Vivid Seats
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Vivid Seats's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $712,879,000. The net income raised on $74,536,000 and profit margin reached 10%. Total operating expenses were $446,248,000.
Profit Margin
| 2019 | 468.92M | -95.34M | -20.33% |
|---|---|---|---|
| 2020 | 35.07M | -831.66M | -2370.98% |
| 2021 | 443.03M | -19.12M | -4.32% |
| 2022 | 600.27M | 70.77M | 11.79% |
| 2023 | 712.87M | 74.53M | 10.46% |
SEATW Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 712.87M | 600.27M | 443.03M | 35.07M | 468.92M |
Cost of revenue | 182.18M | 140.50M | 90.61M | 24.69M | 106.00M |
Gross profit | 530.69M | 459.76M | 352.42M | 10.38M | 362.92M |
Operating exp. | |||||
Research and development | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 274.09M | 248.37M | 181.35M | 38.12M | 178.44M |
Total operating expenses | 446.24M | 383.72M | 275.85M | 152.56M | 372.85M |
Operating income | 81.33M | 78.10M | 76.57M | -142.18M | -9.93M |
Other income (expenses), net | -10.39M | -8.91M | -95.39M | -632.00M | -43.91M |
Income before tax | 70.94M | 69.18M | -18.82M | -774.18M | -53.84M |
Income tax expense | -42.19M | -1.59M | 304K | 57.48M | 41.49M |
Net income | 74.53M | 70.77M | -19.12M | -831.66M | -95.34M |
Earnings per share | |||||
Basic EPS | 0.55 | 0.88 | -0.25 | -12.23 | -1.24 |
Diluted EPS | 0.26 | 0.36 | -0.25 | -12.23 | -1.24 |
| Data source | Data source | Data source |