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Live Ventures Inc (LIVE)
:LIVE
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Live Ventures
(NASDAQ:LIVE)
42Neutral
Live Ventures (LIVE) vs. S&P 500 (SPY)
Market Cap
$24.98M
Dividend YieldN/A
Average Volume (3M)9.24K
Price to Earnings (P/E)―
Beta (1Y)-0.20
Revenue Growth15.60%
EPS Growth-883.12%
CountryUS
Employees1,429
SectorConsumer Cyclical
Sector Strength55
IndustryHome Improvement
Share Statistics
EPS (TTM)-8.14
Shares Outstanding3,106,431
10 Day Avg. Volume16,947
30 Day Avg. Volume9,241
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.05
Price to Cash Flow (P/CF)0.60
P/FCF Ratio0.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Live Ventures Business Overview & Revenue Model
Company DescriptionLive Ventures Incorporated is a diversified holding company engaged in the acquisition and management of small to medium-sized businesses. The company operates through various subsidiaries across multiple sectors, including retail, manufacturing, and services. Its core products and services range from home improvement and flooring products to high-performance wool carpeting and steel manufacturing.
How the Company Makes MoneyLive Ventures makes money primarily through the operations of its diverse portfolio of subsidiaries. Each subsidiary generates revenue from its specific sector activities, such as retail sales, manufacturing contracts, and service fees. The company benefits from the operational profits of its subsidiaries, reinvesting these earnings into further acquisitions and business expansions. Additionally, strategic management and cost efficiencies within these businesses contribute significantly to Live Ventures' earnings. Significant partnerships or market positions within their industries also play a crucial role in bolstering their revenue streams.
Live Ventures Financial Statement Overview
Summary
Live Ventures faces significant financial challenges with declining revenue, negative profitability margins, and high leverage. Despite some stability in gross profit margins, operational and cash flow inefficiencies are concerning. The company must address its leverage and improve operational performance to enhance financial health.Income Statement
The company has shown a decline in revenue growth with the latest TTM revenues at $466.8M compared to $472.8M in the prior annual period, indicating negative growth. The gross profit margin for TTM is approximately 30.8%, which is relatively stable but could be higher for the industry. However, the net profit margin is negative due to a net loss of $25.5M. EBIT and EBITDA margins are weak, with negative EBIT and a very low EBITDA margin, highlighting operational challenges.45
Neutral
Balance Sheet
The debt-to-equity ratio is high, indicating significant leverage at 1.3, which is a potential risk. Stockholders' equity has decreased over time, now at $73.3M. The equity ratio stands at 18.5%, reflecting a moderate reliance on equity financing. The return on equity is negative due to net losses, signaling inefficiency in generating returns from equity.50
Neutral
Cash Flow
Free cash flow has decreased from $15.9M to $13.5M in the TTM, and the growth rate is negative. The operating cash flow to net income ratio is negative, reflecting operational inefficiencies. The free cash flow to net income ratio is also negative, indicating challenges in translating profits into cash.40
Negative
| Breakdown | |||||
| TTM | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 466.75M | 472.84M | 355.17M | 286.91M | 272.98M | 191.72M | Gross Profit |
| 143.86M | 144.82M | 115.57M | 97.83M | 99.46M | 75.32M | EBIT |
| -16.42M | -13.64M | 15.45M | 13.07M | 35.79M | 20.42M | EBITDA |
| 10.98M | -13.64M | 33.27M | 29.47M | 51.46M | 20.42M | Net Income Common Stockholders |
| -25.51M | -26.68M | -102.00K | 24.74M | 31.20M | 10.93M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.77M | 4.60M | 4.31M | 4.60M | 4.66M | 8.98M | Total Assets |
| 10.87M | 407.55M | 421.81M | 278.64M | 211.74M | 197.26M | Total Debt |
| 128.62K | 96.72M | 244.53M | 143.66M | 94.16M | 115.95M | Net Debt |
| -5.34M | 92.12M | 240.22M | 139.06M | 89.50M | 106.97M | Total Liabilities |
| 1.86M | 334.66M | 321.68M | 181.47M | 136.66M | 153.59M | Stockholders Equity |
| 9.01M | 72.89M | 100.14M | 97.61M | 75.53M | 43.94M |
| Cash Flow | Free Cash Flow | ||||
| 13.51M | 12.14M | 15.99M | 2.45M | 17.77M | 24.91M | Operating Cash Flow |
| 22.14M | 20.61M | 26.00M | 14.58M | 29.19M | 28.79M | Investing Cash Flow |
| -20.11M | -21.48M | -63.88M | -40.04M | -17.42M | -8.78M | Financing Cash Flow |
| -193.00K | 1.16M | 37.60M | 25.39M | -16.09M | -13.71M |
Live Ventures Technical Analysis
Positive
8.04
Price Trends
8.08
Positive
8.92
Negative
12.95
Negative
Market Momentum
-0.21
Negative
52.26
Neutral
89.34
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LIVE, the sentiment is Positive. The current price of 8.04 is above the 20-day moving average (MA) of 7.16, below the 50-day MA of 8.08, and below the 200-day MA of 12.95, indicating a neutral trend. The MACD of -0.21 indicates Negative momentum. The RSI at 52.26 is Neutral, neither overbought nor oversold. The STOCH value of 89.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LIVE.
