Eventbrite Inc (N:EB)

Business Focus: Internet Services

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
Executive Chairman of the Board, Co-Founder
Julia Hartz
Chief Executive Officer, Co-Founder
Renaud Visage
Co-Founder and Chief Technology Officer
Charles C. Baker
Chief Financial Officer
Shane Crehan
Chief Accounting Officer
Matt Rosenberg
Chief Risk Officer
Randy Befumo
Chief Strategy Officer
Casey Winters
Chief Product 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 six months ended 30 June 2019, Eventbrite Inc revenues increased 14% to $162.1M. Net loss increased 59% to $24.8M. Revenues reflect United States segment increase of 13% to $118.5M, International segment increase of 16% to $43.6M. Higher net loss reflects Gain on debt extinguishment decrease from $17M (income) to $0K, Product development - Balancing value increase of 43% to $26.3M (expense).
Employees: 1,075 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,103M as of Jun 30, 2019
Annual revenue (TTM): $311.63M as of Jun 30, 2019
EBITDA (TTM): -$16.70M as of Jun 30, 2019
Net annual income (TTM): -$73.33M as of Jun 30, 2019
Free cash flow (TTM): $2.43M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 82,833,328 as of Jul 15, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization