Live Ventures Reports Fiscal Year 2024 Financial Results
Live Ventures Incorporated (LIVE)
US:NASDAQ Investor Relations:
ir.live-ventures.com
Company Research
Source: GlobeNewswire
LAS VEGAS, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal year ended September 30, 2024. Fiscal Year 2024 Key Highlights: Revenue increased 33.1% to $472.8 million, compared to $355.2 million in the prior yearGross profit increased 25.3% to $144.8 million, compared to $115.6 million in the prior yearNet loss was $26.7 million and loss per share was $8.48, compared to the prior year net loss of $0.1 million and loss per share of $0.03. Net loss for fiscal year 2024 includes an $18.1 million goodwill impairment charge in the Retail-Flooring segmentAdjusted EBITDA¹ was $24.5 million, compared to $31.5 million in the prior yearTotal assets of $407.5 million and stockholders’ equity of $72.9 million as of September 30, 2024Approximately $33.3 million of cash and availability under the Company’s credit facilities as of September 30, 2024 “Rev
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