Fiscal year 2025 marked a significant turnaround for Live Ventures Incorporated. Progress was driven by decisive actions, including strategic pricing and targeted cost-reduction initiatives, resulting in a 36.3% increase in fiscal year 2025 Adjusted EBITDA to $33.4M, compared to the prior year. Live Ventures strengthened operational discipline and improved its cost structure while navigating continued softness in new home construction and home refurbishment markets. The company executed effectively in a challenging environment and delivered solid margin improvement. Looking ahead, Live Ventures believes the actions taken during fiscal year 2025 position the company for continued progress as it focuses on driving sustainable profitability and enhancing overall business performance.
Automation and artificial intelligence are becoming defining advantages across the company’s portfolio. From AI in marketing to robotics in manufacturing and autonomous logistics in retail, Live Ventures is building systems designed for the AI era.
A large portion of the U.S. middle market is made up of profitable, long-standing businesses operating in essential industries such as retail, manufacturing, steel, and distribution. While these companies often generate stable cash flow and hold strong market positions, many remain constrained by outdated systems, fragmented logistics, manual processes, and limited access to growth capital.
These structural inefficiencies can lead to margin pressure, slower inventory turns, inconsistent service levels, and reduced competitiveness—particularly during economic cycles that demand cost discipline, speed, and operational precision. As industries evolve toward data-driven and automated models, the gap between operational potential and actual performance continues to widen.
Live Ventures Incorporated (NASDAQ:LIVE) addresses this gap through a disciplined middle-market acquisition strategy focused on modernization and long-term value creation. The company acquires cash-generative businesses with durable market positions and partners with experienced management teams to unlock operational upside.
Through targeted investments in AI, automation, digital infrastructure, and operational discipline, Live Ventures enhances efficiency across its portfolio—improving inventory management, accelerating throughput, strengthening margins, and increasing service reliability. This buy-build-hold approach allows acquired businesses to scale without sacrificing culture or customer relationships, while creating a platform for sustainable profitability and compounded shareholder value.
Live Ventures Incorporated (NASDAQ:LIVE) is a diversified holding company focused on compounding long-term shareholder value through disciplined middle-market acquisitions and operational excellence.
The company acquires cash-generative U.S. businesses with durable market positions and partners with experienced management teams to preserve culture while unlocking operational upside. The portfolio includes Marquis Industries, Vintage Stock, Precision Marshall Steel, and Flooring Liquidators.
Following acquisition, Live Ventures applies a proven buy-build-hold approach, emphasizing cost discipline, margin improvement, and targeted investments in modernization, automation, and data-driven systems.
With a diversified earnings base, improving profitability, and a patient capital mindset, Live Ventures is positioned to navigate market cycles while pursuing sustainable growth and disciplined capital allocation.
Operating one of the most advanced carpet mills in the industry, Marquis Industries designs, manufactures, sources and distributes both hard and soft floor covering for the residential and commercial markets. From yarn extrusion to final product, Marquis Industries provides quality control through four wholly owned U.S. facilities.
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Vintage Stock, an award-winning entertainment retailer, sells new and pre-owned movies, classic and current generation video games and systems, music on CD & LP, collectible comics, books, toys, and more. Vintage Stock, through its stores and website, ships product worldwide directly to the customer's doorstep.
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Precision Marshall Steel Company’s primary mission is to provide higher value in the products and services we provide than can be found from our competitors. When it comes to meeting and exceeding your service and product quality needs, our goal is to maintain our devotion to continuous improvement in all elements of our business.
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Flooring Liquidators is a California-based company providing flooring, cabinets, countertops, and installation services across California and Nevada. We operate 30 warehouse-format stores and design centers, serving both retail and builder customers. Our family of businesses includes Flooring Liquidators retail locations and Elite
GO TO SITEMr. Jon Isaac has served as a director of our Company since December 2011 and has served as our President and Chief Executive Officer since January 2012. Mr. Isaac also previously served as our Chief Financial Officer beginning in 2013 until January 2017. He is the founder of Isaac Capital Group, LLC ("ICG") a privately held investment company. At ICG, Mr. Isaac has closed a variety of multi-faceted real estate deals and has experience in aiding public companies to implement turnarounds and in raising capital. Mr. Isaac studied Economics and Finance at the University of Ottawa, Canada.
