Vivid Seats Earnings Reports

Vivid Seats reported Q4 2024 revenue of $199.8 million, a 1% year-over-year increase. However, the company posted a net loss of $4.4 million, compared to a net income of $28.5 million in Q4 2023. Adjusted EBITDA declined slightly to $34.2 million. Marketplace Gross Order Value (GOV) fell 11% to $994.4 million, and total marketplace orders declined to 2.61 million from 2.97 million in Q4 2023.

Vivid Seats reported a slight decrease in revenue, attributed to temporary headwinds from concert supply, while maintaining strong unit economics and realizing synergies from the Vegas.com acquisition. The company is also rolling out Skybox Drive after exiting its beta phase.

Vivid Seats reported a 20% year-over-year increase in revenue, reaching $198.3 million for Q2 2024. Adjusted EBITDA grew by 42% year-over-year, demonstrating the strength of the platform. However, the company experienced a net loss of $1.2 million, a decrease from the net income of $38.3 million in Q2 2023.

Vivid Seats reported a strong first quarter with a 20% increase in Marketplace GOV and an 18% increase in revenue. The company is focused on international expansion and anticipates sustained double-digit growth.

Vivid Seats reported a 20% increase in revenues to $198.3 million and a 31% increase in Marketplace GOV to $1,112.3 million. Net income decreased by 10% to $22.4 million, while adjusted EBITDA increased by 4% to $35.1 million. The company authorized a new $100 million share repurchase program.

Vivid Seats reported a 28% increase in Marketplace GOV, reaching $998.9 million, and a 20% increase in revenue to $188.1 million. The company also announced the acquisition of Vegas.com, expanding its domestic TAM by over $6 billion. 2023 guidance was raised and initial 2024 guidance projects a 26% Adjusted EBITDA growth.

Vivid Seats reported a strong second quarter with record Marketplace GOV and solid profitability, leading to raised guidance for 2023 Marketplace GOV, Revenues, and Adjusted EBITDA. The company also expanded its TAM internationally by acquiring Wavedash.

Vivid Seats reported an excellent start to 2023, with Q1 revenues of $161.1 million, a 23% increase year-over-year, and adjusted EBITDA of $42.4 million, a 102% increase year-over-year. The company is raising its guidance for 2023 Marketplace GOV, Revenues and Adjusted EBITDA.

Vivid Seats reported a slight increase in revenue and a significant increase in net income for Q4 2022. Marketplace GOV decreased slightly, but Adjusted EBITDA increased by 22%.

Vivid Seats reported a strong Q3 2022, achieving record Marketplace GOV and Revenues for the sixth consecutive quarter. The company's performance reflects the strength of its technology platform and strategic investments in differentiated products and services.

Vivid Seats reported a strong second quarter in 2022, with record-setting Marketplace GOV driven by a record number of Marketplace Orders. Revenues and net income increased significantly compared to the previous year, although Adjusted EBITDA decreased. The company raised its full-year 2022 guidance for Marketplace GOV, Revenues, and Adjusted EBITDA.

Vivid Seats reported a strong first quarter in 2022, with Marketplace GOV and Revenues reaching record levels. The company's performance reflects a strong consumer demand for live events and the strength of its platform. As a result of this performance, Vivid Seats raised its full year 2022 guidance.

Vivid Seats reported Q4 2021 financial results, achieving record Marketplace GOV of $876.5 million and revenues of $163.9 million. Net income was $0.3 million and Adjusted EBITDA was $27.5 million. The company exceeded the high end of its full year guidance across Marketplace GOV, Revenues and Adjusted EBITDA.

Vivid Seats reported a strong third quarter with revenues of $139.5 million and Marketplace GOV of $713.1 million. The company's results were the highest single quarter results for Marketplace GOV, Revenues and Adjusted EBITDA in company history.