Vivid Seats

Vivid Seats, Inc. operates as an online ticket marketplace, which engages in the provision of different selections of events and tickets in North America. It operates through the following segments: Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and ticket sellers. The Resale segment acquires tickets to resell on secondary ticket marketplaces, including its own. Its partners include Caesars Entertainment, RollingStone, Marriott Bonvoy, Capital One, American Airlines and others. The company was founded in 2001 and is headquartered in Chicago, IL.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Vivid Seats excels in 2022, anticipates sustained growth challenges in 2023

Vivid Seats anticipates a Marketplace GOV of $3.0-$3.3 billion, revenues of $580-$610 million, and adjusted EBITDA of $110-$115 million for 2023. The company emphasizes sustainable customer acquisition and investment strategies for growth and profitability.

Vivid Seats excels in Q1, eyes growth through strategic initiatives

Vivid Seats' Q1 2023 performance reflects strong financials, strategic initiatives, and increased guidance, positioning the company for continued growth and market leadership.
The company's focus on buyer engagement, ESG initiatives, and sustainable growth strategies underpin its competitive edge and commitment to long-term success.
Challenges from competition, macroeconomic factors, and event postponements require strategic planning, innovation, and agility to sustain growth momentum.
Opportunities in product integration, information sharing, investment strategies, and market expansion offer avenues for revenue growth and shareholder value creation.

Vivid Seats reports record-breaking Q2 results and eyes international expansion

Vivid Seats' strong Q2 performance, strategic partnerships, and focus on innovation position the company for continued growth and enhanced user experiences.
Challenges include macroeconomic factors, price dynamics, loyalty program optimization, and international expansion decisions that require careful navigation.
Opportunities lie in further international expansion, high-value audience targeting, strategic partnerships, and optimizing the loyalty program for repeat orders and profitability.
Overall, Vivid Seats' outlook for 2023 remains stable, with a commitment to driving growth through innovation, partnerships, and operational efficiency.

Vivid Seats reports record Q3 results, anticipates growth through Vegas.com

Vivid Seats' Q3 2023 earnings call highlighted record results, strategic acquisitions, and strong performance in loyalty programs and engagement platforms. The company raised its guidance for 2023 and expects continued growth in 2024, driven by the Vegas.com acquisition and innovative pricing tools. Balancing investments, maintaining buyer stickiness, and leveraging data insights will be key focus areas for future success.

Vivid Seats exceeds forecasts, accelerates international expansion for growth

Vivid Seats' Q4 2023 earnings call highlighted strong financial performance, successful strategic acquisitions, and a focus on customer retention and international expansion. The company's commitment to sustained double-digit growth, reinforced by leadership changes and strategic investments, underscores its confidence in achieving growth targets. Challenges in pricing dynamics and competitive landscapes require careful navigation for continued success.

Vivid Seats excels in Q1 2024, eyes international expansion and innovation

Vivid Seats' Q1 performance was robust, showcasing growth, innovation, and strong financials. Despite challenges from artist tours, they are well-positioned for sustained growth, with a focus on customer engagement, expansion, and strategic investments.

Vivid Seats reports robust Q2 earnings, eyes international expansion

Vivid Seats' Q2 2024 performance reflects strong revenue and EBITDA growth, driven by a focus on customer retention and strategic investments in expansion and acquisitions.
Despite challenges related to increased cancellation rates, the company's financial outlook for 2024 remains positive, supported by a strengthened balance sheet and innovative product launches.
By addressing challenges effectively and seizing opportunities for growth and operational enhancement, Vivid Seats aims to sustain its trajectory of long-term success and value creation for shareholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Prepared Remarks to be Webcast at 8:30 am ET Prepared Remarks to be Webcast at 8:30 am ET

Vivid Seats to Report Third Quarter 2021 Financial Results

Vivid was taken public through a special purpose acquisition company (“SPAC”) transaction with Horizon Acquisition which itself was born out of the Eldridge Industries, LLC and the effort of Eldridge's CEO Todd Boehly.

Vivid Seats Just Went Public. What Next?

DraftKings

Live Nation

RedBall Acquisition Corp.

All good athletes know that defense is as important as offense. Ditto on Wall Street. Vivid Seats projects 2022 revenue will get to 2019 levels while SeatGeek says its revenue will more than double by then. Investors are cheering them on.

Sports Pros Play Risky Offense-Only Investing Game

Files 8-K with the U.S. Securities and Exchange Commission Files 8-K with the U.S. Securities and Exchange Commission

Vivid Seats Updates 2021 Financial Guidance

CHICAGO, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (“Vivid Seats” or the “Company”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today announced that it has been approved for listing on the NASDAQ Global Select Market under the symbol “SEAT.” The Company begins trading at 9:30am ET today, October 19, 2021.

Vivid Seats, A Leading Secondary Ticketing Marketplace, to Begin Trading on NASDAQ Global Select Market Today

News for Vivid Seats Stock (SEAT)