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

CHICAGO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), 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 Stan Chia, Chief Executive Officer, will be presenting at Raymond James 2024 TMT & Consumer Conference on Tuesday, December 10, 2024 at 9:20 a.m. ET.

Vivid Seats to Participate in Raymond James 2024 TMT & Consumer Conference

Vivid Seats Inc. (NASDAQ:SEAT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Kate Africk - Head, Investor Relations Stan Chia - Chief Executive Officer Larry Fey - Chief Financial Officer Conference Call Participants Andrew Marok - Raymond James Maria Ripps - Canaccord Ryan Sigdahl - Craig-Hallum Capital Group Daniel Kurnos - The Benchmark Company Cameron Mansson-Perrone - Morgan Stanley Thomas Forte - the Maxim Group Ralph Schackart - William Blair Operator Good morning, and welcome to the Vivid Seats Third Quarter 2024 Earnings Conference Call. Following management's prepared remarks, we will open the call for Q&A.

Vivid Seats Inc. (SEAT) Q3 2024 Earnings Call Transcript

Disciplined Execution with Synergy Realization and New Product Roll-outs Disciplined Execution with Synergy Realization and New Product Roll-outs

Vivid Seats Reports Third Quarter 2024 Results

CHICAGO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), 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 the effective date of the appointment of Adam Stewart to its Board of Directors is November 1, 2024. Stewart has also been appointed to Vivid Seats' Nominating and Corporate Governance Committee. He joins Vivid Seats' Board with extensive Media and Entertainment experience, including nearly two decades at Google, where he currently serves as Vice President, Consumer, Government & Entertainment.

Adam Stewart Appointed to Vivid Seats' Board of Directors

CHICAGO, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), 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, will report financial results for the third quarter 2024 on Thursday, November 7, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET.

Vivid Seats to Report Third Quarter 2024 Financial Results

Vivid Seats announces new feature upgrades to Game Center, the brand's innovative, in-app free-to-play product, including Leagues, Pick It, and Trivia.

Vivid Seats' Game Center Debuts “Leagues” for NFL Season

Six-time Pro Bowler and sports media trailblazer Brandon Marshall to debut new show "I Am Athlete Daily” set to launch in September

Vivid Seats Announces Exclusive Multiyear Media Partnership with I Am Athlete

Vivid Seats Inc. (NASDAQ:SEAT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Kate Africk - Head, Investor Relations Stan Chia - Chief Executive Officer Larry Fey - Chief Financial Officer Conference Call Participants Tom White - D.A. Davidson Ralph Schackart - William Blair Curtis Nagle - BofA Ryan Sigdahl - Craig-Hallum Capital Group Cameron Mansson-Perrone - Morgan Stanley Thomas Forte - Maxim Group Dan Kurnos - The Benchmark Company Andrew Marok - Raymond James Maria Ripps - Canaccord Jason Bazinet - Citi Operator Good morning.

Vivid Seats Inc. (SEAT) Q2 2024 Earnings Call Transcript

CHICAGO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), 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 provided financial results for the second quarter ended June 30, 2024. "In the second quarter we executed with discipline, delivering great results while opportunistically leveraging our unique assets and capabilities," said Stan Chia, Vivid Seats CEO.

Vivid Seats Delivers Strong Second Quarter Results

Vivid Seats has continued reporting good revenue growth momentum after the prior acquisitions, with the company anticipating years of double-digit growth. Cost control has been worse in recent quarters, pushing earnings down and acting as a considerable risk. Extensive share repurchases should drive great shareholder value.

Vivid Seats: Growth Momentum Is Severely Undervalued Due To Margin Concerns (Rating Upgrade)

CHICAGO, July 26, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), 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 Stan Chia, Chief Executive Officer, and Lawrence Fey, Chief Financial Officer, will be presenting at Canaccord Genuity's 2024 Growth Conference on Tuesday, August 13, 2024 at 11:30 a.m. ET.

Vivid Seats to Participate in Canaccord Genuity's 2024 Growth Conference

CHICAGO, July 26, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), 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, will report financial results for the second quarter 2024 on Tuesday, August 6, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET.

Vivid Seats to Report Second Quarter 2024 Financial Results

Amazon

Pinterest

Wayfair

AppLovin Corp

DoorDash

Uber

A new report from Bank of America highlights over 100 catalysts for the second half of 2024. It gives investors key events and stocks to focus on as major indexes trade near all-time highs.

Amazon, Pinterest, Wayfair Top List Of 7 Stocks Bank Of America Says To Watch In Second Half Of 2024

CHICAGO, May 20, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), 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 Stan Chia, Chief Executive Officer, and Lawrence Fey, Chief Financial Officer, will be presenting at William Blair's 2024 Growth Stock Conference on Wednesday, June 5, 2024 at 8:40 a.m. CT.

