Live Ventures

What Live Ventures does

Live Ventures Incorporated (NASDAQ: LIVE) is a Las Vegas-based diversified holding company that acquires and operates U.S. middle-market businesses, primarily those generating $5-50 million in annual earnings. Originally incorporated in 1968 as Nuclear Corporation of New Mexico and repositioned in 2015 under CEO Jon Isaac, the company employs 1,001-5,000 people across a portfolio spanning textile, flooring, tools, steel, entertainment, and financial services. Operating subsidiaries include Marquis Industries (hard and soft floor covering manufacturing across four U.S. facilities), Flooring Liquidators (30+ warehouse-format retail stores across California, Nevada, and Idaho), Vintage Stock (entertainment retail with global e-commerce), Precision Marshall Steel, Precision Metal Works, Central Steel Fabricators (data center and telecom steel fabrication), Harris Flooring Group, and The Kinetic Co.

The company monetizes through wholesale and retail product sales across diversified physical-product categories rather than software or subscription pricing. AI and automation are deployed as operational layers — most notably the proprietary 'No Excuses AI' demand-forecasting system at Flooring Liquidators and robotic welding at Central Steel Fabricators — to drive margin improvement rather than as standalone revenue products. Growth is driven by serial bolt-on M&A funded through a combination of operating cash flow, debt, and equity from affiliated Isaac Capital Group, with a stated buy-build-hold strategy targeting long-term ownership of acquired entities.

For the year ended September 30, 2025, Live Ventures reported revenue of $444.9 million and adjusted EBITDA of $33 million, with total assets of $387 million and shareholders' equity of $95 million. Recent strategic emphasis has shifted toward data center and telecommunications steel fabrication via Central Steel Fabricators, balance-sheet de-risking through a $47M Steel segment refinancing and roughly $33.5 million of debt reduction, and margin expansion evidenced by 210 bps gross margin growth in FY2025 and a 352.9% increase in operating income in Q1 FY2026.

Name

Live Ventures

Legal name

Live Ventures Incorporated

Website

https://live-ventures.com

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Live Ventures is a Las Vegas-based diversified holding company (NASDAQ: LIVE) that acquires and operates U.S. middle-market businesses across flooring, steel, entertainment retail, and related industries, generating $445 million in FY2025 revenue from a portfolio of wholly-owned operating subsidiaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Manufacturing and Distribution: Live Ventures generates revenue through its portfolio of operating subsidiaries in manufacturing and distribution across multiple industries including flooring, textiles, steel, tools, and entertainment. Revenue is derived from product sales, both wholesale and retail.
2. Retail Operations: Retail revenue from Flooring Liquidators (30+ warehouse-format stores in California, Nevada, and Midwest) and Vintage Stock entertainment retail locations, selling directly to consumers and builder customers.
3. Acquisition-Driven Growth: The company grows through acquisitions of middle-market companies, expecting acquisitions to be immediately accretive to earnings and add significant revenue (e.g., Precision Metal Works expected to add $75 million annually).

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Live Ventures is a diversified holding company that acquires, owns, and operates U.S.-based middle-market companies through a buy-build-hold strategy. Its subsidiaries manufacture and distribute floor covering (carpet, hardwood, cabinets, countertops), produce precision-fabricated steel products for data centers and telecommunications, manufacture metal stamping and tools, and operate entertainment retail stores selling new and pre-owned movies, video games, music, comics, and collectibles. The company also provides flooring installation services through Elite Builder Services.

Product overview

Live Ventures is a diversified holding company that does not offer a single unified product but operates a portfolio of independent subsidiary companies across distinct industries. The portfolio includes Marquis Industries (hard/soft floor covering manufacturing with four U.S. facilities), Vintage Stock (entertainment retail of movies, games, music, collectibles), Precision Marshall Steel (steel products and services), Flooring Liquidators (retail flooring and installation with 30+ stores across California, Nevada, Idaho, including Elite Builder Services), Central Steel Fabricators (precision-fabricated steel for data centers/telecommunications with 2,300+ SKUs), and Harris Flooring Group (hardwood and engineered wood brands). The company uses proprietary AI systems including 'No Excuses AI' for demand forecasting across Flooring Liquidators.

