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Vivid Seats Inc

Communication Services US SEAT

3.71USD
0.21(6.00%)

Last update at 2024-12-24T19:05:00Z

Day Range

3.503.81
LowHigh

52 Week Range

4.868.80
LowHigh

Fundamentals

  • Previous Close 3.50
  • Market Cap1009.19M
  • Volume605891
  • P/E Ratio34.71
  • Dividend Yield-%
  • EBITDA97.13M
  • Revenue TTM742.67M
  • Revenue Per Share TTM6.95
  • Gross Profit TTM 459.77M
  • Diluted EPS TTM0.14

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 69.19M -18.82500M -774.18500M -53.84800M
Minority interest 42.12M -3.01000M - 0.00000M
Net income 70.78M -19.12900M -831.66700M -95.34500M
Selling general administrative 127.62M 92.17M 59.14M 101.33M
Selling and marketing expenses 248.38M 181.36M 38.12M 178.45M
Gross profit 459.77M 352.42M 10.39M 362.92M
Reconciled depreciation 9.90M 2.32M 48.25M 93.08M
Ebit 78.11M 76.57M -142.18000M -9.93700M
Ebitda 92.00M 77.50M -93.93300M 83.14M
Depreciation and amortization 13.89M 0.93M 48.25M 93.08M
Non operating income net other -4.28500M -35.82800M - -
Operating income 78.11M 76.57M -142.18000M -9.93700M
Other operating expenses 524.23M 366.47M 177.26M 478.86M
Interest expense 12.86M 58.18M 57.48M 41.50M
Tax provision -1.59000M 0.30M - 0.00000M
Interest income - - - -
Net interest income -12.85800M -58.17900M -57.48200M -41.49700M
Extraordinary items - - - -
Non recurring -2.06500M - - -
Other items - - - -
Income tax expense -1.59000M 0.30M 57.48M 41.50M
Total revenue 600.27M 443.04M 35.08M 468.93M
Total operating expenses 383.73M 275.85M 152.57M 372.86M
Cost of revenue 140.51M 90.62M 24.69M 106.00M
Total other income expense net -8.91600M -95.39600M -632.00500M -43.91100M
Discontinued operations - - - -
Net income from continuing ops 70.78M -19.12900M -774.18500M -53.84800M
Net income applicable to common shares 70.79M -16.11900M -774.18500M -53.84800M
Preferred stock and other adjustments - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1550.10M 1151.43M 1408.80M 1159.13M 1497.05M
Intangible assets 241.16M 81.98M 78.51M 67.02M 300.54M
Earning assets - - - - -
Other current assets 34.06M 29.91M 62.93M 77.76M 6.66M
Total liab 963.34M 671.27M 983.46M 1430.91M 978.77M
Total stockholder equity 105.02M -382.69800M -860.68300M -271.78100M 518.28M
Deferred long term liab - - - - -
Other current liab 191.64M 181.97M 38.52M 256.13M 60.01M
Common stock 0.02M 0.02M 0.02M - -
Capital stock 0.02M 0.02M 0.02M 0.00000M 0.00000M
Retained earnings -945.69300M -1014.13200M -1042.79400M -1026.67500M -252.49000M
Other liab - 13.45M 25.83M 0.51M 0.96M
Good will 947.36M 715.26M 718.20M 683.33M 1060.43M
Other assets - 4.39M 0.79M 0.66M 2.15M
Cash 132.43M 251.54M 489.53M 285.34M 81.29M
Cash and equivalents - - - - -
Total current liabilities 487.76M 378.01M 497.50M 331.27M 163.24M
Current deferred revenue 34.67M 31.98M 25.14M 5.96M 5.93M
Net debt 152.35M 31.02M -29.39800M 591.98M 531.16M
Short term debt 3.93M 2.75M 242.64M 6.41M 5.86M
Short long term debt 3.93M 2.75M - 6.41M 5.86M
Short long term debt total 284.78M 282.56M 460.13M 877.32M 612.45M
Other stockholder equity 1049.94M 631.41M 182.09M 755.72M 772.68M
Property plant equipment - 10.43M 1.08M - 4.02M
Total current assets 245.99M 331.52M 610.21M 408.12M 129.92M
Long term investments 2.87M - - - -
Net tangible assets - -317.07200M -1657.39800M -1022.13200M -842.69400M
Short term investments - - - - -
Net receivables 58.48M 36.53M 36.12M 35.25M 25.00M
Long term debt 264.63M 264.90M 460.13M 870.90M 606.59M
Inventory 21.02M 12.78M 11.77M 7.46M 11.56M
Accounts payable 257.51M 161.31M 191.20M 62.77M 91.44M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - 1286.02M - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.75M - - -0.82200M -1.91700M
Additional paid in capital - - - - -
Common stock total equity - 0.02M - - -
Preferred stock total equity - - - - -
Retained earnings total equity - -1014.13200M -1042.79400M - -
Treasury stock - -32.49400M - - -
Accumulated amortization - - - - -
Non currrent assets other 3.05M 4.39M 0.79M 0.66M 2.15M
Deferred long term asset charges - - - - -
Non current assets total 1304.11M 819.91M 798.58M 751.01M 1367.13M
Capital lease obligations 16.21M 14.91M - - -
Long term debt total - 14.91M 460.13M - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -15.41500M -9.34500M -7.60500M -40.15500M
Change to liabilities -125.19400M 147.34M -28.65000M 3.80M
Total cashflows from investing activities -15.41500M -9.34500M -7.60500M -40.15500M
Net borrowings -197.63000M 18.02M 254.14M -46.96700M
Total cash from financing activities -236.48000M -6.11300M 245.54M -55.46200M
Change to operating activities -55.49900M 21.63M 128.33M 23.45M
Net income 70.78M -19.12900M -774.18500M -53.84800M
Change in cash -237.52000M 204.47M 204.05M -19.13900M
Begin period cash flow 489.81M 285.34M 81.29M 100.43M
End period cash flow 252.29M 489.81M 285.34M 81.29M
Total cash from operating activities 14.38M 219.93M -33.89200M 76.48M
Issuance of capital stock 0.00000M 475.17M - 0.00000M
Depreciation 7.73M 2.32M 48.25M 93.08M
Other cashflows from investing activities -11.85700M -8.21300M - -
Dividends paid 5.25M 17.70M 0.12M 8.10M
Change to inventory -1.01000M -4.31100M 4.09M -1.62800M
Change to account receivables -0.32900M -0.87400M -10.25000M 0.23M
Sale purchase of stock -32.49400M -236.02600M - 0.00000M
Other cashflows from financing activities 263.79M 229.59M 301.52M -0.40000M
Change to netincome 15.59M 65.47M 594.66M 8.55M
Capital expenditures 15.41M 9.65M 7.61M 9.21M
Change receivables -0.32900M -0.87400M - -
Cash flows other operating 45.76M 26.62M - -
Exchange rate changes - - - -
Cash and cash equivalents changes -237.52000M 204.47M - -
Change in working capital -80.77300M 163.79M 93.53M 25.84M
Stock based compensation 19.05M 6.05M 4.29M 5.17M
Other non cash items -2.41600M 29.69M 19.54M 2.86M
Free cash flow -1.03200M 210.28M -41.49700M 67.27M

