Eventbrite Inc (N:EB)

Sector:  Technology Industry:  Internet Services
See Regulatory Filings on SEC
Company Contact
Address: 155 5th St Fl 7
Tel: N/A
Website: https://www.eventbrite.com
IR: See website
Key People
Kevin E. Hartz
Chairman of the Board, Co-Founder
Julia Hartz
Chief Executive Officer, Co-Founder, Director
Charles C. Baker
Chief Financial Officer
Samantha E. Harnett
Chief legal and Operating Officer
Shane Crehan
Chief Accounting Officer
Business Overview
Eventbrite, Inc. provides a global platform for live experiences. The Company's platform allows anyone to create, share, find and attend events. It enable events ranging from fundraisers, seminars, wellness activities and music festivals to classes and cultural celebrations all over the world. Its platform also allows developers to integrate services from third-party partners. It provides an organizer application that is customized to enable creators to create, manage and handle onsite needs. It also provides the Eventbrite application for consumers that enables them to discover, purchase and gain access to events. The Company's platform allows creators to set up professional ticketing and registration pages on any device. Users can customize this flow to include multiple ticket types and specifications, design checkout forms, integrate fundraising, implement waitlists and more. It also offers three pricing packages: Essentials, Professional and Premium.
Financial Overview
For the three months ended 31 March 2020, Eventbrite Inc revenues decreased 40% to $49.1M. Net loss increased from $10M to $146.5M. Revenues reflect United States segment decrease of 41% to $35.4M, International segment decrease of 36% to $13.7M. Higher net loss reflects Sales, marketing and support - Balancing increase from $17.9M to $95.9M (expense), General and administrative - Balancing increase of 77% to $36.8M (expense).
Employees: 1,111 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $367.60M as of Mar 31, 2020
Annual revenue (TTM): $294.56M as of Mar 31, 2020
EBITDA (TTM): -$172.35M as of Mar 31, 2020
Net annual income (TTM): -$205.24M as of Mar 31, 2020
Free cash flow (TTM): -$120.09M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 87,125,275 as of May 1, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization