Jun. 18 at 12:18 PM
$LVO
🚨
Audio Division achieved record FY2025 revenue of
$108.9M, beating guidance by
$2.9M
Record Audio Division Adjusted EBITDA of
$18.2M, exceeding guidance by 51%
Consolidated revenue beat guidance by
$2.4M at
$114.4M
Successful implementation of cost-reduction initiatives improving profitability
Audio Division Q4 Adjusted EBITDA reached
$4.1M driven by improved Contribution Margins
Q4 FY2025 revenue declined to
$19.3M from
$30.9M year-over-year
Operating loss increased to
$8.2M in Q4 FY2025 from
$1.2M in Q4 FY2024
Q4 Adjusted EBITDA decreased to
$1.6M from
$2.8M year-over-year
Net loss for FY2025 increased to
$17.86M from
$13.31M in FY2024
Significant reduction in Slacker radio revenues reported
