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Stock impact report

LiveOne (Nasdaq: LVO) Announces Preliminary Fiscal 2025 Results, Including Revenues of $112M+

LiveOne, Inc. (LVO) 
Company Research Source: GlobeNewswire
Audio Revenue of $108M+ and Adjusted EBITDA* of $16M+Subscribers and ad-supported users exceeded 1.45MExtinguished $7M+ of liabilities, including paying off $4.1M of East West Bank credit lineExtended $5M payables to long-term liabilitiesExpanded restructuring efforts, cutting $40M in annualized costs since December 2024Acquired 1.47M PodcastOne (Nasdaq: PODC) shares at average price of $2.22 since March 2024, including 550K shares in Q4 Fiscal 2025 LOS ANGELES, April 07, 2025 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform, announced today preliminary financial results for its fiscal year ended March 31, 2025 (“Fiscal 2025”) and updates to certain of its other metrics. Robert Ellin, CEO of LiveOne, commented, "I'm proud of my team for surviving and thriving amidst the Tesla deal's changes. We've delivered outstanding results: 50%+ car conversions5+ B2B deals generating $44M in new revenueMultiple additiona Show less Read more
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