Live Ventures Q2 FY26 turns to net loss of $2.45 million; revenue falls 3.8% to $102.9 million

Live Ventures Inc

Live Ventures Inc

LIVE

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  • Live Ventures posted a net loss of $2.45 million for quarter ended March 31, 2026, swinging from net income of $15.87 million a year earlier as revenue fell 3.8% to $102.9 million.
  • Adjusted EBITDA slipped 8.8% to $5.88 million, while gross margin rose 0.8 percentage point to 33.6%.
  • Results included a $4.01 million goodwill impairment charge at Precision Metal Works tied to sustained operating losses and performance below internal projections.
  • Retail-Flooring revenue dropped 26.2% to $20.21 million, while Retail-Entertainment climbed 14.8% to $21.21 million.
  • Cash on hand totaled $15.2 million at March 31, 2026, with $24.6 million of available borrowing capacity; PMW entered a forbearance agreement after a Fixed Charge Coverage Ratio covenant default, reclassifying $10.5 million of long-term debt to current liabilities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Ventures Incorporated published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-017110), on May 14, 2026, and is solely responsible for the information contained therein.