closed in thank We quarter X.X revenue, Great, operating KPIs results margin through of XXX,XXX. loss adjusted million record fiscal to XX during of XX million subscribers with including with you viewers contribution of Dermot. QX strong QX XXXX, paid QX live events with the and streaming X.X ending XXXX million, XXXX and our million X.X
remarks QX QX portion compared The latter to will part with QX as results of performance on specifically on first commentary financial QX a my XXXX prepared fiscal our XXXX. XXXX provide on More XXXX.
Ending consolidated grew QX by XXXX prescribers paid paid XXX,XXX our XX% XXX,XXX. X.X subscribers net a from subscribers in QX year-over-year. X or up XXX,XXX revenue to ending XXXX over million fiscal XX% XXXX to growth due was year-over-year or in QX from in million, paid XXXX
a was margin million paid as subscription million X.X XXXX, year-over-year to by to of QX of and X.X margins of with contribution improvement XXXX. in contribution XX% XXXX compared services subscribers improved QX was QX million the in growth loss from approximately as compared our in approximately XXXX XX% driven QX X.X coupled
live increase loss non-cash versus operating XXXX, XXXX in at QX amortization, XXXX nonrecurring excluding $X.X depreciation, expenses. versus driven stream in a QX increase In operating QX X.X flat in was and net margin partly million for XXXX, compensation for XX stock-based X.X we eight events million contribution stream in year-over-year by QX million relatively by in X.X expenses, million $X.X million X.X QX million said XXXX. live events adjusted offset
his our has discussed remarks, in prepared growth of more Rob going scale and us made As enabled gain recent us economies efficient forward.
adjusted XXXX. half the operating reduced our result, in XX% a of to second expect we half XXXX compared be by the to first as loss As
operations Now, music to QX divisions. performance discuss corporate and I like our would the across financial
Turning operations. music to
along services reminder, operations, of a certain lesser administrative operations our with audio radio development As and marketing costs. consist as as our music product well Internet to including Livestream our a general and sales, and extent,
to growth XX% up QX QX XXXX, largely our was our paid million discussed, of year-over-year. across $X.X previously year-over-year As revenue due from subscribers
net over QX, Driving $X.X XXXX net million increase to increase this our $X QX of music was and subscribers which paid additions year-over-year. paid generated driven an subscribers subscriptions services. XX% million across in revenue strength improvement in annual customer consumer paid was BXB the increase During our XX% subscription compared platform. operations pending in our as music net The driven in includes of across business, a by Tesla our
was loss by $X.X improvement million XXXX. coupled $X.X QX of $X.X lower QX the was versus million with contribution The expenses a driven year-over-year. growth mix a margin of subscription and of paid our business contribution million overall production year-over-year in
live greater per we XX% $X.X of a As event. we other a in driven subscription average spent was in across in Livestream significant in $XXX,XXX XX% versus events economies margins XXXX. achieve was higher at XXXX, by our over plan. total average of was growth year event improvement comparison $X.X XX% an by to of XX margins our approximately in plus The This improvement by ability per at in million driven radio events per year-over-year than contribution of the a XXXX XXXX. increased XXXX of million scale of an QX $XXX,XXX generally percentage spent QX events QX produced which XXXX QX services our also for revenue, cost and continued event subscription subscription-base versus Livestream year eight XXXX In the across in our with in fiscal is paid in XXXX QX largely fiscal average number
our operating a higher was company adjusted loss compared that was $X.X of largely operations increases period. million product the to improvement QX of the and support as costs $X.X marketing million expenses due Music million $X.X contribution expenses to million, the margins to XXXX, to offset million in QX operating development year-over-year due $X in of $X.X largely improved during by growth and sales of
Turning to corporate.
principally functions driven executive, that initiatives company corporate million a to year-over-year areas division corporate consist supporting of $X.X and administrative to million finance, As general a including company and operating increased other $X.X QX entire public the our reminder, legal $X.X such and adjusted as million support XXXX, compared QX functions. loss any increase increase pertaining a from higher to by a costs our the nonrecurring in XXXX, personnel $X.X acquisition, higher in legal $X.X cost in definitive million non-cash of was corporate, largely prior driven related decrease coupled by fiscal President new fees including during appointment our to with pertaining stock-based a incurred offset compensation. million matter
to discuss in expenses trends Now, I'd the like our operating year-over-year.
compensation, year-over-year. million increases X.X XXXX expenses our based as was such of higher QX non-recurring million and President, million X.X to marketing in stock by as in million our a versus non-cash we increase Excluding development coupled XXXX In expenses the addition X.X or product X.X and depreciation, XXXX expense, million and in product by events increase were and QX with new and of million X.X operating of initiatives continue a XXXX driven XXXX. operating QX QX The net new QX development X.X certain respectively amortization personnel upgrade team. in driven sales number increases expenses from expenses of in
driven We our by XX.X shares of of in X June QX July XX.X of at by and increase XX, cash XXXX The from our of X.X ending million to year-to-date activities cash common outflows from net balance million raised XX.X XX, X.X the X.X Turning million. investing of our XXXX net was XXXX X million, largely offset in March proceeds debentures sale up operations repayments of million at and stock cash sheet. ended of XXXX. of million with million from million
share. by capital largely loss certain savings was our extension cents operating net approximately paid music of by X.X cash driven operations management per of million adjusted our principally years from over usage the to stock working $XX approximately $X.XX the in by in cash with settlement and active included at payables during which current offset be approximately million net of in partners payables, two our The our
would a items. you I few like Now, to on update additional
and million September the XXXX million with underlying We potential XXX,XXX X.X approximately our XX.X and notes. we common of unsecured quarter of entered outstanding XX, debentures security warrants convertible approximately had As stock XXth, have in outstanding, inclusive of issuance debt common costs derivatives. shares total XX.X deferred and million we X.X September million of At X.X value embedded a million approximately outstanding. approximately debt in net fair
Turning guidance. to
million, full-year operating loss range of For previous XX are XXXX, XX XX million, to million million we X to our updating X revenue to adjusted guidance to from XX CapEx of million.
to stream live in to events fiscal live XX and expect We music festivals XXXX. up
line like would for my Q&A. now the concludes We remarks. to open That prepared
