LiveOne Inc (LVO) Q4 2025 Earnings Call Highlights: Strategic Partnerships and Podcast Growth ...
Audio Division Revenue (Q4 2025): $18.2 million
Adjusted EBITDA (Q4 2025): $1.1 million
Net Loss (Q4 2025): $10.9 million or $0.07 per diluted share
Full Year Consolidated Revenue (Fiscal 2025): $114.4 million
Full Year Adjusted EBITDA (Fiscal 2025): $8.4 million
Audio Division Full Year Revenue (Fiscal 2025): $108.9 million
Audio Division Adjusted EBITDA (Fiscal 2025): $18.2 million
Podcast Business Revenue (Fiscal 2025): Over $52 million, up from $38 million last year
Podcast Business Revenue (Q4 2025): $14 million
Podcast Business EBITDA (Q4 2025): Over $900,000
Guidance for Podcast Business Revenue: $55 million to $60 million
Guidance for Podcast Business EBITDA: $3.5 million to $5 million
Credit Facility: Replaced $7.5 million credit line with $27.5 million facility from JGB
Cost Reductions: Eliminated over $10 million in short-term liabilities and cut a third of staff at Slacker Radio
Subscriber and User Base: Over 1.5 million subscribers and ad-supported users
New Partnerships: $16.5 million with Amazon and $25 million with a Fortune 50 company
Stock Buyback: Over 350,000 shares of LiveOne and over a million shares of PODC
Warning! GuruFocus has detected 3 Warning Signs with LVO.
Release Date: July 03, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
LiveOne Inc (NASDAQ:LVO) reported over $112 million in revenues, surpassing previous guidance.
The podcast business achieved significant growth, with revenues increasing from $38 million to over $52 million year-over-year.
The company has successfully converted over 1.3 million Tesla users, contributing to a total of 1.5 million subscribers and ad-supported users.
LiveOne Inc (NASDAQ:LVO) has launched significant partnerships, including deals with Amazon worth $16.5 million and a Fortune 50 company worth over $25 million.
The company has made strategic financial moves, such as replacing a $7.5 million credit line with a $27.5 million facility, enhancing its cash position.
LiveOne Inc (NASDAQ:LVO) posted a consolidated net loss of $10.9 million for Q4 2025.
The company has cut a third of its staff at Slacker Radio and over 70% of its cash at CPS, indicating significant restructuring.
Despite growth, the company still faces challenges in converting ad-supported users to paid subscribers.
The company's stock has been perceived as undervalued, prompting a buyback of over 350,000 shares.
There is uncertainty regarding the financial impact of new initiatives, such as AI and Web3, as detailed guidance has not been provided.
Q: Can you clarify what a fill rate of over 50% means from a financial standpoint? A: Robert Ellin, CEO, explained that the fill rate refers to the percentage of advertising inventory being utilized, which is now over 50%. This drives revenue and sets the stage for converting free users to paid subscribers, similar to Spotify's model. The goal is to increase this fill rate to 75% quickly.
Q: Are your Web3 and crypto initiatives primarily focused on podcast content? A: Yes, Robert Ellin confirmed that the initial focus is on podcast content. LiveOne has launched a podcast network for Web3 and crypto, aiming to create and acquire content using AI. While not entering the mining business, they see opportunities in tokenization and leveraging their large audience.
Q: When will the 10-K be filed? A: Ryan Carhart, CFO, stated that the 10-K is expected to be filed early next week, pending final documentation from auditors.
Q: Can you discuss any new B2B deals or changes in deal types? A: Robert Ellin highlighted that LiveOne is experiencing significant momentum in B2B deals, similar to past successes with Tesla. They are in discussions with various industries, including carriers and streaming networks, and expect to announce a major partnership soon.
Q: Is there any update on the Tesla relationship? A: Robert Ellin expressed pride in the Tesla partnership, noting that LiveOne's branding is now prominent in Tesla cars. They have converted 1.3 million out of 2 million Tesla users, and the focus is on increasing ARPU and building a valuable subscriber database.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on GuruFocus.
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