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Business Wire
14 hours ago
- Business
- Business Wire
Eventbrite Reports Second Quarter 2025 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Eventbrite (NYSE: EB), a global marketplace for shared experiences, reported its financial results for the second quarter ended June 30, 2025. The Company's Second Quarter Investor Presentation can be found on Eventbrite's Investor Relations website at 'Our second quarter financial results demonstrate how our focused execution is driving operational performance, while delivering sustainable bottom-line improvement,' said Julia Hartz, Co-Founder, Chief Executive Officer, and Executive Chair. 'Following the strategic initiatives we put in place over the past year, we saw continued improved trends for paid events, paid creators, and paid tickets, and in July, the improvement in paid ticket trends accelerated meaningfully, bringing us closer to our goal of returning to growth. We believe we are on the right path and the progress we are achieving positions us for an even brighter future.' 'We delivered on our outlook for the quarter, with net revenue at the top of our guidance range and Adjusted EBITDA margin significantly above expectations,' said Anand Gandhi, Chief Financial Officer. 'Our continued progress in reducing operating expenses is driving structural improvements to our cost base and substantial margin expansion, positioning us to generate greater cash flow as we return to growth. We also refined our capital structure, securing a term loan that provides us greater liquidity and optionality for the next four years, and repurchasing a large portion of our 2026 convertible notes at a discount to par. These improvements to our cost structure and balance sheet provide us with a solid financial foundation to deliver sustained profitable growth.' Second Quarter 2025 Highlights Net revenue of $72.8 million, declined 14% year-over-year as anticipated, driven in part by the elimination of organizer fees, and was at the top end of the Company's quarterly outlook range. Eventbrite Ads continued to grow rapidly, up 50% year-over-year. Net loss of $2.1 million compared to net income of $1.1 million in the same period last year, which included a net benefit of $8.3 million due to a legal settlement gain recognized in June 2024. Adjusted EBITDA of $6.4 million and Adjusted EBITDA margin of 8.8% exceeded the Company's outlook range. 1 Paid ticket volume of 19.7 million, declined 7% year-over-year, improving 40 basis points from the quarter ended March 31, 2025 and representing the Company's third consecutive quarter of improvement in year-over-year trends. Paid creators of over 168,000, declined 5% year-over-year, improving 200 basis points from the quarter ended March 31, 2025 and representing the Company's third consecutive quarter of improvement in year-over-year trends. 1 For more information on these non-GAAP financial measures, please see "―About non-GAAP financial measures" and the tables under "―Reconciliation of Net Income (Loss) to Adjusted EBITDA and the Calculation of Adjusted EBITDA Margin" included at the end of this release. The summary of GAAP and non-GAAP consolidated financial results is in the table below (in thousands, except percentages, unaudited): Business Outlook For the third quarter 2025, the Company expects net revenue in the range of $70 million to $73 million and an Adjusted EBITDA margin of approximately 7%, excluding non-routine items. For fiscal year 2025, the Company expects to achieve monthly year-over-year growth in paid ticket volume by the end of the year. Due to trends in tickets per creator, the Company updated its full-year revenue outlook range to $290 million to $296 million. As a result of the Company's significant reductions in operating expenses, it raised its full-year Adjusted EBITDA margin outlook to approximately 7%, excluding non-routine items. The Company has not provided an outlook for GAAP net income (loss) or GAAP net income (loss) margin or reconciliations of expected Adjusted EBITDA to GAAP net income (loss) or expected Adjusted EBITDA margin to GAAP net income (loss) margin because GAAP net income (loss) and GAAP net income (loss) margin on a forward-looking basis are not available without unreasonable efforts due to the potential variability and complexity of the items that are excluded from Adjusted EBITDA and Adjusted EBITDA margin, such as stock-based compensation expense, foreign exchange rate gains and losses, and other non-recurring expenses. Earnings Webcast Information Event: Eventbrite Second Quarter 2025 Earnings Conference Call Date: Thursday, August 7, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Site: An archived webcast of the conference call will be accessible on Eventbrite's Investor Relations page, About Eventbrite Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transforming the way people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz, and Renaud