The flat revenue and in-line GAAP loss provide no catalyst for re-rating. The Adjusted EBITDA beat is a non-GAAP construct that does not offset the 37% share dilution or the $53.8M liability overhang. Monitor the next 10-Q for cash burn rate and any further going-concern disclosures; the stock remains a show-me story with limited near-term upside.
Price Chart
Executive Summary
LiveOne reported Q1 Fiscal 2027 revenue of $19.35M, essentially flat year-over-year ($19.21M), and a GAAP net loss of -$0.23 per share, which matched consensus estimates. The headline improvement to positive Adjusted EBITDA of $4.3M (from -$1.8M a year ago) is a non-GAAP metric driven by cost cuts and stock-based compensation add-backs, while the core GAAP operating loss of -$3.7M and minimal revenue growth signal no fundamental business acceleration. The stock's $63M market cap, history of going-concern warnings, and a recent dilutive stock-for-services filing (424B5) keep the risk-reward unfavorable for common equity holders despite the EBITDA narrative.
Key Financial Metrics
Key Facts
- Revenue $19.35M vs $19.21M YoY — essentially flat (+0.7%)
- GAAP net loss per share -$0.23, in line with consensus of -$0.23
- Adjusted EBITDA swung to +$4.3M from -$1.8M YoY, a non-GAAP metric heavily inflated by $6.2M in stock-based compensation add-backs
- Operating loss improved only marginally to -$3.7M from -$4.0M YoY
- Cash increased $3.3M to $8.6M, but total liabilities remain $53.8M vs equity deficit of -$5.0M
- Weighted average shares outstanding rose 37% YoY to 13.3M from 9.7M, diluting existing holders
Financial Impact
No material change in revenue trajectory; GAAP net loss unchanged at -$0.23/share; non-GAAP EBITDA improvement is largely non-cash and non-recurring
Risk Factors
- Going-concern risk reiterated in prior filings; $53.8M total liabilities vs $48.7M total assets
- 37% year-over-year share dilution from stock-for-services and convertible note conversions
- Nasdaq compliance challenges and history of dilutive capital raises (424B5 filed 13 days ago)
- Revenue growth stalled at ~0.7% YoY; no guidance provided for future quarters
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3343759 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | Press Release | $3.32 $2.58 | ▼ −22.29% | ▼ −22.14% | $2.63 (−20.78%) |
Aug 12, 2026 7w ago | Press Release | $4.03 $3.94 | ▲ +2.23% | ▲ +0.34% | $2.63 (+34.74%) |
Aug 12, 2026 7w ago | 8-K | $4.03 $3.94 | ▼ −2.23% | ▼ −0.34% | $2.63 (−34.74%) |
Aug 4, 2026 8w ago | Press Release | $4.15 $3.32 | ▼ −20.00% | ▼ −19.40% | $2.63 (−36.63%) |
Jul 30, 2026 9w ago | 424B5 | $4.52 $3.96 | ▼ −12.39% | ▼ −16.35% | $2.63 (−41.81%) |
Jul 28, 2026 9w ago | DEFA14A | $4.39 $3.80 | ▼ −13.44% | ▼ −18.46% | $2.63 (−40.09%) |
Jun 3, 2026 17w ago | Press Release | $6.27 $5.66 | ▼ −9.73% | ▼ −8.73% | $2.63 (−58.05%) |
May 18, 2026 19w ago | Press Release | $6.22 $6.28 | ▲ +0.96% | ▼ −0.62% | $2.63 (−57.72%) |
May 11, 2026 20w ago | Press Release | $5.04 $6.14 | ▲ +21.83% | ▲ +22.13% | $2.63 (−47.82%) |
May 1, 2026 22w ago | 8-K | $5.18 $6.67 | ▲ +28.76% | ▲ +23.12% | $2.63 (−49.23%) |
US Market Status
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