Cash flow Vivid Seats Inc.

Equities

SEAT

US92854T2096

Internet Services

Market Closed - Nasdaq Other stock markets 21:00:00 13/02/2026 GMT			5-day change	1st Jan Change
6.660 ^USD	-2.20%		-4.03%	-7.63%

01-20	Vivid Seats Inc appoints Joseph Thomas as CFO, effective Jan 14 - SEC filing	RE
01-20	Vivid Seats Inc. Announces Chief Financial Officer Changes	CI

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Published financial data: VIVID SEATS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	35.08M	443M	600M	713M	776M
Total Revenues	35.08M	443M	600M	713M	776M
Cost of Goods Sold, Total	24.69M	90.62M	141M	182M	202M
Gross Profit	10.39M	352M	460M	531M	574M
Selling General & Admin Expenses, Total	96.9M	251M	367M	423M	480M
Depreciation & Amortization - (IS)	48.25M	2.32M	7.73M	17.18M	44.24M
Other Operating Expenses	7.06M	10.02M	4.38M	5.96M	7.44M
Other Operating Expenses, Total	152M	263M	379M	446M	532M
Operating Income	-142M	89.42M	80.88M	84.94M	42.22M
Interest Expense, Total	-57.48M	-58.18M	-12.86M	-13.5M	-23.17M
Net Interest Expenses	-57.48M	-58.18M	-12.86M	-13.5M	-23.17M
Currency Exchange Gains (Loss)	-	-	-	-	-4.1M
Other Non Operating Income (Expenses)	-	-	8.23M	3.11M	9.47M
EBT, Excl. Unusual Items	-199M	31.24M	76.25M	74.54M	24.42M
Merger & Related Restructuring Charges	-359K	-14.24M	-4.84M	-4.6M	-
Impairment of Goodwill	-377M	-	-	-	-
Asset Writedown	-197M	-	-	-	-
Other Unusual Items	-685K	-35.83M	-2.22M	998K	-1.7M
EBT, Incl. Unusual Items	-774M	-18.82M	69.19M	70.94M	22.72M
Income Tax Expense	-	304K	-1.59M	-42.2M	8.42M
Earnings From Continuing Operations	-774M	-19.13M	70.78M	113M	14.3M
Net Income to Company	-774M	-19.13M	70.78M	113M	14.3M
Minority Interest	-	3.01M	-42.12M	-38.6M	-4.88M
Net Income - (IS)	-774M	-16.12M	28.66M	74.54M	9.42M
Net Income to Common Incl Extra Items	-774M	-16.12M	28.66M	74.54M	9.42M
Net Income to Common Excl. Extra Items	-774M	-16.12M	28.66M	74.54M	9.42M
Per Share Items
Net EPS - Basic	-	-4.08	7.14	16.08	1.42
Basic EPS - Continuing Operations	-	-4.08	7.14	16.08	1.42
Basic Weighted Average Shares Outstanding	-	3.95M	4.01M	4.63M	6.62M
Net EPS - Diluted	-	-4.08	7.12	5.15	1.12
Diluted EPS - Continuing Operations	-	-4.08	7.12	5.15	1.12
Diluted Weighted Average Shares Outstanding	-	3.95M	9.94M	9.94M	10.46M
Normalized Basic EPS	-	5.7	1.38	1.72	1.57
Normalized Diluted EPS	-	5.7	0.56	0.8	0.99
Payout Ratio	-0.02	-	-	-	-
Supplemental Items
EBITDA	-93.57M	91.74M	88.61M	102M	86.46M
EBITA	-94.46M	91.69M	88.03M	101M	84.62M
EBIT	-142M	89.42M	80.88M	84.94M	42.22M
EBITDAR	-90.76M	95.44M	92.21M	104M	89.46M
Effective Tax Rate - (Ratio)	-	-1.61	-2.3	-59.48	37.05
Current Domestic Taxes	-	304K	263K	1.41M	3.3M
Current Foreign Taxes	-	-	-	1.25M	3.87M
Total Current Taxes	-	304K	263K	2.66M	7.17M
Deferred Domestic Taxes	-	-	-	-44.49M	5.35M
Deferred Foreign Taxes	-	-	-1.85M	-372K	-4.1M
Total Deferred Taxes	-	-	-1.85M	-44.86M	1.25M
Normalized Net Income	-125M	22.54M	5.54M	7.98M	10.38M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	274M	-
Marketing Expenses	37.52M	181M	247M	-	285M
Selling and Marketing Expenses	38.12M	181M	248M	274M	285M
