39M	50.5M	45.52M	38.12M	39.53M	25.27M
Property, Plant & Equipment	62.57K	57.41K	393K	2.72M	3.4M	4.37M	4.69M	3.33M	3.73M	893K
Fixed Asset Turnover	-	3.92x	18.31x	12.39x	11.38x	14.94x	24.96x	29.96x	31.72x	128.11x
Goodwill	0	0	5.38M	9.67M	9.67M	22.62M	23.38M	23.38M	23.38M	21.71M
Intangible Assets	0	3.22M	43.5M	26.94M	23.2M	22.47M	16.72M	11.04M	12.41M	2.57M
Long-Term Investments	4.89M	0	0	0	-108K	-137K	-338K	-332K	-427K	0
Other Non-Current Assets	213.33K	-3.22M	39K	-211K	127K	1.04M	728K	377K	427K	97K
Total Assets+	5.22M	1.56M	68.03M	58.9M	54.12M	85.77M	76.82M	65.89M	63.86M	40.52M
Asset Turnover	-	0.14x	0.11x	0.57x	0.71x	0.76x	1.52x	1.51x	1.85x	2.82x
Asset Growth %	1.04%	-0.7%	42.71%	-0.13%	-0.08%	0.58%	-0.1%	-0.14%	-0.03%	-0.37%
Total Current Liabilities+	4.88M	4.73M	25.68M	34.2M	47.79M	50.96M	60.12M	44.48M	46.84M	36.38M
Accounts Payable	481.41K	542K	11M	18.32M	26.7M	18.54M	29.64M	10.96M	15.15M	15.27M
Days Payables Outstanding	27.73K	172.48	599.57	214.47	297.28	138.15	116.35	59.9	64.03	63.92
Short-Term Debt	3.05M	3.95M	4.76M	2.42M	3.05M	4.71M	12K	4.74M	7.69M	3.57M
Deferred Revenue (Current)	0	0	1000K	950K	949K	1000K	1000K	992K	728K	1000K
Other Current Liabilities	1.12M	240K	0	0	0	0	0	3.15M	607K	0
Current Ratio	0.01x	0.32x	0.73x	0.57x	0.37x	0.69x	0.52x	0.62x	0.52x	0.42x
Quick Ratio	0.01x	0.32x	0.59x	0.57x	0.23x	0.64x	0.48x	0.57x	0.48x	0.38x
Cash Conversion Cycle	-	-	-246.96	-165	-185.58	-59.89	-63.46	4.33	-15.72	-30.8
Total Non-Current Liabilities+	110.27K	232.21K	3.95M	15.03M	13.45M	26.67M	27.62M	17.59M	10.46M	12.54M
Long-Term Debt	110.27K	232K	3.95M	15.03M	13.3M	19.43M	26.64M	7.15M	771K	150K
Capital Lease Obligations	0	0	0	0	45K	742K	468K	161K	0	99K
Deferred Tax Liabilities	0	0	0	211K	108K	137K	338K	332K	339K	60K
Other Non-Current Liabilities	0	0	0	0	0	6.36M	174K	9.95M	9.35M	12.24M
Total Liabilities	4.99M	4.96M	29.63M	49.23M	61.25M	77.63M	87.74M	62.07M	57.31M	48.93M
Total Debt+	3.16M	4.18M	8.71M	17.45M	16.48M	25.2M	27.39M	12.32M	8.55M	3.82M
Net Debt	3.12M	2.7M	-1.57M	3.74M	10.78M	6.56M	14.5M	3.91M	1.57M	-297K
Debt / Equity	13.68x	-	0.23x	1.80x	-	3.10x	-	3.23x	1.30x	-
Debt / EBITDA	-	-	-	-	-	-	-	2.13x	19.49x	-
Net Debt / EBITDA	-	-	-	-	-	-	-	0.68x	3.57x	-
Interest Coverage	-22.29x	-10.71x	-3.79x	-10.36x	-9.63x	-5.54x	-9.18x	-0.30x	-1.07x	-6.66x
Total Equity+	230.72K	-3.41M	38.4M	9.67M	-7.13M	8.14M	-10.92M	3.81M	6.56M	-8.41M
Equity Growth %	1.07%	-15.76%	12.27%	-0.75%	-1.74%	2.14%	-2.34%	1.35%	0.72%	-2.28%
Book Value per Share	0.08	-1.05	9.70	1.86	-1.27	1.18	-1.38	0.45	0.75	-0.89
Total Shareholders' Equity	230.72K	-3.41M	38.4M	9.67M	-7.13M	8.14M	-10.92M	3.81M	-3.78M	-17.77M
Common Stock	46K	104K	51K	52K	59K	77K	83K	90K	92K	97K
Retained Earnings	-13.85M	-28.1M	-51.43M	-88.84M	-128.12M	-169.94M	-213.85M	-224.27M	-238.98M	-265.12M
Treasury Stock	0	0	0	0	0	0	0	-2.16M	-4.78M	-250K
Accumulated OCI	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	10.34M	9.36M

