secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0000950170-21-004458
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vivid Seats Q3 revenue $139.5M, record Marketplace GOV $713.1M; first reported results as public company
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- Revenue $139.5M vs negative $7.1M in Q3 2020; net loss narrowed to $1.8M from $40.2M loss last year.
- Marketplace GOV $713.1M, highest single quarter; total marketplace orders 2.354M.
- Adjusted EBITDA $42.0M, up from negative $19.5M in Q3 2020.
- Launched new brand and Vivid Seats Rewards loyalty program offering 10% value on every ticket.
- Cash from operations plus business combination proceeds leave cash in excess of debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000095017021004458/0000950170-21-004458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000095017021004458/seat-20211115.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-004458

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer