Live Ventures posts $4.93 diluted EPS, driven by $22.7M net income

Live Ventures (NASDAQ:LIVE) today reported its financial results for the fiscal year ended September 30, 2025, showing a significant turnaround in profitability despite a modest dip in revenue.

The company posted total revenue of $444.9 million, a 5.9% decrease year-over-year, largely attributed to continued weakness in its housing-related segments.

Despite the revenue challenge, the company achieved substantial operational improvements, with gross margin increasing by 210 basis points to 32.7%.

This focus on efficiency led to a dramatic swing in profitability.

Operating income turned positive at $14.6 million, reversing a $13.6 million operating loss in the prior year.

Net income for the year was $22.7 million, translating to $4.93 diluted EPS.

This net income figure includes $28.2 million of one-time net gains realized during the period.

Excluding these factors, adjusted EBITDA showcased the underlying operational strength, climbing 36.3% year-over-year to reach $33.4 million.

The positive results reflect successful margin improvement initiatives, cost reductions, and benefits from the Central Steel acquisition, which offset the continued softness in the housing market.

In terms of capital allocation, Live Ventures repurchased 59,704 shares at an average price of $8.85 and ended the fiscal year with approximately $38.1 million in total cash availability.