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 Analysis

Slightly overvalued 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

Stable Share Price: LIVX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.3%

LIVX

0.1%

US Entertainment

-2.8%

US Market


1 Year Return

-70.5%

LIVX

-4.8%

US Entertainment

-15.9%

US Market

Return vs Industry: LIVX underperformed the US Entertainment industry which returned -3.7% over the past year.

Return vs Market: LIVX underperformed the US Market which returned -15.1% over the past year.


Shareholder returns

LIVXIndustryMarket
7 Day1.3%0.1%-2.8%
30 Day16.8%-10.4%-18.8%
90 Day-14.5%-15.1%-24.0%
1 Year-70.5%-70.5%-4.2%-4.8%-14.2%-15.9%
3 Yearn/a26.7%22.7%9.9%2.8%
5 Year-76.0%-76.0%59.4%49.7%27.2%13.3%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LIVX ($1.53) is trading below our estimate of fair value ($9.16)

Significantly Below Fair Value: LIVX is trading below fair value by more than 20%.


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 has negative assets, so we can't compare its PB Ratio to the US Entertainment industry average.


Next Steps

Future Growth

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

35.9%

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 (29% per year) is forecast to grow faster than the US market (7.1% per year).

High Growth Revenue: LIVX's revenue (29% 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?

-46.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LIVX is currently unprofitable.

Growing Profit Margin: LIVX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: LIVX is unprofitable, and losses have increased over the past 5 years at a rate of -46.6% 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 (10.3%).


Return on Equity

High ROE: LIVX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is LiveXLive Media's financial position?


Financial Position Analysis

Short Term Liabilities: LIVX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: LIVX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: LIVX has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: LIVX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: LIVX has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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 less than a year of cash runway if free cash flow continues to reduce at historical rates of -37.1% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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.


Stability and Growth of Payments

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

How experienced are the management team and are they aligned to shareholders interests?

1.6yrs

Average management tenure


CEO

Rob Ellin (52yo)

2.58s

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's total compensation ($USD528.59K) is about average for companies of similar size in the US market ($USD618.59K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Robert Ellin
Founder2.58yrsUS$528.59k10.18% $9.2m
Michael Zemetra
CFO, Executive VP & Secretary2yrsUS$1.64m0.028% $25.5k
Michael Bebel
Senior Executive Vice President1.25yrsUS$3.78m0.013% $11.5k
Jerome Gold
Chief Strategy Officer2yrsno data0.18% $160.6k
Dermot McCormack
President0.75yrno data0.012% $11.0k
Douglas Schaer
Chief Operating Officer2.92yrsUS$838.82k0.30% $267.8k
Jacqueline Stone
Chief Marketing Officer0.17yrno datano data
Alex Brough
Head of Salesno datano datano data
David Schulhof
Chief Development Officer1.25yrsno datano data
Russ Gilbert
Chief Digital Officerno datano datano data

1.6yrs

Average Tenure

48.5yo

Average Age

Experienced Management: LIVX's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Ellin
Founder2.58yrsUS$528.59k10.18% $9.2m
Jerome Gold
Chief Strategy Officer2yrsno data0.18% $160.6k
Steven Bornstein
Member of Advisory Board5.08yrsno datano data
Jules Haimovitz
Member of Advisory Boardno datano datano data
Kenneth Solomon
Independent Director0.92yrno datano data
Ramin Arani
Director1.25yrsUS$112.66kno data
Jay Krigsman
Independent Director8yrsUS$113.61k1.58% $1.4m
Patrick Wachsberger
Independent Director1.25yrsUS$103.71kno data
Craig Foster
Independent Director2.75yrsUS$118.55k0.000030% $27.0
Roger Werner
Member of Advisory Boardno datano datano data

2.4yrs

Average Tenure

56yo

Average Age

Experienced Board: LIVX's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: LIVX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.


Top Shareholders

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$90.086m
  • Shares outstanding: 58.88m
  • 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 LiveXLive, a live music streaming platform; and Slacker Radio, a streaming music service, as well as produces original music-related content. It also produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users; provides digital Internet radio and music services to users online and through original equipment manufacturers on a white label basis; and offers ancillary products and services, such as regulatory and post-implementation support services. In addition, the company offers an application that provides access to live events, audio streams, original episodic content, podcasts, video on demand, real-time livestreams, and social sharing of content. The company was formerly known as Loton, Corp. and changed its name to LiveXLive Media, Inc. in August 2017. LiveXLive Media, Inc. was founded in 2009 and is headquartered in West Hollywood, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 00:41
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
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.