Filing Flows › LiveOne (LVO) › Q3 FY25
LiveOne (LVO) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 14, 2025
LiveOne (LVO) reported revenue of $29.4M for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and -10% from the quarter before. Operating margin was -17.4%, net loss $5.6M (19.1% of revenue).
LiveOne, Q3 FY25: revenue $29.4M (-6% year over year), operating margin -17.4%, net loss $5.6M, operating cash flow $3.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.4M | -10% | -6% |
| Operating profit | −$5.1M | — | — |
| Net earnings | −$5.6M | — | — |
| Operating cash flow | $3.5M | -39% | -8% |
| Free cash flow | $2.7M | -48% | -10% |
What changed
Revenue was $29.4M in Q3 FY25, down 6% year over year and down 10% from the previous quarter. Membership Services was the largest line at 49% of revenue. Membership Services lost $2.6M year over year (down 15%), 143% of the total change.
Operating costs exceeded revenue by $5.1M, an operating margin of -17.4%. Total costs grew 8% against a revenue fall of 6%. The fastest-growing cost line was Other operating costs (+545%). The quarter ended with a net loss of $5.6M, wider than the previous quarter's $2.3M loss. Minority interests bore $405K of it: to shareholders the quarter was a loss of $5.2M.
Operating cash flow was $3.5M (down 8% year over year). Non-cash charges added back $1.2M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $6.7M. Capital expenditures of $803K left free cash flow of $2.7M.
Questions
What was LiveOne's revenue in the third quarter fiscal 2025?
LiveOne (LVO) reported revenue of $29.4M for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and -10% from the quarter before.
Was LiveOne profitable in the third quarter fiscal 2025?
Operating loss was $5.1M (-17.4% of revenue) and net loss $5.6M.
Source: LiveOne 10-Q on SEC EDGAR.