Yes, Volumio works well on all TV boxes with chips S9xxx via external USB module for sound output. I tested with a simple sound card for$ 2 and with a USB DAC. I have not yet figured out with a built-in sound system AMLM8AUDIO, it only works partially. You can see all the details in these topics.
If You have any TV box with S9xxx you can try his work. This system runs as well as LE from SD card.