Joseph Kowalski's questions to Live Ventures Inc (LIVE) leadership • Q3 2025
Question
Joseph Kowalski asked about Live Ventures' acquisition strategy, questioning if the recent management intervention in the flooring segment signaled a strategic shift, and inquired about their approach to target selection, deal evaluation process, financing methods, and interest in the marijuana sector.
Answer
CFO David Verret and CEO Jon Isaac clarified that their core strategy of retaining existing management remains, but they will intervene when performance lags, as was necessary in the flooring segment. Isaac stated they evaluate all opportunities, with a preference for bolt-ons, and the executive team reviews all deals. He emphasized they are always looking for deals and use creative financing rather than waiting for a specific cash balance. Regarding the marijuana space, Isaac noted they are focused on more accessible opportunities as it is not yet federally legal.