Eventbrite

0.06 (0.30%)

NYSE:EB | Last traded on 11-15-2019 4:02 PM

Market Reaction

Offer Price

$23.00

Today Open Price

$20.00

Change Since IPO

Market Cap

$1.6B

Day High

$20.13

Day Low

$19.56

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Featured Analysis

The company is in trend, and its sales are growing well. This is a tough call because, although they are losing money, their margins are improving, and they have positive cash flow, which is good. I don't like that they are extremely small (dinky would be a better word), which makes them susceptible to any operating shocks. Cool product, good trend, not terribly over-priced, but still only 3 Hippos, Mom. You invest if you are bullish on the market.

Company Data

Location

San Francisco, CA

Valuation

$230M

-

Founded

2006

Total Shares Offered

10,000,000

-

Employees

1,016

IPO Date

2018-09-20

Background Information

Eventbrite, Inc. is an event management and ticketing technology platform with the purpose of organizing and executing events of all sizes. This is meant to increase the scope of advertisement and centralize the operations of events, like accessing donations or selling admissions. Furthermore, Eventbrite allows users to search for events, so it is useful for the event planners and attendees. They operate in the US and worldwide.

Financial Analysis

Years 2016 2017
Revenue growth -- 51%
Net profit margin -30%-19%
Valuation -- $1.8B
Revenue multiple -- 9x
Profit multiple ---46x

Financial Information

Income Statement ($M) 2016 2017
Revenue133202
Cost of goods sold5682
Gross profit78120
Total operating expense113153
EBIT(35)(33)
Pretax profit(40)(39)
Net income(40)(39)
Balance Sheet ($M) 2016 2017
Total current assets184280
Cash and cash equivalents140189
Total assets245572
Total current liabilities149247
Total liabilities194394
Total shareholder equity149156
Total liabilities and equity245572
Cash Flow Statement ($M) 20162017
Net cash from operating activities 330
Net cash from investing activities (10)(141)
Net cash from financing activities 2160
Net increase in cash and cash equivalents (5)49