It ended FY 2021 with over 1.075 million paid subscribers showing excellent overall growth.
The company also provided an update on its impressive growth metrics. Its upcoming Social Gloves live event in Miami has the potential to be a huge revenue driver for the company as its flywheel business model kicks into high gear. As vaccination rates climb and COVID cases decline, this could set LIVX up to raise guidance even further. Intriguingly, this increased guidance does not even include any revenue from its live events business due to COVID-19. Last month, LIVX announced it was increasing its revenue guidance for the fiscal year ending March 31, 2022, to $100 million to $110 million with Adjusted Operating Income of $1.5 million to $3.0 million, which would be up from updated revenue guidance for the fiscal year ended March 31, 2021, of $64.5 million to $65.5 million. May 20, 2021) - PCG Digital - With LiveXLive (NASDAQ: LIVX) presenting at premier investor conference s on May 19 th and the 26 th that will be attended by some of the biggest institutional investors, it will be very interesting to hear more about what is driving the company's growth. LiveXLive Media Raises Guidance and Its Investor Presentations at Needham's and J.P. Company Overview Our Team Our Commitment Success Stories Upcoming Events Careers.
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