Vivid Seats Investor Conference Presentation Deck
Non-GAAP Reconciliations
(in thousands except for percentages)
Net income (loss) / Net income (loss) margin
Income tax expense
Interest expense
Depreciation and amortization
Sales tax liability (¹)
Transaction costs (2)
Equity-based compensation (3)
Loss on extinguishment of debt (4)
Litigation, settlements and related costs
(5)
Severance related to COVID-19 (6)
Change in 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
$2,645
$16,839
$500
$10,726
$3,863
$1,184
$438
$0
$36,195
2021
Q3 2021
-$1,847
$17,319
$711
$21,574
$1,428
$1,197
$1,583
$0
$41,965
Q4 2021
$324
$304
$7,702
$816
-$25,605
$4,015
$2,576
$35,828
$173
$0
$1,389
$27,522
2021
-$19,129
$304
$58,179
$2,322
$8,956
$12,852
$6,047
$35,828
$2,835
$286
$1,389
$109,869
2022
Q1 2022
$3,138
$76
$3,942
$1,385
$922
$1,402
$3,597
$4,285
-$14
$0
$2,279
$21,012
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%
1
I
31.3%
2021
Q3 2021
-1.3%
12.4%
0.5%
15.5%
1.0%
0.9%
1.1%
I
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%
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. 21
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%View entire presentation