LiveOne : Investor Presentation - February 2025

LVO

Investor Presentation

February 2025

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AT A GLANCE…

An award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events.

Listen Watch Attend Engage Transact

We give fans, brands, and bands the best seat in the house

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Financial Highlights

LIVEONE, INC. ANNUAL REVENUE (Fiscal Year ends March 31st)

2018 - $7.2M

2019 - $33.7M

2020 - $38.7M

2021 - $65.2M

2022 - $117M

2023 - $99.6M

2024 - $118.4M

2025 - $112M - $120M*

At the recent LiveOne stock price of $1.18 per share

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Peer Group Valuations

Enterprise Value (EV)

Revenue (TTM)

EV/Revenue

•LiveOne (LVO)

$120.28M

$127.8M

0.94

_________________________________________________________________________

•Sirius Radio (SIRI)

$18.01B

$8.8B

2.05

•Spotify (SPOT)

$104.41B

$15.1B

6.63

•iHeart Radio (IHRT)

$5.91B

$3.8B

1.55

•Stingray (RAY-A.TO) $956.70M

$367M

2.61

Peer Group Average EV/Revenue: 3.21

All Data pulled from Yahoo Finance on January 30, 2025

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Complementary Portfolio of Subsidiaries and Brands

PPV

DAYONE

Music

ONE

Publishing

Splitmind

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LiveOne's Model Addresses Five Large Market Verticals

MUSIC SUBSCRIPTIONS

2023 660

Million

1.1

2030 Billion

Over 6.8 billion

smartphone users projected globally by this year

PODCASTS

LIVESTREAM & PPV

MERCHANDISE

43% of podcast

listeners agree that

ads on this media

make them more

likely to purchase

products/services

Global video streaming

advertised

market expected to be

$252B by 2029 global

while live streaming

pay-per-view market is

Global licensed

expected to expand at

a CAGR of 15% from

merchandise market

2020 to 2027, reaching

expected to reach

$2.3 billion by 2027

$500B by 2030

MUSIC PUBLISHING

Music publishing is valued at $6.4B and is expected to grow at a CAGR of 5.8% to $9.2B in next five years.

Source: Houlihan Lokey Fall 2023 Report, MRI-Simmons, IFPI, BBC, Billboard, eMarketer, Facebook Live, Forbes, The Verge, Statista, Nielsen, Broker research, Grand View Resource, Morder Intelligence

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Freemium Membership Content Paired with Distribution Platform

6.6B+

2,900+

Audio Listens

Artists Streamed

since 01/01/20

since 01/01/20

148

Livestreamed Music Events

since 04/01/21

2,200+

Hours of Live Music

since 01/01/20

Membership Plans from $0 to $9.99 Per Month

Platforms

O&O TikTok

Tesla Twitter

STIRR Instagram

YouTube Facebook

220+

334M+

Countries and

Livestream views

territories by Live

Music Streaming

PodcastOne

Over 196 exclusive shows with

over 2.4+ billion podcast

downloads annually across - 350+ hours distributed weekly

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Growing Library of Franchises

Highly-rated Originals

Podcasts Partnerships

ContentOne studio to develop and distribute new originals and tentpole events across the platform

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LiveOne's Slacker Radio is a music streaming service that first launched in 2007, which offers a free ad-supported experience as well as multiple subscription options with millions of songs and access to expertly crafted stations, podcasts from PodcastOne, on-demand video programming, and livestream concerts and pay-per-view (PPV) events

CONTENT

50M+

500+

400k+

Tracks in Music

Expertly Crafted

Hours of Podcast

Catalog

Stations

Episodes

QUALITY

100M+

55

82B+

App Downloads

Net Promoter Score

Audio Listens since

Inception

OPPORTUNITY

* See About Non-GAAP Financial Measures in LiveOne's SEC filings and press releases

70+

$50M+

67%+

Partnerships in B2B

Serviceable

Music Subscription

Pipeline

Addressable Market

Growth by 2030

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Disclaimer

LiveOne Inc. published this content on February 25, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on February 25, 2025 at 14:20:07.103.