LIVE Live Ventures

Live Ventures, Inc. engages in the provision of online marketing solutions for small and medium business. It operates through the following segments; Retail and Online, Manufacturing, and Services. The Retail and Online segment comprises of Vintage Stock, ApplianceSmart, Modern Everyday, and LiveDeal. The Manufacturing segment focuses on Marquis, which is its carpet, hard surface, and synthetic turf products business. The Services segment offers directory services business. The company was founded in 1968 and is headquartered in Las Vegas, NV.
Company profile
Ticker
LIVE
Exchange
Website
CEO
Jon Isaac
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LIVEDEAL INC, RENAISSANCE INTERNATIONAL GROUP LTD, RIGL CORP, YP CORP, YP NET INC
SEC CIK
Corporate docs
IRS number
850206668
LIVE stock data
()
News
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2 Mar 21
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19 Feb 21
Stocks Making New 52-Week Highs/Lows For Tuesday, Feb. 16, 2021 (Via Benzinga Pro's Signals Tool)
16 Feb 21
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29 Jan 21
70 Stocks Moving In Thursday's Mid-Day Session
28 Jan 21
Investment data
Securities sold
Number of investors
Calendar
16 Feb 21
11 Apr 21
30 Sep 21
Financial summary
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Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.03 | 425 | 12.34K | 0 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.05 | 500 | 14.53K | 425 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.01 | 500 | 14.51K | 925 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 28.87 | 500 | 14.44K | 1,425 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.7 | 881 | 26.17K | 1,925 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.02 | 132 | 3.83K | 2,806 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.08 | 500 | 14.54K | 2,938 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.33 | 200 | 5.87K | 3,438 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 29.33 | 500 | 14.67K | 3,638 |
19 Feb 21 | Dennis Gao | Common Stock | Sell | Dispose S | No | No | 30.27 | 1,490 | 45.1K | 4,138 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
6.5% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 13 |
Opened positions | 0 |
Closed positions | 2 |
Increased positions | 2 |
Reduced positions | 1 |
13F shares |
Current |
---|---|
Total value | 1.25M |
Total shares | 101.02K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners |
Shares | Value |
---|---|---|
Renaissance Technologies | 45.2K | $561K |
Geode Capital Management | 15.14K | $187K |
Bridgeway Capital Management | 13.7K | $169K |
Sigma Planning | 12.79K | $159K |
Acadian Asset Management | 8.09K | $101K |
James Investment Research | 4.93K | $61K |
BLK Blackrock | 631 | $8K |
MS Morgan Stanley | 260 | $3K |
UBS UBS Group AG - Registered Shares | 257 | $3K |
FMR | 19 | $0 |
Financial report summary
?Risks
- Our results of operations could fluctuate due to factors outside of our control.
- If we do not effectively manage our growth and business, our management, administrative, operational, and financial infrastructure and results of operations may be materially adversely affected.
- We may not be able to secure additional capital to expand our existing operations.
- We may not be able to adequately protect our intellectual property rights.
- We may be subject to intellectual property claims that create uncertainty about ownership or use of technology essential to our business and divert our managerial and other resources.
- Data breaches involving customer or employee data stored by us could adversely affect our reputation and revenues.
- Tax matters, including the changes in corporate tax rates, disagreements with taxing authorities and imposition of new taxes could impact our results of operations and financial condition.
- We are involved in an ongoing SEC investigation, which could divert management’s focus, result in substantial investigation expenses and have an adverse impact on our reputation, financial condition, results of operations and cash flows.
- We may not be able to identify, acquire or establish control of, or effectively integrate previously acquired businesses, which could materially adversely affect our growth.
- The acquisition of new businesses is costly and such acquisitions may not enhance our financial condition.
- Because we do not intend to use our own employees or members of management to run the daily operations at our acquired companies, business operations might be interrupted if employees at the acquired businesses were to resign.
- The video game industry is cyclical and affected by the introduction of next-generation consoles, two of which were released in Fall 2020. The introduction of these new consoles could negatively impact the demand for existing products or Vintage Stock’s pre-owned business.
- Technological advances in the delivery and types of video, video games and PC entertainment software, as well as changes in consumer behavior related to these new technologies, could lower Vintage Stock’s sales
- Vintage Stock may not compete effectively as browser, mobile and social video viewing and gaming becomes more popular.
- Sales of video games containing graphic violence may decrease as a result of actual violent events or other reasons, and Vintage Stock’s, and our, financial results may be adversely affected as a result.
- ApplianceSmart is subject to risks and uncertainties with respect to the actions and decisions of its creditors and other third parties who have interests in the Chapter 11 Case that may be inconsistent with ApplianceSmart’s plans.