General and Administrative Expenses	58.78M	65.6M	115M	147M	192M
Net Rental Expense, Total	2.82M	3.7M	3.6M	2M	3M
Imputed Operating Lease Interest Expense	1.74M	2.57M	991K	758K	1.6M
Imputed Operating Lease Depreciation	1.08M	1.13M	2.61M	1.24M	1.4M
Stock-Based Comp., G&A Exp. (Total)	4.29M	-	19.05M	27.61M	50.43M
Stock-Based Comp., Other (Total)	-	6.05M	-	-	-
Total Stock-Based Compensation	4.29M	6.05M	19.05M	27.61M	50.43M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	285M	490M	252M	125M	243M
Total Cash And Short Term Investments	285M	490M	252M	125M	243M
Accounts Receivable, Total	35.25M	36.12M	36.53M	52.52M	41.88M
Other Receivables	-	-	-	5.96M	6.44M
Total Receivables	35.25M	36.12M	36.53M	58.48M	48.32M
Inventory	7.46M	11.77M	12.78M	21.02M	19.6M
Prepaid Expenses	2.31M	9.57M	6.03M	8.22M	7.39M
Restricted Cash	-	280K	748K	6.95M	1.17M
Other Current Assets, Total	77.76M	62.93M	23.88M	25.84M	25.22M
Total Current Assets	408M	610M	332M	246M	345M
Gross Property Plant And Equipment	-	1.13M	21.06M	21.98M	28.01M
Accumulated Depreciation	-	-50K	-2.77M	-2M	-3.43M
Net Property Plant And Equipment	-	1.08M	18.29M	19.98M	24.58M
Long-term Investments	-	-	-	2.87M	3.6M
Goodwill	683M	718M	715M	947M	943M
Other Intangibles, Total	67.02M	78.51M	81.98M	224M	207M
Loans Receivable Long-Term	-	-	-	-	1.8M
Deferred Tax Assets Long-Term	-	-	-	85.56M	77.97M
Deferred Charges Long-Term	-	-	-	17.27M	25.81M
Other Long-Term Assets, Total	664K	787K	4.39M	7.18M	6.74M
Total Assets	1.16B	1.41B	1.15B	1.55B	1.64B
Liabilities
Accounts Payable, Total	62.77M	191M	161M	258M	233M
Accrued Expenses, Total	1.09M	27.3M	37.53M	77.42M	56.89M
Current Portion of Long-Term Debt	6.41M	-	2.75M	3.93M	3.95M
Current Portion of Leases	-	3.44M	906K	2.06M	1.97M
Current Income Taxes Payable	16.91M	9.33M	542K	-	-
Unearned Revenue Current, Total	131M	144M	31.98M	98.99M	79.59M
Other Current Liabilities	113M	122M	143M	47.85M	50.4M
Total Current Liabilities	331M	497M	378M	488M	426M
Long-Term Debt	871M	438M	265M	265M	385M
Long-Term Leases	-	22.61M	14.91M	16.22M	18.73M
Other Non Current Liabilities	510K	25.83M	13.44M	195M	193M
Total Liabilities	1.2B	983M	671M	963M	1.02B
Preferred Stock Redeemable	228M	-	-	-	-
Total Preferred Equity	228M	-	-	-	-
Common Stock, Total	-	20K	20K	22K	22K
Additional Paid In Capital	756M	182M	664M	1.1B	1.27B
Retained Earnings	-1.03B	-1.04B	-1.01B	-940M	-930M
Treasury Stock	-	-	-32.49M	-52.59M	-75.57M
Comprehensive Income and Other	-822K	-	-	747K	-880K
Total Common Equity	-272M	-861M	-383M	105M	261M
Minority Interest	-	1.29B	863M	482M	353M
Total Equity	-43.55M	425M	480M	587M	614M
Total Liabilities And Equity	1.16B	1.41B	1.15B	1.55B	1.64B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	-	3.96M	3.86M	6.7M	6.63M
ECS Total Common Shares Outstanding	-	3.95M	3.9M	6.69M	6.62M
Book Value / Share	-	-217.64	-98.04	15.69	39.45
Tangible Book Value	-1.02B	-1.66B	-1.18B	-1.07B	-889M
Tangible Book Value Per Share	-	-419.11	-302.28	-159.29	-134.35
Total Debt	877M	464M	283M	287M	410M
Net Debt	592M	-25.96M	31.92M	161M	166M
