Liveone's full year fiscal 2022 revenue surges 79% to a record of $117 million

Fourth quarter revenue was $23.4 million, up 11% year-over-year company expects revenue of approximately $23 million and adjusted ebitda* of between $0.5 million and $1 million in q1 fiscal 2023 ending june 30, 2022 company maintains guidance for fiscal 2023 of revenue between $125 million - $140 million and adjusted ebitda* of between $5 million - $10 million recent cost and expense reductions expected to increase to $23 million in fiscal 2023 liveone has extinguished approximately $5.5 million in payables and holds approximately $30 million in short-term assets in the current q1 fiscal 2023 los angeles , june 28, 2022 /prnewswire/ -- liveone (nasdaq: lvo), an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships, and live and virtual events, announced today operating results for its year end and fourth fiscal quarter ended march 31, 2022 ("q4 fiscal 2022"). for the fiscal year 2022 ("fiscal 2022") revenue increased 79% year-over-year to a record $117.0 million compared to $65.2 million in the prior year, while contribution margin* increased 48% to $24.0 million versus $16.2 million in the prior year.
LVO Ratings Summary
LVO Quant Ranking