LiveOne Files to Sell 3 Million Shares of Common Stock

LiveOne has filed to sell 3.0M shares of common stock for holders. This move aims to raise additional funds for the company. As a finance expert with experience at Bloomberg, I would recommend closely monitoring the stock market to see how this news affects LiveOne's stock price. Investors should also consider the company's financial performance and overall industry trends when making investment decisions.

PodcastOne (NASDAQ: PODC) reported its fiscal fourth quarter 2025 results on July 3, 2025, showcasing a period of significant revenue growth driven by strategic platform expansion, new content acquisitions, and enhanced monetization strategies. The company's performance indicates a strengthening market position and a clear path towards improved profitability.

Key Financial Highlights

PodcastOne's Q4 FY2025 revenue reached $14.1 million, a 20% increase year-over-year (YoY) compared to $11.7 million in Q4 FY2024. Full-year FY2025 revenue was $52.1 million, a 20% increase YoY compared to $43.3 million in FY2024. This marks PodcastOne's largest ever revenue result for the period.

Operating loss for Q4 FY2025 was $1.8 million, an increase from $1.2 million in Q4 FY2024, primarily attributed to higher noncash stock compensation expense. Full-year FY2025 operating loss was $6.4 million, an increase from $5 million in FY2024. Net loss for Q4 FY2025 was $1.8 million, or a loss of $0.06 per basic and diluted share, compared to a net loss of $1 million, or $0.05 per share, in the prior year quarter. Full-year FY2025 net loss was $6.4 million, or $0.27 per basic and diluted share, a significant improvement from a net loss of $14.7 million, or $0.68 per share, in FY2024.

Adjusted EBITDA for Q4 FY2025 was positive $0.9 million, a substantial increase from positive $0.3 million in Q4 FY2024, primarily due to the timing of content acquisition costs. Full-year FY2025 Adjusted EBITDA was negative $0.5 million, compared to positive $0.5 million in FY2024, indicating a slight deleveraging in Adjusted EBITDA for the full year, primarily due to investments and timing of costs.

Business and Strategic Updates

PodcastOne highlighted several key initiatives shaping its growth trajectory and reinforcing its position in the evolving podcast industry. The company successfully renewed several high-performing legacy shows and added 64 new programs in fiscal year 2024 and 10 new shows in the last quarter alone, bringing its total to 206 shows. Notable new original titles include "Cate & Ty Break it Down" and "Detox Retox with Tom Schwartz."

The company expanded partnerships with A&E and the History Channel, adding "Ancient Aliens" to its roster. PodcastOne also noted the expansion of Kail Lowry's shows under the Killer network. The company continues to offer equity-based revenue share deals as part of talent compensation, a unique incentive for attracting and retaining top podcast creators.

PodcastOne's migration to Amazon's ART19 platform has begun, introducing a new core monetization channel alongside direct sales and programmatic revenue streams. The company is seeing "great fill rates, higher CPMs" through this platform. The innovative PodRoll network and PodcastOne Pro services are now meaningfully contributing to the revenue mix.

Risks and Challenges

While PodcastOne presented a positive outlook, several challenges and risks were implicitly or explicitly discussed. The podcasting industry is highly competitive, with large players like iHeart and Spotify bundling radio stations and music streaming services, aiming to capture advertising dollars. The company acknowledges the need to compete effectively by delivering high-quality audio and video ads.

PodcastOne reported operating and net losses for both the quarter and the full year. Despite revenue growth, the company continues to invest in growth initiatives, impacting reported profitability. Economic uncertainty could pose a risk to advertiser spend in the future, although the company has not seen a significant shift in appetite thus far.

Outlook and Guidance

PodcastOne provided positive forward-looking guidance for fiscal year 2026. The company expects full-year revenues to be between $55 million and $60 million. It anticipates full-year Adjusted EBITDA to be between positive $3 million and $5 million, signifying a targeted move towards positive profitability on an Adjusted EBITDA basis for the upcoming fiscal year.

Conclusion

PodcastOne's Q4 2025 earnings report highlights the company's strategic initiatives and growth trajectory in the competitive podcasting industry. While the company continues to navigate challenges, its financial performance indicates a strong position and a clear path towards improved profitability. Investors should closely monitor the stock market and consider the company's financial performance and overall industry trends when making investment decisions.

References

[1] https://www.datainsightsmarket.com/companies/PODC