LiveOne (LVO) investor relations material

Financial performance and outlook

• Quarterly consolidated revenue cited at $19.4m in opening remarks and $19.3m in closing recap; adjusted EBITDA $4.3m, including $6m of audio EBITDA for the quarter.

• FY2026 consolidated revenue $77.1m and adjusted EBITDA -$0.9m; FY2027 guidance: revenue $85m-$95m and adjusted EBITDA $8m-$10m, a stated $15.6m swing.

• Operating expenses down 52% YoY through AI-driven efficiencies and workforce reduction from 350 to ~80; liabilities reduced by $5.5m, cash increased by $3.3m and stockholders’ equity by nearly $7m.

• PodcastOne FY2026 record revenue of $16m and EBITDA of $1.6m, up 172% YoY; management expects podcast revenue growth of 15%-20% in the current year.

• Stock repurchase authorization increased from $7m to $12m; management said ~$5m remained and cited more than $1m of purchases in the prior quarter.

Content portfolio and audience

• Five revenue pillars identified: music subscriptions, podcasts, live streaming/pay-per-view, merchandise and music publishing; stated platform metrics included 6.6bn listens, 2,900+ artists and 148 live-streamed events.

• PodcastOne reported 190+ exclusive shows, 3.9bn annual downloads and 350 hours of weekly distributed content; another operating update cited 19m monthly downloads and 5.8m monthly unique users.

• PodcastOne reached No. 6 on Podtrac, up from No. 20 at acquisition; Dr. Phil joined with his content library, and new podcast launches were described as occurring every two to three weeks.

• Slacker Radio was positioned as a low-priced white-label audio service, with 50m tracks and 500 curated channels; audio listens were cited at more than 82bn.

• Merchandise was refocused on celebrity-led brands after removing 150 positions; pay-per-view is being relaunched with a boxing deal, following pre-COVID revenue above $30m and EBITDA above $5m.

Partnerships and growth initiatives

• Partnerships announced with LG, Samsung and AT&T, alongside existing Paramount and Netflix relationships; additional deals named AT&T, LG, Samsung and VIZIO.

• A four-year white-label deal with a major retailer was scheduled to launch between Nov. 15 and Dec. 31, 2026; the retailer has 50m+ monthly paying subscribers, with tiered paid and ad-supported access planned.

• Management said eight newly announced deals could each provide access to audiences of at least 10m and as many as 300m; any one reaching expected scale could lift revenue above $100m.

• Podcast arrangements vary by talent workload, typically sharing revenue 60/40 in talent’s favor; rights are retained, and advertising, live shows, pay-per-view and merchandise can add revenue streams.

• Management highlighted potential AI-data monetization, citing 500,000+ hours of audio, 250,000+ hours of video and AI training-content rates of $100-$500 per hour.