Live Ventures Clocks 42% Revenue Growth In FY21

by Shivani Kumaresan, Benzinga Staff Writer

December 22, 2021 11:10 AM | 1 min read

Live Ventures Inc LIVE reported FY21 sales growth of 42.4% year-on-year, to $272.98 million.
The revenue from retail grew 21% Y/Y, Flooring manufacturing climbed 19%, and Steel manufacturing jumped 519%.
EPS of $9.80 versus $3.09 a year earlier.
The gross profit rose 32% Y/Y to $99.5 million. The operating margin was 13.1%, and operating income for the quarter rose 75% to $35.8 million.
The company held $4.7 million in cash and equivalents as of September 30, 2021.
Price Action: LIVE shares are trading higher by 4.74% at $35 on the last check Wednesday.