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Live Ventures Registers ~5% Revenue Growth In Q4

Live Ventures Registers ~5% Revenue Growth In Q4

Live Ventures在第四季度实现了约5％的收入增长
Benzinga Real-time News ·  2022/12/15 10:37
  • Live Ventures Inc (NASDAQ:LIVE) reported fourth quarter FY22 sales growth of 4.6% year-on-year to $73.78 million.
  • Revenue from Retail fell 3.7% Y/Y, Flooring Manufacturing climbed 0.7%, and Steel Manufacturing jumped 50.9%.
  • EPS loss for the quarter was $(0.20) versus $2.23 profit a year earlier.
  • Gross profit declined 10.6% Y/Y to $22.9 million. Operating income for the quarter fell 86.8% to $1.2 million.
  • The company attributed the decrease in operating income to the impairment of goodwill and other intangible assets at SW Financial and inflationary cost increases.
  • Adjusted EBITDA for the quarter decreased 37.5% to $7.2 million, primarily due to inflationary cost increases.
  • As of September 30, 2022, the company had total cash availability of $31.0 million, consisting of cash on hand of $4.6 million and cash availability under its various lines of credit of $26.4 million.
  • Price Action: LIVE shares are trading higher by 1.23% at $24.75 on the last check Thursday.
  • Live Ventures Inc.纳斯达克(Alipay：LIVE)报告称，22财年第四季度销售额同比增长4.6%，达到7,378万美元。
  • 零售业收入同比下降3.7%，地板制造业收入上升0.7%，钢铁制造业收入同比增长50.9%。
  • 该季度每股收益亏损0.20美元，而去年同期利润为2.23美元。
  • 毛利润同比下降10.6%，至2290万美元。该季度营业收入下降86.8%，至120万美元。
  • 该公司将营业收入的减少归因于西南金融公司商誉和其他无形资产的减值以及通货膨胀成本的增加。
  • 该季度调整后的EBITDA下降了37.5%，降至720万美元，这主要是由于通货膨胀成本的增加。
  • 截至2022年9月30日，该公司的总现金可用金额为3100万美元，其中手头现金为460万美元，各种信贷额度下的现金可用金额为2640万美元。
  • 价格行动：在周四的最后一次检查中，Live股价上涨1.23%，至24.75美元。
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