- LiveOne reported its fiscal 2027 first-quarter financial results, posting consolidated revenue of $19.4 million and an adjusted EBITDA of $4.3 million.
- The audio division and the PodcastOne segment achieved record revenues of $18.6 million and $16.1 million, respectively, while the company reduced its total liabilities by $5.5 million and increased its cash position to $8.6 million.
- Management highlighted ongoing expansions in B2B and distribution partnerships, including agreements with major retailers and Netflix, alongside strategic plans to pursue AI content licensing and M&A opportunities.
- LiveOne reported fiscal Q1 2027 consolidated revenue of $19.4 million and adjusted EBITDA of $4.3 million.
- PodcastOne achieved record revenue of $16.1 million, while the company eliminated $5 million in liabilities and increased cash by $3.3 million.
- Management targets an annual revenue run rate above $60 million for PodcastOne and projects total revenue to exceed $250 million within three years, supported by B2B distribution and AI content licensing.