Differentiator

Problem solved

Functional benefit

Products and services

• Marquis Industries Floor Covering Hard and soft floor covering products (carpet and hard surface flooring) manufactured and distributed for residential and commercial markets, sold wholesale through four wholly-owned U.S. facilities with end-to-end quality control from yarn extrusion to finished product.
• Vintage Stock Entertainment Retail Retail and online sale of new and pre-owned movies, video games and systems, music on CD and LP, collectible comics, books, and toys, shipping product worldwide directly to the customer's doorstep.
• Precision Marshall Steel Products Steel products and services focused on providing higher value than competitors through continuous improvement across all elements of the business, serving steel manufacturing customers.
• Flooring Liquidators Retail and Installation Warehouse-format retail and builder supply of flooring, cabinets, countertops, and installation services across California, Nevada, and Idaho, serving both retail and builder customers through 30+ stores and design centers.
• Central Steel Fabricators Precision Steel Systems Precision-fabricated steel systems including cable management systems, structural frames, and custom components serving data center and telecommunications contractors, with 2,300+ SKUs and 500+ customers.
• Harris Flooring Group Hardwood and engineered wood flooring brands sold across North America, extending Live Ventures' flooring portfolio.
• Elite Builder Services Installation Professional flooring installation services under the Flooring Liquidators family of businesses for residential and commercial construction projects.
• Precision Metal Works Stamping and Manufacturing Metal stamping and manufacturing products and services from a Kentucky-based facility serving industrial customers.
• The Kinetic Co. Tools Tool manufacturing products sold through industrial and consumer channels.

Quantifiable outcome

• 80%+ reduction in damage rates through AI implementation at Flooring Liquidators
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature2 records

Partnerships

One partnership is on record.

• Q.E.P. Co. Inc.coreStrategic or Co-development Partner · 1 September 2023Live Ventures acquired Harris Flooring Group brands from Q.E.P. Co. Inc. for approximately $10 million in September 2023. The acquisition expanded Live Ventures' hardwood and engineered wood flooring portfolio across North America.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Interface, Inc. Global manufacturer of modular carpet and resilient flooring for commercial markets—directly comparable to Marquis Industries' hard and soft floor covering manufacturing business.
• Compass Diversified Holdings: Publicly traded holding company that acquires and manages middle-market businesses across consumer, industrial, and services verticals—directly comparable to Live Ventures' buy-build-hold strategy and acquisition-driven growth model.
• Olympic Steel: Specialty steel processor and distributor serving industrial, automotive, and construction end markets—comparable in scale and customer mix to Live Ventures' steel manufacturing subsidiaries.
• Gibraltar Industries: Manufacturer of building products serving residential, infrastructure, and renewable energy markets with a stated focus on acquisitions of middle-market businesses—comparable to Live Ventures' M&A-driven diversification.
• Insteel Industries: Manufacturer of steel wire reinforcing products for construction and infrastructure end markets—a similarly sized steel manufacturer comparable to Precision Marshall, Precision Metal Works, and Central Steel Fabricators.
• Patrick Industries: Diversified building products manufacturer with an active M&A strategy focused on residential construction end markets—closely comparable to Live Ventures' Flooring Liquidators, Marquis Industries, and Harris Flooring flooring portfolio.
• Mueller Industries: Diversified manufacturer of copper, brass, aluminum, and plastic products serving plumbing, HVAC, and industrial markets—a multi-vertical industrial holding comparable in size and structure to Live Ventures.

Broad incumbents

• Mohawk Industries: Largest flooring manufacturer globally with residential and commercial carpet, tile, and hard surface products—directly comparable to Marquis Industries and Harris Flooring Group in the floor covering manufacturing space.
• Shaw Industries: Berkshire Hathaway-owned carpet and flooring manufacturer and distributor with broad residential and commercial product lines—a large incumbent comparable to Marquis Industries' floor covering manufacturing.
• Carlisle Companies: Diversified industrial manufacturer with construction materials, aerospace, and automotive segments—a larger, more established diversified industrial peer with comparable multi-vertical structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/liveventuresinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries9 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Live Ventures