Financial Snapshot

Revenue
$681.0M
TTM
Gross Margin
84.79%
TTM
Net Earnings
$41.24M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
78.97%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
$999.1M
Q3 2024
Book Value
$611.5M
Q3 2024
Cash
Q3 2024
P/E
16.93
Nov 29, 2024 EST
Free Cash Flow
$38.02M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $712.9M $511.1M $389.7M $23.28M $403.6M
YoY Change 39.48% 31.16% 1573.76% -94.23%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $712.9M $511.1M $389.7M $23.28M $403.6M
Cost Of Revenue $182.2M $140.5M $90.62M $24.69M $106.0M
Gross Profit $530.7M $459.8M $352.4M $10.39M $362.9M
Gross Profit Margin 74.44% 89.96% 90.44% 44.62% 89.91%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $433.2M $376.0M $273.5M $104.3M $279.8M
YoY Change 15.21% 37.46% 162.2% -62.71%
% of Gross Profit 81.62% 81.78% 77.61% 1004.33% 77.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.18M $600.0K $100.0K $600.0K $1.100M
YoY Change 2763.0% 500.0% -83.33% -45.45%
% of Gross Profit 3.24% 0.13% 0.03% 5.78% 0.3%
Operating Expenses $449.4M $381.7M $275.9M $152.6M $372.9M
YoY Change 17.74% 38.36% 80.81% -59.08%
Operating Profit $81.34M $78.11M $76.57M -$142.2M -$9.937M
YoY Change 4.14% 2.0% -153.85% 1330.81%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$12.53M -$4.631M -$58.18M -$57.48M -$41.50M
YoY Change 170.65% -92.04% 1.21% 38.52%
% of Operating Profit -15.41% -5.93% -75.98%
Other Income/Expense, Net $2.138M -$1.389M
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $70.94M $69.19M -$18.83M -$774.2M -$53.85M
YoY Change 2.53% -467.54% -97.57% 1337.72%
Income Tax -$42.20M -$1.590M $304.0K
% Of Pretax Income -59.48% -2.3%
Net Earnings $74.54M $70.79M -$19.13M -$774.2M -$53.85M
YoY Change 5.29% -470.09% -97.53% 1337.72%
Net Earnings / Revenue 10.46% 13.85% -4.91% -3325.39% -13.34%
Basic Earnings Per Share
Diluted Earnings Per Share $0.37 $0.14 -$208.0K -$3.967M -$275.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $125.5M $251.5M $489.5M $285.3M $81.29M
YoY Change -50.11% -48.62% 71.56% 251.02%
Cash & Equivalents $125.5M $251.5M $489.5M $285.3M $81.29M
Short-Term Investments
Other Short-Term Assets $41.01M $29.91M $72.50M $80.07M $12.07M
YoY Change 37.11% -58.74% -9.44% 563.24%
Inventory $21.02M $12.78M $11.77M $7.462M $11.56M
Prepaid Expenses
Receivables $58.48M $37.28M $36.40M $35.25M $25.00M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $246.0M $331.5M $610.2M $408.1M $129.9M
YoY Change -25.8% -45.67% 49.52% 214.14%
Property, Plant & Equipment $19.98M $18.29M $1.082M $4.016M
YoY Change 9.25% 1590.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.993M
YoY Change
Other Assets $88.62M $4.391M $787.0K $664.0K $2.146M
YoY Change 1918.13% 457.94% 18.52% -69.06%
Total Long-Term Assets $1.304B $819.9M $798.6M $751.0M $1.367B
YoY Change 59.05% 2.67% 6.33% -45.07%
Total Assets $1.550B $1.151B $1.409B $1.159B $1.497B
YoY Change
Accounts Payable $257.5M $161.3M $191.2M $62.77M $91.44M
YoY Change 59.64% -15.63% 204.61% -31.36%
Accrued Expenses $174.7M $162.9M $281.2M $237.5M $31.31M
YoY Change 7.26% -42.05% 18.36% 658.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.933M $2.750M $0.00 $6.412M $5.856M
YoY Change 43.02% -100.0% 9.49%
Total Short-Term Liabilities $487.8M $378.0M $497.5M $331.3M $163.2M
YoY Change 29.03% -24.02% 50.18% 102.94%
Long-Term Debt $264.6M $264.9M $460.1M $870.9M $606.6M
YoY Change -0.1% -42.43% -47.17% 43.57%
Other Long-Term Liabilities $45.25M $28.36M $25.83M $510.0K $1.852M
YoY Change 59.56% 9.76% 4965.49% -72.46%
Total Long-Term Liabilities $309.9M $293.3M $486.0M $871.4M $608.4M
YoY Change 5.67% -39.66% -44.23% 43.22%
Total Liabilities $1.445B $1.534B $2.269B $1.203B $771.7M
YoY Change -5.8% -32.4% 88.7% 55.85%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $698.02 Million

About Vivid Seats Inc.

Vivid Seats, Inc. operates as an online ticket marketplace, which engages in the provision of different selections of events and tickets in North America. The company is headquartered in Chicago, Illinois and currently employs 768 full-time employees. The company went IPO on 2020-08-20. Its segments include Marketplace and Resale. In its Marketplace segment, it acts as an intermediary between ticket buyers and sellers through which it processes ticket sales on its Website and mobile applications and initiates sales through its numerous distribution partners. Its Marketplace segment also includes its Vivid Picks daily fantasy sports offering, where users partake in contests by making picks from a variety of sport and player matchups. In its Resale segment, it acquires tickets to resell on secondary ticket marketplaces, including its own. The segment also provides internal research and development support for Skybox, an ERP tool used by the majority of its ticket sellers. Skybox is a free-to-use system that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces.

Industry: Services-Miscellaneous Amusement & Recreation Peers: AMAZON COM INC Revolve Group, Inc. Chewy, Inc. Newegg Commerce, Inc. ETSY INC Qurate Retail, Inc. BEYOND, INC. Poshmark, Inc. Xometry, Inc. Wayfair Inc.