Record Fiscal Year Revenue
Consolidated revenue for fiscal 2026 was $77.1M (management repeatedly referenced ~$77M) with the audio division generating $73.5M.
LiveOne
· LVO
June 24th, 2026
Summary
- Earnings Call Date:
- 2026-06-24
- Change Since:
- 0.00%
- Next Earnings Date:
- 2026-08-06
Earnings Call Sentiment
PositiveThe call emphasized a pronounced operational turnaround: record and repeatable growth at PodcastOne, meaningful content and partnership traction, cleaned up balance sheet, share buybacks and raised guidance. However, the company remains GAAP-loss-making at the consolidated level, has lingering unit (Slacker) weakness, conversion and timing risk in monetizing large installed bases and newly announced B2B deals, and some share-count/dilution uncertainty. On balance the management portrayed momentum and multiple clear near- to medium-term revenue levers, offset by execution and timing risks.
Company Guidance
Management raised revenue guidance to $85–95 million with $8–10 million of adjusted EBITDA (they had earlier referenced $78–85M), noting fiscal 2026 results of $77.1M revenue and adjusted EBITDA of -$0.9M; Q4 consolidated revenue was $18.9M with adjusted EBITDA $0.3M (audio division Q4 $18.3M, adj EBITDA $2.4M; PodcastOne Q4 $15.7M, adj EBITDA $1.9M; Slacker Q4 $2.6M, adj EBITDA $0.6M), full‑year audio revenue $73.5M and adj EBITDA $6.1M, PodcastOne full year $61.7M and $6.3M adj EBITDA, Slacker full year $11.8M and adj EBITDA -$0.2M. They said they’re already running roughly $2M of EBITDA in the current quarter (an ~$8M run‑rate off the slowest quarter), have 1.3M Tesla users averaging 69 minutes/day, converted over $15M of equity at $7.50/share, repurchased >$7M of stock with $5M remaining to buy, report 100+ B2B deals in the pipeline (AT&T reach ~70M), hold ~250k hours of video and ~500k hours of audio content, carry ~$225–230M of NOLs, and expect imminent AI/content licensing, accretive M&A and material upside to revenue and EBITDA.
PodcastOne Strong Growth and Profitability
PodcastOne produced a record full-year revenue of $61.7M and adjusted EBITDA of $6.3M. Management noted growth from ~$17M at acquisition to $61.7M this year (approximately +263% increase) and an EBITDA turnaround from a ~$6.5M loss at acquisition to +$6.3M (roughly a ~$12.8M swing).
Quarterly Improvement — Q4 Positive Adjusted EBITDA
Q4 consolidated revenue was $18.9M with positive adjusted EBITDA of $0.3M. Audio division Q4 revenue was $18.3M with adjusted EBITDA of $2.4M (PodcastOne Q4 revenue $15.7M, adj. EBITDA $1.9M; Slacker Q4 revenue $2.6M, adj. EBITDA $0.6M).
Raised Guidance for FY2027
Management raised guidance to $85M–$95M in revenue with $8M–$10M of adjusted EBITDA for the coming year (latest guidance stated on the call).
Large B2B Partnerships and Growing Pipeline
New and expanded B2B partnerships announced with AT&T (reach >70M), Vizio, Samsung, LG and Amazon/Paramount; management stated more than 100 partnerships in the pipeline and argued that converting even 0.5%–1% of large partner audiences could drive material future revenue. Amazon/related streaming deals scaled from initial small deals (~$2M) to >$20M–$26M in later phases (management cited multi-hundred percent growth in those relationships).
Massive Content and Data Assets
Company reported ~250,000 hours of video content and >500,000 hours of audio content, plus adding ~20M songs to the portfolio — positioning the company to monetize content via AI/data licensing opportunities.
Improved Balance Sheet and Capital Actions
Management reported paying down all junior debt, converting over $15M of equity at $7.50/share, buying back >$7M of stock with $5M additional authorization, and describing the balance sheet as the strongest in company history.
User Engagement and Tesla Base
LiveOne reported ~1.3M Tesla users averaging ~69 minutes of usage per day; management estimated paid subscribers in the range of ~200k and noted improving ARPU and conversion trends (management cited recent conversion activity of ~1%–2% in recent months and a phase-one sign-up success of ~46% for a trial/phase).
Industry Positioning and M&A Readiness
Company rose to #7 on Podtrac, top 10 all year; management emphasized readiness for accretive M&A, expecting an imminent accretive acquisition and re-engaged JPMorgan to explore options and protect shareholder value.
Operator
Good morning, and thank you for standing by. Welcome to LiveOne's fiscal fourth quarter and full year ended March 31st, 2026 financial results and business update conference call. During today's call, all participants will be in listen-only mode. Following the presentation, the conference will be opened for questions. Presenting on today's call is Rob Ellin, CEO and Chairman of LiveOne, and Craig Christensen, Interim CFO of LiveOne. I would like to remind you that some of the statements made on today's call are forward-looking and are based on current expectations, forecasts, and assumptions that involve various risks and uncertainties. These statements include, but are not limited to, statements regarding the future performance of the company, including expected future financial results and expected future growth in the business. Actual results may differ materially from those discussed on this call for a variety of reasons.
Please refer to the company's filings with the SEC for information about factors which could cause the company's actual results to differ materially from these forward-looking statements, including those described in its annual report on Form 10-K for the year ended March 31st, 2026, and subsequent SEC filings. You'll find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed today in the company's earnings release, which is posted on its investor relations website. The company encourages you to periodically visit its investor relations website for important content. The following discussion, including...
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