LiveWorld Reports 2023 Annual Financial Results
LiveWorld, Inc. (OTC Markets: LVWD), today announced financial results for the year 2023.
- LiveWorld, Inc. (OTC Markets: LVWD), today announced financial results for the year 2023.
- Net income from operations of $214,000, or 2% of revenues
Cash increased by $835,000 to $4.6 million from December 31, 2022
“2023 was the fourth consecutive year of increased revenues while maintaining a positive net income,” remarked David Houston, Chief Financial Officer, LiveWorld. - “LiveWorld leads the market in unlocking the true value of social media marketing, with a combination of compliance, engagement, and insight solutions,” said Peter Friedman, Chairman & CEO, LiveWorld.
- The lower income in 2023 was primarily due to a higher tax liability and investments for future growth of the company.