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Live Ventures (LIVE) investor relations material
Live Ventures Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating income rose 352.9% to $3.5 million, driven by cost optimization and improved operating discipline.
Adjusted EBITDA increased 35.7% to $7.8 million, despite softness in housing-related markets.
Net loss was $0.1 million (EPS: -$0.02), compared to net income of $0.5 million (EPS: $0.16) in the prior year, which included non-recurring gains.
Amended and extended multiple credit facilities for subsidiaries, including a $47M facility for steel manufacturing and an $8M revolver for retail entertainment, both with updated terms and covenants.
Flooring segment's Eclipse Business Capital facility extended to February 2026, with revised covenants and reporting requirements.
Financial highlights
Total revenue declined 2.7% to $108.5 million, mainly due to lower sales in Retail-Flooring and Steel Manufacturing.
Gross profit was stable at $35.4 million; gross margin improved by 90 bps to 32.6%.
General and administrative expenses fell 7.4% to $27.8 million; sales and marketing expenses dropped 10.4% to $4.1 million.
Interest expense decreased 14.4% to $3.6 million due to lower average debt balances.
Operating expenses decreased, supporting margin expansion.
Outlook and guidance
A comprehensive strategy to integrate AI, robotics, and data analytics is being rolled out to modernize operations and reinforce cost discipline.
Amended facilities provide liquidity and flexibility for operations and acquisitions through at least 2026, subject to ongoing covenant compliance.
Continued focus on operational improvements and cost-reduction initiatives to drive future growth.
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