LiveOne Inc (NAS:LVO)
$ 1.19 0.01 (0.85%) Market Cap: 112.89 Mil Enterprise Value: 130.78 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 68/100

LiveOne Inc at LD Micro Invitational Conference Transcript

Jun 06, 2023 / 07:00PM GMT
Release Date Price: $1.1 (+0.81%)
Robert Ellin
LiveOne, Inc. - Chairman and CEO

So LiveOne, an award-winning, creator-first, music and entertainment platform, one of the fastest growing subscription platforms in the world. Listen, watch, attend, engage, and transact. We give fans, brands, and bands the best seat in the house.

Revenues are skyrocketing, right? We just came out with our guidance. This year, we finished for fiscal 2023, which is March. We finished the year between $98 million and $100 million. The numbers have come out around June 30 with about $10 million to $12 million of EBITDA, which is up from negative 13 last year, a $25 million swing.

I just reported guidance of $115 million to $125 million with $12 million to $15 million of EBITDA. And the audio business of PodcastOne and Slacker of $95 million to $105 million and $18 million to $21 million EBITDA. That was before I announced the acquisition of Kast Media, which we said is another $10 million in revenues and will be super accretive to our revenues as well as our EBITDA.

As you look at the metrics in the industry, our competitors are

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