Vivid Seats Results Presentation Deck
Non-GAAP Reconciliations
Net income (loss) margin
Income tax expense
Interest expense - net
Depreciation and amortization
Sales tax liability (¹)
Transaction costs (2)
Equity-based compensation (3)
(6)
Senior management transition costs (4)
Loss on extinguishment of debt (5)
Litigation, settlements and related costs
One-time change to annual bonus program
Customer loyalty program stand-up costs (8)
Impairment charges (⁹)
Loss on asset disposals (10)
Severance related to COVID-19 (11)
Change in value of warrants (¹2)
Adjusted EBITDA margin
(7)
Q1 2021
-84.0%
67.7%
1.2%
9.4%
14.7%
4.5%
2.7%
1.2%
17.4%
Q2 2021
2.3%
14.6%
0.4%
9.3%
3.3%
1.0%
0.4%
2021
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%
Full Year
2020
-2207.1%
163.9%
137.5%
19.3%
1.0%
12.2%
2.0%
3.8%
1635.9%
0.5%
2.3%
-228.7%
2021
-4.3%
0.1%
13.1%
0.5%
2.0%
2.9%
1.4%
8.1%
0.6%
0.1%
0.3%
24.8%
Vivid Seats . 21View entire presentation