vs

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

REDWOOD TRUST INC is the larger business by last-quarter revenue ($25.9M vs $20.3M, roughly 1.3× LiveOne, Inc.). REDWOOD TRUST INC runs the higher net margin — 77.2% vs -20.1%, a 97.3% gap on every dollar of revenue. On growth, REDWOOD TRUST INC posted the faster year-over-year revenue change (-6.1% vs -31.2%). Over the past eight quarters, LiveOne, Inc.'s revenue compounded faster (-19.0% CAGR vs -41.0%).

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.

Redwood Trust Inc is a specialized U.S.-headquartered real estate investment trust (REIT). It manages investment portfolios covering residential and commercial mortgage loans, mortgage-backed securities, and real estate credit assets. Its core segments include residential mortgage lending, commercial real estate credit, and investment management, serving institutional investors and real estate market stakeholders.

LVO vs RWT — Head-to-Head

Bigger by revenue
RWT
RWT
1.3× larger
RWT
$25.9M
$20.3M
LVO
Growing faster (revenue YoY)
RWT
RWT
+25.1% gap
RWT
-6.1%
-31.2%
LVO
Higher net margin
RWT
RWT
97.3% more per $
RWT
77.2%
-20.1%
LVO
Faster 2-yr revenue CAGR
LVO
LVO
Annualised
LVO
-19.0%
-41.0%
RWT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
LVO
LVO
RWT
RWT
Revenue
$20.3M
$25.9M
Net Profit
$-4.1M
$20.0M
Gross Margin
18.8%
Operating Margin
-9.6%
Net Margin
-20.1%
77.2%
Revenue YoY
-31.2%
-6.1%
Net Profit YoY
22.3%
402.6%
EPS (diluted)
$0.11

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
RWT
RWT
Q4 25
$20.3M
$25.9M
Q3 25
$18.8M
$15.0M
Q2 25
$19.2M
$13.8M
Q1 25
$19.3M
$27.9M
Q4 24
$29.4M
$27.6M
Q3 24
$32.6M
$25.5M
Q2 24
$33.1M
$67.4M
Q1 24
$30.9M
$74.5M
Net Profit
LVO
LVO
RWT
RWT
Q4 25
$-4.1M
$20.0M
Q3 25
$-5.5M
$-7.7M
Q2 25
$-3.6M
$-98.5M
Q1 25
$-10.4M
$16.1M
Q4 24
$-5.2M
$-6.6M
Q3 24
$-1.9M
$14.8M
Q2 24
$-1.2M
$15.5M
Q1 24
$-2.3M
$30.3M
Gross Margin
LVO
LVO
RWT
RWT
Q4 25
18.8%
Q3 25
13.8%
Q2 25
12.4%
Q1 25
30.8%
Q4 24
24.3%
Q3 24
24.8%
Q2 24
24.2%
Q1 24
25.5%
Operating Margin
LVO
LVO
RWT
RWT
Q4 25
-9.6%
Q3 25
-24.4%
-9.0%
Q2 25
-21.0%
-679.0%
Q1 25
-55.8%
80.2%
Q4 24
-17.4%
-1.3%
Q3 24
-4.3%
86.1%
Q2 24
-2.4%
30.3%
Q1 24
-3.7%
41.3%
Net Margin
LVO
LVO
RWT
RWT
Q4 25
-20.1%
77.2%
Q3 25
-29.5%
-51.4%
Q2 25
-18.7%
-712.0%
Q1 25
-54.2%
57.8%
Q4 24
-17.8%
-24.0%
Q3 24
-5.7%
58.1%
Q2 24
-3.5%
23.0%
Q1 24
-7.4%
40.6%
EPS (diluted)
LVO
LVO
RWT
RWT
Q4 25
$0.11
Q3 25
$-0.08
Q2 25
$-0.76
Q1 25
$0.10
Q4 24
$-0.08
Q3 24
$0.09
Q2 24
$0.10
Q1 24
$0.21

Balance Sheet & Financial Strength

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

Metric
LVO
LVO
RWT
RWT
Cash + ST InvestmentsLiquidity on hand
$8.6M
$255.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-19.0M
$982.6M
Total Assets
$52.3M
$23.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LVO
LVO
RWT
RWT
Q4 25
$8.6M
$255.7M
Q3 25
$11.7M
$226.3M
Q2 25
$11.9M
$302.0M
Q1 25
$4.1M
$259.9M
Q4 24
$10.9M
$245.2M
Q3 24
$11.1M
$253.7M
Q2 24
$6.2M
$275.6M
Q1 24
$7.0M
$275.4M
Total Debt
LVO
LVO
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.7B
Stockholders' Equity
LVO
LVO
RWT
RWT
Q4 25
$-19.0M
$982.6M
Q3 25
$-16.2M
$999.0M
Q2 25
$-20.8M
$1.1B
Q1 25
$-17.8M
$1.2B
Q4 24
$-8.4M
$1.2B
Q3 24
$-4.7M
$1.2B
Q2 24
$-3.8M
$1.2B
Q1 24
$-8.7M
$1.2B
Total Assets
LVO
LVO
RWT
RWT
Q4 25
$52.3M
$23.7B
Q3 25
$53.8M
$22.6B
Q2 25
$48.9M
$21.3B
Q1 25
$40.5M
$19.9B
Q4 24
$56.2M
$18.3B
Q3 24
$67.2M
$18.4B
Q2 24
$64.6M
$16.5B
Q1 24
$63.9M
$15.1B
Debt / Equity
LVO
LVO
RWT
RWT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.39×

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
RWT
RWT
Operating Cash FlowLast quarter
$-2.3M
$-10.1B
Free Cash FlowOCF − Capex
$-2.9M
FCF MarginFCF / Revenue
-14.4%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
-504.15×
TTM Free Cash FlowTrailing 4 quarters
$-16.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LVO
LVO
RWT
RWT
Q4 25
$-2.3M
$-10.1B
Q3 25
$-3.2M
$-2.7B
Q2 25
$-3.0M
$-2.1B
Q1 25
$-4.3M
$-2.0B
Q4 24
$3.5M
$-5.9B
Q3 24
$5.8M
$-2.1B
Q2 24
$1.3M
$-2.0B
Q1 24
$3.0M
$-954.2M
Free Cash Flow
LVO
LVO
RWT
RWT
Q4 25
$-2.9M
Q3 25
$-4.0M
Q2 25
$-4.1M
Q1 25
$-5.2M
Q4 24
$2.7M
Q3 24
$5.2M
Q2 24
$606.0K
Q1 24
$2.1M
FCF Margin
LVO
LVO
RWT
RWT
Q4 25
-14.4%
Q3 25
-21.5%
Q2 25
-21.2%
Q1 25
-26.9%
Q4 24
9.2%
Q3 24
15.9%
Q2 24
1.8%
Q1 24
6.8%
Capex Intensity
LVO
LVO
RWT
RWT
Q4 25
3.2%
Q3 25
4.4%
Q2 25
5.3%
Q1 25
4.8%
Q4 24
2.7%
Q3 24
1.8%
Q2 24
2.2%
Q1 24
3.1%
Cash Conversion
LVO
LVO
RWT
RWT
Q4 25
-504.15×
Q3 25
Q2 25
Q1 25
-120.92×
Q4 24
Q3 24
-140.86×
Q2 24
-126.56×
Q1 24
-31.53×

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%

RWT
RWT

Segment breakdown not available.

Related Comparisons