Live Ventures Posts 5.9% Revenue Loss for 2025, Income Positive

Las Vegas, NV, December 12, 2025-Live Ventures reported fiscal year 2025 revenue of $444.9 million, a 5.9% decline compared to $472.8 million in the prior year.

Net income increased $49.4 million, or 185.2%, to $22.7 million, compared to a net loss of $26.7 million in the prior year. 

The Retail-Flooring segment revenue for fiscal year 2025 was approximately $122.3 million, a decrease of approximately $14.7 million, or 10.7%, compared to approximately $137.0 million in the prior year. The decrease was primarily attributable to the disposition of certain Johnson Floor and Home stores in May 2024, as well as to decreased consumer demand driven by the ongoing weakness in the housing market. Operating loss for fiscal year 2025 was approximately $7.7 million, compared to an operating loss of approximately $25.5 million for the prior year. The prior year's operating loss included an $18.1 million goodwill impairment charge. Excluding the goodwill impairment charge in the prior year, the slight increase in operating loss was primarily due to decreases in revenues and gross margin, partially offset by lower operating expenses driven by cost-reduction initiatives implemented in fiscal year 2025.

The Flooring Manufacturing segment revenue for fiscal year 2025 was approximately $121.6 million, a decrease of approximately $11.5 million, or 8.6%, compared to approximately $133.0 million in the prior year. The decrease in revenue was primarily due to reduced consumer demand as a result of the ongoing weakness in the housing market. Operating income for fiscal year 2025 was approximately $7.2 million, a 12.2% decline compared to approximately $8.2 million for the prior year. The decrease in operating income was primarily due to lower revenue for fiscal year 2025.

Live Ventures portfolio includes Marquis Industries, a carpet manufacturer, and retailer Flooring Liquidators.