Slide 1: Investor Presentation August 2024
Investor Presentation AUGUST 2024 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 List e n Wat c h A t t e n d E n g a ge Tra n
Slide 4: Financial Highlights
Financial Highlights LIVEONE, INC. ANNUAL REVENUE (Fiscal Year ends March 31st) 2018 - $7.2M 2019 - $33.7M 2020 - $38.7M 2021 - $65.2M 2022 - $117M 2023 - $99.6M 2024 - $118.4M 2025 - $140M - $155M* At the recent LiveOne stock price of $1.56 per share (~$154.4M Market Capitalization) • Reported Q1 F
Slide 5: Peer Group Valuations
Peer Group Valuations 5 EV/Revenue Revenue (TTM) Enterprise Value (EV) 1.38 $123.8M $170.63M • LiveOne (LVO) 2.34 $8.9B $20.84B • Sirius Radio (SIRI) 4.59 $13.8B $63.28B • Spotify (SPOT) 1.54 $3.8B $5.86B • iHeart Radio (IHRT) 2.60 $356M $927.61M • Stingray (RAY - A.TO) Peer Group Average EV/Revenue
Slide 6: Complementary Portfolio of Subsidiaries and Brands
Complementary Portfolio of Subsidiaries and Brands PPV ONE DAYONE Music Publ i sh i ng Splitmind 6
Slide 7: LiveOne's Model Addresses Five Large Market Verticals
Source: Houlihan Lokey Fall 2023 Report, MRI - Simmons, IFPI, BBC, Billboard, eMarketer, Facebook Live, Forbes, The Verge, Statista, Nielsen, Broker research, Grand View Resource, Morder Intelligence LiveOne’s Model Addresses Five Large Market Verticals • Over 660 million paid music subscribers glob
Slide 8: Platform Metrics and Freemium Membership
6.6B+ Audio Listens since 01/01/20 148 Livestreamed Music Events since 04/01/21 2,900+ Artists S tre am ed since 01/01/20 220+ Countries and territories by Live Music Streaming 334M+ Livestream views 2,200+ Hours of Live Music since 01/01/20 Platforms T ik T ok T w itt e r I n st a g ram Fac e b o o
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 • Full - Year Fiscal 2025 Guidance
Slide 11: PodcastOne Overview
OV E RVI E W PodcastOne (Nasdaq: PODC) is a leading advertiser - supported podcast company offering a 360 - degree solution for both content creators and advertisers. 350+ Episodes Produced Weekly 600M+ Annual Downloads 18 M + (IAB) Monthly Downloads 200+ Advertisers 5.5M+ Monthly Unique Listeners I
Slide 12: PodcastOne Top Shows and Advertisers
podcastine TOP SHOWS & ADVERTISERS ES ocses Yew amazon PcLoROKS ODUNKIN’ hulu —EZD CratesBarrel HE Microsoft ED HYUNDAI Rae’ peacock: FOX ‘indeed ie Sorecv GEICO. @ KFC BUTCHER dish ®QckET Lalroxe, Mortgage > o'4 # StateFarm SS) pepsi Paramount ring A shopity a Walpreens LIVE CONE
Slide 13: PPVOne Business Model
PPVOne Business Model 126+ PPV EVENTS* 217K + TICKETS SOLD* PPV EVENTS TO DATE REVENUE SOURCES • PPV Ticke t Sal e s with Re v enu e Share • Sponsorship and Advertising/Product Placement • V I P Exclu s i v e U p g rade Options • Digita l Mee t an d Gre e t Op p ortuniti e s • N FT s an d E - C omme
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 celebrit
Slide 15: Unrivaled Capabilities Across Audio, Video, and Live Events
Ad - s upp o rted ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ S u bs c ript i on ٷ ٷ ٷ ٷ ٷ ٷ P o dca s ts ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ Originals ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ L i ve v i d eo streaming ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ T ic k eted show ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ Linear / OTT channels ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ Live events ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ ٷ Merchan
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
Robert 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 Pre s i d e n t Po d c as tOne (Nasdaq: PODC) Founded PodcastOne 10 years ago. 20+ year
Slide 18: Board of Directors and Advisors
Ramin Arani In d e p e n d e n t Dir e c t or Former lead manager of Fidelity’s Puritan Fund and current Board member of Vice Media, Ellen Digital and Opportunity Network Patrick Wachsberger In d e p e n d e n t Dir ec tor Founder and CEO of Picture Perfect Entertainment and former Chairman of Lions
Slide 19: Investment Highlights
Investment Highlights Multiple membership records as total members grew to ~3.9M at 06/30/24 Tesla is Largest Customer as Nearly Every New Tesla Sold in U.S. Comes with a LiveOne Membership Paid by Tesla 3 5 7 Reported Q1 Fiscal Year 2025 (ended 06/30/2024) Consolidated Revenue of $33.1M and Adjuste
Slide 20: IR@LIVEONE.COM
NASDAQ: LVO | IR@LIVEONE.COM