

GAAP basis, LiveXLive recorded a loss from operations of ($10.0) million and a net loss of ($8.1) million. The increases were driven by growth in advertising, merchandising, pay-per-view ("PPV") and sponsorship revenue.

In Q1 Fiscal 2022, LiveXLive posted record revenue of $38.8 million, as well as record contribution margin* of $7.8 million. 12, 2021 /PRNewswire/ - LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for live stream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture, and owner of PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions ("CPS"), announced today record revenue and contribution margin* for its first fiscal quarter ended J("Q1 Fiscal 2022"). was founded in 2009 and is headquartered in West Hollywood, California.LOS ANGELES, Aug. and changed its name to LiveXLive Media, Inc. The company was formerly known as Loton, Corp. In addition, it offers an application that provides access to live events, audio streams, original episodic content, podcasts, video on demand, real-time livestreams, and social sharing of content. The company also produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users provides digital Internet radio and music services to users online and through original equipment manufacturers on a white label basis and offers ancillary products and services, such as regulatory and post-implementation support services. It operates LiveXLive, a live music streaming platform and Slacker Radio, a streaming music service, as well as produces original music-related content. LiveXLive Media, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting, and music-related streaming and video content.
