Liveone, Inc. · NASDAQ:LVO
Liveone — Investor Presentation (March 2024)
20 slides from Liveone's investor presentation, March 2024
Slide 1: Investor Presentation
Investor Presentation MARCH 2024 1
Slide 2: Legal Disclaimer
Legal 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 a
Slide 3: At a Glance
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. Listen Watch Attend Engage Transact We give fans, brands, and bands the best seat in the house 3
Slide 4: Financial Highlights
Financial Highlights • Reported Q3 FY2024 (ended 12/31/2023) Consolidated Revenue of LIVEONE, INC. ANNUAL REVENUE $31.2M and Adjusted EBITDA* of $3.3M (Fiscal Year ends March 31st) 2018 - $7.2M • Reported 1st nine months FY2024 (ended 12/31/2023) Consolidated Revenue of $87.5M and Adjusted EBITDA* o
Slide 5: Peer Group Valuations
Peer Group Valuations Enterprise Value (EV) Revenue (TTM) EV/Revenue •LiveOne (LVO) $169.6M $113M 1.50 _________________________________________________________________________ •Sirius Radio (SIRI) $27.5B $9B 3.07 •Spotify (SPOT) $46.2B $13.3B 3.49 •iHeart Radio (IHRT) $6.2B $3.8B 1.63 •Stingray (RA
Slide 6: Complementary Portfolio of Subsidiaries and Brands
Complementary Portfolio of Subsidiaries and Brands PPV DAYONE ONE Music Publishing Splitmind 6
Slide 7: LiveOne's Model Addresses Five Large Market Verticals
LiveOne’s Model Addresses Five Large Market Verticals • Over 660 million paid music subscribers globally in 2023 – estimated to grow to 1.1 billion by 2030 • 177 million listen to podcasts • Podcast ad spend to exceed $2B in 2026 MUSIC PODCASTS LIVESTREAM & PPV MERCHANDISE MUSIC PUBLISHING SUBSCRIPT
Slide 8: Freemium Membership Content Paired with Distribution Platform
Freemium Membership Content Paired with Distribution Platform 6.6B+ 2,900+ 220+ 334M+ Audio Listens Artists Streamed Countries and Livestream views since 01/01/20 since 01/01/20 territories by Live Music Streaming Membership Plans from $0 to $9.99 Per Month ~3.5M 880K+ 148 Free and Paid Free Ad- Mem
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: LiveOne's Slacker Radio membership music streaming service
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 • Full-Year Fiscal 2024 Guidance for Slac
Slide 11: PodcastOne Overview and Key Updates
OVERVIEW KEY PodcastOne UPDATES _______________________________________________________________________________________________________ PodcastOne (Nasdaq: PODC) is a leading advertiser-supported podcast • LiveOne owns ~73.3% of PODC’s common stock and will continue to company offering a 360-degree
Slide 12: Top Shows & Advertisers
pdeastone TOP SHOWS & ADVERTISERS GE ecss Whey A. amazon PCLOROK DUNKIN' hulu (LEZ) 3 | | FWA E27) Crate&Barrel ma Microsoft “ev BEL” ~— peacock! EFQYX ‘indeed ter = =Sorectv GEICO @kFc BUTCHER Je [al ro pox Mesh ROCKET euse bby Quicken Loons GALS ON § THE GQ § G® xx &StateFarm tS) pepsi Paramount +
Slide 13: PPVOne Business Model
PPVOne Business Model • PPVOne’s Business Model Leverages LiveOne’s existing PPV EVENTS TO DATE 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
Slide 14: Direct-to-consumer eCommerce merchandise platform
▪ Direct-to-consumer eCommerce merchandise platform ▪ Provides additional monetization opportunities for both LiveOne & PodcastOne ▪ Partners with artists and stars from the music, podcast and entertainment industry with massive social media and marketing reach to develop and distribute celebrity-ba
Slide 15: Unrivaled Capabilities Across Audio, Video, and Live Events
Unrivaled Capabilities Across Audio, Video, and Live Events Audio streaming Live music streaming Music events ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ 🗶🗶 🗶🗶 🗶🗶 🗶🗶 🗶🗶 Ad- supported Audio streaming Subscription ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ 🗶🗶 ✔ 🗶🗶 🗶🗶 🗶🗶 Podcasts ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ 🗶🗶 🗶🗶 🗶🗶 🗶🗶 🗶🗶 🗶🗶…
Slide 16: Global Network of Distribution and Channel Partners
Global Network of Distribution and Channel Partners Desktop Mobile OTT Over 220 countries reached by Live Music Streaming 16
Slide 17: Management Team
Management Team Robert Ellin Aaron Sullivan Chairman & CEO CFO Over 30 years of investment and turnaround Seasoned executive with extensive financial, experience, deep relationships in media and mergers and acquisitions and operational entertainment, prior public company experience experience in man
Slide 18: Distinguished Board of Directors and Advisors with Industry Experience
Distinguished Board of Directors and Advisors with Industry Experience Distinguished & Experienced Board of Directors Strong Suite of Formal Advisors Ramin Arani Patrick Wachsberger Steven Bornstein Jason Flom Independent Director Independent Director Former CEO of ESPN CEO of Lava Records and NFL N
Slide 19: Investment Highlights
Reported Q3 Fiscal Year 2024 (ended 12/31/2023) Consolidated Revenue of 1 $31.2M and Adjusted EBITDA* of $3.3M Full-Year Fiscal 2024 (ending 3/21/2024) Guidance for Consolidated 2 Revenue of $114 - $120M and Adjusted EBITDA* of $12M - $16M LiveOne Posted Record Consolidated Adjusted EBITDA* of $10.9
Slide 20: NASDAQ: LVO | IR@LIVEONE.COM
NASDAQ: LVO | IR@LIVEONE.COM