कंपनी का अवलोकन
LiveOne, Inc. is a digital media organization focused on the acquisition, distribution, and monetization of live music events, internet radio, podcasting, vodcasting, and music-related membership services. The company operates within the Communication Services sector, specifically the Entertainment industry, positioning it as a key player in the evolving digital content landscape. As of the latest available data, LiveOne, Inc. holds a market capitalization of $54.52M and generates annual revenue of $77.51M through its operations supported by a workforce of 113 employees. These valuation and revenue figures indicate that the company functions as a mid-sized entity within its niche, reflecting a modest scale relative to larger conglomerates in the broader entertainment sector. The negative market cap implications derived from financial distress metrics suggest the market is pricing in significant operational challenges rather than traditional growth stability.
वित्तीय स्वास्थ्य
The company reports a Trailing Twelve Months (TTM) revenue of $77.51M, yet it posted a net income of -$24,683,000 and an EBITDA of -$11,425,000, revealing a substantial gap where operating costs significantly erode top-line earnings. This wide disparity between revenue and net income highlights a fragile cost structure where expenses, likely driven by content licensing and technology infrastructure, exceed gross profits. Free cash flow stands at -$7,925,500, indicating that the company is consuming cash to fund its operations and strategic initiatives rather than generating liquidity for shareholders or debt repayment. Such negative cash flow limits financial flexibility, requiring the firm to rely on existing cash reserves or external financing to sustain daily activities. The gross margin is reported at 26.7%, which suggests moderate efficiency in production costs, while the operating margin of -9.6% and profit margin of -30.5% confirm that operating expenses and other costs are disproportionately high relative to sales. The balance sheet shows cash holdings of $8.62M against total debt of $15.44M, illustrating a leveraged position where liabilities exceed liquid assets. Although the debt-to-equity ratio is not explicitly calculable due to data availability constraints, the current ratio of 0.54 indicates that current assets are insufficient to cover current liabilities, signaling potential short-term liquidity stress. Return on Assets is -15.7%, demonstrating that the company's asset base is generating negative returns, while Return on Equity is not available (N/A) due to the negative equity position, further reflecting the challenges in management effectiveness under current financial conditions.
मूल्यांकन आकलन
Valuation metrics for LiveOne, Inc. present a complex picture, with a Trailing P/E Ratio (TTM) marked as N/A due to negative earnings, and a Forward P/E of -93.60, which implies that the market expects earnings to remain negative or for a significant turnaround to occur before positive multiples can be established. The price-to-book ratio is listed at -2.01, indicating that the market value of the company is substantially below its book value, a situation often associated with distressed assets or severe operational underperformance. Alternatively, the price-to-sales ratio of 0.70 and EV/EBITDA of -6.82 suggest that the stock is trading at a discount relative to sales revenue but still reflects underlying financial struggles given the negative earnings multiple. The stock price has fluctuated between a 52-week high of $9.80 and a 52-week low of $3.70, with the current trading price situated in a range that reflects high uncertainty and volatility typical of loss-making entertainment firms. The beta value of 1.63 indicates that the stock's price volatility is significantly higher than the broader market, suggesting that investors face elevated risk when holding this security. These metrics collectively suggest that the market is pricing in substantial downside risk while awaiting a potential stabilization in earnings performance.
Growth & Income
LiveOne, Inc. experienced a revenue decline of -31.2% year-over-year, while earnings growth is not available (N/A) due to the company's loss-making status, implying that the reduction in top-line revenue has directly impacted profitability without the potential for earnings to grow faster than sales at this stage. The company does not pay a dividend, as evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning that all available cash is retained to support operations or reduce debt rather than being distributed to shareholders. This reinvestment strategy is typical for companies in distress that prioritize survival and operational restructuring over income generation for investors. The overall growth and income profile for LiveOne, Inc. is characterized by contraction in revenue, negative earnings, and an absence of dividend income, reflecting a challenging period for the digital media company.