As Compared to Fiscal 2020, Shareholder Equity increased by $20.3 Million, Working Capital Increased by $18.5 million, and Cash Increased by $9 Million to $21.0 Million in Q2 Fiscal 2021
Revenue Streams Diversified in Q2 Fiscal 2021 comprised of 53% Subscription, 39% Advertising and Sponsorship and 8% Pay-Per-View Ticketing compared to 94% Subscription and 6% Advertising in Q2 Fiscal 2020 Adjusted Operating Loss (AOL)* from Core Operations was ($0.1) Million in Q2 Fiscal 2021, an Improvement of $2.0 Million when Compared to Q2 fiscal 2020 AOL* of ($2.1) Million Q2 Fiscal 2021 GAAP Loss from Operations was ($7.1) Million, a 28% Improvement Contribution Margin* Increased Over 148% to a Record 29.3% in Q2 Fiscal 2021, up from 11.8% in Q2 fiscal 2020 Revenue Increased 52% YOY to a Record $14.6 Million in Q2 Fiscal 2021 It's a way of connecting you to the festival community and making the concert experience about the most important thing: the music.Ī LiveXLive Radio Plus subscription costs $47.88, but we're running a sale in time for summer: readers can join for $19.99 right now.LiveXLive Media Announces Q2 Fiscal 2021 Results And 10th Consecutive Quarter Of Record Revenue If you don't want to shell out hundreds of dollars to travel to EDC Las Vegas, LiveXLive is the next best option. Beyond just watching concert streams, you can also listen to recorded songs and browse through curated radio stations. Right now, there are more than 35 global music festivals streaming on the platform. This ingenious app runs live streams of today's major music events, from festivals to concerts, featuring artists like Taylor Swift, The Chainsmokers, Katy Perry, Post Malone, Tiesto, and Travis Scott. Skip all of that and focus on the music by subscribing to LiveXLive Radio Plus. Passes cost hundreds of dollars, festival sites are overcrowded to maximize revenue, and there are influencer scams every which way you look. But what was once a great American tradition borne of Woodstock is now not much more than a money-grab.
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