LIVE
Live Ventures Incorporated14.76
-0.85-5.48%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
No Q&A; prepared remarks untested
Live Ventures' Q1 FY2026 call drew no analyst questions, leaving prepared remarks on operating resilience unchallenged. Management touted operating income up 352.9% to $3.5 million and adjusted EBITDA rising 35.7% to $7.8 million despite Retail-Flooring weakness from housing softness. The script reaffirmed cost discipline across segments. No new risks or strategies emerged in Q&A. Call ended without a single question. Investors will track housing recovery and teased AI efficiencies.
Key Stats
Market Cap
45.34MP/E (TTM)
-Basic EPS (TTM)
-1.35Dividend Yield
0%Recent Filings
8-K
Q1 revenue dips, profits soar
Live Ventures reported Q1 fiscal 2026 revenue of $108.5 million, down 2.7% from $111.5 million, yet operating income surged 352.9% to $3.5 million on gross margin expansion to 32.6% and cost cuts. Adjusted EBITDA rose 35.7% to $7.8 million despite Retail-Flooring weakness from housing softness. Steel segment refinanced $47 million, boosting liquidity. AI integration targets further efficiency.
10-Q
Q1 FY2026 results
Live Ventures posted Q1 FY2026 revenue of $108.5M, down 2.7% y/y from $111.5M, yet gross profit held steady at $35.4M while margins expanded 0.9 points to 32.6% on efficiencies across segments. Operating income surged to $3.5M from $0.8M y/y, fueled by 7.4% lower G&A and 10.4% reduced sales/marketing expenses, particularly in Retail-Flooring. Cash climbed to $15.1M (up q/q from $8.8M), with operating cash flow at $9.8M and FCF of $8.5M (derived). Steel Manufacturing refinanced $47M debt with Legacy Corporate Lending on Dec 30, 2025, boosting capacity. Ongoing SEC litigation poses disclosure risks.
10-K
FY2025 results
Live Ventures posted FY2025 revenue of $444.9M, down 5.9% y/y from $472.8M, yet swung to net income of $22.7M from a $26.7M loss—thanks to no repeat of Flooring Liquidators' $18.1M goodwill hit and $22.8M gain on seller note modification. Q4 momentum shone in Steel Manufacturing, where Central Steel (acquired May 2024) added $11.1M revenue atop 20.8% gross margins (up from 15.8% annual), while Retail-Entertainment grew 9.1% on collectibles demand. Vintage Stock drove profits; Flooring units lagged on housing weakness but cut G&A. Debt sits at $117.7M (mostly revolvers); $10M buyback trimmed 60K shares. Ongoing SEC probe clouds disclosure.
8-K
FY25 profit turnaround announced
Live Ventures swung to $14.6M operating income and $22.7M net income for FY2025 ended September 30, despite 5.9% revenue drop to $444.9M from flooring and steel weakness. Gross margins climbed to 32.7% via cost cuts and Central Steel acquisition; Adjusted EBITDA rose 36.3% to $33.4M (reconciled). Housing softness persists. Solid turnaround.
10-Q
Q3 FY2025 results
Live Ventures swung to $8.0M operating income for Q3 FY2025 ended June 30, up sharply from $1.1M y/y, while revenue dipped 9.2% y/y to $112.5M on softer Retail-Flooring and Steel Manufacturing demand—yet gross margins expanded to 34.0% from 29.9% via efficiencies and Central Steel integration. YTD operating income climbed to $10.9M from $3.8M, with net income $21.7M or $4.97 diluted EPS (anti-dilution from convertibles noted). Cash hit $7.6M on $21.9M operating cash flow, less $5.8M capex for $16.2M free cash flow (derived); total debt fell to $83.6M (revolvers/equipment/term loans) with covenant compliance. Debt restructurings delivered $22.8M gain on Flooring Liquidators seller note modification. Ongoing SEC litigation poses disclosure risks.
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