Vivid Seats Inc. | Small-cap | Communication Services
$12.70
-5.79%
| Vivid Seats Stock Comparison:
Vivid Seats vs AlphabetVivid Seats vs Meta PlatformsVivid Seats vs YelpVivid Seats vs Asset EntitiesVivid Seats vs Taboola.comVivid Seats vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 143.6M
Gross Profit 101.1M 70.45%
Operating Income -11.3M -7.85%
Net Income -263.3M -183.42%
EPS (Diluted) $-25.40

Balance Sheet Metrics

Total Assets 1.6B
Total Liabilities 999.2M
Shareholders Equity 606.3M
Debt to Equity 1.65

Cash Flow Metrics

Operating Cash Flow -12.6M
Free Cash Flow -32.7M

Revenue & Profitability Trend

Vivid Seats Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 775.6M 712.9M 600.3M 443.0M 35.1M
Cost of Goods Sold i 201.9M 182.2M 140.5M 90.6M 24.7M
Gross Profit i 573.7M 530.7M 459.8M 352.4M 10.4M
Gross Margin % i 74.0% 74.4% 76.6% 79.5% 29.6%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 479.8M 427.2M 371.6M 273.5M 104.3M
Other Operating Expenses i - - - - -
Total Operating Expenses i 479.8M 427.2M 371.6M 273.5M 104.3M
Operating Income i 42.2M 80.3M 76.0M 76.6M -142.2M
Operating Margin % i 5.4% 11.3% 12.7% 17.3% -405.3%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i 23.2M 13.5M 12.9M 58.2M 57.5M
Other Non-Operating Income 3.7M 4.1M 6.0M -37.2M -574.5M
Pre-tax Income i 22.7M 70.9M 69.2M -18.8M -774.2M
Income Tax i 8.4M -42.2M -1.6M 304.0K 0
Effective Tax Rate % i 37.0% -59.5% -2.3% 0.0% 0.0%
Net Income i 14.3M 113.1M 70.8M -19.1M -774.2M
Net Margin % i 1.8% 15.9% 11.8% -4.3% -2,207.1%
Key Metrics
EBITDA i 91.8M 101.4M 94.2M 77.5M -93.9M
EPS (Basic) i $1.42 $0.51 $0.37 $-0.04 $0.00
EPS (Diluted) i $1.42 $0.51 $0.37 $-0.04 $0.00
Basic Shares Outstanding i 6619287 133875814 78068297 79091871 76948433
Diluted Shares Outstanding i 6619287 133875814 78068297 79091871 76948433

Income Statement Trend

Vivid Seats Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 243.5M 125.5M 251.5M 489.5M 285.3M
Short-term Investments i - - - - -
Accounts Receivable i 48.3M 58.5M 36.5M 36.1M 35.2M
Inventory i 19.6M 21.0M 12.8M 11.8M 7.5M
Other Current Assets 25.2M 25.8M 23.9M 62.9M 77.8M
Total Current Assets i 345.2M 246.0M 331.5M 610.2M 408.1M
Non-Current Assets
Property, Plant & Equipment i 12.0M 9.8M 7.9M 0 -
Goodwill i 2.1B 2.1B 1.5B 1.5B 1.4B
Intangible Assets i 233.1M 241.2M 82.0M 78.5M 67.0M
Long-term Investments 3.3M 4.1M - - -
Other Non-Current Assets 83.2M 88.6M 4.4M 787.0K 664.0K
Total Non-Current Assets i 1.3B 1.3B 819.9M 798.6M 751.0M
Total Assets i 1.6B 1.6B 1.2B 1.4B 1.2B
Liabilities
Current Liabilities
Accounts Payable i 233.0M 257.5M 161.3M 191.2M 62.8M
Short-term Debt i 4.0M 3.9M 2.8M - 6.4M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 25.8M 16.9M 6.4M 29.2M 18.6M
Total Current Liabilities i 425.8M 487.8M 378.0M 497.5M 331.3M
Non-Current Liabilities
Long-term Debt i 403.7M 280.8M 279.8M 460.1M 870.9M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities 36.9M 29.0M 13.4M 25.8M 510.0K
Total Non-Current Liabilities i 596.3M 475.6M 293.3M 486.0M 1.1B
Total Liabilities i 1.0B 963.3M 671.3M 983.5M 1.4B
Equity
Common Stock i 22.0K 22.0K 20.0K 20.0K 0
Retained Earnings i -930.2M -939.6M -1.0B -1.0B -1.0B
Treasury Stock i 75.6M 52.6M 32.5M 0 -
Other Equity - - - - -
Total Shareholders Equity i 614.0M 586.8M 480.2M 425.3M -271.8M
Key Metrics
Total Debt i 407.6M 284.8M 282.6M 460.1M 877.3M
Working Capital i -80.6M -241.8M -46.5M 112.7M 76.8M

Balance Sheet Composition

Vivid Seats Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 14.3M 113.1M 70.8M -19.1M -774.2M
Depreciation & Amortization i 45.9M 18.0M 9.9M 2.3M 48.2M
Stock-Based Compensation i 50.4M 27.6M 19.1M 6.0M 4.3M
Working Capital Changes i -24.0M 36.0M -29.3M 142.0M -34.3M
Operating Cash Flow i 81.8M 150.2M 69.5M 160.9M -736.4M
Investing Activities
Capital Expenditures i -4.2M -895.0K -3.6M -1.1M -341.0K
Acquisitions i 0 -206.9M -8.0K 301.0K 0
Investment Purchases i 0 -6.0M 0 0 -
Investment Sales i - - - - -
Investing Cash Flow i -6.6M -213.8M -3.6M -831.0K -341.0K
Financing Activities
Share Repurchases i -23.0M -20.1M -32.5M -236.0M 0
Dividends Paid i - 0 0 -17.7M -120.0K
Debt Issuance i 125.5M 0 275.0M 0 260.0M
Debt Repayment i -5.3M -3.0M -467.8M -413.0M -55.9M
Financing Cash Flow i 86.1M -43.4M -236.5M 38.0M 195.5M
Free Cash Flow i 29.5M 134.5M -1.0M 166.1M -41.5M
Net Change in Cash i 161.3M -107.0M -170.6M 198.1M -541.2M

Cash Flow Trend

Vivid Seats Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 46.50
Forward P/E 64.19
Price to Book 0.40
Price to Sales 0.20
PEG Ratio 0.00

Profitability Ratios

Profit Margin -20.35%
Operating Margin -7.85%
Return on Equity -57.08%
Return on Assets -0.09%

Financial Health

Current Ratio 0.72
Debt to Equity 117.47
Beta 0.94

Per Share Data

EPS (TTM) $-25.80
Book Value per Share $33.35
Revenue per Share $105.38

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
seat 1.0B 46.50 0.40 -57.08% -20.35% 117.47
Alphabet 3.0T 26.73 8.35 34.83% 31.12% 11.48
Meta Platforms 1.7T 27.10 9.47 39.84% 39.11% 26.76
Yelp 2.0B 14.51 2.71 20.13% 10.28% 4.10
Asset Entities 1.3B -58.44 2.89 -92.45% -289.84% 34.46
Taboola.com 961.0M 80.25 1.03 1.40% 0.75% 18.97

Financial data is updated regularly. All figures are in the company's reporting currency.