LiveOne, Inc.: Investment Report

Overview

LiveOne, Inc. is a digital media company that operates in the entertainment industry, providing a platform for live music, internet radio, podcasting, and music-related streaming and video content. With a market capitalization of $136.94 million and a current stock price of $1.44, LiveOne, Inc. has been making headlines with its recent partnerships and deals. This report provides an in-depth analysis of the company's financial performance, growth prospects, and recent news, making it an essential read for investors considering adding LVO to their portfolio.

Core Metrics

• Current price: $1.44
• 52-week high: $2.19
• 52-week low: $0.84
• Market Cap: $136.94 billion
• P/E Ratio: N/A
• Earnings per Share: -$0.14
• 50-day average: $1.7445
• 200-day average: $1.449245
• Analyst Recommendations: Buy (4 analysts)

Financial Performance

LiveOne, Inc. has reported revenue growth of 20.9% and gross margins of 27.06%. The company's EBITDA margins stand at 0.285%. Although the company is currently operating at a loss, its revenue growth and increasing gross margins indicate a promising financial performance.

Growth Prospects

LiveOne, Inc.'s recent partnerships, such as the deal with Seekr to launch an AI-powered search platform for beats and sounds, demonstrate the company's commitment to innovation and expansion. The company's growth prospects are further enhanced by its increasing presence in the podcasting industry, with its subsidiary, PodcastOne, signing multi-year deals with popular hosts.

News and Updates

Recently, LiveOne, Inc. announced a partnership with Seekr to launch an AI-powered search platform for beats and sounds, which is expected to revolutionize the music industry. Additionally, PodcastOne, a subsidiary of LiveOne, Inc., has signed a multi-year deal with fitness star Kendall Toole and HBO MAX host Galey Alix for their podcast, Wholeheartedly. These developments demonstrate the company's commitment to growth and innovation.

Upgrades and Downgrades

Litchfield Hills initiated coverage on LiveOne, Inc. with a Buy rating in April 2024. Roth MKM reiterated its Buy rating on the company in September 2023. HC Wainwright & Co. also reiterated its Buy rating on LiveOne, Inc. in February 2023.

Summary

In conclusion, LiveOne, Inc. presents an attractive investment opportunity with its growing presence in the entertainment industry, innovative partnerships, and increasing revenue. Although the company is currently operating at a loss, its revenue growth and improving gross margins indicate a promising financial performance. With a Buy rating from four analysts, LiveOne, Inc. is an investment worth considering for investors looking to tap into the growing digital media industry.

Disclosures

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