LIVE VENTURES Inc LIVE
The "Company," "Live Ventures", "Live", "we," "our," and "us" are used interchangeably to refer to Live Ventures Incorporated and its subsidiaries, as appropriate in the context.
Live Ventures Incorporated (Nasdaq: LIVE) is a diversified holding company with a strategic focus on value-oriented acquisitions of domestic middle-market companies. Live Ventures' acquisition strategy is industry agnostic and focuses on well-run, closely held businesses with a demonstrated track record of earnings growth and cash flow generation. The Company looks for opportunities to partner with management to build increased stockholder value through a disciplined buy-build-hold, long-term focused strategy. Live Ventures was founded in 1968 and later refocused under our Chief Executive Officer and strategic investor, Jon Isaac. The Company's current portfolio of diversified operating subsidiaries includes companies in the textile, flooring, tools, steel, and entertainment industries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $444.9M | $472.8M | $355.2M | $286.9M | $273.0M | $191.7M | $193.3M | $199.6M | $152.1M | $79.0M |
| Cost of revenue | $299.3M | $328.0M | $239.6M | $189.1M | $173.5M | $116.4M | $122.4M | $125.4M | $89.5M | $59.0M |
| Gross profit | $145.7M | $144.8M | $115.6M | $97.8M | $99.5M | $75.3M | $70.9M | $74.2M | $62.6M | $20.0M |
| SG&A | $113.7M | $118.0M | $86.7M | $54.5M | $52.2M | $43.6M | $52.8M | $49.3M | $36.2M | $8.5M |
| Total operating expenses | $131.1M | $158.5M | $100.1M | $71.9M | $63.7M | $54.9M | $67.6M | $63.4M | $44.5M | $17.7M |
| Operating income | $14.6M | -$13.6M | $15.4M | $25.9M | $35.8M | $20.4M | $3.3M | $10.8M | $18.1M | $2.3M |
| Interest expense | $15.6M | $16.8M | $12.7M | $4.2M | — | — | — | — | — | — |
| Pre-tax income | $28.4M | -$31.3M | $1.5M | $31.6M | $39.7M | $15.6M | -$5.6M | $10.3M | $10.6M | $2.4M |
| Income tax | $5.7M | $4.7M | $1.6M | $6.9M | $8.7M | $5.0M | $1.6M | $4.4M | $4.1M | $15.6M |
| Net income | $22.7M | -$26.7M | -$102.0K | $24.7M | $31.2M | $10.9M | -$4.0M | $5.9M | $6.5M | $17.8M |
| EPS, basic | 7.35 | -8.48 | -0.03 | 7.94 | 19.92 | 6.40 | -2.11 | 3.01 | 2.94 | 6.33 |
| EPS, diluted | 4.93 | -8.48 | -0.03 | 7.84 | 9.80 | 3.09 | -2.11 | 1.58 | 1.61 | 5.40 |
| Shares, diluted (wtd. avg.) | $4.6M | $3.1M | $3.1M | $3.2M | $3.2M | $3.5M | $1.9M | $3.7M | $4.0M | $3.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $8.8M | $4.6M | $4.3M | $4.6M | — | — | — | $2.0M | $4.0M | $770.9K |
| Receivables | $39.9M | $46.9M | $41.2M | $25.7M | $21.6M | $20.1M | $11.9M | $13.3M | $10.6M | $7.6M |
| Inventory | $120.7M | $126.3M | $131.3M | $97.7M | $70.7M | $64.5M | $39.2M | $46.4M | $34.5M | $11.1M |
| Total current assets | $173.1M | $181.9M | $182.9M | $134.8M | $98.8M | $95.9M | $55.8M | $66.0M | $55.5M | $25.2M |
| Property, plant and equipment | — | — | — | $64.6M | $35.6M | $31.7M | $22.6M | $28.0M | $22.8M | $14.0M |
| Goodwill | $61.2M | $61.2M | $75.9M | $41.1M | $41.5M | $37.8M | $36.9M | $36.9M | $36.9M | $0 |
| Other intangibles | $20.1M | $25.1M | $26.6M | $3.8M | $4.7M | $1.1M | $2.2M | $6.7M | $4.2M | $1.7M |
| Total assets | $386.4M | $407.5M | $421.8M | $278.6M | $211.7M | $197.3M | $122.5M | $141.1M | $128.6M | $53.5M |
| Accounts payable | $27.4M | $31.0M | $27.2M | $10.9M | $10.6M | $9.1M | $14.1M | $14.6M | $8.2M | $5.4M |
| Short-term debt | — | — | — | $18.9M | $16.1M | $12.0M | $7.9M | $14.0M | $48.9M | $2.0M |
| Total current liabilities | $111.0M | $129.7M | $97.8M | $56.4M | $65.0M | $57.4M | $35.0M | $37.5M | $66.4M | $13.8M |
| Long-term debt | — | — | — | $62.7M | $37.6M | $63.4M | $47.8M | $58.8M | $26.6M | $13.5M |
| Total liabilities | $291.1M | $334.7M | $321.7M | $181.5M | $136.7M | $153.6M | $88.3M | $102.3M | $95.0M | $29.3M |
| Retained earnings | $29.1M | $12.3M | $39.0M | $39.5M | $14.8M | -$16.4M | -$27.4M | -$23.3M | -$28.6M | -$35.1M |
| Total equity | $95.3M | $72.9M | $100.1M | $97.2M | $75.1M | $43.7M | $34.1M | $38.8M | $32.9M | $24.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $28.7M | $20.6M | $26.0M | $6.4M | $29.2M | $28.8M | $19.1M | $11.8M | $7.9M | $7.9M |
| Depreciation and amortisation | $12.3M | $12.3M | $10.9M | $6.2M | $6.3M | $5.1M | $4.1M | $4.6M | $4.1M | $2.9M |
| Stock-based compensation | $200.0K | $325.0K | $446.0K | $37.0K | $489.0K | $86.0K | $142.0K | $497.0K | $203.7K | $256.1K |
| Capital expenditure | $7.7M | $8.5M | $10.0M | $12.1M | $10.8M | $3.9M | $2.4M | $8.7M | $6.4M | $3.2M |
| Investing cash flow | -$7.7M | -$21.5M | -$63.9M | -$40.0M | -$17.4M | -$8.8M | $100.0K | -$9.4M | -$53.7M | -$2.5M |
| Financing cash flow | -$16.7M | $1.2M | $37.6M | $33.6M | -$16.1M | -$13.7M | -$19.2M | -$4.4M | $49.1M | -$7.3M |
| Dividends paid | — | — | — | — | — | — | — | $0 | $959 | $1.9K |
| Buybacks | $528.0K | $866.0K | $991.0K | $2.7M | $421.0K | $1.7M | $888.0K | $550.0K | $699.6K | $300.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-018023.
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