LiveOne reported improved quarterly results, with fiscal Q1 revenue of $19.4 million and adjusted EBITDA of $4.3 million. Its GAAP net loss narrowed to $3.1 million from $3.9 million a year earlier, while cash increased by $3.3 million and liabilities fell by $5 million. PodcastOne drove audio growth, generating record quarterly revenue of $16.1 million and adjusted EBITDA of $1.6 million.
Slacker's $4.7 million EBITDA benefit was partly supported by $1.5 million in one-time liability eliminations, suggesting margins may normalize. Management highlighted expansion opportunities through partnerships with Netflix, major retailers and smart-TV platforms, plus a potential acquisition pipeline exceeding $400 million. LiveOne is also exploring AI licensing for its large content library and projects a path to more than $250 million in annual revenue within three years.
LiveOne (NASDAQ:LVO) reported fiscal 2027 first-quarter consolidated revenue of $19.4 million and adjusted EBITDA of $4.3 million for the three months ended June 30, according to Interim CFO Craig Christensen. The company posted a GAAP net loss of $3.1 million, or $0.23 per basic and diluted share, compared with a net loss of $3.9 million, or $0.40 per share, in the prior-year quarter. CEO and Chairman Rob Ellin described the period as one of the company's strongest quarters, citing growth in cash and stockholders' equity as well as reductions in liabilities.
Ellin said LiveOne increased its cash position by $3.3 million, added $7 million of stockholders' equity and eliminated $5 million of liabilities during the quarter. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat LiveXLive Media Stock is a Risky But Compelling Streaming Network Play LiveOne's audio division generated $18.6 million in first-quarter revenue and $6.3 million in adjusted EBITDA. PodcastOne, the company's podcasting business, reported record quarterly revenue of $16.1 million and adjusted EBITDA of $1.6 million, Christensen said. Slacker generated $2.5 million in revenue and $4.7 million in adjusted EBITDA.
Christensen said Slacker's results were primarily driven by stock-for-service arrangements and the elimination of certain past liabilities. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be During the question-and-answer session, Christensen said approximately $1.5 million of the quarter's Slacker benefit came from one-time liability eliminations. He said the business' margins would return closer to normal levels absent continued stock-for-service transactions. Ellin said the company acquired 150,000 PodcastOne shares and paid off all junior debt at PodcastOne during the quarter.
He also said LiveOne had completed $7 million of a previously announced $12 million stock-repurchase program and intends to continue repurchases when permitted. → First Solar's Profit Engine Faces a New Policy Test in Washington Management highlighted a growing business-to-business pipeline involving large technology, media, consumer electronics and telecommunications companies. Ellin said LiveOne has a four-year agreement with an unnamed major global retailer and is nearing a second retail arrangement, though he said the company could not disclose partner names under confidentiality agreements. Ellin also said LiveOne has partnered with Netflix for podcast distribution, initially involving podcasts rather than music.
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