Live Ventures Incorporated (LIVE US) · 10+ Years of Financial statements

Income Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	13	4	4	3	2	7	33	79	152	200	193	192	273	287	355
+ Sales & Services Revenue	13	4	4	3	2	7	33	79	152	200	193	192	273	287	355
- Cost of Revenue	6	1	4	1	1	5	22	59	89	125	122	116	174	189	240
+ Cost of Goods & Services	6	1	4	1	1	5	22	59	89	125	122	116	174	189	240
Gross Profit	7	3	- -	2	1	2	11	20	63	74	71	75	99	98	116
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	18	12	6	3	4	7	18	18	44	63	68	55	64	67	100
+ Selling, General & Admin	18	12	6	3	4	7	18	18	44	63	68	55	64	67	100
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-11	-9	-5	-1	-3	-4	-6	2	18	11	3	20	36	31	15
- Non-Operating (Income) Loss	- -	- -	- -	1	3	- -	8	- -	8	- -	9	5	-4	-1	14
+ Interest Expense, Net	- -	- -	- -	1	3	- -	4	4	8	9	6	5	5	4	13
+ Interest Expense	- -	- -	- -	1	3	- -	4	4	8	9	6	5	5	4	13
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	3	-4	- -	-8	3	- -	-9	-5	1
Pretax Income	-11	-9	-5	-2	-6	-5	-14	2	11	10	-6	16	40	32	1
- Income Tax Expense (Benefit)	3	- -	- -	- -	- -	- -	- -	-16	4	4	-2	5	9	7	2
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-14	-9	-5	-2	-6	-5	-15	18	7	6	-4	11	31	25	- -
- Net Extraordinary Losses (Gains)	8	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -
+ Discontinued Operations	-8	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	17	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	- -
Income (Loss) Incl. MI	-23	-7	-6	-2	-6	-5	-15	18	7	6	-4	11	31	25	- -
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-23	-7	-6	-2	-6	-5	-15	18	7	6	-4	11	31	25	- -
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-23	-7	-6	-2	-6	-5	-15	18	6	6	-4	11	31	25	- -
Basic Weighted Avg Shares	- -	- -	- -	1	2	2	3	3	2	2	2	2	2	3	3
Basic EPS, GAAP	-71.49	-23.6	-16.57	-1.53	-3.67	-2.13	-5.58	6.33	2.94	3.01	-2.11	6.4	19.92	7.94	-0.03
Basic EPS from Cont Ops	-45.32	-27.15	-16.22	-1.54	-3.67	-2.13	-5.6	6.38	2.94	3.01	-2.11	6.24	19.81	7.94	-0.03
Diluted Weighted Avg Shares	- -	- -	- -	1	2	2	3	3	4	4	2	4	3	3	3
Diluted EPS, GAAP	-71.49	-23.6	-16.57	-1.53	-3.67	-2.13	-5.58	5.4	1.61	1.58	-2.11	3.09	9.8	7.84	-0.03
Diluted EPS from Cont Ops	-45.32	-27.15	-16.22	-1.54	-3.67	-2.13	-5.6	5.43	1.61	1.58	-2.11	3.02	9.74	7.84	-0.03
EBITDA	-8	-8	-5	-1	-2	-4	-5	5	23	17	9	28	42	39	35
EBITDA Margin (%)	-61.71	-188.16	-116.03	-22.38	-105.19	-55.18	-16.11	6.89	15.21	8.44	4.62	14.47	15.52	13.61	9.72
EBITA	-11	-9	-5	-1	-3	-4	-6	2	18	11	3	20	36	31	15
EBIT	-11	-9	-5	-1	-3	-4	-6	2	18	11	3	20	36	31	15
Gross Margin (%)	52.44	73.39	11.69	76.7	61.04	28.06	33.73	25.3	41.15	37.17	36.67	39.28	36.44	34.1	32.54
Operating Margin (%)	-78.8	-208.77	-129.84	-30.85	-116.42	-61.93	-19.25	2.94	11.9	5.41	1.68	10.65	13.11	10.75	4.35
Profit Margin (%)	-168.11	-175.91	-134.75	-51.3	-244.36	-64.16	-43.95	22.58	4.28	2.97	-2.08	5.7	11.43	8.62	-0.03
Sales per Employee	114,860	184,302	340,284	80,803	106,903	64,869	110,496	285,033	125,566	172,842	193,288	166,713	217,862	229,714	202,839
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	2	1	1	- -	- -	- -	1	3	5	6	6	7	7	8	19

Balance Sheet	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	11	4	1	2	1	14	26	25	56	66	56	96	99	135	183
+ Cash, Cash Equivalents & STI	8	3	- -	1	1	8	3	1	4	3	3	9	5	5	4
+ Cash & Cash Equivalents	8	3	- -	1	1	8	3	1	4	3	3	9	5	5	4
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	3	1	1	- -	- -	1	8	8	11	14	12	20	22	30	42
+ Accounts Receivable, Net	1	1	1	- -	- -	1	8	8	11	13	12	20	22	26	41
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	1
