Market Summary
USD7.33-0.01
Market Closed-0.14%
EB Stock Price
EB RSI Chart
EB Valuation
EB Price/Sales (Trailing)
EB Profitability
EB Fundamentals
EB Revenue
EB Earnings
Price Action
52 Week Range
5.3012.89
(Low)(High)
Last 7 days
-0.8%
Last 30 days
3.2%
Last 90 days
-12.9%
Trailing 12 Months
-38.1%
EB Financial Health
EB Investor Care
Peers (Alternatives to Eventbrite)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GOOG | 1.6T | 284.6B | 20.09% | 15.82% | 27.24 | 5.61 | 5.28% | -21.40% |
TWTR | 41.4B | - | 27.58% | -2.03% | -370.37 | 7.92 | - | - |
SNAP | 16.9B | 4.5B | 4.05% | -30.59% | -12.1 | 3.74 | 2.67% | -149.46% |
PINS | 16.5B | 2.8B | -8.94% | 24.00% | -55.13 | 5.83 | 6.09% | -189.94% |
| MID-CAP | ||||||||
TRIP | 2.0B | 1.6B | -11.45% | -39.17% | -104.15 | 1.24 | 53.79% | 81.37% |
| SMALL-CAP | ||||||||
YELP | 2.4B | 1.2B | 18.74% | 15.03% | 65.1 | 1.98 | 15.67% | -8.38% |
CARG | 2.0B | 1.5B | 16.66% | -23.34% | 24.26 | 1.24 | 20.30% | -24.52% |
TTGT | 1.0B | 286.4M | 7.44% | -48.19% | 28.21 | 3.55 | 2.80% | 472.58% |
EB | 730.2M | 283.0M | 3.24% | -38.09% | -14.64 | 2.58 | 31.50% | 31.07% |
CDLX | 220.1M | 294.9M | -5.58% | -78.40% | -0.47 | 0.74 | 4.66% | -586.22% |
TRUE | 200.4M | 155.0M | -16.36% | -31.82% | -1.59 | 1.29 | -26.25% | -197.31% |
TZOO | 138.5M | 70.6M | 41.57% | 28.38% | 20.88 | 1.96 | 12.58% | 628.21% |
ZDGE | 32.3M | 27.5M | 18.96% | -54.56% | 4.76 | 1.17 | 17.28% | -27.23% |
AUTO | 5.5M | - | 0.91% | -85.52% | -0.38 | 0.08 | - | - |
Financials for Eventbrite
| Income Statement (Last 12 Months) | (In Thousands) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 8.4% | 282,966 | 260,927 | 249,026 | 234,921 | 215,191 |
| Gross Profit | 9.2% | 185,798 | 170,181 | 162,233 | 153,340 | 138,599 |
| Operating Expenses | 6.8% | 231,782 | 216,923 | 215,870 | 204,927 | 195,115 |
| S&GA Expenses | 7.9% | 53,204 | 49,292 | 54,425 | 51,330 | 43,425 |
| R&D Expenses | 9.3% | 94,392 | 86,346 | 81,218 | 75,647 | 69,502 |
| EBITDA | 43.9% | -31,162 | -55,592 | -50,284 | -57,622 | - |
| EBITDA Margin | 46.5% | -0.12* | -0.22* | -0.21* | -0.27* | - |
| Earnings Before Taxes | 10.7% | -49,351 | -55,258 | -75,731 | -71,029 | -71,256 |
| EBT Margin | 30.4% | -0.21* | -0.30* | -0.30* | -0.33* | - |
| Interest Expenses | -21.7% | 7,236 | 9,236 | 4,856 | 4,844 | 4,783 |
| Net Income | 9.9% | -49,885 | -55,384 | -76,233 | -71,922 | -72,374 |
| Net Income Margin | 30.7% | -0.21* | -0.31* | -0.31* | -0.34* | - |
| Free Cahsflow | -79.7% | 7,185 | 35,422 | -15,814 | 113,919 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 6.1% | 950 | 895 | 932 | 925 | 973 |
| Current Assets | 8.6% | 742 | 683 | 716 | 706 | 749 |
| Cash Equivalents | -3.9% | 519 | 540 | 677 | 672 | 711 |
| Goodwill | 0% | 174 | 174 | 174 | 174 | 174 |
| Liabilities | 7.8% | 786 | 729 | 782 | 767 | 808 |
| Current Liabilities | 15.8% | 418 | 361 | 414 | 399 | 436 |
| Long Term Debt | 0.1% | 355 | 354 | - | - | - |
| Shareholder's Equity | -1.0% | 165 | 167 | 150 | 159 | 164 |
| Retained Earnings | -1.6% | -801 | -788 | -792 | -771 | -751 |
| Additional Paid-In Capital | 1.2% | 967 | 956 | 943 | 931 | 916 |
| Shares Outstanding | 0.4% | 100 | 99.00 | 99.00 | 98.00 | 98.00 |
| Cashflow (Last 12 Months) | (In Thousands) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -26.6% | 6,322 | 8,610 | 37,145 | 3,763 | 123,119 |
| Share Based Compensation | -1.4% | 52,614 | 53,356 | 52,156 | 50,926 | 48,996 |
| Cashflow From Investing | -106.8% | -185,120 | -89,502 | -5,559 | -4,551 | -3,246 |
| Cashflow From Financing | -52.0% | -3,161 | -2,079 | 2,962 | 3,967 | 3,252 |
Risks for EB
What is the probability of a big loss on EB?
