Eva Live, Inc.
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsEva Live Inc. is an AI-driven digital advertising and media monetization company operating the Eva Platform.
What they do
Eva Live Inc. operates the Eva Platform, which uses artificial intelligence to match advertising campaigns to specific ad spots one at a time. The platform creates conversion mapping tables to increase conversion rates by analyzing trends and historical conversion data. It leverages big data and automated tools to optimize both brand awareness and direct response campaigns.
Revenue drivers
- Eva Platform AI-driven ad matching — Primary revenue source; matches ads to spots to improve conversion rates, serving brand and direct response campaigns.
Recent performance
Revenue grew from $9.3M in 2024 to $17.0M in 2025, but net income swung from $3.8M profit to an $8.1M loss. Quarterly revenue declined from $4.9M (Sep 2025) to $3.9M (Mar 2026), then rose to $4.2M (Jun 2026). Operating cash flow was negative $448,960 in 2025. As of June 30, 2026, cash and equivalents were $1.8M against $7.3M total liabilities.
Strategy
Management focuses on expanding the Eva Platform's capabilities and market reach. The company transitioned to Nasdaq trading in January 2026, which may improve access to capital. Recent 8-K filings indicate new agreements and equity sales, suggesting ongoing fundraising and partnership activities.
Risks
- Need for additional financing — The company states it needs additional funds to achieve sustainable sales and positive cash flow, with no assurance financing will be available.
- Limited operating history — Despite a long corporate history, the current business has limited track record under the EvaMedia reverse merger, making performance evaluation difficult.
- Dependence on non-GAAP metrics — Management relies on EBITDA, which may not accurately reflect operating performance and may not be comparable to industry metrics.
- Cash flow volatility — Operating cash flow has been negative in most years, including 2025, indicating potential liquidity challenges.
Outlook
Management has not provided specific forward guidance in the excerpts. The company continues to invest in its AI platform and pursue growth through new agreements. The Nasdaq listing may support future capital raising. Risks include potential dilution from equity sales and the need for sustained revenue growth to achieve profitability.