LiveOne, trading under the ticker LVO, has set the pricing for its previously announced public offering, set to include 11,833,334 shares of common stock priced at $0.75 per share. This offering is projected to raise approximately $8.9 million before accounting for underwriting discounts, commissions, and related expenses. The primary goal for these proceeds is to expedite the launch of the company's Bitcoin yield treasury strategy program.
Lucid Capital Markets has taken the role of the sole book-running manager for the offering. All shares involved in this offering are being sold directly by LiveOne. Additionally, the company has provided the underwriter with a 45-day option to acquire up to an additional 1,775,000 shares at the public offering price, minus any underwriting discounts and commissions. The closing of this offering is anticipated around July 17, 2025, pending the usual closing conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for LiveOne Inc (LVO, Financial) is $2.32 with a high estimate of $4.00 and a low estimate of $1.40. The average target implies an upside of 209.29% from the current price of $0.75. More detailed estimate data can be found on the LiveOne Inc (LVO) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, LiveOne Inc's (LVO, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for LiveOne Inc (LVO, Financial) in one year is $1.01, suggesting a upside of 34.65% from the current price of $0.7501. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the LiveOne Inc (LVO) Summary page.
LVO Key Business Developments
Release Date: July 03, 2025
- Consolidated Revenue (Q4 2025): $19.3 million
- 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
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- LiveOne Inc (LVO, Financial) 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 (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.
Negative Points
- LiveOne Inc (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.
