Liveone, Inc. · NASDAQ:LVO
Liveone — Investor Presentation (January 2023)
20 slides from Liveone's investor presentation, Jan 11, 2023
Slide 1: Investor Presentation January 2023
Investor Presentation January 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 Listen Wa t c h A ttend Eng a ge Transact AT A
Slide 4: Financial Highlights
Financial Highlights • Reported first six months FY 2023 ended Sept. 30, 2022 - Revenue of $46.8 million, and record Adjusted EBITDA** of $6.4 million • Company full - year Fiscal 2023 Adjusted EBITDA** guidance is between $9.5 million to $12 million • LiveOne’s audio division consisting of Slacker
Slide 5: Peer Group Valuations
Peer Group Valuations 5 Enterprise Value (EV) Revenue (TTM) EV/Revenue • LiveOne (LVO) $78.7M $103M .76 • Sirius Radio (SIRI) $32.6B $9B 3.26 • Spotify (SPOT) $14.2B $11.2B 1.26 • Sirius Radio (SIRI) $32.6B $9B 3.26 • iHeart Radio (IHRT) $7.1B $3.8B 1.87 • Stingray (RAY - A.TO) • Chicken Soup $752M
Slide 6: Complementary Portfolio of Wholly-Owned Subsidiaries and Brands
Complementary Portfolio of Wholly - Owned Subsidiaries and Brands PPV O NE 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 m illi on pa i d m u s i c sub s c r i be r s g l oba ll y today – e s t i m ated to g r ow to 1.2 b il l
Slide 8: Membership and platform metrics
1 . 9 M+ 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 te rr i to r i es by L i ve Music Streaming 294M+ People reached via 24 - hour OTT streaming channel 1,500+ Hours of Live Music sin
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 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 • Nearly all new Tesla EVs sold in
Slide 11: PodcastOne Overview
O VE R V I E W PodcastOne is a leading advertiser - supported podcast company offering a 360 - degree solution for both content creators and advertisers. 2.3B+ D o w n l oads Annually 350+ Hours Distributed Weekly 155+ Podcast Shows 60M+ I n t era c t i v e Ad v er t i s in g Bureau (IAB) Monthly Do
Slide 12: PodcastOne Top Shows & Advertisers
é Ba? re ONE podcastdne TOP SHOWS & ADVERTISERS ry rary @] ocss Yee amazon {> OUNKIN’ hulu ED crctesBarrel FE Microsoft B BEE” — peacock! FQX ‘indeed Be Sore GEICO. @KFC BUTSRER ish RacKET LGoxe, Mortgage MK Asuterem =—O)oevsi Prant Taam FINQ —Bshopity Pr. Tletpreens 12
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 direct-to-consumer 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 A ud i o s tr ea m i n g L i v e m u s i c s tr ea m i n g M u s i c eve n ts Unrivaled Capabilities Across Audio, Video, and Live Events ing Ad - s uppo r t ed ط ط ط ط ط ط ط ط ط ٷ ٷ ٷ ٷ ٷ d i o s tr ea m Subscription ط ط ط ط ط ط ط ط ط ٷ ط ٷ ٷ ٷ Au Podcasts
Slide 16: Global Network of Distribution and Channel Partners
Global Network of Distribution and Channel Partners D esk t o p 16 M ob ile O T T Over 220 countries reached by Live Music Streaming
Slide 17: Management Team
R ob er t E llin 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 President PodcastOne Founded PodcastOne 8 years ago. 20+ years audio experience. Se
Slide 18: Distinguished & Experienced Board of Directors
Ram i n A ra n i I ndependent D i r ec t or Former lead manager of Fidelity’s Puritan Fund and current Board member of Vice Media, Ellen Digital and Opportunity Network P a t r i c k W ac h s b er g er Independent Director Founder and CEO of Picture Perfect Entertainment and former Chairman of Lions
Slide 19: Investment Highlights
I n v es t m e n t Highlights Cost and Expense Reductions Throughout FY 2023 Expected to Result in Over $30 Million In Annual Cost Savings Broke multiple membership records as total members grew to 2.7 million and over 1.9 million paid members**. Record member growth last 12 months to over 532,000 n
Slide 20: IR@LIVEONE.COM
NASDAQ: LVO | IR@LIVEONE.COM