Financial PerformanceAnalyst recommends a Buy rating based on the company's consistent track record of beating consensus on sales and adjusted EBITDA, and its attractive valuation trading at a discount compared to comparable companies.
Growth StrategySEAT has multiple paths to grow sustainably, including organic growth, expansion into new markets and services, and a loyalty program that rewards customers, positioning it for future EBITDA margin improvement.
Market PositionThe company merged with Horizon Acquisition Corporation and is positioned as a leading online ticket marketplace, which empowers buyers and maximizes sellers' ability to move inventory.