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LiveOne (LiveOne) Gross Profit : $31.4 Mil (TTM As of Dec. 2023)


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What is LiveOne Gross Profit?

LiveOne's gross profit for the three months ended in Dec. 2023 was $8.0 Mil. LiveOne's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $31.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. LiveOne's gross profit for the three months ended in Dec. 2023 was $8.0 Mil. LiveOne's Revenue for the three months ended in Dec. 2023 was $31.2 Mil. Therefore, LiveOne's Gross Margin % for the quarter that ended in Dec. 2023 was 25.53%.

LiveOne had a gross margin of 25.53% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of LiveOne was 32.96%. The lowest was -224.44%. And the median was 15.19%.


LiveOne Gross Profit Historical Data

The historical data trend for LiveOne's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LiveOne Gross Profit Chart

LiveOne Annual Data
Trend Apr14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 5.87 16.24 24.04 32.83

LiveOne Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.95 7.25 8.20 7.98 7.98

Competitive Comparison of LiveOne's Gross Profit

For the Entertainment subindustry, LiveOne's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LiveOne's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, LiveOne's Gross Profit distribution charts can be found below:

* The bar in red indicates where LiveOne's Gross Profit falls into.



LiveOne Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

LiveOne's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=99.611 - 66.782
=32.8

LiveOne's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=31.245 - 23.267
=8.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.4 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

LiveOne's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=8.0 / 31.245
=25.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


LiveOne  (NAS:LVO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

LiveOne had a gross margin of 25.53% for the quarter that ended in Dec. 2023 => Competition eroding margins


LiveOne Gross Profit Related Terms

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LiveOne (LiveOne) Business Description

Traded in Other Exchanges
Address
269 South Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through two segments, Audio and Media, with a majority of its revenue derived from the Audio segment.
Executives
Kristopher Wright director 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Robert S Ellin director, 10 percent owner, officer: CEO and Chairman 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Aaron Sullivan officer: Interim CFO, Controller & EVP 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Jay E. Krigsman director C/O LATERAL MEDIA, INC., 2121 AVENUE OF THE STARS, SUITE 2550, LOS ANGELES CA 90067
Patrick D Wachsberger director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Maria D Garrido director C/O LIVEXLIVE MEDIA, INC.,, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Quartieri officer: CFO, EVP & Secretary C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Bridget Baker director 2550 DENALI STREET, SUITE 1000, ANCHORAGE X1 99503
Tim J. Spengler director C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Dermot A Mccormack officer: President C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE #1450, BEVERLY HILLS CA 90212
Kenneth A Solomon director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Douglas D Schaer officer: Chief Operating Officer C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Leonard Zemetra officer: CFO and EVP 5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Jerome N. Gold officer: CFO and EVP C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212