GAAP basis, LiveXLive recorded a loss from operations of ($10.0) million and a net loss of ($8.1) million.
The increases were driven by growth in advertising, merchandising, pay-per-view ("PPV") and sponsorship revenue.
In Q1 Fiscal 2022, LiveXLive posted record revenue of $38.8 million, as well as record contribution margin* of $7.8 million. 12, 2021 /PRNewswire/ - LiveXLive Media (Nasdaq: LIVX) ("LiveXLive"), a global platform for live stream and on-demand audio, video and podcast/vodcast content in music, comedy and pop culture, and owner of PodcastOne, Slacker Radio, React Presents and Custom Personalization Solutions ("CPS"), announced today record revenue and contribution margin* for its first fiscal quarter ended J("Q1 Fiscal 2022").
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