Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]    
Revenues $ 152,060,932 $ 78,954,247
Cost of revenues 89,494,297 58,979,377
Gross profit 62,566,635 19,974,870
Operating expenses:    
General and administrative expenses 36,192,322 8,543,877
Sales and marketing expenses 8,274,936 9,112,744
Total operating expenses 44,467,258 17,656,621
Operating income 18,099,377 2,318,249
Other (expense) income:    
Interest expense, net (7,596,985) (4,020,547)
Bargain purchase gain on acquisition 0 1,499,345
Other income 81,207 2,589,160
Total other (expense) income, net (7,515,778) 67,958
Income before provision for income taxes 10,583,599 2,386,207
Provision (benefit) for income taxes 4,081,819 (15,567,844)
Net income 6,501,780 17,954,051
Net income attributed to noncontrolling interest 0 124,194
Net income attributed to Live Ventures, Incorporated $ 6,501,780 $ 17,829,857
Earnings per share - basic $ 2.94 $ 6.33
Earnings per share - diluted $ 1.61 $ 5.40
Weighted average common shares outstanding - basic 2,210,104 2,815,072
Weighted average common shares outstanding - diluted 4,047,696 3,303,698