Debt Equivalent Oper. Leases	22.52M	29.6M	28.8M	16M	24M
Minority Interest, Total (Incl. Fin. Div)	-	1.29B	863M	482M	353M
Account Code - Inventory Valuation	8	8	8	8	8
Inventories - Finished Goods, Total	7.46M	11.77M	12.78M	-	-
Machinery, Total	-	568K	3.56M	4.5M	5.14M
Full Time Employees	236	430	575	768	768
Accumulated Allowance for Doubtful Accounts (Supple)	5.72M	1.4M	3.7M	10.07M	11.98M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-774M	-16.12M	28.66M	74.54M	9.42M
Depreciation & Amortization - CF	882K	51K	2.75M	2.3M	3.54M
Amortization of Goodwill and Intangible Assets - (CF)	47.36M	2.27M	7.15M	15.7M	42.4M
Depreciation & Amortization, Total	48.25M	2.32M	9.9M	18M	45.94M
Amortization of Deferred Charges, Total - (CF)	3.86M	4.47M	1.05M	924K	988K
(Gain) Loss From Sale Of Asset	169K	-	369K	685K	277K
Asset Writedown & Restructuring Costs	574M	-	-	-	-
Stock-Based Compensation (CF)	4.29M	6.05M	19.05M	27.61M	50.43M
Other Operating Activities, Total	16.36M	59.42M	36.11M	-10.62M	-121K
Change In Accounts Receivable	-10.25M	-874K	-329K	-17.13M	9.78M
Change In Inventories	4.09M	-4.31M	-1.01M	-8.18M	1.41M
Change In Accounts Payable	-28.67M	128M	-30.78M	53.82M	-23.69M
Change in Unearned Revenues	24K	19.18M	6.84M	827K	-10.87M
Change in Other Net Operating Assets	128M	21.63M	-55.5M	6.86M	-29.64M
Cash from Operations	-33.89M	220M	14.38M	147M	53.92M
Capital Expenditure	-341K	-1.13M	-3.56M	-895K	-4.23M
Cash Acquisitions	-	301K	-8K	-207M	-417K
Sale (Purchase) of Intangible assets	-7.26M	-8.51M	-11.85M	-11.88M	-20.1M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-2M
Other Investing Activities, Total	-	-	-	-6M	-
Cash from Investing	-7.6M	-9.34M	-15.42M	-226M	-26.74M
Short Term Debt Issued, Total	50M	-	-	-	-
Long-Term Debt Issued, Total	260M	-	275M	-	126M
Total Debt Issued	310M	-	275M	-	126M
Short Term Debt Repaid, Total	-50M	-	-	-	-
Long-Term Debt Repaid, Total	-5.86M	-457M	-469M	-3.03M	-5.32M
Total Debt Repaid	-55.86M	-457M	-469M	-3.03M	-5.32M
Issuance of Common Stock	-	475M	-	-	-
Repurchase of Common Stock	-	-	-32.49M	-20.09M	-23.7M
Repurchase of Preferred Stock	-	-236M	-	-	-
Common Dividends Paid	-120K	-	-	-	-
Common & Preferred Stock Dividends Paid	-120K	-	-	-	-
Special Dividend Paid	-	-17.7M	-	-	-
Other Financing Activities, Total	-8.48M	230M	-10.1M	-20.31M	-10.41M
Cash from Financing	246M	-6.11M	-236M	-43.43M	86.08M
Foreign Exchange Rate Adjustments	-	-	-	1.9M	-1.04M
Net Change in Cash	204M	204M	-238M	-120M	112M
Supplemental Items
Cash Interest Paid	34.59M	28.6M	14.79M	19.33M	19.5M
Cash Income Tax Paid (Refund)	-	-	-	4.02M	5.47M
Levered Free Cash Flow	17.55M	194M	-21.88M	145M	41.85M
Unlevered Free Cash Flow	49.62M	226M	-14.9M	152M	55.34M
Change In Net Working Capital	-93.33M	-171M	78.99M	-66.55M	43.09M
Net Debt Issued / Repaid	254M	-457M	-194M	-3.03M	120M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-6.67	4.35	3.95	3.93	1.66
Return on Total Capital	-8.16	6.49	6.12	6.49	2.78
Return On Equity %	-227.1	-10.02	15.63	21.21	2.38
Return on Common Equity	-628.15	2.85	-4.61	-53.68	5.15
Margin Analysis
Gross Profit Margin %	29.61	79.55	76.59	74.44	73.97
