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Sep 30, 2021
Vivid Seats Q3 2021 Earnings Report
Reported record-setting results, marking its first reported results as a public company.
Key Takeaways
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.
Revenues of $139.5 million increased from negative $7.1 million in the third quarter of 2020
Net loss of $1.8 million as compared to net loss of $40.2 million in the third quarter of 2020
Marketplace Gross Order Value of $713.1 million increased from negative $30.8 million in the third quarter 2020
Adjusted EBITDA of $42.0 million increased from negative $19.5 million in the third quarter of 2020
Vivid Seats
Vivid Seats
Forward Guidance
The Company maintained the following full-year 2021 guidance:
Positive Outlook
- Marketplace GOV to be in the range of $2,225,000,000 to $2,325,000,000
- Revenues to be in the range of $420,000,000 to $435,000,000
- Adjusted EBITDA to be in the range of $102,000,000 to $107,000,000