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Live Ventures Inc (LIVE)
NASDAQ:LIVE
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 27, 2018
|% Change Since: -5.79%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and successful acquisitions, but also revealed challenges such as declining segment performance, increased expenses, and financial covenant defaults. Despite the growth in some segments, the overall financial position was negatively impacted by economic headwinds and operational inefficiencies.Company Guidance
During the Live Ventures Fiscal Year 2024 Year-End Earnings Conference Call, several key metrics and financial results were discussed. Total revenue for the fiscal year increased by 33.1% to approximately $472.8 million, driven primarily by acquisitions, which contributed an additional $118.3 million. Despite this growth, the company faced challenges, such as a goodwill impairment charge of $18.1 million in the Retail-Flooring segment and an increased net loss of approximately $26.7 million, with a loss per share of $8.48, compared to a net loss of approximately $100,000 and a loss per share of $0.03 in fiscal year 2023. Gross profit rose to approximately $144.8 million, although the gross margin percentage declined to 30.6% from 32.5% in the prior year. The decrease in margin was attributed to the acquisition of PMW and reduced production efficiencies. General and administrative expenses increased by $31.4 million to $118 million, while sales and marketing expenses rose by $8.9 million to $22.4 million. Adjusted EBITDA for the year was approximately $24.5 million, a decrease of about $7 million from the previous year. The company ended the year with total cash availability of $33.3 million and working capital of approximately $52.3 million. Total assets stood at $407.5 million, with total stockholders' equity at $72.9 million.Significant Revenue Growth
Total revenue for fiscal year 2024 increased by 33.1% to approximately $472.8 million, driven by acquisitions and increased sales in specific segments.
Successful Acquisitions
The acquisitions of Flooring Liquidators, PMW, and Central Steel collectively added approximately $118.3 million to the revenue.
Retail-Flooring Segment Performance
Retail-Flooring segment revenue increased by $61.1 million or 80.6% to approximately $137 million due to strategic acquisitions and segment expansion.
Steel Manufacturing Segment Growth
Steel Manufacturing segment revenue increased by $50.7 million or 57% to approximately $139.6 million.
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LIVE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LIVE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 12, 2024 | $10.02 | $9.83 | -1.90% |
| Aug 08, 2024 | $20.45 | $20.21 | -1.17% |
| May 13, 2024 | $25.67 | $25.62 | -0.19% |
| Feb 08, 2024 | $24.92 | $24.10 | -3.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Live Ventures Inc (LIVE) report earnings?
Live Ventures Inc (LIVE) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Live Ventures Inc (LIVE) earnings time?
Live Ventures Inc (LIVE) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LIVE EPS forecast?
Currently, no data Available
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