98.8%
Probability that Eventbrite stock will be more than 20% underwater in next one year
95.5%
Probability that Eventbrite stock will be more than 30% underwater in next one year.
72.9%
Probability that Eventbrite stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does EB drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Eventbrite was unfortunately bought at previous high price.
Drawdowns
Returns for EB
Cumulative Returns on EB
-5.1%
3-Year Cumulative Returns
Which funds bought or sold EB recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | Capital Impact Advisors, LLC | unchanged | - | 174,882 | 551,651 | 0.68% |
2023-05-23 | ROYCE & ASSOCIATES LP | new | - | 616,902 | 616,902 | 0.01% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -93.03 | -3,174,000 | 361,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 31.91 | 4,018,000 | 8,330,000 | -% |
2023-05-16 | RBF Capital, LLC | unchanged | - | 49,290 | 161,290 | 0.01% |
2023-05-16 | Rockefeller Capital Management L.P. | sold off | -100 | -7,000 | - | -% |
2023-05-16 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | reduced | -74.36 | -290,000 | 174,311 | -% |
2023-05-16 | JANE STREET GROUP, LLC | added | 120 | 287,365 | 416,379 | -% |
2023-05-16 | Penn Capital Management Company, LLC | sold off | -100 | -1,779,890 | - | -% |
2023-05-16 | Baker Avenue Asset Management, LP | sold off | -100 | -375 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Eventbrite News
Schedule 13G FIlings of Eventbrite
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | broad bay capital management, lp | 5.8% | 4,700,000 | SC 13G/A | |
| Feb 13, 2023 | cadian capital management, lp | 9.9% | 80,107 | SC 13G/A | |
| Feb 09, 2023 | morgan stanley | 8.4% | 6,827,543 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 9.66% | 7,826,471 | SC 13G/A | |
| Feb 08, 2023 | invesco ltd. | 2.9% | 2,363,062 | SC 13G/A | |
| Feb 08, 2023 | massachusetts financial services co /ma/ | 0.7% | 531,729 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.8% | 7,953,274 | SC 13G/A | |
| May 03, 2022 | portsea asset management llp | 3.5% | 3,024,545 | SC 13G/A | |
| Feb 14, 2022 | invesco ltd. | 6.5% | 4,974,140 | SC 13G | |
| Feb 14, 2022 | sequoia capital u.s. venture 2010 fund, l.p. | 6.4% | 5,257,858 | SC 13G/A |
EB Fair Value
Recent SEC filings of Eventbrite
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 24, 2023 | DEFA14A | DEFA14A | |
| May 16, 2023 | 4 | Insider Trading | |
| May 12, 2023 | 144 | Notice of Insider Sale Intent | |
| May 10, 2023 | 8-K/A | Current Report | |
| May 09, 2023 | 10-Q | Quarterly Report | |
| May 09, 2023 | 8-K | Current Report | |
| May 03, 2023 | 4 | Insider Trading | |
| May 03, 2023 | 4 | Insider Trading | |
| May 03, 2023 | 4 | Insider Trading | |
| May 03, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for EB
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-12 | Taylor Julia D. | sold | -253,128 | 6.995 | -36,187 | general counsel |
2023-05-01 | Hartz Kevin | acquired | - | - | 6,862 | - |
2023-05-01 | Fan Xiaojing | acquired | - | - | 6,608 | chief accounting officer |
2023-05-01 | Hartz Julia | acquired | - | - | 6,862 | ceo |
2023-05-01 | Taylor Julia D. | sold (taxes) | -33,760 | 7.29 | -4,631 | general counsel |
2023-05-01 | Hartz Kevin | sold (taxes) | -17,299 | 7.29 | -2,373 | - |
2023-05-01 | Hartz Julia | sold (taxes) | -17,299 | 7.29 | -2,373 | ceo |
2023-05-01 | Sagi Vivek | sold (taxes) | -64,749 | 7.29 | -8,882 | chief technology officer |
2023-05-01 | Sagi Vivek | acquired | - | - | 36,468 | chief technology officer |
2023-05-01 | Baker Charles | acquired | - | - | 40,946 | cfo |
Eventbrite, Inc. operates a self-service ticketing and experience technology platform that serves event creators in the United States and internationally. Its platform integrates components needed to plan, promote, and produce live events that allow creators to reduce friction and costs, increase reach, and drive ticket sales. The company was formerly known as Mollyguard Corporation and changed its name to Eventbrite, Inc. in 2009. Eventbrite, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.
