LiveOne Inc. has announced its financial results for the fourth quarter of Fiscal 2025, reporting a revenue of $19.3 million, down from $30.9 million in the same period the previous year. This decrease was primarily attributed to reductions in Slacker radio revenues. The company posted an operating loss of $8.2 million for Q4 Fiscal 2025, compared to a $1.2 million operating loss in the fourth quarter ended March 31, 2024. The adjusted EBITDA for Q4 Fiscal 2025 was $1.6 million, a decrease from the $2.8 million reported in Q4 Fiscal 2024. The Audio Division contributed $4.1 million in adjusted EBITDA, offset by negative contributions from Other Operations and Corporate operations. For the entire Fiscal 2025, CEO and Chairman Robert Ellin highlighted that the company exceeded its guidance for revenues and adjusted EBITDA. Ellin emphasized the positive impact of cost-reduction initiatives, which have improved profitability and market position. Capital expenditures for Q4 Fiscal 2025 were approximately $3.1 million, driven by investments in the development of LiveOne's integrated music player and pay-per-view services.