Visage, with a vision to build a self-service platform that empowers anyone to host and discover live experiences. In 2024, Eventbrite distributed over 83 million paid tickets to over 4.7 million events, helping people find new things to do or new ways to do more of what they love. Eventbrite has also earned industry recognition as a top employer, with special designations that include a coveted spot on Fast Company's prestigious 'The World's 50 Most Innovative Companies' and 'Brands That Matter' lists, the Great Place to Work® Award in the U.S., and Inc.'s 'Best-Led Companies' honor. Learn more at Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding the future performance of Eventbrite, Inc. and its consolidated subsidiaries (the 'Company'); the Company's ability to return to growth; the Company's capital structure; and the Company's expectations described under 'Business Outlook' above. In some cases, forward-looking statements can be identified by terms such as 'may,' 'will,' 'appears,' 'shall,' 'should,' 'expects,' 'plans,' 'anticipates,' 'could,' 'intends,' 'target,' 'projects,' 'contemplates,' 'believes,' 'estimates,' 'predicts,' 'potential,' or 'continue,' or the negative of these words or other similar terms or expressions that concern the Company's expectations, strategy, plans, or intentions. Such statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause the Company's actual results, performance, or achievements to differ materially from results expressed or implied in this press release, including the impact of the macroeconomic and geopolitical environment, including but not limited to, tariffs, expanded trade controls, taxes, conflicts around the world, inflation and changes in interest rates, and related shifts in consumer behavior and spending, and other factors more fully described in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, other filings that the Company makes with the Securities and Exchange Commission from time to time. Investors are cautioned not to place undue reliance on these statements. Actual results could differ materially from those expressed or implied. All forward-looking statements are based on information and estimates available to the Company at the time of this release, and are not guarantees of future performance, and reported results should not be considered as an indication of future performance. Except as required by law, the Company assumes no obligation to update any of the statements in this press release. Disclaimer Regarding Ticketing, Creator and Event Metrics This press release includes certain measures related to our ticketing business, such as paid tickets and paid creators. We believe that the use of these metrics is helpful to our investors as these metrics are used by management in assessing the health of our business and our operating performance. These metrics are based on what we believe to be reasonable estimates for the applicable period of measurement. There are inherent challenges in measuring these metrics, and we regularly review and may adjust our processes for calculating our internal metrics to improve their accuracy. You should not consider these metrics in isolation or as substitutes for analysis of our results of operations as reported under GAAP. Condensed Consolidated Statement of Operations (in thousands, except share and per share amounts; unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net revenue $ 72,758 $ 84,551 $ 146,591 $ 170,803 Cost of net revenue 23,651 24,611 48,057 49,643 Gross profit 49,107 59,940 98,534 121,160 Operating expenses Product development 18,161 26,057 39,098 52,741 Sales, marketing and support 20,399 24,521 41,922 45,390 General and administrative 16,887 15,816 33,578 37,053 Total operating expenses 55,447 66,394 114,598 135,184 Loss from operations (6,340 ) (6,454 ) (16,064 ) (14,024 ) Interest income 3,961 7,382 7,715 14,789 Interest expense (1,094 ) (2,806 ) (2,174 ) (5,606 ) Other income (expense), net 2,211 3,725 3,418 2,472 Income (loss) before income taxes (1,262 ) 1,847 (7,105 ) (2,369 ) Income tax provision 845 784 1,613 1,058 Net income (loss) $ (2,107 ) $ 1,063 $ (8,718 ) $ (3,427 ) Net income (loss) per share Basic $ (0.02 ) $ 0.01 $ (0.09 ) $ (0.04 ) Diluted $ (0.02 ) $ 0.01 $ (0.09 ) $ (0.04 ) Weighted-average number of shares outstanding used to compute net income (loss) per share Basic 96,114 96,142 95,442 95,557 Diluted 96,114 96,290 95,442 95,557 Expand Condensed Consolidated Statements of Cash Flows (in thousands, Unaudited) Six Months Ended June 30, 2025 2024 Cash flows from operating activities Net loss $ (8,718 ) $ (3,427 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 8,257 7,242 Stock-based compensation expense 17,703 29,239 Amortization of debt discount and issuance costs 631 1,057 Unrealized (gain) loss on foreign currency exchange (3,921 ) 1,288 Accretion on short-term investments (41 ) (2,769 ) Non-cash operating lease expenses 318 273 Amortization of creator signing fees 1,006 401 