Liveone affirms record revenue of at least $112 million for fy 2022
March 31, 2022 ended with total members reaching a record 2.23 million** 1.48 million** total paid members 750,000 total free members liveone maintains guidance to achieve positive adjusted ebitda* in q1 fy 2023 ending june 30, 2022; maintains revenue guidance for fy 2023 of between $125 - $140 million and adjusted ebitda* between $4 million - $8 million liveone added a record of over 52k new paid members in march 2022 through conversion from free members, live events, merchandise purchases, ticket buyers & expansion into connected vehicles fy 2022 had over 300 sponsors for liveone's content & events liveone's spring awakening music festival 10th anniversary tickets presale sold out liveone's wholly-owned podcastone ranked #8 by podtrac in february 2022 social media engagement across all liveone platforms soared over 154% tesla added a record number of liveone memberships during q4 fy 2022 los angeles , april 5, 2022 /prnewswire/ -- liveone (nasdaq: lvo), a creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events, announced today its largest month of paid membership growth as over 52,000 new paid members were added in march 2022. this record monthly membership growth was driven by the expansion into connected vehicles, conversion of free members from live events, merchandise purchases, ticket buyers and general marketing campaigns.
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