Andy Vick joins LiveOne’s Web3/Crypto Advisory Board

LOS ANGELES - LiveOne (NASDAQ:LVO), a music, entertainment, and technology platform with a market capitalization of $72 million, announced Thursday that Andy Vick has joined its Web3/Crypto Advisory Board. According to InvestingPro data, while the company maintains a positive cash position relative to its debt, it faces profitability challenges with negative earnings in the last twelve months.

According to the company’s press release, Vick brings more than 15 years of leadership experience in media and technology communities, including artificial intelligence, virtual and augmented reality, and blockchain technology. He has co-founded multiple NFT and Web3 projects that reportedly generated over $100 million in primary sales. This appointment comes as LiveOne’s stock has experienced significant volatility, with InvestingPro analysis showing a 56% decline year-to-date and revenue declining by 3.4% in the last twelve months.

LiveOne Chairman and CEO Robert Ellin stated that the company aims to leverage Vick’s expertise to drive revenues and explore new tokenization and blockchain opportunities with its content library, which includes over 200 podcasters and more than 10,000 hours of video content.

Vick previously worked with LiveOne on the Social Gloves project, where he designed and developed NFTs that delivered over $3 million in profits, according to the company statement.

"I’m excited to rejoin Rob and the LiveOne team," Vick said in the press release.

Vick’s background includes founding a top 5 blockchain-enabled video game and involvement with Maker Studios, which was acquired by Disney for $750 million, and Surreal VR Inc, which was acquired by STX Entertainment.

LiveOne is headquartered in Los Angeles and operates several subsidiaries including Slacker, PodcastOne (NASDAQ:PODC), PPVOne, Custom Personalization Solutions, LiveXLive, DayOne Music Publishing, Drumify and Splitmind.

The company trades on the Nasdaq under the ticker LVO. Based on InvestingPro’s Fair Value analysis, LiveOne appears to be undervalued at its current trading price of $0.64. Investors seeking deeper insights can access the comprehensive Pro Research Report, which provides detailed analysis of LiveOne’s financial health, market position, and growth prospects, along with 10 additional ProTips available exclusively to subscribers.

In other recent news, LiveOne Inc. reported its financial results for the fourth quarter of 2025, showing a mixed performance. The company experienced a significant earnings miss with actual earnings per share at -$0.08, compared to the forecasted -$0.0416. Revenue also fell short, reaching $19.3 million against the expected $24.02 million. In addition to its financial results, LiveOne announced the pricing of a public offering of 11,833,334 shares of common stock at $0.75 per share, expected to generate approximately $8.9 million in gross proceeds. The company plans to allocate a portion of these proceeds to a Bitcoin yield treasury strategy. Furthermore, LiveOne entered into agreements to convert Series A Perpetual Convertible Preferred Stock into common shares and issued warrants in a private placement. Freedom Broker recently lowered its price target for LiveOne to $1.40 from $1.50, while maintaining a Buy rating. This adjustment follows LiveOne’s fiscal year 2025 results, which aligned with management guidance and analyst forecasts, driven by momentum at PodcastOne.

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