Changes related to creator advances, creator signing fees, and allowance for credit losses 609 (2,920 ) Provision for chargebacks and refunds 9,597 14,559 Gain on litigation settlement — (3,927 ) Other 857 623 Changes in operating assets and liabilities Accounts receivable 878 (2,866 ) Funds receivable 13,448 19,653 Creator signing fees and creator advances (3,433 ) (3,922 ) Prepaid expenses and other assets (627 ) 1,291 Accounts payable, creators 13,933 12,852 Accounts payable (658 ) (366 ) Chargebacks and refunds reserve (9,354 ) (14,415 ) Accrued compensation and benefits 4,489 (8,988 ) Accrued taxes (1,690 ) (3,840 ) Operating lease liabilities (1,104 ) (991 ) Other accrued liabilities (284 ) (3,773 ) Net cash provided by operating activities 41,896 36,274 Cash flows from investing activities Purchases of short-term investments — (112,185 ) Maturities of short-term investments 25,000 212,002 Purchases of property and equipment (61 ) (403 ) Capitalized internal-use software development costs (1,795 ) (4,818 ) Net cash provided by investing activities 23,144 94,596 Cash flows from financing activities Repurchase of common stock — (36,508 ) Taxes paid related to net share settlement of equity awards (2,437 ) (5,776 ) Proceeds from issuance of common stock under ESPP 164 454 Net cash used in financing activities (2,273 ) (41,830 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 11,206 (2,741 ) Net increase in cash, cash equivalents and restricted cash 73,973 86,299 Cash, cash equivalents and restricted cash Beginning of period 464,531 489,200 End of period $ 538,504 $ 575,499 Expand About Non-GAAP Financial Measures We believe that the use of Adjusted EBITDA and Adjusted EBITDA margin is helpful to investors in understanding and evaluating results of operations and useful measures for period-to-period comparisons of the company's business performance as they are metrics used by management in assessing the health of the company's business and operating performance, making operating decisions, and performing strategic planning and annual budgeting. These measures are not prepared in accordance with GAAP and have limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of our results of operations as reported under GAAP. In addition, other companies may not calculate non-GAAP financial measures in the same manner as we calculate them, limiting their usefulness as comparative measures. You are encouraged to evaluate the adjustments and the reasons we consider them appropriate. Some amounts in this press release may not add due to rounding. Adjusted EBITDA We calculate Adjusted EBITDA as net income (loss) adjusted to exclude depreciation and amortization, stock-based compensation expense, interest expense, interest income, employer taxes related to employee transactions, other (income) expense net, which consists of foreign exchange rate gains and losses, income tax provision (benefit), and significant and non-recurring legal matters, net of insurance recoveries. Adjusted EBITDA should not be considered as an alternative to net income (loss) or any other measure of financial performance calculated and presented in accordance with GAAP. Beginning in the current fiscal quarter, we updated our definition of Adjusted EBITDA to include certain significant and non-recurring legal matters, net of insurance recoveries, that we consider to be non-recurring and not reflective of our ongoing operations. This change better aligns Adjusted EBITDA with how management evaluates our core operating performance. This change in definition is applied prospectively beginning with the three months ended June 30, 2025. Prior periods have not been recast, as there is no impact to any previously reported amounts. Some of the limitations of Adjusted EBITDA include (i) Adjusted EBITDA does not properly reflect capital spending that occurs off of the income statement or account for future contractual commitments, (ii) although depreciation and amortization are non-cash charges, the underlying assets may need to be replaced and Adjusted EBITDA does not reflect these capital expenditures and (iii) Adjusted EBITDA does not reflect the interest and principal required to service our indebtedness. In evaluating Adjusted EBITDA, you should be aware that in the future we expect to incur expenses similar to the adjustments in this release. Our presentation of Adjusted EBITDA should not be construed as an inference that future results will be unaffected by these expenses or any unusual or non-routine items. When evaluating performance, you should consider Adjusted EBITDA alongside other financial performance measures, including net income (loss) and other GAAP results. Adjusted EBITDA Margin Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by net revenue. Because of the limitations described above, you should consider Adjusted EBITDA and Adjusted EBITDA Margin alongside other financial performance measures, including net loss, net loss margin, and other GAAP results.
