Vivid Seats Results Presentation Deck
Non-GAAP Reconciliations
(in thousands except for percentages)
Net income (loss) / Net income (loss) margin
Income tax expense
Interest expense - net
Depreciation and amortization
Sales tax liability (¹)
Transaction costs (2)
(3)
Equity-based compensation
Loss on extinguishment of debt (4)
Litigation, settlements and related costs (5)
Severance related to COVID-19 (6)
Change in fair value of warrants (7)
Adjusted EBITDA / Adjusted EBITDA margin
Q1 2021
-$20,251
$16,319
$295
$2,261
$3,546
$1,090
$641
$286
$4,187
Q2 2021
2021
$2,645
$16,839
$500
$10,726
$3,863
$1,184
$438
$36,195
Q3 2021
-$1,847
$17,319
$711
$21,574
$1,428
$1,197
$1,583
$41,965
Q4 2021
$324
$304
$7,702
$816
-$25,605
$4,015
$2,576
$35,828
$173
$1,389
$27,522
Q1 2022
2022
$3,138
$76
$3,942
$1,385
$922
$1,402
$3,597
$4,285
-$14
$2,279
$21,012
Q2 2022
$24,060
$0
$2,699
$1,726
$2,010
$2,345
$5,312
$1,009
-$8,832
$30,329
Q1 2021
-84.0%
67.7%
1.2%
9.4%
14.7%
4.5%
2.7%
1.2%
17.4%
2021
Q2 2021
2.3%
14.6%
0.4%
9.3%
3.3%
1.0%
0.4%
31.3%
Q3 2021
-1.3%
12.4%
0.5%
15.5%
1.0%
0.9%
1.1%
30.1%
Q4 2021
0.2%
0.2%
4.7%
0.5%
-15.6%
2.4%
1.6%
21.9%
0.1%
0.8%
16.8%
2022
Q1 2022
2.4%
0.1%
3.0%
1.1%
0.7%
1.1%
2.8%
3.3%
-0.0%
1.7%
16.1%
Q2 2022
16.3%
Vivid Seats . 19
1.8%
1.2%
1.4%
1.6%
3.6%
0.7%
-6.0%
20.5%View entire presentation