Vivid Seats Inc. (SEAT)
NASDAQ: SEAT · Real-Time Price · USD
3.520
+0.140 (4.14%)
At close: Dec 20, 2024, 4:00 PM
3.480
-0.040 (-1.14%)
After-hours: Dec 20, 2024, 6:13 PM EST
Vivid Seats Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 774.08 | 712.88 | 600.27 | 443.04 | 35.08 | 468.93 |
| Revenue Growth (YoY) | 13.91% | 18.76% | 35.49% | 1163.04% | -92.52% | - |
| Cost of Revenue | 200.72 | 182.18 | 140.51 | 90.62 | 24.69 | 106 |
| Gross Profit | 573.35 | 530.7 | 459.77 | 352.42 | 10.39 | 362.92 |
| Selling, General & Admin | 470.68 | 422.62 | 371.61 | 273.53 | 104.32 | 279.78 |
| Other Operating Expenses | 8.43 | 5.96 | 4.38 | - | - | - |
| Operating Expenses | 519.34 | 445.76 | 383.73 | 275.85 | 152.57 | 372.86 |
| Operating Income | 54.02 | 84.94 | 76.04 | 76.57 | -142.18 | -9.94 |
| Interest Expense | -21.62 | -13.51 | -12.86 | -58.18 | -57.48 | -41.5 |
| Other Non Operating Income (Expenses) | 5.98 | 3.11 | 8.23 | -0.09 | - | - |
| EBT Excluding Unusual Items | 38.38 | 74.54 | 71.41 | 18.3 | -199.66 | -51.43 |
| Merger & Restructuring Charges | -4.6 | -4.6 | - | -1.3 | - | - |
| Impairment of Goodwill | - | - | - | - | -377.1 | - |
| Asset Writedown | - | - | - | - | -196.74 | - |
| Other Unusual Items | - | 1 | -2.22 | -35.83 | -0.69 | -2.41 |
| Pretax Income | 33.78 | 70.94 | 69.19 | -18.83 | -774.19 | -53.85 |
| Income Tax Expense | -13.46 | -42.2 | -1.59 | 0.3 | - | - |
| Earnings From Continuing Operations | 47.24 | 113.14 | 70.78 | -19.13 | -774.19 | -53.85 |
| Minority Interest in Earnings | -11.97 | -38.61 | -42.12 | 3.01 | - | - |
| Net Income | 35.28 | 74.54 | 28.66 | -16.12 | -774.19 | -53.85 |
| Preferred Dividends & Other Adjustments | - | - | - | -12.84 | -774.19 | - |
| Net Income to Common | 35.28 | 74.54 | 28.66 | -3.28 | - | -53.85 |
| Net Income Growth | -40.87% | 160.05% | - | - | - | - |
| Shares Outstanding (Basic) | 127 | 93 | 80 | 77 | - | - |
| Shares Outstanding (Diluted) | 152 | 199 | 199 | 77 | - | - |
| Shares Change (YoY) | -23.07% | 0.07% | 156.45% | - | - | - |
| EPS (Basic) | 0.28 | 0.80 | 0.36 | -0.04 | - | - |
| EPS (Diluted) | -0.15 | 0.26 | 0.36 | -0.04 | - | - |
| EPS Growth | - | -27.69% | - | - | - | - |
| Free Cash Flow | 38.19 | 146.43 | 10.82 | 174.66 | -34.23 | 75.22 |
| Free Cash Flow Per Share | 0.25 | 0.74 | 0.05 | 2.25 | - | - |
| Gross Margin | 74.07% | 74.44% | 76.59% | 79.55% | 29.61% | 77.39% |
| Operating Margin | 6.98% | 11.92% | 12.67% | 17.28% | -405.34% | -2.12% |
| Profit Margin | 4.56% | 10.46% | 4.77% | -0.74% | - | -11.48% |
| Free Cash Flow Margin | 4.93% | 20.54% | 1.80% | 39.42% | -97.59% | 16.04% |
| EBITDA | 94.25 | 102.12 | 83.77 | 78.89 | -93.93 | 83.14 |
| EBITDA Margin | 12.18% | 14.32% | 13.96% | 17.81% | -267.79% | 17.73% |
| D&A For EBITDA | 40.23 | 17.18 | 7.73 | 2.32 | 48.25 | 93.08 |
| EBIT | 54.02 | 84.94 | 76.04 | 76.57 | -142.18 | -9.94 |
| EBIT Margin | 6.98% | 11.91% | 12.67% | 17.28% | - | -2.12% |
| Advertising Expenses | - | 273.5 | 247.3 | 180.7 | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.