Yahoo
30-07-2025
- Business
- Yahoo
Eventbrite's CEO quit a cushy career in Hollywood to launch the $225 million company with her own money: ‘If it's a disaster, we'll just be broke'
Eventbrite CEO Julia Hartz ditched her cushy TV career working on hit shows like Friends, Jackass, and The Shield to bootstrap the ticketing platform with her two cofounders, scaling it from a windowless phone closet. She exclusively tells Fortune they shelled out less than $250,000 to get the company up and running, reasoning that 'if it's a disaster, we'll just be broke.' But the Gen Xer's nail-biting sacrifice paid off, as Eventbrite now boasts a $225 million valuation and serves 89 million monthly users. Most people would jump at the idea of working on hit TV shows like Friends, Jackass, and The Shield, but Eventbrite CEO Julia Hartz left it all behind to pursue her passion of bringing people together. Just five years into her rising TV career—where she'd climbed the ranks to junior executive at FX—Hartz tossed the towel in on her 9-to-5 to launch Eventbrite in 2006, bootstrapping the company entirely with her husband and fellow cofounder Renaud Visage. The pitch was: 'Come work on something that doesn't exist. We'll use our own money to fund it, and if it's a disaster, we'll just be broke,'' Hartz tells Fortune. Eventbrite is now estimated to be worth $225 million, and offers events ranging from wrestling classes, to comedy shows, to cheese raves with Queer Eye star Antoni Porowski. But it all started when Hartz and her husband—serial entrepreneur and early PayPal investor Kevin Hartz—assembled a dream team to get Eventbrite off the ground. They recruited fellow cofounder Visage to come on board as chief technology officer, and the trio of entrepreneurs decided to chuck $250,000 of their own money to get Eventbrite running, moving to San Francisco. Hartz had to sacrifice her job to put all her energy into Eventbrite, skirting the route other entrepreneurs have gone down: juggling a full-time job while scaling a company on the side. Instead, she found it best to wipe her slate clean and leave her TV career behind to pursue Eventbrite. It was a professional gamble that paid off in the long run. 'I've seen entrepreneurs do that, and I think that that's a clever way to gain validation and product market fit, without putting yourself in such a perilous state,' Hartz says. 'I did not do that.' Inspiration struck during her 9-to-5 job in TV working on Friends and The Shield Hartz started working at just the age of 14—pouring coffees in cafes, and driving kids to after-school activities—and hasn't taken her foot off the gas since. While attending Pepperdine University, she worked as an intern on the set of hit TV-show Friends, later scoring an internship at MTV in the series development department. It was a 'magical' experience that eventually landed her a job at the station—once she graduated, Hartz went straight into developing shows including Jackass, The Shield, and Rescue Me across MTV and FX. Part of her job entailed researching fandom events, and suddenly, something clicked. 'I remember going to this fandom event that was insanely niche, and feeling the energy of the people in the room, it just stuck with me,' Hartz says. 'It was this palpable, kinetic energy…When we started Eventbrite, I was thinking about that all along: 'How do we enable the people who gather others around these niche passion areas and create this magic?'' While most couples may wring their hands at the idea of putting their finances on the line to launch a company together, Hartz's partner was enthusiastic about going all-in on a light bulb moment. In fact, the Gen X CEO's nearly 20-year success may have never panned out if it wasn't for her husband Kevin—who's success investing in the then little-known startup called PayPal—persuaded her to take the leap into entrepreneurship. 'It's only serial entrepreneurs who can convince someone of that,' Hartz says. 'We made it on less than a quarter of a million dollars…I'm really, really proud of it.' Scaling a business idea into a $225 million ticketing giant Once Hartz made the decision to leave TV forever, she packed her things into boxes, and drove up the coast of California to settle in her company's new headquarters: San Francisco. The Silicon Valley hub had the tech connections and industry access to help get things off the ground. So just like that, she set up shop in Potrero Hill, the 'warehouse district'. 'I was moving saw horses and plywood into a windowless phone closet on Monday, in this warehouse district in San Francisco, going in my head, 'Wait, what if he's crazy?' Well, it's a little late for that,' Hartz says. 'I've been working since I was 14 with no break. So it was really important to me that I be working on day one.' Eventbrite was able to get things off the ground thanks in part to perfect timing; in the mid-2000s, social media platforms were looking to bring together its users in real life. Facebook made Eventbrite one of its first connect partners, solidifying a huge new customer base looking for community events to partake in. Then 2008 came, and thousands of workers from all across the U.S. were being laid off in droves during the financial crisis. Hartz said 'the world collapsed' in those dire years, and people were desperate for community while facing hardship. It was a tough era for corporate American workers, but was an opportunity for Eventbrite to bring them together. Over the next decade the business would amass a total of $373 million in equity funding through 11 fundraising rounds, according to Pitchbook, attracting investors like Tiger Global Management, Sequoia Capital and Square. The ticketing platform has since amassed a fanbase in nearly 180 countries—in 2024 alone, it had distributed 83 million paid tickets for over 4.7 million events. With 89 million monthly users, people are scoring seats at events ranging from a sunset Bach concert in Central Park to a house music cruise on the Hudson river. This story was originally featured on
Yahoo
18-07-2025
