LiveOne Inc. has released its financial results for the fiscal year ended March 31, 2025. The company, known for its involvement in live music, internet radio, and podcasting, reported a continuation of operating losses, primarily due to the live events segment not generating sufficient direct revenue to cover production costs. Despite this, LiveOne remains focused on expanding its music services, with growth reliant on converting OEM drivers to direct subscribers and attracting sponsors and advertisers. The company's strategy includes negotiating favorable terms with music labels and festival owners to enhance its platform's attractiveness. Although specific figures for sales, revenues, and net income were not mentioned, LiveOne's senior management continues to monitor operating results and explore potential financing and acquisition opportunities to improve financial performance.
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