Vivid Seats to Participate in William Blair's 2024 Growth Stock Conference

Vivid Seats Inc. (NASDAQ:SEAT ) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Stan Chia - CEO Larry Fey - CFO Kate Africk - Head of IR Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Curt Nagle - BOA Dan Kurnos - The Benchmark Company Maria Ripps - Canaccord Matt Farrell - Piper Sandler Cameron Mansson-Perrone - Morgan Stanley Thomas Forte - Maxim Group Andrew Marok - Raymond James Ralph Schackart - William Blair Operator Good morning, and welcome to the Vivid Seats First Quarter 2024 Earnings Conference Call. Following managements prepared remarks, we will open the call for Q&A.

Vivid Seats Inc. (SEAT) Q1 2024 Earnings Call Transcript

CHICAGO, May 07, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), 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 provided financial results for the first quarter ended March 31, 2024. “We are proud to deliver another strong quarter, showcasing the power of our core business and the momentum that has continued into 2024,” said Stan Chia, Vivid Seats CEO.

Vivid Seats Delivers Strong First Quarter Results

CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), 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 published its 2024 Environmental, Social and Governance (ESG) Fact Sheet, providing new and updated performance metrics and progress against ongoing initiatives.

Vivid Seats Releases 2024 Environmental, Social and Governance Update

CHICAGO, April 26, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), 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, will report financial results for the first quarter 2024 on Tuesday, May 7, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET.

Vivid Seats to Report First Quarter 2024 Financial Results

CHICAGO, April 25, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT), 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 it has renewed its partnership with Make-A-Wish, a global organization responsible for creating life-changing wishes for children with critical illnesses. In celebration of World Wish Month™, Vivid Seats is matching donations through its charitable foundation, Vivid Cheers , by up to 10X to Make-A-Wish, up to $250,000 for their “WishMakers Wanted” campaign.

Vivid Seats Renews National Make-A-Wish® Partnership to Grant Live Event Experiences

SANTA MONICA, Calif.--(BUSINESS WIRE)--MusiCares®, the leading music charity and safety net supporting the health and well-being of music professionals, held its fourth activation of the groundbreaking Humans of Hip Hop initiative in Chicago. This ongoing program aims to empower and support hip-hop artists by addressing critical issues and tailoring MusiCares' programming to the unique needs of the community. This recent installment of the Humans of Hip Hop initiative took place on April 22, 20.

MusiCares® Brings Humans of Hip Hop Initiative to Chicago With Supporting Partner Vivid Seats and Guest Panel Including Common and Lupe Fiasco

CHICAGO, March 13, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), 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 Lawrence Fey, Chief Financial Officer, will be presenting at Canaccord Genuity's eCommerce Sustainable Advantage Forum on Thursday, March 14, 2024 at 11:00 a.m. ET.

Vivid Seats to Participate in Canaccord Genuity's eCommerce Sustainable Advantage Forum

Vivid Seats Inc. (NASDAQ:SEAT ) Q4 2023 Earnings Conference Call March 5, 2024 8:30 AM ET Company Participants Stan Chia - CEO Larry Fey - CFO Kate Africk - Head of IR Conference Call Participants Ralph Schackart - William Blair Maria Ripps - Canaccord Genuity Curt Nagle - Bank of America Securities Jason Bazinet - Citi Matt Farrell - Piper Sandler Cameron Mansson-Perrone - Morgan Stanley Benjamin Black - Deutsche Bank Brad Erickson - RBC Capital Markets Ryan Sigdahl - Craig-Hallum Capital Group Dan Kurnos - The Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Vivid Seats Fourth Quarter 2023 Earnings Webcast and Conference Call.

Vivid Seats Inc. (SEAT) Q4 2023 Earnings Call Transcript

CHICAGO, March 05, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), 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 provided financial results for the full year and fourth quarter ended December 31, 2023. "In 2023 we grew top and bottom line by nearly 25%, significantly expanded our TAM through strategic acquisitions, and executed against our objective of being the marketplace of choice for both sellers and buyers," said Stan Chia, Vivid Seats CEO.

Vivid Seats Reports Fourth Quarter Results and Authorizes New Share Repurchase Program

CHICAGO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”), 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 Stan Chia, Chief Executive Officer, and Lawrence Fey, Chief Financial Officer, will be presenting at Morgan Stanley's 2024 Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 1:20 p.m. PST.

Vivid Seats to Participate in Morgan Stanley's 2024 Technology, Media & Telecom Conference

CHICAGO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), 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, will report financial results for the fourth quarter and full year 2023 on Tuesday, March 5, 2024, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET.

News for Vivid Seats Stock (SEAT)