Thu, May 8, 8:57 PM (45 days ago)
**Live Ventures Incorporated (LIVE) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $107.0 million (Q1 2025) vs. $118.6 million (Q1 2024), a 9.8% decrease. - **Net Income:** $15.9 million (Q1 2025) vs. -$3.3 million (Q1 2024). - **Gross Profit Margin:** 32.8% (Q1 2025) vs. 29.9% (Q1 2024). - **Operating Income:** $2.1 million (Q1 2025) vs. -$0.8 million (Q1 2024). - **Cash Flow:** $9.6 million (Q1 2025) vs. $2.1 million (Q1 2024). **Segment Performance:** - **Retail-Entertainment:** Revenue up 9.6%, gross margin up to 59.1%. - **Retail-Flooring:** Revenue down 14.5%, gross margin down to 34.4%. - **Flooring Manufacturing:** Revenue down 12.8%, gross margin up to 27.5%. - **Steel Manufacturing:** Revenue down 11.7%, gross margin up to 21.2%. **Key Metrics:** - **Earnings per Share (EPS):** $5.10 (Q1 2025) vs. -$1.04 (Q1 2024). - **Adjusted EBITDA:** $6.4 million (Q1 2025) vs. $4.5 million (Q1 2024). **Cash and Liquidity:** - **Cash on Hand:** $6.9 million (Q1 2025) vs. $4.6 million (Q4 2024). - **Available Borrowing:** $19.7 million under revolving credit facilities. **Trends and Uncertainties:** - **Revenue Decline:** Attributable to Retail-Flooring, Flooring Manufacturing, and Steel Manufacturing segments. - **Gross Margin Improvement:** Driven by strategic price increases and acquisitions. - **Legal Proceedings:** Ongoing SEC investigation and class action lawsuit. **Future Operations Impact:** - **Acquisitions:** Continued focus on value-oriented acquisitions. - **Cost Reduction:** Targeted initiatives to reduce general and administrative expenses. - **Legal Risks:** Potential material adverse effects from ongoing legal proceedings.