- Business
- Yahoo
Eventbrite's CEO is using AI to analyze personality compatibility with colleagues— it helps her decide who to promote and hire
Eventbrite CEO Julia Hartz tells Fortune she uses AI to complement her emotional judgment in hiring and promotion decisions, leveraging personality tests and data-driven insights to reduce bias and better understand team dynamics. She credits AI with helping her identify development gaps, improve coaching, and make more consistent decisions—enabling the company to cut reliance on expensive recruiting firms. Fears are rife that AI will be the reason for job losses, but one CEO is doing precisely the opposite—she's using it to figure out who she should be hiring and promoting. Like many of her contemporaries, Eventbrite's CEO Julia Hartz is embracing emerging technology for the efficiencies and insights it can offer. She's also using it to balance her emotional, human reactions with the rationality of tech. Hartz founded the events management and ticketing business with her husband Kevin, and the company's founding technical architect Renaud Visage in 2006. The company now has a market cap of more than $225 million. Hartz took over the top job from her spouse in 2016, as the pair had agreed to switch roles after 10 years of running the company. With the Hartz family treating the business like a sibling to their daughters, teamwork and emotional investment has been built into the DNA of the brand. But with AI rapidly improving seemingly by the day, Hartz is using the technology to match the 'human emotional mind' with relatively unbiased decision-making. Hartz explained she's utilizing AI through personality tests, preferring the Hogan method to establish how complementary her style is with teammates and candidates. Speaking to Fortune in an exclusive interview in London, Hartz explained: 'The Hogan series is pretty in depth, and is about how you react to certain landscapes shifting. And then I'm actually able to draw a through line between my Hogan test to a candidate's Hogan, and using AI can assess the places where it's going to cause friction, and where are we not going to show up great together?' Of course, one of the major questions about AI at present is how accurate its results are, and how much of the inputter's assumptions it absorbs in its analysis. That being said, studies have demonstrated that AI can draw fairly accurate conclusions about personality traits—to some extents even more so than a person's family and friends. Even a decade ago, before most people had even heard the phrase 'large language model', researchers at the University of Cambridge and Stanford University discovered AI could draw very accurate personality conclusions about an individual based on their digital footprint. Indeed, using Facebook 'likes' alone, the AI reached judgements similar to those of the individual's nearest and dearest, with the milestone being described as an 'emphatic demonstration' that the technology could discover an individual's psychological traits through data analysis alone. While accuracy when it comes to relationship analysis may lie in the 'eye of the beholder,' Hartz adds, it's been incredibly beneficial in helping her overcome certain habits, she explained: 'When you think about how you relate to other people, I actually see that there's a big opportunity here to not judge a book by its cover, to actually not be biased, based on 'I like this person.' There's a really interesting way to relate to people in a much deeper way.' Identifying mentoring gaps At present, Hartz is using AI as a tool to help assess people for different roles and see where she can help develop them, as opposed to incorporating it more widely into her everyday decision-making at the San Francisco-based company. She explained: 'It's mostly about how I've chosen the people I've hired as of late, or the people that I've asked to step up into roles, and the insights that I have about what I'm asking them to do and and how they'll show up. 'And then it's also where I can help coach them—so much about being a good coach or mentor is assessing where the gaps might be, but also one of the things with managers is the missed expectations, particularly at the CEO level. 'So I'm really curious about how to reverse engineer the expectation to the skills and the personality of the person to help figure out how to intentionally develop them to that place where they can meet that expectation.' But the tool also helps Hartz with more consistent decision-making, she explained: 'It gives me a different perspective that is not based on how I'm feeling that day or my last interaction with that person. It has totally opened the aperture of human potential.' While the CEO added she is using AI in many different ways to automate 'little things that frustrate me', Hartz may not be taking her AI usage as far as peers. A study released earlier this year found that 74% of executives are more confident asking AI for business advice than colleagues or friends, according to research by SAP, a data and software company. But these leaders are putting their faith even more fully in the hands of the bots, with 38% saying they trust AI to make business decisions for them, and 44% deferring to the technology's reasoning over their own insights. AI 'gives me a different perspective', said Hartz, and poses questions about 'how I think 'how I should think about human potential differently, which is very interesting because it's a robot.' Indeed, Eventbrite's experiments with AI in this sense have proved so useful the business no longer needs enterprise licenses for 'fancy recruiting firms', added Hartz, because she can see the results of this research herself. 'It's not inaccessible, and I think recruiting firms are definitely on the chopping block in terms of industries that will get disrupted [because of AI],' added Hartz. This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Business
- Yahoo
Eventbrite Inc (EB) Q1 2025 Earnings Call Highlights: Strong Revenue and App Growth Amidst ...