+ Inventories	- -	- -	- -	- -	- -	4	13	11	35	46	39	65	71	98	131
+ Raw Materials	- -	- -	- -	- -	- -	- -	7	7	8	10	8	13	19	36	33
+ Work In Process	- -	- -	- -	- -	- -	- -	1	1	1	1	2	12	12	8	9
+ Finished Goods	- -	- -	- -	- -	- -	5	6	5	27	37	30	43	42	57	94
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	-1	-1	-1	-1	-3	-2	-2	-4
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	- -	- -	- -	1	2	6	6	3	2	2	2	2	5
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	4	3	2	2	3	4	15	28	73	75	67	101	113	144	239
+ Property, Plant & Equip, Net	1	- -	- -	- -	- -	- -	12	14	23	28	23	61	66	98	135
+ Property, Plant & Equip	1	1	1	- -	1	- -	13	17	30	40	36	75	87	125	172
- Accumulated Depreciation	1	1	1	- -	- -	- -	1	3	7	12	14	14	21	27	37
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	3	2	2	2	3	4	2	14	50	47	44	40	47	46	104
+ Total Intangible Assets	2	2	1	2	3	4	2	2	41	44	39	39	46	45	102
+ Goodwill	- -	- -	- -	- -	- -	1	1	- -	37	37	37	38	41	41	76
+ Other Intangible Assets	2	2	1	2	3	3	2	2	4	7	2	1	5	4	27
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	- -	- -	- -	- -	- -	- -	13	9	4	5	1	1	1	1
Total Assets	15	7	3	4	4	18	41	53	129	141	122	197	212	279	422
+ Payables & Accruals	1	1	1	1	1	3	10	12	17	22	27	25	28	27	54
+ Accounts Payable	1	- -	1	1	1	2	6	5	10	16	15	13	11	11	27
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	2	3	2	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	1	- -	- -	- -	- -	4	6	7	5	11	9	14	14	26
+ ST Debt	- -	- -	1	- -	- -	1	1	2	49	14	8	20	25	29	39
+ ST Borrowings	- -	- -	1	- -	- -	1	1	2	49	14	8	13	18	21	27
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7	7	8	12
+ Other ST Liabilities	- -	- -	- -	- -	- -	1	- -	- -	- -	1	- -	12	11	- -	5
+ Deferred Revenue	- -	- -	- -	- -	- -	1	- -	- -	- -	1	- -	- -	- -	- -	5
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12	11	- -	- -
Total Current Liabilities	2	1	2	1	1	4	11	14	66	38	35	57	65	56	98
+ LT Debt	- -	- -	- -	- -	- -	1	21	15	29	64	53	95	69	115	206
+ LT Borrowings	- -	- -	- -	- -	- -	1	21	15	29	64	53	67	40	65	125
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	28	29	50	81
+ Other LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	3	10	18
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	9	14
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	- -	2	4
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	1	21	15	29	65	53	96	72	125	224
Total Liabilities	2	1	2	1	1	5	32	29	95	102	88	154	137	181	322
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	20	20	21	24	30	45	53	60	63	64	64	64	65	65	69
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	20	20	21	24	30	45	53	60	63	64	64	64	65	65	69
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	1	2	2	4	5	7	8
+ Retained Earnings	-7	-15	-20	-22	-27	-32	-47	-35	-29	-23	-27	-16	15	40	39
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Equity Before Minority Interest	13	6	1	3	3	13	6	24	34	39	34	44	76	98	100
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	2	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	13	6	1	3	3	13	8	24	34	39	34	44	75	97	100
Total Liabilities & Equity	15	7	3	4	4	18	41	53	129	141	122	197	212	279	422
Shares Outstanding	- -	- -	- -	1	2	2	3	3	2	2	2	2	2	3	3
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35	37	58	93
Net Debt	-8	-3	1	-1	-1	-7	20	17	73	76	58	72	53	81	147
Net Debt to Equity	-58.06	-56.62	101.26	-46.15	-24.02	-50.17	239.24	69.03	218.78	195.67	169.54	164.15	70.52	83.41	147.19
Tangible Common Equity Ratio	85.51	74.51	-30.7	36.33	27.12	62.75	15.49	43.47	-8.65	-4.98	-6.02	3.06	17.46	22.35	-0.72
Current Ratio	6.4	3.47	0.49	1.26	1.22	3.19	2.34	1.83	0.84	1.76	1.59	1.67	1.52	2.39	1.87