SG&A Margin	276.25	56.58	61.1	59.28	61.87
EBITDA Margin %	-266.77	20.71	14.76	14.32	11.15
EBITA Margin %	-269.28	20.7	14.66	14.12	10.91
EBIT Margin %	-404.31	20.18	13.47	11.92	5.44
Income From Continuing Operations Margin %	-2.21K	-4.32	11.79	15.87	1.84
Net Income Margin %	-2.21K	-3.64	4.77	10.46	1.22
Net Avail. For Common Margin %	-2.21K	-3.64	4.77	10.46	1.22
Normalized Net Income Margin	-355.12	5.09	0.92	1.12	1.34
Levered Free Cash Flow Margin	50.04	43.79	-3.64	20.33	5.4
Unlevered Free Cash Flow Margin	141.45	50.99	-2.48	21.39	7.14
Asset Turnover
Asset Turnover	0.03	0.35	0.47	0.53	0.49
Fixed Assets Turnover	-	-	61.97	37.25	34.81
Receivables Turnover (Average Receivables)	1.16	12.41	16.52	16.81	16.43
Inventory Turnover (Average Inventory)	2.6	9.42	11.44	10.78	9.94
Short Term Liquidity
Current Ratio	1.23	1.23	0.88	0.5	0.81
Quick Ratio	0.97	1.06	0.76	0.38	0.69
Operating Cash Flow to Current Liabilities	-0.1	0.44	0.04	0.3	0.13
Days Sales Outstanding (Average Receivables)	314.33	29.4	22.09	21.71	22.27
Days Outstanding Inventory (Average Inventory)	140.96	38.74	31.89	33.86	36.82
Average Days Payable Outstanding	1.37K	488.26	454.6	401.41	447.83
Cash Conversion Cycle (Average Days)	-914.92	-420.12	-400.61	-345.83	-388.73
Long Term Solvency
Total Debt/Equity	-2.01K	108.99	59.04	48.89	66.71
Total Debt / Total Capital	105.22	52.15	37.12	32.83	40.02
LT Debt/Equity	-2K	108.18	58.27	47.86	65.74
Long-Term Debt / Total Capital	104.45	51.76	36.64	32.15	39.44
Total Liabilities / Total Assets	103.76	69.81	58.3	62.15	62.47
EBIT / Interest Expense	-2.47	1.54	6.29	6.29	1.82
EBITDA / Interest Expense	-1.63	1.64	7.17	7.71	3.86
(EBITDA - Capex) / Interest Expense	-1.63	1.62	6.89	7.64	3.68
Total Debt / EBITDA	-9.38	4.86	3.07	2.75	4.58
Net Debt / EBITDA	-6.33	-0.27	0.35	1.55	1.86
Total Debt / (EBITDA - Capex)	-9.34	4.92	3.2	2.78	4.81
Net Debt / (EBITDA - Capex)	-6.3	-0.28	0.36	1.56	1.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-92.52	1.16K	35.49	18.76	8.8
Gross Profit, 1 Yr. Growth %	-97.14	3.29K	30.46	15.43	8.11
EBITDA, 1 Yr. Growth %	-212.55	-197.67	-3.41	21.9	-15.33
EBITA, 1 Yr. Growth %	-215.81	-196.71	-4	21.05	-15.91
EBIT, 1 Yr. Growth %	1.33K	-162.89	-9.55	11.7	-50.29
Earnings From Cont. Operations, 1 Yr. Growth %	1.34K	-97.53	-470.01	59.85	-87.36
Net Income, 1 Yr. Growth %	1.34K	-97.92	-277.82	160.05	-87.36
Normalized Net Income, 1 Yr. Growth %	287.49	-118.06	-75.42	217.67	30.05
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-910.33	-27.69	-78.2
Accounts Receivable, 1 Yr. Growth %	41	2.48	1.13	62.59	-20.26
Inventory, 1 Yr. Growth %	-35.43	57.77	8.58	64.42	-6.74
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	1.59K	9.25	22.99
Total Assets, 1 Yr. Growth %	-22.57	21.54	-18.27	34.62	5.55
Tangible Book Value, 1 Yr. Growth %	21.29	62.15	-28.81	-8.53	-16.59
Common Equity, 1 Yr. Growth %	-152.44	216.68	-55.54	-127.44	148.64
Cash From Operations, 1 Yr. Growth %	-144.32	-748.92	-91.82	924.83	-63.4
Capital Expenditures, 1 Yr. Growth %	-72.89	231.96	214.31	-74.85	372.29
