The earnings call highlighted Vivid Seats' revenue growth, successful loyalty program, and strategic partnerships, indicating a focus on long-term growth. However, challenges such as a decline in marketplace GOV and competitive intensity pose risks to short-term performance.
Company Guidance
During Vivid Seats' Fourth Quarter 2024 earnings call held on March 12, 2025, the company provided guidance for the upcoming year. They reported a 2024 fourth quarter revenue of $200 million, marking a 1% increase year-over-year, with a $33 million adjusted EBITDA, which was a 5% decrease year-over-year. For the full year 2024, Vivid Seats achieved $776 million in revenues, a 9% year-over-year increase, and $151 million in adjusted EBITDA, a 7% increase from the previous year. The company also saw a 16.6% take rate, up 160 basis points year-over-year in Q4. Looking ahead to 2025, expectations are set for a marketplace gross order value (GOV) ranging from $3.7 billion to $4.1 billion, revenue between $730 million and $810 million, and adjusted EBITDA between $110 million and $150 million, with an anticipated return to top-line growth in the second half of the year.
Revenue Growth
For full year 2024, Vivid Seats delivered $776 million of revenues, which was 9% higher year-over-year.
Loyalty Program Success
The Vivid Seats Rewards program saw enrolled members making repeat orders 2 to 3 times as often as non-enrolled customers, with repeat orders reaching 61% of total orders in 2024.
Vegas.com Synergies
Cross-sold Vegas.com customers are converting to Vivid Seats' customers at an encouraging rate, generating substantial GOV while incurring minimal marketing expense.
Strategic Partnerships
New partnership with United Airlines allows MileagePlus members to earn miles for purchasing tickets through Vivid Seats, expected to go live later this year.
Cash Generation and Financial Flexibility
Vivid Seats increased its cash balance by $41 million in Q4 and ended the year with $243 million of unrestricted cash.
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Vivid Seats (SEAT) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SEAT Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 12, 2025
$3.77
$2.90
-23.08%
Nov 07, 2024
$4.11
$3.74
-9.00%
Aug 06, 2024
$4.20
$4.29
+2.14%
May 07, 2024
$5.49
$5.41
-1.46%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vivid Seats (SEAT) report earnings?
Vivid Seats (SEAT) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Vivid Seats (SEAT) earnings time?
Vivid Seats (SEAT) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.