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Dec 31, 2024
Vivid Seats Q4 2024 Earnings Report
Vivid Seats reported a slight revenue increase but faced a net loss in Q4 2024.
Key Takeaways
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.
Revenue increased 1% to $199.8 million.
Net loss of $4.4 million, down from a net income of $28.5 million in Q4 2023.
Adjusted EBITDA decreased 2% to $34.2 million.
Marketplace GOV declined 11% to $994.4 million.
Forward Guidance
Vivid Seats anticipates growth in the second half of 2025, with strategic investments aimed at driving market expansion and profitability.
Positive Outlook
- Anticipated revenue growth in the second half of 2025.
- Continued expansion into international markets.
- Strategic investments in marketing and technology.
- Strong customer engagement and retention metrics.
- Partnerships, including United Airlines, to enhance audience reach.
Challenges Ahead
- Ongoing competitive intensity in the ticketing industry.
- Lower marketplace order volume in recent quarters.
- Higher promotional expenses impacting profitability.
- Market uncertainty due to fluctuating live event demand.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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