Cash Conversion Cycle	59.49	-41.81	23.31	-347.73	-259.29	121.31	149.32	76.88	90.56	106.17	103.52	157.53	145.69	173.95	183.32
Number of Employees	117	23	12	38	22	112	302	277	1,211	1,155	1,000	1,150	1,253	1,249	1,751

Cash Flow Statement	2009 Y	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-14	-9	-6	-2	-6	-5	-15	18	7	6	-4	11	31	25	- -
+ Depreciation & Amortization	2	1	1	- -	- -	- -	1	3	5	6	6	7	7	8	19
+ Non-Cash Items	8	2	1	1	3	1	11	-13	3	-1	3	4	-1	-5	7
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Income Taxes	5	- -	- -	- -	- -	- -	- -	-16	4	4	-2	4	4	6	- -
+ Asset Impairment Charge	16	- -	- -	- -	- -	- -	4	1	- -	- -	3	1	- -	5	- -
+ Other Non-Cash Adj	-13	2	- -	1	3	- -	6	1	-1	-6	1	-1	-5	-16	6
+ Chg in Non-Cash Work Cap	1	2	- -	1	- -	-2	2	- -	-7	1	14	7	-8	-22	- -
+ (Inc) Dec in Accts Receiv	2	2	- -	- -	1	- -	- -	- -	-3	-1	2	-1	-2	-6	4
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	-3	2	2	-4	-5	7	12	-8	-20	-10
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	-2	-2	4	1	- -	- -	2	2
+ Inc (Dec) in Accts Payable	-1	- -	- -	- -	-1	2	- -	- -	2	3	4	-5	3	-3	7
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6	-3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-3	-4	-4	- -	-2	-5	-1	8	8	12	19	29	29	6	26
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	3	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	- -	- -	-1	- -	- -	- -	-3	-7	-9	-3	-4	-11	-12	-10
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	-3	-6	-9	-2	-4	-11	-12	-10
+ Acq of Intangible Assets	-1	- -	- -	- -	- -	- -	- -	- -	- -	-1	- -	- -	-1	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	-1	-6	- -	-47	- -	- -	-5	-6	-28	-54
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	-1	-6	- -	-47	- -	- -	-5	-6	-28	-54
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	7	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	6	- -	- -	-1	- -	-1	-6	-3	-54	-9	- -	-9	-17	-40	-64
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	1	-2	- -	- -	-1	-6	34	-5	-18	-12	-15	15	25
+ Cash From Debt	- -	- -	1	- -	- -	1	3	15	37	28	1	7	2	25	36
+ Repayments of Debt	- -	- -	- -	-2	- -	-1	-4	-22	-3	-32	-19	-19	-17	-11	-10
+ Cash (Repurchase) of Equity	-1	- -	- -	2	- -	14	1	- -	-1	-1	-1	-2	- -	-3	-1
+ Increase in Capital Stock	- -	- -	- -	2	- -	14	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-1	- -	- -	- -	- -	- -	- -	- -	-1	-1	-1	-2	- -	-3	-1
+ Other Financing Activities	- -	- -	- -	1	1	- -	2	-1	16	1	- -	- -	-1	22	14
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-1	- -	1	2	1	14	1	-7	49	-4	-19	-14	-16	34	38
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	3	-4	-3	1	-1	7	-5	-2	3	-2	- -	6	-4	- -	- -
Capital Expenditures	-1	- -	- -	-1	- -	- -	- -	-3	-7	-9	-3	-4	-11	-12	-10
EBITDA	-8	-8	-5	-1	-2	-4	-5	5	23	17	9	28	42	39	35
EBITDA Margin (%)	-61.71	-188.16	-116.03	-22.38	-105.19	-55.18	-16.11	6.89	15.21	8.44	4.62	14.47	15.52	13.61	9.72
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	1	6	- -	47	- -	- -	5	6	28	54
Free Cash Flow	-4	-4	-4	-1	-2	-5	-1	5	1	2	16	25	18	-6	16
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	6	7	- -	28	22	-2	15
Free Cash Flow to Equity	-3	-4	-3	-2	-2	-5	-2	-1	35	-2	1	13	4	9	41
Free Cash Flow per Basic Share	-12.02	-13.39	-13.02	-0.49	-1.24	-2.42	-0.47	1.66	0.62	1.24	8.65	14.59	11.35	-1.84	5.1
Price/Free Cash Flow	-4.43	-0.81	-0.26	18.84	-6.4	-7.65	-33.68	3.4	3.26	1.53	0.75	0.96	2.93	4.22	2.48
Cash Flow to Net Income	0.13	0.53	0.79	-0.02	0.31	1.11	0.07	0.44	1.21	2	-4.75	2.63	0.94	0.26	-254.85

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