LiveOne Updates 2027 Guidance to $82M–$90M Revenue, $5M–$10M EBITDA and Converts $15M Payables
LVO•LiveOne updated fiscal 2027 guidance to $82M–$90M revenue and $5M–$10M adjusted EBITDA, converted $15M payables at $7.50 per share and left $5M in share repurchase program. It secured multi-year extensions with ASCAP, BMI, Merlin and Warner Music and expects a $3.5M revenue and $600K cash boost from a subsidiary restructure.
1. Correction of Fiscal Year Reference
On April 30, LiveOne corrected its prior release by confirming that all references to fiscal 2026 guidance should have been to fiscal 2027 after an earlier mislabeling.
2. Revised Fiscal 2027 Guidance
The company now expects fiscal 2027 revenue of $82M–$90M and adjusted EBITDA of $5M–$10M (excluding corporate overhead) for the year ending March 31, 2027.
3. Balance Sheet Strengthening
LiveOne completed conversions of over $15M in payables into common stock at $7.50 per share and retains $5M remaining under its ongoing share repurchase program.
4. Strategic Partnerships and Subsidiary Performance
The firm secured multi-year extensions with ASCAP, BMI, Merlin and Warner Music, and its subsidiary restructure is projected to contribute $3.5M in revenue and $600K in cash flow for fiscal 2027.