Live Ventures Risk Analysis
Live Ventures disclosed 47 risk factors in its most recent earnings report. Live Ventures reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Live Ventures Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $485.05M | 9.50 | 38.54% | 2.27% | 2.76% | 6.81% | |
71 Outperform | $376.03M | 15.87 | -102.54% | 2.17% | 6.83% | 24.77% | |
59 Neutral | $12.18B | 11.09 | -1.08% | 3.77% | 1.26% | -19.82% | |
56 Neutral | $42.56M | 0.48 | 526.88% | ― | -11.38% | ― | |
54 Neutral | $97.96M | ― | -6.58% | 3.85% | -0.54% | -78.88% | |
42 Neutral | $24.98M | ― | -29.55% | ― | 15.60% | -883.12% | |
41 Neutral | $9.15M | ― | -43.58% | ― | -3.12% | 6.60% |
* Consumer Cyclical Sector Average
Performance Comparison
LIVE
Live Ventures
8.25
-18.90
-69.61%
BBW
BuildABear Workshop
36.20
8.90
32.60%
LCUT
Lifetime Brands
4.42
-5.88
-57.09%
NATH
Nathan's Famous
90.55
24.29
36.66%
RGS
Regis
17.82
10.87
156.40%
RMCF
Rocky Mountain Chocolate Factory
1.19
-2.49
-67.66%
Live Ventures Earnings Call Summary
Earnings Call Date: Feb 6, 2025 | % Change Since: -17.03% | Next Earnings Date: May 19, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with notable achievements in the Retail-Entertainment and Steel Manufacturing segments, leading to improved operating performance and a return to positive net income. However, significant challenges remain due to decreased demand in the flooring industry, resulting in an overall revenue decline and increased expenses. While there are positive signs and strategic initiatives in place, the balance of highlights and lowlights suggests a cautious outlook.Highlights
Retail-Entertainment Revenue Growth
Retail-Entertainment revenue increased by $700,000, or 3.3%, compared to the prior year period, reaching approximately $21.3 million due to an increase in the number of stores.
Improved Operating Performance in Key Segments
Retail-Entertainment and Steel Manufacturing segments delivered improved operating performance with increases in operating revenue and margins compared to the prior year period.
Positive Net Income and EPS
Net income for the quarter was approximately $500,000 with a diluted EPS of $0.16 compared to a net loss of $700,000 and a loss per share of $0.22 in the prior year period, partly due to gains from settlement activities.
Cash Availability and Stock Repurchases
Ended the quarter with total cash availability of $31.1 million and repurchased approximately 15,700 shares of common stock, indicating strong liquidity and capital allocation strategy.
Lowlights
Overall Revenue Decline
Total revenue for the quarter decreased by 5.2% to approximately $111.5 million, driven by declines in the Flooring Manufacturing, Retail-Flooring, and Steel Manufacturing segments.
Decreased Flooring Segment Revenue
Retail-Flooring segment revenue decreased by $2.6 million, or 7.5%, and Flooring Manufacturing segment revenue decreased by $3.2 million, or 11.1%, primarily due to reduced demand in the flooring industry.
Adjusted EBITDA Decline
Adjusted EBITDA for the quarter decreased by approximately $3 million compared to the prior year period.
Increased General and Administrative Expenses
General and administrative expenses increased by approximately $2.4 million to $30.1 million, driven by increased compensation and other expenses in the Retail-Flooring segment.
Company Guidance
During the Live Ventures FY 2025 First Quarter Earnings Conference Call, the company reported a 5.2% decrease in total revenue to approximately $111.5 million, with declines in the Flooring Manufacturing, Retail-Flooring, and Steel Manufacturing segments totaling around $6.7 million. However, the Retail-Entertainment segment saw a revenue increase of 3.3%, or $700,000, to approximately $21.3 million, driven by an increase in the number of stores. Despite a reduced demand in the flooring and steel industries, the company's gross margin improved to 31.7% from 30.9% in the prior year period. General and administrative expenses rose by $2.4 million to $30.1 million, while sales and marketing expenses decreased by $600,000 to $4.5 million. The company achieved a net income of approximately $500,000, translating to a diluted EPS of $0.16, compared to a net loss in the previous year. Adjusted EBITDA dropped by $3 million to $5.7 million. At the end of the quarter, the company had total cash availability of $31.1 million and working capital of approximately $51 million. The company repurchased about 15,700 shares of common stock during the quarter and expressed confidence in its long-term strategy despite current market challenges.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.