Vivid Seats Results Presentation Deck
(1)
Post Acquisition Balance Sheet and Cash Flow Profile¹
60-70% Adj. EBITDA
to Cash Conversion²
$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
(3) Reflects long-term debt, gross
(4)
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 Class A shares
issued to acquire Vegas.com
Strategic Flexibility
$100M
Undrawn Credit
Facility
<1.0x
Net Leverage
$274M³
Low Debt
Balance
212M5
Shares Outstanding
(Class A + B)View entire presentation