Mr. Verret became Chief Accounting Officer of the Company on September 29, 2021 and was appointed as Chief Financial Officer on March 1, 2022. For the decade prior to joining the Company, he was the Chief Accounting Officer at BrinksHome Security™, where he also had held other accounting positions. In the preceding 13 years, he was employed by KPMG LLP in its audit practice. During David’s tenure at KPMG, he worked as a member of its audit staff (1998 to 2003) and then as a Manager and Senior Manager (2003 to 2011) in Dallas, Texas. Mr. Verret holds a Bachelor of Business Administration in Accounting, as well as a Master of Science, both from Texas Tech University.
Mr. Tony Isaac has served as a director of our Company since December 2011 and in July 2012 began leading the Company’s efforts regarding financial planning and strategy. He has also served as a director of ALT5 Sigma Corporation, formerly JanOne Inc. (NasdaqCM: ALTS) since May 2015 and as its Chief Executive Officer from May 2016 to September 2024. He currently serves as its President. Mr. Isaac’s specialty is negotiation and problem-solving of complex real estate and business transactions. Mr. Isaac graduated from Ottawa University, where he majored in Commerce and Business Administration and Economics.
Live Ventures Incorporated (NASDAQ:LIVE) is a disciplined middle-market holding company focused on building long-term shareholder value through strategic acquisitions and operational excellence.
During fiscal year 2025, Live Ventures generated approximately $445M in revenue and delivered Adjusted EBITDA of $33.4M, reflecting a meaningful profitability turnaround driven by margin improvement, cost discipline, and operational execution.
The company’s diversified portfolio includes Marquis Industries, Vintage Stock, Precision Marshall Steel, The Kinetic Co., and Flooring Liquidators, operating across steel, flooring, manufacturing, and retail-entertainment—industries with durable demand and large U.S. market footprints.
Through a buy-build-hold strategy, patient capital allocation, and increasing use of modernization and AI-enabled systems, Live Ventures offers investors a differentiated, public-market platform designed to compound value across economic cycles.
i - https://finance.yahoo.com/news/live-ventures-reports-fiscal-2025-133000116.html
ii - https://finance.yahoo.com/news/live-ventures-company-engineers-autonomous-140000263.html
iii - https://www.imarcgroup.com/united-states-steel-market
iv - https://www.marketdataforecast.com/market-reports/us-flooring-market
v - ://www.grandviewresearch.com/horizon/outlook/collectibles-market/united-states
vi - https://www.sec.gov/Archives/edgar/data/1045742/000095017023022750/live_-_424b3.htm
vii - https://www.liveventures.com/
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Issuer-paid advertisement. [Live Ventures Inc .] (“LIVE” or the “Company”) has a current agreement to pay Publisher $1,200,000 in cash for 1 Year of marketing services including communicating information about the Company to the Public, currently Publisher has received $300,000. This advertorial (“advertisement” or “Advertorial”) is part of those issuer-paid marketing services. The contract with LIVE was effective on August 1st, 2025 and continues for 1 year (the “Term”) unless it is terminated by written notice of either party prior to the end of the Term or extended. As a result of this advertisement and other marketing efforts, Publisher also may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of this advertisement, Publisher holds no securities of the Company and does not intend to purchase any securities during the Term. This advertisement and other marketing efforts may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of LIVE, increased trading volume, and possibly an increased share price of the LIVE’s securities, which may or may not be temporary and decrease once the marketing services have ended.
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We do not own any shares in LIVE. We have signed an agreement to be compensated One Million Two Hundred Thousand Dollars Cash $1,200,000 by the issuer, we have been currently compensated Three Hundred Thousand Dollars Cash ($300,000) via bank wire transfer directly from the issuer Live Ventures Inc for 1 Year of distribution of Marketing regarding LIVE with a start date of 08/01/2025.