- ApplianceSmart’s businesses could suffer from a long and protracted restructuring.
- Operating as a Debtor in Possession under Chapter 11 of the Bankruptcy Code may restrict ApplianceSmart’s ability to pursue its business strategies.
- Sufficient debtor-in-possession financing may not be available and ApplianceSmart’s emergence from the Chapter 11 Case is not assured.
- Our senior management team and other key personnel may not be able to execute the ApplianceSmart business plan as currently developed, given the substantial attention required of such individuals by the Chapter 11 Case.
- ApplianceSmart may be subject to claims that will not be discharged in the Chapter 11 Case, which could have a material adverse effect on its results of operations and profitability.
- ApplianceSmart’s, and our consolidated, financial results may be volatile and may not reflect historical trends.
- ApplianceSmart may not have sufficient cash to maintain its operations during the Chapter 11 Case or fund its emergence from the bankruptcy.
- A disruption in ApplianceSmart’s relationships with, or in the operations of, any of ApplianceSmart’s key suppliers could cause ApplianceSmart’s, and our, net sales and profitability to decline.
- As a seller of certain consumer products, Vintage Stock and ApplianceSmart are subject to various federal, state, and local laws, regulations, and statutes related to product safety and consumer protection.
- International events could delay or prevent the delivery of products to our suppliers.
- If we are unable to renew or enter into new leases on favorable terms, our revenue growth may decline.
- An adverse trend in sales during the winter and holiday selling season could impact our financial results.
- Our results of operations may fluctuate from quarter to quarter.
- Failure to effectively manage our new store openings could lower our sales and profitability.
- If our management information systems fail to perform or are inadequate, our ability to manage our business could be disrupted.
- Because of our floating rate credit facilities, we may be adversely affected by interest rate changes.
- The floor covering industry is sensitive to changes in general economic conditions, such as consumer confidence and income, corporate and government spending, interest rate levels, availability of credit and demand for housing. Significant or prolonged declines in the U.S. or global economies could have a material adverse effect on the Company’s flooring manufacturing business.
- We may be unable to predict customer preferences or demand accurately, or to respond to technological developments.
- We face intense competition in the flooring industry that could decrease demand for our products or force us to lower prices, which could have a material adverse effect on our business.
- In periods of rising costs, we may be unable to pass raw materials, energy and fuel-related cost increases on to its customers, which could have a material adverse effect on our business.
- Limited availability, or volatility in prices of raw materials and energy may constrain operating levels and reduce profit margins.
- Shortages of qualified and trainable labor, increased labor costs, or our failure to attract and retain other highly qualified personnel in the future could disrupt our operations and adversely affect our financial results.
- Our operational footprint, unplanned equipment outages, and other unforeseen disruptions may adversely impact our results of operations.
- Our production and distribution workforce is unionized, and we may face labor disruptions that would interfere with our operations.
- We rely on third parties for transportation services, and increases in costs or the availability of transportation may adversely affect our business and operations
- We face risks relating to changes in U.S. and foreign tariffs, trade agreements, laws, and policies
- The steel industry is highly cyclical, which may have an adverse effect on our results of operations.
- We are subject to foreign currency risks, which may negatively impact our profitability and cash flows.
- Compliance with existing and new environmental regulations, environmental permitting and approval requirements may result in delays or other adverse impacts on planned projects, our results of operations and cash flows.
- Increasing pressure to reduce greenhouse gas (GHG) emissions from steelmaking operations to comply with EU regulations as well as societal expectations could increase costs to manufacture future raw materials or reduce the amount of materials being manufactured.
- Due to our concentrated stock ownership, public stockholders may have no effective voice in our management and the trading price of our common stock may be adversely affected.
- Because we have no current plans to pay cash dividends on our common stock for foreseeable future, you may not receive any return on investment unless you sell your shares of common stock for a price greater than that which you paid for it.
- Certain provisions of Nevada law, in our organizational documents and in contracts to which we are party may prevent or delay a change of control of our company.
Management Discussion
- ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- For a description of our significant accounting policies and an understanding of the significant factors that influenced our performance during the three months ended December 31, 2020, this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (hereafter referred to as “MD&A”) should be read in conjunction with the condensed consolidated financial statements, including the related notes, appearing in Part I, Item 1 of this Quarterly Report on Form 10-Q, as well as our Annual Report on Form 10-K for the fiscal year ended September 30, 2020 (the “2020 Form 10-K”).
- This Quarterly Report on Form 10-Q includes statements that constitute “forward-looking statements.” These forward-looking statements are often characterized by the terms “may,” “believes,” “projects,” “intends,” “plans,” “expects,” or “anticipates,” and do not reflect historical facts.