Release Date: May 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Eventbrite Inc (NYSE:EB) delivered $73.8 million in revenue for Q1 2025, reaching the high end of their guidance. Paid ticket trends improved for the third consecutive quarter, showing a reduction in the year-over-year decline. Eventbrite ads revenue increased by 30% year over year, indicating strong adoption and effectiveness. The new Eventbrite app and brand campaign launched in Q1 received a strong consumer response, with app installs and paid tickets from the app increasing. Operating expenses were reduced by 14% year over year, reflecting financial discipline and cost management. Net revenue was down 14% year over year, primarily due to the elimination of organizer fees. Gross margin decreased to 67% from 71% a year ago, attributed to the removal of higher margin organizer fees. Net loss for Q1 was $6.6 million, compared to a loss of $4.5 million a year ago. Paid ticket volume was still down 7.7% year over year, despite improvements. The company is facing challenges in recovering the overall number of paid creators, although there is growth in specific segments. Warning! GuruFocus has detected 1 Warning Sign with EB. Q: Is the shift to more app-based Monthly Active Users (MAUs) an intentional strategy, and how does user behavior differ between creators and attendees using the app versus the web? A: Julia Hartz, CEO: Yes, the focus on app-based MAUs is intentional. App users are more retentive and engaging, being three times more likely to buy a ticket than web users. The redesigned app emphasizes simplification, discoverability, personalization, and social event discovery. Creators are being educated on optimizing their event listings in the app to enhance conversion rates. Q: Is the current stock-based compensation (SBC) a good run rate for the remainder of the year? A: Anand Gandhi, CFO: Yes, the current SBC is a good run rate for the year. There might be some improvements, but this is likely the high end of the quarterly SBC for the year. Q: What is driving the 30% year-over-year growth in Eventbrite Ads, and how does it compare to the core ticketing business? A: Julia Hartz, CEO: Eventbrite Ads are native to the marketplace, performance-driven, and creator-led, which helps in selling more tickets. The focus is on expanding high-intent placements, providing better ROI tools, and improving ad relevance. Ads are growing because they help creators sell more tickets, aligning with our strategy to scale marketplace monetization. Q: Can you provide insights into the Eventbrite app redesign and its impact on event category performance and timed entry traction? A: Julia Hartz, CEO: The app redesign focuses on making Eventbrite the easiest place to find live experiences, enhancing engagement and conversion to ticket sales. While specific category performance isn't broken out, growth is seen in highly liquid categories like music and performing arts. Timed entry is expanding the addressable market, focusing on attractions and installed experiences. Q: How is the TikTok partnership impacting impressions and conversion rates? A: Julia Hartz, CEO: While specific metrics aren't provided, social sharing tools for creators are crucial for driving demand. The focus is on helping creators in the 100 to 1,000 attendee range drive demand and build audiences, leading to higher retention rates. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
24-04-2025
- Business
- Yahoo
Eventbrite Announces Date of First Quarter 2025 Financial Results
SAN FRANCISCO, April 24, 2025--(BUSINESS WIRE)--Eventbrite (NYSE: EB), a global marketplace for shared experiences, announced that it will release its financial results for the first quarter ended March 31, 2025, after the market closes on Thursday, May 8, 2025. Starting with the release of its first quarter 2025 results, Eventbrite will no longer publish a quarterly letter to shareholders. The company's earnings press release, presentation and webcast will be available via Eventbrite's investor relations website at Earnings Webcast Information Event: Eventbrite First Quarter 2025 Earnings Conference Call Date: Thursday, May 8, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Live Webcast Site: An archived webcast of the conference call will be accessible on Eventbrite's Investor Relations page: About Eventbrite Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transforming the way people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz, and Renaud Visage, with a vision to build a self-service platform that empowers anyone to host and discover live experiences. In 2024, Eventbrite distributed 83 million paid tickets to over 4.7 million events across a global community of 89 million monthly average users, helping people find new things to do or new ways to do more of what they love. Eventbrite has also earned industry recognition as a top employer, with special designations that include a coveted spot on Fast Company's prestigious "The World's 50 Most Innovative Companies" and "Brands That Matter" lists, the Great Place to Work® Award in the U.S., and Inc.'s"Best-Led Companies" honor. Learn more at View source version on Contacts Eventbrite Investor Relationsinvestors@ Sign in to access your portfolio