Levered Free Cash Flow, 1 Yr. Growth %	-	1.02K	-111.28	-689.79	-71.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-	357.38	-106.59	-966.65	-63.7
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-2.8	313.68	26.85	13.67
Gross Profit, 2 Yr. CAGR %	-	-1.46	565.31	22.71	11.71
EBITDA, 2 Yr. CAGR %	-	5.05	-2.87	13.77	1.59
EBITA, 2 Yr. CAGR %	-	6.03	-3.63	12.96	0.89
EBIT, 2 Yr. CAGR %	-	199.98	-24.58	5.32	-25.48
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-40.4	-69.76	143.2	-55.05
Net Income, 2 Yr. CAGR %	-	-45.29	-80.76	115.04	-42.66
Normalized Net Income, 2 Yr. CAGR %	-	-16.27	-78.93	-25.66	103.26
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	142.06	-60.29
Accounts Receivable, 2 Yr. CAGR %	-	20.21	1.8	20.57	13.86
Inventory, 2 Yr. CAGR %	-	0.93	30.88	33.61	23.83
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-48.09	-	329.74	15.92
Total Assets, 2 Yr. CAGR %	-	-2.99	-0.33	4.9	19.2
Tangible Book Value, 2 Yr. CAGR %	-	40.24	7.44	-19.79	-12.66
Common Equity, 2 Yr. CAGR %	-	28.87	18.66	-65.07	-17.4
Cash From Operations, 2 Yr. CAGR %	-	69.58	-34.87	-8.46	93.68
Capital Expenditures, 2 Yr. CAGR %	-	-5.14	223.02	-11.08	9
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	12.36	-11.72	30.49
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-45.09	-16.35	77.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	8.58	172.9	20.52
Gross Profit, 3 Yr. CAGR %	-	-	8.2	271.07	17.64
EBITDA, 3 Yr. CAGR %	-	-	2.15	2.82	3.1
EBITA, 3 Yr. CAGR %	-	-	2.58	2.02	2.37
EBIT, 3 Yr. CAGR %	-	-	101.15	-15.78	-18
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	9.54	-47.33	-9.24
Net Income, 3 Yr. CAGR %	-	-	-18.96	-54.17	-16.38
Normalized Net Income, 3 Yr. CAGR %	-	-	-44.36	-60	-10.43
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	8.51
Accounts Receivable, 3 Yr. CAGR %	-	-	13.48	14.21	5.05
Inventory, 3 Yr. CAGR %	-	-	3.42	41.23	18.52
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	65.76	-	183.2
Total Assets, 3 Yr. CAGR %	-	-	-8.38	10.17	5.11
Tangible Book Value, 3 Yr. CAGR %	-	-	11.87	1.42	-18.74
Common Equity, 3 Yr. CAGR %	-	-	-9.61	-27.16	-32.81
Cash From Operations, 3 Yr. CAGR %	-	-	-42.72	63.2	-32.56
Capital Expenditures, 3 Yr. CAGR %	-	-	41.42	37.94	55.14
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	102.99	-39.18
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	45.6	-36.67
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	10.59
Gross Profit, 5 Yr. CAGR %	-	-	-	-	9.59
EBITDA, 5 Yr. CAGR %	-	-	-	-	0.79
EBITA, 5 Yr. CAGR %	-	-	-	-	0.74
EBIT, 5 Yr. CAGR %	-	-	-	-	33.56
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-23.29
Net Income, 5 Yr. CAGR %	-	-	-	-	-29.43
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	-20.23
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	10.87
Inventory, 5 Yr. CAGR %	-	-	-	-	11.15
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	43.66
Total Assets, 5 Yr. CAGR %	-	-	-	-	1.79
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	1.08
Common Equity, 5 Yr. CAGR %	-	-	-	-	-12.81
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	-6.75
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	27.43