VIVID SEATS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.92 USD | -0.17% |
|
+0.51% | -6.33% |
| Apr. 25 | 'Taylor Swift Act' and other efforts target sky-high concert ticket prices | RE |
| Apr. 17 | Maxim Initiates Coverage on Vivid Seats With Buy Rating, $7 Price Target | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 837.2 | 593.5 | 852.5 | 788.2 | - | - |
| Enterprise Value (EV) 1 | 807.8 | 608.8 | 988.6 | 834.3 | 754.1 | 722.8 |
| P/E ratio | -54.4 x | 20.3 x | - | 22.1 x | 16.2 x | 15.2 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.89 x | 0.99 x | 1.2 x | 0.96 x | 0.88 x | 0.84 x |
| EV / Revenue | 1.82 x | 1.01 x | 1.39 x | 1.01 x | 0.84 x | 0.77 x |
| EV / EBITDA | 7.35 x | 5.37 x | 6.96 x | 5.05 x | 3.96 x | 3.4 x |
| EV / FCF | 3.69 x | -702 x | 7.32 x | 7.84 x | 6.05 x | 5.52 x |
| FCF Yield | 27.1% | -0.14% | 13.7% | 12.8% | 16.5% | 18.1% |
| Price to Book | - | -2.17 x | 4.59 x | 4.74 x | 2.95 x | 4.85 x |
| Nbr of stocks (in thousands) | 76,948 | 81,296 | 134,892 | 133,141 | - | - |
| Reference price 2 | 10.88 | 7.300 | 6.320 | 5.920 | 5.920 | 5.920 |
| Announcement Date | 3/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | 443 | 600.3 | 712.9 | 823.2 | 895.3 | 937.4 |
| EBITDA 1 | 109.9 | 113.3 | 142 | 165.1 | 190.5 | 212.7 |
| EBIT 1 | 76.57 | 78.1 | 81.34 | 106.2 | 130.5 | 153 |
| Operating Margin | 17.28% | 13.01% | 11.41% | 12.9% | 14.58% | 16.32% |
| Earnings before Tax (EBT) 1 | -18.82 | 69.19 | 70.94 | 92.86 | 117 | 142 |
| Net income 1 | -19.13 | 70.78 | 107 | 84.99 | 99.8 | 121.1 |
| Net margin | -4.32% | 11.79% | 15.02% | 10.33% | 11.15% | 12.92% |
| EPS 2 | -0.2000 | 0.3600 | - | 0.2679 | 0.3656 | 0.3900 |
| Free Cash Flow 1 | 218.8 | -0.867 | 135.1 | 106.4 | 124.7 | 130.9 |
| FCF margin | 49.39% | -0.14% | 18.95% | 12.93% | 13.92% | 13.97% |
| FCF Conversion (EBITDA) | 199.15% | - | 95.14% | 64.46% | 65.44% | 61.54% |
| FCF Conversion (Net income) | - | - | 126.2% | 125.22% | 124.91% | 108.09% |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 3/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 139.5 | 163.9 | 130.8 | 147.7 | 156.8 | 165 | 161.1 | 165.4 | 188.1 | 198.3 | 181.8 | 199.4 | 216.1 | 226.4 | 203.5 |
| EBITDA 1 | 41.96 | 27.52 | 21.01 | 30.33 | 28.28 | 33.7 | 42.44 | 31.08 | 33.37 | 35.1 | 34.34 | 39.36 | 43.89 | 46.74 | 41.47 |
| EBIT 1 | 15.47 | 45.55 | 13.72 | 17.93 | 21.7 | 24.76 | 33.51 | 17.61 | 20.12 | 10.1 | 21.04 | 25.48 | 29.78 | 31.62 | 23.93 |
| Operating Margin | 11.09% | 27.79% | 10.49% | 12.14% | 13.84% | 15.01% | 20.81% | 10.65% | 10.69% | 5.09% | 11.58% | 12.78% | 13.78% | 13.97% | 11.76% |
| Earnings before Tax (EBT) 1 | -1.847 | 0.628 | 3.214 | 24.06 | 18.86 | 23.05 | 30.56 | 13.84 | 18.61 | 7.931 | 18.3 | 21.75 | 26.3 | 28.39 | 21.67 |
| Net income 1 | -1.847 | 0.324 | 1.259 | 9.655 | 7.663 | 24.83 | 30.27 | 30.71 | 6.677 | 22.43 | 17.21 | 20.2 | 24.39 | 25.58 | 19.76 |
| Net margin | -1.32% | 0.2% | 0.96% | 6.54% | 4.89% | 15.05% | 18.8% | 18.57% | 3.55% | 11.31% | 9.46% | 10.13% | 11.29% | 11.3% | 9.71% |
| EPS 2 | -0.0200 | 0.0400 | 0.0200 | 0.1200 | 0.0900 | 0.1300 | 0.1500 | 0.2000 | 0.0700 | - | 0.0494 | 0.0654 | 0.0892 | 0.0807 | 0.0711 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/15/21 | 3/10/22 | 5/10/22 | 8/9/22 | 11/8/22 | 3/7/23 | 5/9/23 | 8/8/23 | 11/7/23 | 3/5/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | 15.4 | 136 | 46.1 | - | - |
| Net Cash position 1 | 29.4 | - | - | - | 34.1 | 65.3 |
| Leverage (Debt/EBITDA) | - | 0.1355 x | 0.9588 x | 0.2794 x | - | - |
| Free Cash Flow 1 | 219 | -0.87 | 135 | 106 | 125 | 131 |
| ROE (net income / shareholders' equity) | - | - | - | 47.3% | 45.3% | 43.2% |
| ROA (Net income/ Total Assets) | - | 5.95% | 8.38% | 4.34% | 5.84% | - |
| Assets 1 | - | 1,189 | 1,278 | 1,956 | 1,708 | - |
| Book Value Per Share 2 | - | -3.360 | 1.380 | 1.250 | 2.000 | 1.220 |
| Cash Flow per Share 2 | 2.660 | 0.0700 | 0.7400 | 0.6700 | 1.520 | - |
| Capex 1 | 1.13 | 3.56 | 0.9 | 7.3 | 7.49 | 13.4 |
| Capex / Sales | 0.26% | 0.59% | 0.13% | 0.89% | 0.84% | 1.43% |
| Announcement Date | 3/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
5.92
USD
Average target price
9.375
USD
Spread / Average Target
+58.36%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -6.33% | 788M | |
| +18.66% | 414B | |
| +15.27% | 242B | |
| +12.15% | 144B | |
| +20.63% | 104B | |
| +17.19% | 83.87B | |
| +54.11% | 57.64B | |
| +33.59% | 53.37B | |
| +6.02% | 37.83B | |
| +15.88% | 34.11B |
- Stock Market
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- Financials Vivid Seats Inc.
