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Stock impact report

Live Ventures Reports Fiscal Year 2024 Financial Results [Yahoo! Finance]

Live Ventures Incorporated (LIVE) 
US:NASDAQ Investor Relations: ir.live-ventures.com
Company Research Source: Yahoo! Finance
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 year Gross profit increased 25.3% to $144.8 million, compared to $115.6 million in the prior year Net 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 segment Adjusted EBITDA¹ was $24.5 million, compared to $31.5 million in the prior year Total assets of $407.5 million and stockholders' equity of $72.9 million as of September 30, 2024 Approximately $33.3 million of cash and availability under the Company's credit facilities as of September 30, 2024 “Revenue increased 33.1% for fiscal year 2024 as compared to the prior year, primarily driven by the strategic acquisitions of Floorin Show less Read more
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