NYSE$SEAT
Vivid Seats Inc (Class A) · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Vivid Seats reported record first quarter marketplace GOV and revenues, and raised its full year guidance.
Vivid Seats reported a strong first quarter in 2022, with Marketplace GOV and Revenues reaching record levels. The company's performance reflects a strong consumer demand for live events and the strength of its platform. As a result of this performance, Vivid Seats raised its full year 2022 guidance.
- Marketplace GOV reached $742.1 million, up 537% compared to Q1 2021.
- Revenues totaled $130.8 million, representing a 442% increase from Q1 2021.
- Net income was $3.1 million, a significant improvement from the $20.3 million net loss in Q1 2021.
- Adjusted EBITDA amounted to $21.0 million, up 402% from $4.2 million in Q1 2021.
Headline financials
Revenue & EPS history
Vivid Seats · Revenue · Quarterly
$131M
Forward guidance
Vivid Seats anticipates increased Marketplace GOV and Revenues for the year ending December 31, 2022, while maintaining Adjusted EBITDA.
Tailwinds
- Marketplace GOV is expected to be in the range of $2.80 billion to $3.05 billion (increased from $2.7-$3.0 billion).
- Revenues are projected to be in the range of $520.0 million to $555.0 million (increased from $510.0-$550.0 million).
- Company's strong cash flow generation
- Healthy balance sheet
- Secular trends are in Vivid Seat's favor
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 17 quarterly earnings reports · overlaid with Q1 2022
-5.4%
Avg return
Earnings day
-1.2%
Avg return
5 days after
-5.7%
Avg return
30 days after
26%
5 / 19 earnings
Positive
+20.9%
Q1 2023
Best reaction
-37.5%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +11.9% | +40.8% | +40.8% | |
| Q4 2025 | -7.7% | +4.9% | -0.7% | |
| Q3 2025 | -10.4% | -18.7% | -35.9% | |
| Q1 2025 | -37.5% | -35.8% | -41.2% | |
| Q4 2024 | -23.1% | -28.9% | -24.9% | |
| Q3 2024 | -12.9% | -4.4% | -17.8% | |
| Q2 2024 | -11.4% | -12.9% | +10.7% | |
| Q1 2024 | -2.6% | +0.2% | -4.2% | |
| Q4 2023 | -13.6% | -6.4% | -4.9% | |
| Q3 2023 | +17.3% | +17.9% | +8.2% | |
| Q2 2023 | -3.1% | -2.5% | -8.0% | |
| Q1 2023 | +20.9% | +21.9% | -1.3% | |
| Q4 2022 | +10.3% | +7.3% | +19.9% | |
| Q3 2022 | -8.8% | -0.5% | -5.7% | |
| Q2 2022 | -1.1% | +10.6% | -0.3% | |
| Q1 2022 | -15.5% | -3.0% | -1.4% | |
| Q4 2021 | -11.5% | -5.1% | -13.0% | |
| Q3 2021 | -3.8% | -6.9% | -23.4% | |
| Q1 2021 | +0.8% | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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