LiveOne, Inc. (LVO)

From the record

LiveOne, Inc.'s filings since 2017 show 16 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2025-10-01); an auditor change (8-K item 4.01, 3 times, the latest 2022-07-29); a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2025-07-01) (its current reports).

From the record

LiveOne, Inc.'s 10 filed years say what it did: revenue went from $225 thousand in fiscal 2017 to $77 million in fiscal 2026, up 91.3% a year; it rose in 6 of 9 years; the deepest fall was 35% from fiscal 2024 to fiscal 2026; net income was positive in 0 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-03-31, LiveOne, Inc.'s diluted share count shrank about 49.4% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-03-31, LiveOne, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 26 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 144 cents per dollar of assets, and net share issuance: its share count grew 15.6% over the year (the filed statements).

From the record

LiveOne, Inc.'s standing among 43 graded names in its industry family: revenue of $77 million in fiscal 2026 ranks in the bottom 9% by size; a net margin of -27.2% ranks in the bottom 8%; revenue growth of -8.2% a year over the last 3 filed years ranks in the bottom 1% (its annual reports).

From the record

LiveOne, Inc.'s leadership, from its insiders' filings and its current reports: no one files under a chief executive's title, so that part is not read; the 7 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 16%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 5%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

LiveOne, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $5 million against no long-term debt tagged leaves 11.4% of its assets as net cash, top 11% of its family; cash from operations less capital spending is -17.8% of revenue (bottom 4%); a gross margin of 15.9% (bottom 3%); research spending of 3.1% of revenue (top 12%) (its annual report).

From the record

LiveOne, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -8.2% a year over the last three filed years against 91.3% over all 10, slowing (bottom 1% of its family); the newest year grew -32.6% (bottom 1%); research spending grew -22.4% a year (bottom 10%); capital spending grew 9.2% a year (top 42%) (its annual reports). LiveOne, Inc. reported 3 lines of business in fiscal 2025: Slacker at $57 million, Podcastone at $52 million, Media Operations at $5 million. 1 of 3 grew in the latest filed year, and the largest line is 50% of revenue (its annual report).

From the record

LiveOne, Inc.'s newest year against its own record: revenue of $77 million in fiscal 2026 came in 37.1% below the $123 million its prior three years' pace pointed to (bottom 1% of its family); net income of $21 million against a prior three-year average of $14 million (bottom 37%); a net margin of -27.2% against -12.2% before (bottom 4%) (its annual reports).