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Side-by-side financial comparison of LiveOne, Inc. (LVO) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.

LiveOne, Inc. is the larger business by last-quarter revenue ($20.3M vs $14.9M, roughly 1.4× EVERSPIN TECHNOLOGIES INC.). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -20.1%, a 18.1% gap on every dollar of revenue. On growth, EVERSPIN TECHNOLOGIES INC. posted the faster year-over-year revenue change (13.2% vs -31.2%). Over the past eight quarters, EVERSPIN TECHNOLOGIES INC.'s revenue compounded faster (18.2% CAGR vs -19.0%).

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

Everspin Technologies, Inc. is a publicly traded semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory (MRAM) products, including Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. It also licenses its technology for use in embedded MRAM (eMRAM) applications, magnetic sensor applications as well as performs backend foundry services for eMRAM.

LVO vs MRAM — Head-to-Head

Bigger by revenue
LVO
LVO
1.4× larger
LVO
$20.3M
$14.9M
MRAM
Growing faster (revenue YoY)
MRAM
MRAM
+44.4% gap
MRAM
13.2%
-31.2%
LVO
Higher net margin
MRAM
MRAM
18.1% more per $
MRAM
-2.0%
-20.1%
LVO
Faster 2-yr revenue CAGR
MRAM
MRAM
Annualised
MRAM
18.2%
-19.0%
LVO

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LVO
LVO
MRAM
MRAM
Revenue
$20.3M
$14.9M
Net Profit
$-4.1M
$-296.0K
Gross Margin
18.8%
52.7%
Operating Margin
-9.6%
29.0%
Net Margin
-20.1%
-2.0%
Revenue YoY
-31.2%
13.2%
Net Profit YoY
22.3%
EPS (diluted)
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LVO
LVO
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$20.3M
$14.8M
Q3 25
$18.8M
$14.1M
Q2 25
$19.2M
$13.2M
Q1 25
$19.3M
$13.1M
Q4 24
$29.4M
$13.2M
Q3 24
$32.6M
$12.1M
Q2 24
$33.1M
$10.6M
Net Profit
LVO
LVO
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$-4.1M
$1.2M
Q3 25
$-5.5M
$54.0K
Q2 25
$-3.6M
$-670.0K
Q1 25
$-10.4M
$-1.2M
Q4 24
$-5.2M
$1.2M
Q3 24
$-1.9M
$2.3M
Q2 24
$-1.2M
$-2.5M
Gross Margin
LVO
LVO
MRAM
MRAM
Q1 26
52.7%
Q4 25
18.8%
50.8%
Q3 25
13.8%
51.3%
Q2 25
12.4%
51.3%
Q1 25
30.8%
51.4%
Q4 24
24.3%
51.3%
Q3 24
24.8%
49.2%
Q2 24
24.2%
49.0%
Operating Margin
LVO
LVO
MRAM
MRAM
Q1 26
29.0%
Q4 25
-9.6%
-7.2%
Q3 25
-24.4%
-11.0%
Q2 25
-21.0%
-14.9%
Q1 25
-55.8%
-14.7%
Q4 24
-17.4%
-11.8%
Q3 24
-4.3%
-17.5%
Q2 24
-2.4%
-26.5%
Net Margin
LVO
LVO
MRAM
MRAM
Q1 26
-2.0%
Q4 25
-20.1%
8.1%
Q3 25
-29.5%
0.4%
Q2 25
-18.7%
-5.1%
Q1 25
-54.2%
-8.9%
Q4 24
-17.8%
9.2%
Q3 24
-5.7%
18.8%
Q2 24
-3.5%
-23.5%
EPS (diluted)
LVO
LVO
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$0.05
Q3 25
$0.00
Q2 25
$-0.03
Q1 25
$-0.05
Q4 24
$0.07
Q3 24
$0.10
Q2 24
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LVO
LVO
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$8.6M
$40.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-19.0M
$70.2M
Total Assets
$52.3M
$83.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LVO
LVO
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$8.6M
$44.5M
Q3 25
$11.7M
$45.3M
Q2 25
$11.9M
$45.0M
Q1 25
$4.1M
$42.2M
Q4 24
$10.9M
$42.1M
Q3 24
$11.1M
$39.6M
Q2 24
$6.2M
$36.8M
Stockholders' Equity
LVO
LVO
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$-19.0M
$68.9M
Q3 25
$-16.2M
$65.8M
Q2 25
$-20.8M
$64.1M
Q1 25
$-17.8M
$63.0M
Q4 24
$-8.4M
$62.6M
Q3 24
$-4.7M
$59.3M
Q2 24
$-3.8M
$55.4M
Total Assets
LVO
LVO
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$52.3M
$84.6M
Q3 25
$53.8M
$80.3M
Q2 25
$48.9M
$78.9M
Q1 25
$40.5M
$80.2M
Q4 24
$56.2M
$77.8M
Q3 24
$67.2M
$72.6M
Q2 24
$64.6M
$64.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LVO
LVO
MRAM
MRAM
Operating Cash FlowLast quarter
$-2.3M
$570.0K
Free Cash FlowOCF − Capex
$-2.9M
FCF MarginFCF / Revenue
-14.4%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-16.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LVO
LVO
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$-2.3M
$2.6M
Q3 25
$-3.2M
$881.0K
Q2 25
$-3.0M
$5.0M
Q1 25
$-4.3M
$1.4M
Q4 24
$3.5M
$3.8M
Q3 24
$5.8M
$2.8M
Q2 24
$1.3M
$1.7M
Free Cash Flow
LVO
LVO
MRAM
MRAM
Q1 26
Q4 25
$-2.9M
$-975.0K
Q3 25
$-4.0M
$543.0K
Q2 25
$-4.1M
$3.0M
Q1 25
$-5.2M
$527.0K
Q4 24
$2.7M
$2.1M
Q3 24
$5.2M
$2.8M
Q2 24
$606.0K
$1.7M
FCF Margin
LVO
LVO
MRAM
MRAM
Q1 26
Q4 25
-14.4%
-6.6%
Q3 25
-21.5%
3.9%
Q2 25
-21.2%
22.9%
Q1 25
-26.9%
4.0%
Q4 24
9.2%
15.8%
Q3 24
15.9%
22.9%
Q2 24
1.8%
15.9%
Capex Intensity
LVO
LVO
MRAM
MRAM
Q1 26
Q4 25
3.2%
24.3%
Q3 25
4.4%
2.4%
Q2 25
5.3%
15.1%
Q1 25
4.8%
6.9%
Q4 24
2.7%
13.2%
Q3 24
1.8%
0.5%
Q2 24
2.2%
0.3%
Cash Conversion
LVO
LVO
MRAM
MRAM
Q1 26
Q4 25
2.19×
Q3 25
16.31×
Q2 25
Q1 25
Q4 24
3.16×
Q3 24
1.25×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LVO
LVO

Advertising$15.8M78%
Membership Services$2.9M14%
Merchandising Revenue$1.6M8%

MRAM
MRAM

Product sales$14.1M95%
Licensing, royalty, patent, engineering services and other revenue$772.0K5%

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