Vivid Seats Investor Presentation Deck
e
Efficient Capital Structure Providing Strategic Flexibility¹
$117M
Sizable
Cash Balance
Reflects 9/30/23 balance sheet less $151.2M cash to acquire
Vegas.com (63% cash/37% equity) based on approximate
transaction value.
(2) Reflects projected increase in cash balance excluding
strategic acquisitions, share repurchases and debt paydown
(if any), compared to Adjusted EBITDA.
Reflects long-term debt, gross.
Net leverage calculated as excess of debt balance over cash
balance, divided by 2024 Adj. EBITDA guidance (midpoint).
(5) Reflects 9/30/23 shares outstanding plus ~15.6M Class A
shares issued to acquire Vegas.com
60-70% Adj. EBITDA
to Cash Conversion²
Strategic Flexibility
<1.0x
Net Leverage4
$100M
Undrawn Credit
Facility
212M5
Shares
Outstanding
(Class A + B)
$274M³
Low Debt
BalanceView entire presentation