Live Ventures (LIVE) investor relations material

Executive summary

• Revenue for Q3 2026 was $108.9 million, down 3.2% year-over-year, mainly due to a sharp decline in Retail-Flooring, partially offset by growth in Retail-Entertainment and Steel Manufacturing; three of four segments delivered year-over-year growth.

• Net loss for the quarter was $1.1 million, compared to net income of $5.4 million in the prior year, driven by lower revenue and higher operating expenses.

• Adjusted EBITDA for the quarter was $9.3 million, down 29.5% year-over-year, reflecting lower revenue and profitability.

• Gross margin expanded to 34.1% from 34.0% year-over-year.

• Cash and credit availability totaled $39.8 million at quarter-end.

Financial highlights

• Total revenue decreased 3.2% year-over-year to $108.9 million, primarily due to a $9 million decline in Retail-Flooring.

• Gross profit fell 3.1% to $37.1 million, while gross margin improved by 10 basis points to 34.1%.

• Operating income dropped 34% to $5.3 million, and Adjusted EBITDA decreased 29.5% to $9.3 million.

• Net loss was $1.1 million, or $0.34 per share, compared to net income of $5.4 million and EPS of $1.24 in the prior year period.

• Prior year benefited from $2.8 million in one-time gains (employee retention credits and settlement of a holdback liability).

Outlook and guidance

• Management remains focused on initiatives to improve performance across all segments and drive sustainable long-term value.

• Initiatives are underway to address ongoing weakness in Retail-Flooring.

• Management expects available cash, operating cash flow, and revolver capacity to provide sufficient liquidity for at least the next 12 months.

• The company may raise additional funds through borrowings or equity as needed for acquisitions or strategic investments.