Logo

LIVE

Live Ventures Incorporated

LIVE

Live Ventures Incorporated • NASDAQ
$9.25 ▲ 0.33% (+0.03)
Market Cap $28.41 M
52w High $25.88
52w Low $6.25
Dividend Yield 0%
P/E -6.85
Volume 802
Outstanding Shares 3.07M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $112.53M ▲ $30.284M ▼ $5.388M ▼ 4.788% ▼ $1.75 ▼ $16.705M ▼
Q2-2025 $107.013M ▼ $33.056M ▼ $15.866M ▲ 14.826% ▲ $5.1 ▲ $30.493M ▲
Q1-2025 $111.508M ▼ $34.6M ▼ $492K ▲ 0.441% ▲ $0.16 ▲ $10.181M ▲
Q4-2024 $112.743M ▼ $53.463M ▲ $-19.867M ▼ -17.621% ▼ $-6.32 ▼ $-9.588M ▼
Q3-2024 $123.878M $35.914M $-2.855M -2.305% $-0.91 $5.664M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $7.625M ▲ $387.464M ▼ $293.207M ▼ $94.257M ▲
Q2-2025 $6.931M ▼ $393.581M ▼ $304.65M ▼ $88.931M ▲
Q1-2025 $7.407M ▲ $395.524M ▼ $322.249M ▼ $73.275M ▲
Q4-2024 $4.601M ▼ $407.547M ▼ $334.658M ▼ $72.889M ▼
Q3-2024 $4.711M $436.816M $344.106M $92.71M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $5.388M ▼ $12.277M ▲ $-1.439M ▲ $-10.144M ▼ $694K ▲ $10.838M ▲
Q2-2025 $15.866M ▲ $231K ▼ $-2.497M ▼ $1.79M ▲ $-476K ▼ $-2.266M ▼
Q1-2025 $492K ▲ $9.4M ▲ $-1.817M ▲ $-4.777M ▼ $2.806M ▲ $7.583M ▲
Q4-2024 $-19.867M ▼ $6.734M ▼ $-3.478M ▲ $-3.366M ▼ $-110K ▼ $3.256M ▼
Q3-2024 $-2.855M $11.746M $-13.095M $1.571M $222K $10.125M

Revenue by Products

Product Q3-2023Q4-2023Q1-2024Q2-2024
Corporate and Other
Corporate and Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Flooring Manufacturing
Flooring Manufacturing
 $30.00M ▲$30.00M ▲$0 ▼$0 ▲
Steel Manufacturing
Steel Manufacturing
 $20.00M ▲$30.00M ▲$0 ▼$0 ▲
Flooring
Flooring
 $30.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been climbing steadily over the past few years, and gross profit has risen with it, suggesting that the core businesses are still selling and producing reasonably well. However, profitability has moved in the opposite direction: operating profit has trended down and slipped into a small loss most recently, and net income turned from profit a few years ago to a noticeable loss in the latest year. Earnings per share have been very volatile, which may reflect one‑off items, acquisition effects, or changes in share count. Overall, the top line looks healthier than the bottom line, and recent results show pressure on costs and margins.

Balance Sheet

Balance Sheet The asset base has grown meaningfully over time, consistent with an acquisition-driven strategy and expansion of subsidiaries. That said, this growth has been funded largely with debt, which has risen steadily and now makes up a significant portion of the capital structure. Reported equity is relatively small compared with total assets, implying a fairly leveraged balance sheet. The disclosed cash balance appears very thin, which, if accurate, reduces the company’s financial cushion and makes it more dependent on ongoing cash generation and refinancing access.

Cash Flow

Cash Flow Despite the recent accounting loss, the business has consistently produced positive cash from operations, though at a modest level. After capital spending, free cash flow has generally remained positive but not large, indicating that the portfolio can fund itself but with limited room for big missteps or large new projects without additional capital. Capital expenditures have been relatively steady and not excessively high, which supports cash flow but could also limit the pace of organic growth if underinvestment becomes an issue. Overall, cash flow quality looks better than the income statement, but with a narrow safety margin.

Competitive Edge

Competitive Edge Live Ventures’ edge comes from its role as a holding company and from the niche strengths of its subsidiaries rather than from a single dominant brand. In flooring, Marquis Industries benefits from vertical integration, in‑house yarn production, and proprietary stain and vinyl technologies, giving it some cost and product differentiation. In specialty steel, Precision Marshall’s proprietary processes and reputation for consistent, high‑quality tool steel create switching costs for industrial customers. Vintage Stock’s buy‑trade‑sell model and focus on collectibles create a unique customer ecosystem. However, each business competes in cyclical, competitive markets—housing, manufacturing, and discretionary retail—so demand can swing with the broader economy and consumer sentiment.

Innovation and R&D

Innovation and R&D Innovation here is practical and decentralized rather than lab‑heavy. Marquis focuses on advanced manufacturing, new flooring formats, and proprietary yarn and stain-protection systems. Precision Marshall emphasizes process innovation, cleaner steel, better machinability, and digital tools like a high‑reliability customer portal and fast shipment capabilities. Vintage Stock innovates mainly in its business model and customer experience, using its trade‑in ecosystem to keep inventory fresh and customers engaged. The holding company’s main “R&D” is effectively in capital allocation—finding, buying, and improving middle‑market businesses, and supporting them with technology upgrades and operational improvements.

Summary

Live Ventures combines a diversified set of niche businesses with a buy‑build‑hold strategy that has grown revenue and assets over time. Its subsidiaries have clear operational strengths and some targeted competitive advantages in flooring, specialty steel, and entertainment retail. At the same time, the latest year shows a meaningful step back in profitability, even as cash flows remain modestly positive, and the company relies heavily on debt with a relatively thin equity and cash buffer. The story is one of a specialized acquirer and operator with interesting subsidiary-level moats, balanced against financial leverage, earnings volatility, and exposure to economically sensitive end markets. Future performance will hinge on how well management improves margins in the existing portfolio, manages debt, and executes on any new acquisitions.

NEWS

November 18, 2025 · 8:30 AM UTC

Precision Marshall Steel Achieves 99.98% Same-Day Shipment with New Customer Portal, Demonstrating Live Ventures' Modernization Playbook

Read more

November 11, 2025 · 8:30 AM UTC

Vintage Stock's Sales Surge as Nostalgia-Driven Collectibles Boom

Read more

October 24, 2025 · 7:33 AM UTC

Halper Sadeh LLC Encourages Live Ventures Incorporated Shareholders to Contact the Firm to Discuss Their Rights

Read more

September 17, 2025 · 2:20 PM UTC

Live Ventures Swings to $21.7M Net Income, Staking Its Claim as a Mini-Berkshire Hathaway (NASDAQ: LIVE)

Read more

September 17, 2025 · 8:30 AM UTC

Live Ventures Announces Successful Turnaround of its Subsidiary Flooring Liquidators

Read more