LiveOne (Nasdaq: LVO) Releases Preliminary H1 Fiscal 2027 Results: $37.3 Million in Revenue and Record Audio Adjusted EBITDA* of $7.8 Million, Up 619% Year-Over-Year (Form 8-K)

LiveOne (Nasdaq: LVO) Releases Preliminary H1 Fiscal 2027 Results: $37.3 Million in Revenue and Record Audio Adjusted EBITDA* of $7.8 Million, Up 619% Year-Over-Year

LOS ANGELES, CA, Nov. 10, 2026 - LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced certain preliminary financial results for its second quarter ("Q2 Fiscal 2027") and six months ended September 30, 2026 ("H1 Fiscal 2027"), the first half of its fiscal year ending March 31, 2027 ("Fiscal 2027").

LiveOne announced preliminary H1 Fiscal 2027 revenue of $37.3 million and record Audio Adjusted EBITDA* of $7.8 million, up 619% from $1.1 million a year earlier. Preliminary H1 Fiscal 2027 consolidated Adjusted EBITDA* was $3.6 million, a $6.4 million improvement from a year earlier.

Preliminary Q2 Fiscal 2027 Audio Adjusted EBITDA* was $1.5 million, up 113% from $0.7 million a year earlier. The preliminary Q2 Fiscal 2027 consolidated Adjusted EBITDA* loss was $0.7 million, a 30% improvement from a loss of $1.0 million a year earlier.

LiveOne revised its Fiscal 2027 and Fiscal 2028 guidance to reflect updated launch timelines from its B2B partners. LiveOne now expects revenue of $70 million to $75 million and Adjusted EBITDA* of $10 million or more for its Fiscal 2027. LiveOne issued its first Fiscal 2028 revenue guidance of $100 million or more as it anticipates launching the largest partnership in its history.

The select preliminary estimated financial results discussed in this press release are based on management's preliminary unaudited analysis of financial results for Q2 Fiscal 2027. As of the date of this press release, LiveOne has not completed its financial statement reporting process for Q2 Fiscal 2027, and LiveOne's independent registered accounting firm has not audited or reviewed the preliminary financial results discussed in this press release. During LiveOne's fiscal quarter-end closing procedures and review process, LiveOne may identify items that would require it to make adjustments, which may be material, to the information presented above. LiveOne's estimated preliminary unaudited financial results and its guidance for its Fiscal 2027 and Fiscal 2028 contained in this release are based only on currently available information as of the date hereof. As a result, the estimates above constitute forward-looking information and are subject to risks and uncertainties, including possible adjustments to preliminary financial results, and are not guarantees of future performance and may differ from actual results. In addition, certain statements set forth in such press release are forward-looking statements. See "Risk Factors," "Forward-Looking Statements" and the Company's financial statements and related notes included in its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other reports filed with the U.S. Securities and Exchange Commission for additional information regarding factors that could result in differences between the preliminary estimated financial results that are presented in this press release and the actual financial results LiveOne will report.

About LiveOne

Headquartered in Los Angeles, CA, LiveOne (Nasdaq: LVO) is an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide and live and virtual events. LiveOne's subsidiaries include Slacker, PodcastOne (Nasdaq: PODC), PPVOne, Custom Personalization Solutions, LiveXLive and DayOne Music Publishing. LiveOne is available on iOS, Android, Roku, Apple TV, Spotify, Samsung, Amazon Fire, Android TV, and through STIRR's OTT applications. For more information, visit liveone.com and follow us on Facebook, Instagram, TikTok, YouTube and Twitter at @liveone. For more investor information, please visit ir.liveone.com.