secwatch / observer
8-K filed March 7, 2023, 6:59 PM ET ticker SEAT CIK 0001856031
earnings confidence high sentiment positive materiality 0.70

Vivid Seats reports record FY2022 revenue of $600M, up 35% YoY

Vivid Seats Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vivid Seats Inc. reported the fourth quarter ended December 31, 2022 results: revenue $165.0 million, net income $24.8 million.

Period
the fourth quarter ended December 31, 2022
Revenue
$165.0 million
Net income
$24.8 million
Result
reported results
Exact text from the filing
for our sellers on Skybox.” Fourth Quarter 2022 Key Operational and Financial Metrics: • Marketplace GOV of $846.0 million – down 3% from $876.5 million in Q4 2021 • Revenues of $165.0 million – up 1% from $163.9 million in Q4 2021 • Net income of $24.8 million – up 7565% from $0.3 million net income in Q4 2021 • Adjusted EBITDA of $33.7 million – up 22% from $27.5
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vivid Seats Inc. reported the fiscal year ended December 31, 2022 results: revenue $600.3 million, net income $70.8 million.

Period
the fiscal year ended December 31, 2022
Revenue
$600.3 million
Net income
$70.8 million
Result
reported results
Exact text from the filing
--- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 Vivid Seats Wraps Record 2022 and Drives Marketplace Affinity Full Year 2022 Marketplace GOV of $3.2 billion and Revenues of $600 million CHICAGO, IL – March 7, 2023 – Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats”, “we” or the “Company”), a leading marketplace that utilizes its technology platform to connect
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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vivid Seats Inc. updated its the year ending December 31, 2023 guidance (initiated).

Period
the year ending December 31, 2023
Guidance
initiated
Result
guidance update
Exact text from the filing
Vivid Seats anticipates Marketplace GOV, Revenues and Adjusted EBITDA for the year ending December 31, 2023 to be: • Marketplace GOV in the range of $3.0 billion to $3.3 billion • Revenues in the range of $580.0 million to $610.0 million • Adjusted EBITDA in the range of $110.0 million to $115.0 million
View on SEC.gov

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Vivid Seats Inc. filing history →

Source: SEC EDGAR
accession 0000950170-23-006365
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