EB Income Statement
2023-03-31Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Income Statement [Abstract] | ||
| Net revenue | $ 77,914 | $ 55,875 |
| Cost of net revenue | 26,395 | 19,973 |
| Gross profit | 51,519 | 35,902 |
| Operating expenses | ||
| Product development | 26,564 | 18,518 |
| Sales, marketing and support | 17,060 | 13,148 |
| General and administrative | 21,718 | 18,817 |
| Total operating expenses | 65,342 | 50,483 |
| Loss from operations | (13,823) | (14,581) |
| Interest expense | (2,752) | (2,798) |
| Other income (expense), net | 4,500 | (603) |
| Loss before income taxes | (12,075) | (17,982) |
| Income tax provision (benefit) | 611 | 203 |
| Net loss | $ (12,686) | $ (18,185) |
| Net loss per share, basic (in dollars per share) | $ (0.13) | $ (0.19) |
| Net loss per share, diluted (in dollars per share) | $ (0.13) | $ (0.19) |
| Weighted-average number of shares outstanding used to compute net loss per share, basic (in shares) | 99,503 | 97,554 |
| Weighted-average number of shares outstanding used to compute net loss per share, diluted (in shares) | 99,503 | 97,554 |
EB Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 518,446 | $ 539,299 |
| Funds receivable | 26,000 | 43,525 |
| Short-Term Investments | 180,455 | 84,224 |
| Accounts receivable, net | 2,598 | 2,266 |
| Creator signing fees, net | 792 | 645 |
| Creator advances, net | 584 | 721 |
| Prepaid expenses and other current assets | 12,714 | 12,479 |
| Total current assets | 741,589 | 683,159 |
| Restricted cash | 882 | 875 |
| Creator signing fees, noncurrent | 1,156 | 1,103 |
| Property and equipment, net | 6,960 | 6,348 |
| Operating lease right-of-use assets | 3,351 | 5,179 |
| Goodwill | 174,388 | 174,388 |
| Acquired intangible assets, net | 19,677 | 21,907 |
| Other assets | 2,422 | 2,420 |
| Total assets | 950,425 | 895,379 |
| Current liabilities | ||
| Accounts payable, creators | 367,986 | 309,313 |
| Accounts payable, trade | 851 | 1,032 |
| Chargebacks and refunds reserve | 13,232 | 13,136 |
| Accrued compensation and benefits | 11,777 | 11,635 |
| Accrued taxes | 8,718 | 12,515 |
| Operating lease liabilities | 2,195 | 2,810 |
| Other accrued liabilities | 13,385 | 10,538 |
| Total current liabilities | 418,144 | 360,979 |
| Accrued taxes, noncurrent | 8,279 | 8,820 |
| Operating lease liabilities, noncurrent | 2,949 | 3,345 |
| Long-term debt | 356,078 | 355,580 |
| Other liabilities | 100 | 100 |
| Total liabilities | 785,550 | 728,824 |
| Commitments and contingencies (Note 17) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.00001 par value; 100,000,000 shares authorized, no shares issued or outstanding as of March 31, 2023 and December 31, 2022 | 0 | 0 |
| Common stock, $0.00001 par value; 1,100,000,000 shares authorized; 99,614,800 shares issued and outstanding as of March 31, 2023; 99,169,432 shares issued and outstanding as of December 31, 2022 | 1 | 1 |
| Additional paid-in capital | 966,515 | 955,509 |
| Accumulated deficit | (801,641) | (788,955) |
| Total stockholders’ equity | 164,875 | 166,555 |
| Total liabilities and stockholders’ equity | $ 950,425 | $ 895,379 |