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Dec 31, 2022
Vivid Seats Q4 2022 Earnings Report
Vivid Seats reported mixed results for Q4 2022, with revenue slightly up and net income significantly increased.
Key Takeaways
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%.
Marketplace GOV decreased by 3% to $846.0 million compared to Q4 2021.
Revenues increased by 1% to $165.0 million compared to Q4 2021.
Net income increased significantly to $24.8 million, up 7565% from $0.3 million in Q4 2021.
Adjusted EBITDA increased by 22% to $33.7 million compared to $27.5 million in Q4 2021.
Vivid Seats
Vivid Seats
Forward Guidance
Vivid Seats anticipates Marketplace GOV, Revenues and Adjusted EBITDA for the year ending December 31, 2023 to be in the following ranges: Marketplace GOV in the range of $3.0 billion to $3.3 billion, Revenues in the range of $580.0 million to $610.0 million and Adjusted EBITDA in the range of $110.0 million to $115.0 million