The company has not filed an annual or quarterly report since its Q1 FY2023 10-Q, filed May 5, 2023. Its latest SEC filing is a 15-12G from Jun 26, 2023.
10-Q for Q1 FY2023, filed May 5, 2023
The sections below describe the company as of the FY2022 annual report.
Provides event organizers and marketers with software to plan, promote, and manage in-person, virtual, and hybrid events; also connects event organizers with hotels and venues through a marketplace.
10-K for FY2022, filed Mar 14, 2023Cvent® is a leading cloud-based platform of enterprise event marketing and management and hospitality solutions. We power the marketing and…View ↗
We address these challenges faced by event organizers with our end-to-end Event Cloud platform with solutions to drive engagement and…View ↗
Our Hospitality Cloud solution offers vertical online marketplaces that connect event organizers seeking event space to hotels and venues.…View ↗
Event organizers pay for Event Cloud subscriptions, while hotels and venues pay for advertising placements and cloud software. Contracts are typically annual or multi-year and billed in advance in annual or quarterly installments; income is earned over the subscription or advertising period.
10-K for FY2022, filed Mar 14, 2023We generate revenue from two primary sources: Event Cloud subscription-based solutions, and Hospitality Cloud marketing-based and…View ↗
The Company derives revenue from two primary sources: Event Cloud subscription-based solutions and Hospitality Cloud marketing and…View ↗
Group marketing solutions revenue is generated through the delivery of various forms of advertising sold through annual or multi-year…View ↗
The Hospitality Cloud also offers a variety of cloud-based SaaS solutions such as 1) Passkey, which allows hotels, convention and visitor…View ↗
10-K for FY2022, filed Mar 14, 2023
FY2022 revenue by product or service ↗$630.6M
10-K for FY2022, filed Mar 14, 2023
$630.6M ↗| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Event Cloud
Recurring
10-K for FY2022, filed Mar 14, 2023 |
70% |
Event Cloud, FY2022
$441.1M Sources
|
Recurring |
|
Hospitality Cloud
Recurring
10-K for FY2022, filed Mar 14, 2023 |
30% |
Hospitality Cloud, FY2022
$189.5M Sources
|
Recurring |
Corporations, associations, nonprofits, universities, government entities and third-party planners buy event software directly; hotels, venues and destinations buy marketing and software directly.
10-K for FY2022, filed Mar 14, 2023Meetings and events are prevalent in organizations of almost every size, industry vertical and geography. Our Event Cloud customers include…View ↗
As of December 31, 2022, approximately 11,000 hotels, venues and destinations purchased products from our Hospitality Cloud through annual…View ↗
We sell our platform primarily through direct sales, which comprises field sales representatives and inside sales personnel, organized by…View ↗
We sell our platform globally through a direct sales model, which is comprised of field and inside sales personnel. In the Event Cloud, we…View ↗
Not on paper. It lost $100.3M in FY2022, but brought in more cash than it spent: $117.2M of free cash flow.
10-K for FY2022, filed Mar 14, 2023
−$76.1MView ↗
10-K for FY2022, filed Mar 14, 2023
−$100.3MView ↗
10-K for FY2022, filed Mar 14, 2023
$117.2MView ↗
10-Q for Q1 FY2023, filed May 5, 2023
−$32.6MView ↗
10-Q for Q1 FY2023, filed May 5, 2023
Open tableView ↗
8-K, filed Jun 15, 2023
At the effective time of the Merger (the “Effective Time”), subject to the terms and conditions of the Merger Agreement, (i) except as…View ↗
Loading...