Liveone, Inc. · NASDAQ:LVO
Liveone — Investor Presentation (May 2023)
20 slides from Liveone's investor presentation, May 12, 2023
Slide 1: Investor Presentation May 2023
Investor Presentation May 2023 1
Slide 2: Disclaimer
The information in this presentation is provided to you by LiveOne, Inc . (the “Company” or “LiveOne”) solely for informational purposes and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or instrument of the Company, or to participate in any investment ac
Slide 3: At a Glance
An award - winning, creator - first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. We give fans, brands, and bands the best seat in the house L i s t en Wa t ch A tt e n d E ngage Transact
Slide 4: Financial Highlights
Financial Highlights • Company guidance for consolidated full - year Fiscal 2023 ending 3/31/2023: Revenue $100M - $110M; Adjusted EBITDA** $11M - $12M • Company guidance for consolidated full - year Fiscal 2024 ending 3/31/2024: Revenue $115M - $125M; Adjusted EBITDA** $12M - $15M • FY 2023 guidanc
Slide 5: Peer Group Valuations
Peer Group Valuations 5 Enterprise Value (EV) Revenue (TTM) EV/Revenue • LiveOne (LVO) $142M $97.5M 1.45 _ • Sirius Radio (SIRI) $23.7B $9B 2.65 • Spotify (SPOT) $23.9B $11.7B 1.98 • iHeart Radio (IHRT) $6.45B $3.9B 1.66 • Stingray (RAY - A.TO) $848M $318M 2.67 • Loop Media (LPTV) $284M $43M 6.66 •
Slide 6: Complementary Portfolio of Wholly-Owned Subsidiaries and Brands
Complementary Portfolio of Wholly - Owned Subsidiaries and Brands PPV ON E LiveOne intends to spin - out its existing PodcastOne, Slacker Radio and PPVOne (Pay - Per - View) businesses as separate public companies and plans to distribute a portion of the new companies' equity to LiveOne's stockholde
Slide 7: LiveOne's Model Addresses Six Large Market Verticals
Source: IFPI, BBC, Billboard, eMarketer, Facebook Live, Forbes, The Verge, Statista, Nielsen, Broker research, Grand View Resource LiveOne’s Model Addresses Six Large Market Verticals • Over 300 million paid music subscribers globally today – estimated to grow to 1.2 billion by 2030 • 74% of concert
Slide 8: Platform metrics and freemium membership
2.0M+ 1 ,2 Paid Members 4.7B+ Audio Listens s i n c e 01/01/20 126 Livestreamed Music Events since 04/01/21 2,900+ Artists Streamed since 01/01/20 220+ Countries and territories by Live Music Streaming 294M+ People reached via 24 - hour OTT streaming channel 1,500+ Hours of Live Music since 01/01/20
Slide 9: Growing Library of Franchises
Growing Library of Franchises Highly - rated Originals Podcasts Partnerships ContentOne studio to develop and distribute new originals and tentpole events across the platform 9
Slide 10: Slacker Radio
LiveOne’s Slacker Radio is a membership music streaming service offering songs and access to expertly crafted stations, podcasts from PodcastOne, livestreamed video and on - demand programming, and livestreamed festivals, concerts and pay - per - view (PPV) events • Slacker and Roth CH Acquisition V
Slide 11: PodcastOne Overview
OVE R VIEW PodcastOne is a leading advertiser - supported podcast company offering a 360 - degree solution for both content creators and advertisers. 2.3B+ Down l oads Annually 350+ Hours Distributed Weekly 155+ Podcast Shows 60M+ I n t e r ac ti v e A d v e rti s i ng Bureau (IAB) Monthly Downloads
Slide 12: Top Shows & Advertisers
~i E fi e TRUE CRIME pudcastone TOP SHOWS & ADVERTISERS GG oces Yee “4. amazon > DUNKIN’ hulu MED CratesBarret Bi Microsoft BD BEY” ~~ peacock! FQX ‘indeed Sonrectv GEICO. @ KFC wget 8 SSE dish Roget bev Bh. YOK seem Qoevs FING —Dshowity snare Wesjreens
Slide 13: PPVOne Business Model
PPVOne Business Model 13 • PPVOne’s Business Model Leverages LiveOne’s existing proprietary tech stack and expertise with more than seven years of livestreaming experience and scalable product. • Direct to consumer billing relationship enhances both PPVOne and LiveOne’s flywheels for increased monet
Slide 14: CPS merchandise platform
• Acquired in December 2020 • Direct - to - consumer eCommerce merchandise platform • Create, manufacture and distribute unique and limited - edition personalized clothing, jewelry, toys as well as virtual goods • Partners with artists and stars from the music, podcast and entertainment industry wit
Slide 15: Unrivaled Capabilities Across Audio, Video, and Live Events
Sources: Company filings, Company websites Audio streaming Live music streaming M usic e v ents Unrivaled Capabilities Across Audio, Video, and Live Events ing Ad - s uppo r ted ط ط ط ط ط ط ط ط ط ٷ ٷ ٷ ٷ ٷ dio st r eam Subscription ط ط ط ط ط ط ط ط ط ٷ ط ٷ ٷ ٷ Au Podcasts ط ط ط ط ط ط ط ط ٷ ٷ ٷ ٷ ٷ ٷ
Slide 16: Global Network of Distribution and Channel Partners
Global Network of Distribution and Channel Partners Desktop 16 Mob ile O TT Over 220 countries reached by Live Music Streaming
Slide 17: Management Team
Rob er t Ellin Chairman & CEO Over 30 years of investment and turnaround experience, deep relationships in media and entertainment, prior public company experience as Executive Chairman of Mandalay Digital Kit Gray P re s ident P od c a s t O ne Founded PodcastOne 8 years ago. 20+ years audio experi
Slide 18: Distinguished & Experienced Board of Directors
R a m i n A ra ni Independent D ire c tor Former lead manager of Fidelity’s Puritan Fund and current Board member of Vice Media, Ellen Digital and Opportunity Network Patrick Wachsberger Independent D ire c tor Founder and CEO of Picture Perfect Entertainment and former Chairman of Lionsgate Films S
Slide 19: Investment Highlights
I nves t m ent Highlights Cost and Expense Reductions Throughout FY 2023 Expected to Result in Over $30M In Annual Cost Savings Broke multiple membership records as total members grew to 2.9M+ with over 2.0M paid members** 2 . Record member growth in Fiscal 2023 to over 592,000 new members – a 45% i
Slide 20: IR@LIVEONE.COM
NASDAQ: LVO | IR@LIVEONE.COM