Liberty Live Holdings, Inc. LLYVK
In November 2024, the board of directors of Liberty Media Corporation ("Liberty Media") authorized Liberty Media management to pursue a plan to split-off the Liberty Live Group (the "Split-Off"), which was completed on December 15, 2025. Immediately prior to effecting the Split-Off, Liberty Media's subsidiary Quint, interests in certain private assets and $171.7 million of cash were reattributed from Liberty Media's Formula One Group to its Liberty Live Group in exchange for interests in certain other private assets. Liberty Media effected the Split-Off through the redemption of Liberty Media's Liberty Live common stock in exchange for Liberty Live Group common stock of a newly formed company called Liberty Live Holdings, Inc. ("Liberty Live" or the "Company"). Liberty Media redeemed each outstanding share of its Series A, Series B and Series C Liberty Live common stock for one share of the corresponding series of Liberty Live Group common stock of Liberty Live.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Other countries
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $336.0M | $304.1M |
| Other countries | $46.0M | $36.4M |
As the company reported it, from the “Information About Liberty Live's Operating Segments - Revenue by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $382.0M | $340.5M | — |
| Cost of revenue | $308.4M | $286.1M | — |
| Gross profit | $73.5M | $54.4M | — |
| Total operating expenses | $433.7M | $456.8M | — |
| Operating income | -$51.7M | -$116.3M | — |
| Interest expense | $29.5M | $29.1M | — |
| Pre-tax income | -$100.2M | -$144.1M | — |
| Income tax | $13.1M | $30.0M | — |
| Net income | -$87.0M | -$112.8M | — |
| Shares, diluted (wtd. avg.) | 92.5M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $545.5M | $402.6M | — |
| Total current assets | $629.5M | $472.4M | — |
| Goodwill | $127.4M | $125.5M | — |
| Other intangibles | $118.6M | $141.8M | — |
| Total assets | $1.89B | $1.59B | — |
| Accounts payable | $11.5M | $16.3M | — |
| Short-term debt | $1.67B | — | — |
| Total current liabilities | $1.90B | $187.5M | — |
| Long-term debt | $1.67B | $1.56B | — |
| Total liabilities | $1.92B | $1.76B | — |
| Retained earnings | -$437.1M | -$370.0M | — |
| Total equity | -$49.1M | -$199.2M | -$224.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$29.5M | -$25.2M | — |
| Depreciation and amortisation | $26.1M | $27.4M | — |
| Stock-based compensation | $5.5M | $11.0M | — |
| Investing cash flow | -$3.5M | -$97.5M | — |
| Financing cash flow | $167.8M | $227.8M | — |
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 0001104659-26-020657.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | — | $340.5M | $382.0M |
| Gross profit | — | $54.4M | $73.5M |
| Net income | — | -$112.8M | -$87.0M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Regulation FD disclosure Item 7.01
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Material agreement signed Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 7900
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|---|---|---|---|---|
| LYV | Live Nation Entertainment, Inc. | $40.87B | — | 8.8% |
| TKO | TKO Group Holdings, Inc. | $12.95B | 76.6x | -3.1% |
| SPHR | Sphere Entertainment Co. | $3.94B | 147.2x | 19.0% |
| BATRK | Atlanta Braves Holdings, Inc. | $3.18B | — | 10.5% |
| ACEL | Accel Entertainment, Inc. | $893.1M | 18.3x | 8.1% |
| FUN | Six Flags Entertainment Corporation/NEW | $692.7M | — | 14.4% |
| RSVR | Reservoir Media, Inc. | $631.0M | 73.6x | 10.7% |
| LUCK | Lucky Strike Entertainment Corp | $571.1M | — | 3.7% |