• Completes $15M+ of Payables Conversion at $7.50/Share
  • LVO Continues Share Repurchase Program with $5M+ Remaining

LOS ANGELES, April 29, 2026 (GLOBE NEWSWIRE) -- LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, announced today updated revenue and Adjusted EBITDA* guidance for its fiscal year ended March 31, 2026 ("Fiscal 2026"), balance sheet improvements and expanded music partnerships.

LiveOne expects Fiscal 2026 revenue of $82M–$90M and Adjusted EBITDA* (excluding corporate overhead) of $5M–$10M. LiveOne also recently completed $15M+ of conversions of its payables into LiveOne's shares of common stock at a deemed issuance price of $7.50 per share, substantially strengthening its balance sheet.

LiveOne expects all of its key subsidiaries to be Adjusted EBITDA* positive (excluding corporate overhead) for Fiscal 2026. LiveOne has also recently signed multi-year extensions with ASCAP, BMI, Merlin and Warner Music, and expects the completion of the restructuring of its Custom Personalization Solutions subsidiary to generate $3.5M in revenue and $600K+ in cash flow for Fiscal 2026.