LiveOne, Inc. (NASDAQ: LVO) is an award-wining, creator-first, music entertainment and technology platform focusedon delivering premium experiences and content worldwide through memberships and live and virtual events.

LIVEONE, INC. (NASDAQ: LVO)

  • Recent Share Price: $.71 (as of 1/09/2023)
  • 52-WeekRange: $.48 - $1.43
  • Shares Outstanding: 87.5 million
  • Market Capitalization: $62 million
  • Cash: Approx. $8.4 million (as of 1/5/2023)

FINANCIAL HIGHLIGHTS

  • LiveOne recently reported first 6 mos. Fiscal 2023 ended 9/30/22 revenue of $46.8 million with record Adjusted EBITDA* of $6.4 million
  • Company full-year Fiscal 2023 Adjusted EBITDA* guidance of $9.5 million to $12 million and revenue guidance of between $100 million - $110 million
  • LiveOne expects recent cost reductions of business units from both operations and corporate overhead to total over $30 million in FY 2023 ending 3/31/2023
  • LiveOne has repurchased approx. 2 million shares of common stock under its Stock Repurchase Program as of 8/11/2022 and has upped the program to buy up to an additional $2 million worth of common stock

FREEMIUM MEMBERSHIPS CONTENT PAIRED WITH DISTRIBUTION PLATFORM

  • Revenue model includes multiple monetization paths, including memberships, advertising, live events, sponsorship, PPV, merchandise sales, licensing, NFTs, and ticketing.
  • For the past 9 years, nearly all new Tesla EVs sold in the U.S. come with a paid membership to LiveOne's Slacker Radio which is paid by Tesla.
  • Since Jan. 2020, LiveOne livestreamed 155 events featuring 2,900+ artists generating content which has been has 4.7B+ audio listens.

LIVEONE, INC. REVENUE (FY ends March 31st)

2018 - $7.2M

2019

- $33.7M

LISTEN, WATCH, ATTEND,

2020

- $38.7M

ENGAGE AND TRANSACT

2021

- $65.2M

2022 - $117M

2023 - $100M - $110M (Company guidance)

LIVEONE'S MODEL ADDRESSES FIVE LARGE MARKET VERTICALS THROUGH ITS WHOLLY OWNED SUBSIDIARIES

  • As of 12/30/2022:
  • 2.7M+* Members
  • 1.9M Paid Members*
  • 800K Free Ad-supported Members
  • Membership Plans from $0 to

$9.99 per Month

  • 126 events and 1,781 artists livestreamedacrossthe LiveOne platform since 4/1/2021
  • 24-hourOTT streamingchannel now reaches over 294M people
  • Global music streaming revs forecast to hit $89 billion by 2030
  • Global TAM for music subscription expected to hit 1.2B in 2030
  • Global video streaming mkt. expected to be $80B by 2025
  • Podcast ad spend expected to hit $2B in 2022 and $4B in 2024
  • Global licensed merch market expected to be $400B by 2023
  • Global live streaming PPV mkt. expected to be $2.3B by 2027

*See the Company's earnings release for 2nd quarter Fiscal 2023 dated 11/10/2022 as well as Form 10-Q filed with SEC on 11/17/2022

  • PodcastOne is a leading advertiser-supported podcast company offering a 360-degree solution for both content creators and advertisers.
  • In July 2022, PodcastOne closed a $8.1 million financing at a $68 million valuation as part of LiveOne's intention to spin-out PodcastOne as a separate public company by the end of FY 2023.
  • LiveOne set a record date of 1/16/23 for a special dividend of 5-10% of PodcastOne's equity to the more than 15,000 LiveOne shareholders.

Adam Carolla

Kaitlyn Bristowe

Jordan Harbinger

LadyGang

  • PodcastOne now generates more than 2.3 billion downloads per year, has over 155 exclusive podcast shows and 14M+ monthly unique listeners.
  • PodcastOne posted record revenue of $17.2M in the first 6 mos. of FY 2023 and expects record revenue of $25 million in the first 9 mos. of FY2023.

PPVOne ("PPV")

Since launching its PPV platform in 2020, LiveOne has generated approx. $26.1 million of sales in live and pay-per-view related events.

Nelly

Pitbull

Social Gloves

Trace Adkins

  • LiveOne intends to spin-out its existing PPV business, PPVOne, as a separate public company and it plans to distribute a portion of the new company's equity to LiveOne's stockholders, anticipated to take place in FY 2024.

MANAGEMENT / BOARD

• Management and Board include executives from:

LINEAR AND OTT DISTRIBUTION

OTHER INFO

SPONSORSHIP / ADVERTISING

  • Over 300 sponsorship deals including Pepsi, McDonald's, KFC, Hyundai, Corona, Porsche, Chipotle, State Farm, J.M. Smucker, Kia, White Claw, Mike's Hard Lemonade, and Mentos Pure Fresh Gum, and through LiveOne's multi-year livestream partnership with iHeartRadio, Progressive Insurance, Capital One, Ally Financial, Goya, Country Crock, St. Jude and OGX.
  • In October 2022, LiveOne launched LiveOne Brands, announcing a new wine brand in partnership with R&B artist Jeremih and acclaimed winemaker Russell Bevan.
  • In April 2022, LiveOne partnered with Emmy-winning production company, Propagate Content, to launch a social media reality boxing competition series, "Ultimate Social Boxing".
  • LiveOne previously announced it has engaged J.P. Morgan to run a process to explore strategic alternatives in order to enhance shareholder value, including a strategic acquisition, divestiture, merger, sale or other form of business combination.
  • Analyst Coverage by Ladenburg, H.C. Wainwright, Spartan and Alliance Capital.
  • To listen to a replay of the Q2 Fiscal 2023 Financial Results & Business Update Webcast, Click Here
  • To view the most recent investor deck, Click Here

Email us for more information at ir@LiveOne.com• 269 South Beverly Drive, Suite 1450, Beverly Hills, CA 90212

This document and links herein contain "forward-looking statements"(FLS) within the meaning of the safe harbor provisions of the Private Securities LitigationReform Act of 1995. These FLS represent management's judgment and expectations, but actual results, events and performance could differ materially from those expressed or implied by these FLS. LiveOne's (LVO) business is subject to numerous risks and uncertainties as described in LVO's filings with the SEC available at https://www.sec.gov/, including LVO's most recent Quarterly Report on Form 10-Q. These materials do not constitute an offer or solicitation to buy or sell any securities of LVO. Information provided as of1/9/2023.

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Disclaimer

LiveOne Inc. published this content on 11 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 20:12:01 UTC.