Content analysis
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H.S. freshman Avg
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Removed:
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Financial reports
10-Q
2021 Q1
Quarterly report
16 Feb 21
10-K
2020 FY
Annual report
13 Jan 21
NT 10-K
Notice of late annual filing
29 Dec 20
10-Q
2020 Q3
Quarterly report
14 Aug 20
10-Q/A
2020 Q2
Quarterly report (amended)
14 Aug 20
10-Q/A
2020 Q1
Quarterly report (amended)
14 Aug 20
10-Q
2020 Q2
Quarterly report
15 May 20
10-Q
2020 Q1
Quarterly report
13 Apr 20
NT 10-Q
Notice of late quarterly filing
17 Feb 20
10-K
2019 FY
Annual report
9 Feb 20
Current reports
8-K
Live Ventures Announces First Quarter Fiscal 2021 Financial Results
16 Feb 21
8-K
Termination of a Material Definitive Agreement
2 Feb 21
8-K
Live Ventures Announces Full Repayment of $24 Million Term Loan
21 Jan 21
8-K
Live Ventures Announces Fiscal 2020 Financial Results
13 Jan 21
8-K
Other Events
9 Oct 20
8-K
Entry into a Material Definitive Agreement
2 Oct 20
8-K/A
Entry into a Material Definitive Agreement
28 Sep 20
8-K
Live Ventures Announces Third Quarter Fiscal 2020 Financial Results
14 Aug 20
8-K
Regulation FD Disclosure
31 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
24 Jul 20
Registration and prospectus
1-A
Offering $50M in Debt
27 Aug 20
POS AM
Prospectus update (post-effective amendment)
1 Mar 17
424B5
Prospectus supplement for primary offering
10 Dec 15
S-8
Registration of securities for employees
17 Aug 14
424B5
Prospectus supplement for primary offering
19 May 14
S-3/A
Shelf registration (amended)
3 Apr 14
S-3/A
Shelf registration (amended)
12 Mar 14
S-3
Shelf registration
13 Feb 14
424B5
Prospectus supplement for primary offering
23 Jan 14
424B5
Prospectus supplement for primary offering
7 Jan 14
Proxies
DEF 14A
Definitive proxy
25 Jun 20
DEF 14A
Definitive proxy
25 Jun 19
DEF 14A
Definitive proxy
25 Jun 18
DEF 14A
Definitive proxy
1 Jun 17
DEF 14A
Definitive proxy
12 Jun 16
DEF 14A
Definitive proxy
31 May 15
PRE 14A
Preliminary proxy
20 May 15
DEF 14A
Definitive proxy
22 Jun 14
PRER14A
Preliminary revised proxy
19 Jun 14
PRE 14A
Preliminary proxy
9 Jun 14
Other
UPLOAD
Letter from SEC
23 Jul 19
CORRESP
Correspondence with SEC
8 May 19
UPLOAD
Letter from SEC
25 Apr 19
CORRESP
Correspondence with SEC
16 Apr 19
UPLOAD
Letter from SEC
9 Apr 19
EFFECT
Notice of effectiveness
12 Mar 17
UPLOAD
Letter from SEC
23 Jun 14
CORRESP
Correspondence with SEC
19 Jun 14
UPLOAD
Letter from SEC
16 Jun 14
EFFECT
Notice of effectiveness
9 Apr 14
Ownership
4
LIVE VENTURES / Dennis Gao ownership change
19 Feb 21
4/A
LIVE VENTURES / Jon Isaac ownership change
11 Feb 21
4
LIVE VENTURES / Jon Isaac ownership change
1 Feb 21
4
LIVE VENTURES / Jon Isaac ownership change
13 Jan 21
4
LIVE VENTURES / Michael Jason Stein ownership change
13 Jan 21
4
LIVE VENTURES / Antonios Isaac ownership change
13 Jan 21
4
LIVE VENTURES / Jon Isaac ownership change
3 Sep 20
3
LIVE VENTURES / Thomas Robert Sedlak ownership change
15 Jul 20
4
LIVE VENTURES / Jon Isaac ownership change
29 May 20
4
LIVE VENTURES / Jon Isaac ownership change
11 Sep 19
Transcripts
2019 Q3
Earnings call transcript
15 Aug 19
2019 Q2
Earnings call transcript
15 May 19
2019 Q1
Earnings call transcript
13 Feb 19
2018 Q4
Earnings call transcript
28 Dec 18
2018 Q3
Earnings call transcript
15 Aug 18
2018 Q2
Earnings call transcript
15 May 18
2018 Q1
Earnings call transcript
15 Feb 18
2017 Q4
Earnings call transcript
28 Dec 17
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