LiveOne Inc

LiveOne has acquired 1.47 million common shares of PodcastOne since March 31, 2026 at an average price of $2.81 per share, raising its total ownership to 20.8 million PodcastOne shares. The purchases include 374,109 shares acquired in the first half of fiscal 2027. PodcastOne's cash position stood at more than $6.5 million as of today. Bankers are reviewing inbound potential M&A and monetization options, and PodcastOne and its bankers are exploring a potential consolidation with LiveOne into a single public company, a combination that could yield $3 million in potential annual synergies along with public-company cost savings.

LiveOne has expanded its PPVOne pay-per-view partnership with Bare Knuckle Ice Wars, following the combat sports property's national ESPN debut and more than 15 million social media views. LiveOne will distribute the September 5 championship event at River Cree Resort & Casino in Enoch, Alberta, which will feature UFC Hall of Famer Tito Ortiz and three title fights. PPVOne, which has generated more than $30 million in revenue and $5 million in EBITDA across over 250 livestreams, will add this event to its portfolio that includes Mayweather vs. Logan Paul and other major sports and entertainment properties. Ice Wars CEO Charlie Nama said the partnership will help put the sport in front of a larger audience.

LiveOne signaled a path to over $250 million in revenues over the next three years, citing a record $6.3 million of adjusted EBITDA and a new Netflix partnership. Founder, Chairman and CEO Robert Ellin said the company posted $19.3 million in revenues and $18.6 million of audio revenues for the quarter, while also noting a 4-year retail agreement with one of the biggest retailers in the world. Interim CFO Craig Christensen reported consolidated revenue of $19.4 million with positive adjusted EBITDA of $4.3 million, and a U.S. GAAP net loss of $3.1 million or negative $0.23 per share. Ellin said the company is in discussions with 17 AI businesses and expects to start monetizing AI content in the next quarter, while Christensen flagged that some Q1 Slacker margin and EBITDA drivers included one-time items tied to liability elimination and stock-for-service deals.

LiveOne, Inc. reported record adjusted EBITDA of $6.3 million for its fiscal first quarter of 2027, driven by a leaner cost structure after reducing headcount from 350 to about 80 employees. Management is pivoting toward a B2B-heavy distribution model, leveraging partnerships with 'trillion-dollar companies' to scale without high customer acquisition costs. The company projects a clear path to exceeding $250 million in annual revenues within the next three years, assuming continued expansion of partnerships like Paramount and Amazon, and expects to begin monetizing its 750,000-hour audio/video library through AI licensing deals with 17 AI businesses at rates between $100 and $500 per hour. LiveOne eliminated $5 million in liabilities during the quarter and added $7 million to stockholders' equity through strategic debt settlements and stock-for-service agreements, while completing $7 million of its $12 million stock repurchase program. Management views the current valuation—trading at roughly 65% of revenues versus an industry average of 3.7 times—as an 'extraordinary disconnect' they intend to close through consistent execution.

LiveOne reported improved fiscal first-quarter results, with 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 shares jumped 7.1% to close at $6.64 in the last trading session, supported by the company's business turnaround and expanding growth initiatives. Management highlighted a transformational year with improved financial performance across its audio businesses, including record revenue and adjusted EBITDA growth at PodcastOne. The company strengthened its balance sheet by replacing lenders, paying down junior debt, converting more than $15 million into equity, and improving its overall financial position. LiveOne is expanding its B2B business through partnerships with VIZIO, Samsung, AT&T and LG, which provide access to hundreds of millions of monthly users, and has more than 100 additional B2B opportunities in the pipeline. The company raised its financial guidance and expects further momentum from strategic partnerships, AI-related content monetization, and potential acquisitions.

LiveOne has raised its fiscal 2027 revenue guidance to between $85 million and $95 million with adjusted EBITDA of $8 million to $10 million, and signaled an accretive acquisition is expected imminently. For the full fiscal year 2026, the company reported revenue of $77.1 million and an adjusted EBITDA loss of $900,000, while its Audio division generated $73.5 million in revenue and $6.1 million in adjusted EBITDA. The PodcastOne subsidiary posted record full-year revenue of $61.7 million and $6.3 million in adjusted EBITDA, and Slacker reported $11.8 million in revenue with a $200,000 adjusted EBITDA loss. Management highlighted new B2B partnerships with AT&T, VIZIO, and Samsung, and noted the company bought back over $7 million in stock with an additional $5 million authorized for repurchases.