Added to YB: 2025-06-05
Pitch date: 2025-04-16
SEAT [bullish]
Vivid Seats Inc.
-84.71%
current return
Author Info
No bio for this author
Company Info
Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. It operates in two segments, Marketplace and Resale.
Market Cap
$103.8M
Pitch Price
$48.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.12
P/E
-0.22
EV/Sales
0.66
Sector
Entertainment
Category
value
Vivid Seats Inc. - $SEAT
SEAT: Leading US secondary ticket platform (~20% market share) trading at $650M EV (~4.5x EBITDA) vs StubHub's 7x leverage. Assets include Vegas.com ($30M CF), B2B platform ($50M+ OCF), Vivid Resale (100% ROIC), Skybox (broker platform), Wavedash. $240M cash, $70M FCF (teens yield). Catalysts: buybacks, H2'25 growth, acquisition.
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