Peer Comparison

Sector: Communication Services Industry: Internet Content & Information

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SEAT
Vivid Seats Inc
0.21 6.00% 3.71 34.71 21.93 1.68 7.27 1.29 9.01
GOOGL
Alphabet Inc Class A
1.48 0.76% 196.11 26.81 23.20 6.41 6.92 6.14 19.27
GOOG
Alphabet Inc Class C
1.58 0.81% 197.57 27.01 23.42 6.41 6.99 6.14 19.27
META
Meta Platforms Inc.
7.90 1.32% 607.75 27.55 25.32 9.67 8.52 9.46 21.61
TCTZF
Tencent Holdings Ltd
- -% 54.00 13.50 14.64 0.64 3.44 0.64 1.54

Reports Covered

Stock Research & News

Profile

Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. The company operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers; processes ticket sales on its website and mobile applications through its distribution partners; and sells tickets for sports, concerts, theater events, and other live events. This segment offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces; and Vivid Picks daily fantasy sports that allows users to partake in contests by making picks from various sport and player matchups. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.

Vivid Seats Inc

24 E. Washington Street, Chicago, IL, United States, 60602

Key Executives

Name Title Year Born
Mr. Stanley Chia CEO, Pres & Director 1982
Mr. Lawrence C. Fey IV Chief Financial Officer 1980
Mr. Jonathan Miles Wagner Chief Technology Officer 1974
Mr. Jerry Bednyak Co-Founder NA
Mr. Eric Vassilatos Co-Founder NA
Mr. Edward Pickus Chief Accounting Officer NA
Emily Epstein Gen. Counsel NA
Tyra Neal Chief Marketing Officer NA
Ms. Sarah Doll Chief People Officer NA
Mr. Geoff Lester Chief Commercial Officer NA

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