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
Casey Winters
Chief Product Officer
Julia Hartz
Chief Executive Officer, Co-Founder, Director
Charles C. Baker
Chief Financial Officer
Samantha E. Harnett
Senior Vice President, General Counsel
Patrick David Poels
Senior Vice President - Platform
Shane Crehan
Chief Accounting Officer
Randy Befumo
Chief Strategy Officer
Omer Cohen
Chief People Officer
Brian Matthew Irving
Chief Brand 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 nine months ended 30 September 2019, Eventbrite Inc revenues increased 13% to $244.1M. Net loss increased 8% to $55M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administrative - Balancing increase of 40% to $60.5M (expense), Sales, marketing and support - Balancing increase of 23% to $63.8M (expense).
Employees: 1,075 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,231M as of Sep 30, 2019
Annual revenue (TTM): $320.05M as of Sep 30, 2019
EBITDA (TTM): -$29.44M as of Sep 30, 2019
Net annual income (TTM): -$67.99M as of Sep 30, 2019
Free cash flow (TTM): $21.22M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 111,395,477 as of Oct 15, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization