Filing Flows › Live Ventures (LIVE) › Q4 FY24
Live Ventures (LIVE) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Dec 19, 2024
Live Ventures (LIVE) reported revenue of $113M for the fourth quarter fiscal 2024 (Q4 FY24), +9% from a year earlier and -9% from the quarter before. Operating margin was -15.5%, net loss $19.9M (17.6% of revenue).
Live Ventures, Q4 FY24: revenue $113M (+9% year over year), operating margin -15.5%, net loss $19.9M, operating cash flow $6.7M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $113M | -9% | +9% |
| Operating profit | −$17.5M | — | — |
| Net earnings | −$19.9M | — | — |
| Operating cash flow | $6.7M | -43% | — |
| Free cash flow | $3.3M | -68% | — |
What changed
Revenue was $112.7M in Q4 FY24, up 9% year over year and down 9% from the previous quarter. Retail-Flooring was the largest line at 30% of revenue.
Gross margin was 31.9%, up 3.1 points from a year earlier. Operating costs exceeded revenue by $17.5M, an operating margin of -15.5%. Operating expenses grew 81% against revenue growth of 9%. The fastest-growing cost line was Sales & marketing (+52%). The quarter ended with a net loss of $19.9M, wider than the previous quarter's $2.9M loss.
Operating cash flow was $6.7M. Non-cash charges added back $4.4M of depreciation and amortization and $51K of share-based compensation. Working capital and other items added $22.2M. Capital expenditures of $3.5M left free cash flow of $3.3M.
Questions
What was Live Ventures' revenue in the fourth quarter fiscal 2024?
Live Ventures (LIVE) reported revenue of $113M for the fourth quarter fiscal 2024 (Q4 FY24), +9% from a year earlier and -9% from the quarter before.
Was Live Ventures profitable in the fourth quarter fiscal 2024?
Operating loss was $17.5M (-15.5% of revenue) and net loss $19.9M.
Source: Live Ventures 10-K on SEC EDGAR.