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	-3M	-3.12M	-9.26M	-5.77M	-4.89M	-9.51M	-9.12M	-3.84M	6.85M	6.37M
Operating CF Margin %	-	-13.88%	-1.29%	-0.17%	-0.13%	-0.15%	-0.08%	-0.04%	0.06%	0.06%
Operating CF Growth %	-15.69%	-0.04%	-1.97%	0.38%	0.15%	-0.94%	0.04%	0.58%	2.78%	-0.07%
Net Income	-3.75M	-14.25M	-20.55M	-37.76M	-38.93M	-41.82M	-43.91M	-10.02M	-11.97M	-20.37M
Depreciation & Amortization	6.34K	24.11K	2.54M	7.39M	8.02M	8.77M	9.62M	7.97M	5.11M	5.33M
Stock-Based Compensation	856.5K	2.28M	3.25M	9.21M	12.03M	11.28M	12.7M	3.05M	6.34M	6.16M
Deferred Taxes	0	0	1.72M	211K	-103K	-359K	160K	-6K	7K	-279K
Other Non-Cash Items	455.77K	10.79M	6.12M	5.01M	356K	7.84M	2.99M	-2.31M	5.41M	11.09M
Working Capital Changes	284.9K	311.66K	-2.34M	10.16M	13.73M	4.78M	9.31M	-2.53M	1.96M	4.45M
Change in Receivables	0	0	349K	-1.32M	525K	3.43M	-3.12M	29K	-32K	4.87M
Change in Inventory	0	0	-1.05M	625K	-13.16M	32K	-31K	3K	795K	215K
Change in Payables	284.31K	64.72K	2.38M	10.96M	13.16M	2.33M	10.83M	-380K	2.85M	-563K
Cash from Investing+	223.41K	2.16M	-2.46M	-2.53M	-2.44M	-791K	-3.98M	-2.45M	-4.05M	-3.12M
Capital Expenditures	-58.01K	-18.95K	-49K	-2.53M	-2.58M	-3.21M	-3.83M	-2.45M	-3.04M	-3.05M
CapEx % of Revenue	-	0.08%	0.01%	0.08%	0.07%	0.05%	0.03%	0.02%	0.03%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	281.42K	2.18M	0	0	0	0	0	0	-1.01M	-70K
Cash from Financing+	2.78M	2.4M	20.53M	8.27M	5.83M	16.63M	7.49M	1.79M	-4.31M	-6.24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	-509K
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	1.96M	673K	-235K	-482K	-710K	2.37M	0	-426K	8K	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-3.06M	-3.14M	-9.31M	-8.3M	-7.47M	-12.72M	-12.95M	-6.29M	2.8M	3.25M
FCF Margin %	-	-13.96%	-1.29%	-0.25%	-0.19%	-0.19%	-0.11%	-0.06%	0.02%	0.03%
FCF Growth %	-11.23%	-0.03%	-1.96%	0.11%	0.1%	-0.7%	-0.02%	0.51%	1.45%	0.16%
FCF per Share	-1.02	-0.97	-2.35	-1.60	-1.33	-1.84	-1.64	-0.74	0.32	0.34
FCF Conversion (FCF/Net Income)	0.80x	0.22x	0.40x	0.15x	0.13x	0.23x	0.21x	0.38x	-0.57x	-0.34x
Interest Paid	0	0	0	981K	1.52M	0	1.47M	0	1.11M	873K
Taxes Paid	0	0	0	4K	17K	0	25K	0	37K	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-1623.99%	-	-133.38%	-157.11%	-3060.3%	-8314.12%	-	-262.69%	-230.76%	-
Return on Invested Capital (ROIC)	-670.46%	-310.69%	-61.78%	-101.2%	-316.43%	-240.15%	-310.52%	-28.96%	-44.17%	-
Gross Margin	-	-409.78%	6.96%	7.51%	15.19%	24.9%	20.54%	32.96%	27.06%	23.79%
Net Margin	-	-6333.21%	-324.34%	-112.05%	-100.69%	-64.11%	-37.53%	-10.06%	-10.1%	-16.35%
Debt / Equity	13.68x	-	0.23x	1.80x	-	3.10x	-	3.23x	1.30x	-
Interest Coverage	-22.29x	-10.71x	-3.79x	-10.36x	-9.63x	-5.54x	-9.18x	-0.30x	-1.07x	-6.66x
FCF Conversion	0.80x	0.22x	0.40x	0.15x	0.13x	0.23x	0.21x	0.38x	-0.57x	-0.34x
Revenue Growth	-100%	-	3097.78%	368.39%	14.71%	68.73%	79.39%	-14.88%	18.9%	-3.41%

Revenue by Segment

	2024	2025
Membership Services	66.18M	56.94M
Membership Services Growth	-	-13.97%
Advertising	43.73M	52.28M
Advertising Growth	-	19.57%

Frequently Asked Questions

Growth & Financials

LiveOne, Inc. (LVO) reported $86.7M in revenue for fiscal year 2025.

LiveOne, Inc. (LVO) saw revenue decline by 3.4% over the past year.

LiveOne, Inc. (LVO) reported a net loss of $24.8M for fiscal year 2025.

Dividend & Returns

Yes, LiveOne, Inc. (LVO) pays a dividend with a yield of 1.24%. This makes it attractive for income-focused investors.

LiveOne, Inc. (LVO) had negative free cash flow of $15.6M in fiscal year 2025, likely due to heavy capital investments.