NasdaqCM:LIVX

Stock Analysis Report

Executive Summary

LiveXLive Media, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content.

Snowflake

Fundamentals

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has LiveXLive Media's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.2%

LIVX

0.2%

US Entertainment

0.5%

US Market


1 Year Return

-39.5%

LIVX

1.2%

US Entertainment

6.8%

US Market

Return vs Industry: LIVX underperformed the US Entertainment industry which returned 1.2% over the past year.

Return vs Market: LIVX underperformed the US Market which returned 6.8% over the past year.


Shareholder returns

LIVXIndustryMarket
7 Day3.2%0.2%0.5%
30 Day-25.5%-1.3%-0.8%
90 Day-31.5%-4.6%-0.9%
1 Year-39.5%-39.5%2.0%1.2%9.2%6.8%
3 Year-91.1%-91.1%52.4%47.5%45.6%36.2%
5 Year-84.7%-84.7%90.3%78.4%63.2%45.4%

Price Volatility Vs. Market

How volatile is LiveXLive Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LiveXLive Media undervalued compared to its fair value and its price relative to the market?

46.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate LIVX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate LIVX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: LIVX is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: LIVX is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LIVX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LIVX is overvalued based on its PB Ratio (47x) compared to the US Entertainment industry average (2.7x).


Next Steps

Future Growth

How is LiveXLive Media forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

42.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LIVX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LIVX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LIVX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LIVX's revenue (43.1% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: LIVX's revenue (43.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LIVX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has LiveXLive Media performed over the past 5 years?

-51.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: LIVX is unprofitable, and losses have increased over the past 5 years at a rate of -51.6% per year.

Accelerating Growth: Unable to compare LIVX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LIVX is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (21.5%).


Return on Equity

High ROE: LIVX has a negative Return on Equity (-2113.59%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: LIVX is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: LIVX is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is LiveXLive Media's financial position?


Financial Position Analysis

Short Term Liabilities: LIVX's short term assets ($16.0M) do not cover its short term liabilities ($37.2M)

Long Term Liabilities: LIVX's short term assets (16.0M) exceeds its long term liabilities (14.9M)


Debt to Equity History and Analysis

Debt Level: LIVX's debt to equity ratio (939.2%) is considered high

Reducing Debt: LIVX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: LIVX has a low level of unsold assets or inventory.

Debt Coverage by Assets: LIVX's debt is not covered by short term assets (assets are 0.9x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LIVX has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: LIVX has sufficient cash runway for 1.186428 years if free cash flow continues to reduce at historical rates of -43.4% each year.


Next Steps

Dividend

What is LiveXLive Media's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate LIVX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate LIVX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if LIVX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LIVX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LIVX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of LiveXLive Media's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average management tenure


CEO

Rob Ellin (52yo)

2.1yrs

Tenure

US$528,589

Compensation

Mr. Robert S. Ellin, also known as Rob, has been Chief Executive Officer at LiveXLive Media, Inc. (formerly, Loton, Corp.) since September 1, 2017 and served as its President from September 9, 2011 to Sept ...


CEO Compensation Analysis

Compensation vs. Market: Rob has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.

Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.


Management Age and Tenure

0.9yrs

Average Tenure

48.5yo

Average Age

Experienced Management: LIVX's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Age and Tenure

2.3yrs

Average Tenure

55yo

Average Age

Experienced Board: LIVX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: LIVX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$86521 Sep 19
Trinad Management LLC
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Shares400
Max PriceUS$2.16
BuyUS$6,89119 Sep 19
Trinad Management LLC
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Robert Ellin
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Chief Executive Officer
Founder
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Trinad Management LLC
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Robert Ellin
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Chief Executive Officer
Founder
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Trinad Management LLC
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Trinad Management LLC
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Trinad Management LLC
EntityCompany
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Robert Ellin
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Role
Chief Executive Officer
Founder
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Trinad Management LLC
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Robert Ellin
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Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Max PriceUS$6.06
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Max PriceUS$5.99
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
Shares4,677
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
Shares3,200
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
Shares4,800
Max PriceUS$5.84
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Michael Zemetra
EntityIndividual
Role
Chief Financial Officer
CFO, Executive VP & Secretary
Shares16,667
Max PriceUS$3.00
BuyUS$25,00215 Jan 19
Douglas Schaer
EntityIndividual
Shares8,334
Max PriceUS$3.00
BuyUS$16,89411 Dec 18
Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
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Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
Shares3,900
Max PriceUS$4.15
BuyUS$64,30721 Nov 18
Robert Ellin
EntityIndividual
Role
Chief Executive Officer
Founder
Shares16,201
Max PriceUS$4.05

Ownership Breakdown


Management Team

  • Rob Ellin (52yo)

    Founder

    • Tenure: 2.1yrs
    • Compensation: US$528.59k
  • Dermot McCormack (49yo)

    President

    • Tenure: 0.3yrs
  • Mike Bebel (57yo)

    Senior Executive Vice President

    • Tenure: 0.8yrs
    • Compensation: US$3.78m
  • Jonathan Anastas

    Chief Marketing Officer

    • Tenure: 1.3yrs
  • David Schulhof (47yo)

    Chief Development Officer

    • Tenure: 0.8yrs
  • Mike Zemetra (48yo)

    CFO, Executive VP & Secretary

    • Tenure: 1.5yrs
    • Compensation: US$1.64m
  • Rahman Dukes

    Head of Urban Programming

    • Tenure: 0.08yrs
  • Russ Gilbert (42yo)

    Chief Digital Officer

    • Tenure: 0yrs
  • Tad Ro

    Head of Product

    • Tenure: 1yrs
  • Alex Brough

    Head of Sales

    • Tenure: 0yrs

Board Members

  • Rob Ellin (52yo)

    Founder

    • Tenure: 2.1yrs
    • Compensation: US$528.59k
  • Steve Bornstein (66yo)

    Member of Advisory Board

    • Tenure: 4.6yrs
  • Jules Haimovitz (68yo)

    Member of Advisory Board

    • Tenure: 0yrs
  • Ken Solomon (56yo)

    Director

    • Tenure: 0.4yrs
  • Ramin Arani (49yo)

    Director

    • Tenure: 0.8yrs
    • Compensation: US$112.66k
  • Jay Krigsman (54yo)

    Director

    • Tenure: 7.5yrs
    • Compensation: US$113.61k
  • Patrick Wachsberger (67yo)

    Director

    • Tenure: 0.8yrs
    • Compensation: US$103.71k
  • Craig Foster (49yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$118.55k
  • Roger Werner

    Member of Advisory Board

    • Tenure: 0yrs

Company Information

LiveXLive Media, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LiveXLive Media, Inc.
  • Ticker: LIVX
  • Exchange: NasdaqCM
  • Founded: 2009
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: US$92.735m
  • Shares outstanding: 57.60m
  • Website: https://www.livexlive.com

Number of Employees


Location

  • LiveXLive Media, Inc.
  • 9200 Sunset Boulevard
  • Suite 1201
  • West Hollywood
  • California
  • 90069
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LIVXNasdaqCM (Nasdaq Capital Market)YesNew Common StockUSUSDJun 2011
351DB (Deutsche Boerse AG)YesNew Common StockDEEURJun 2011

Biography

LiveXLive Media, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, and music-related streaming and video content. The company operates ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 00:39
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.