Vivid Seats Inc
Vivid Seats Inc. operates an online ticket marketplace in the United States, Canada, and Japan. It operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers through its website and mobile applications, including Vivid Seats; Vegas.com, an online ticket marketplace for shows, attractions, tours, flights, and hotels in … Read more
Vivid Seats Inc (SEAT) - Net Assets
Latest net assets as of September 2025: $335.50 Million USD
Based on the latest financial reports, Vivid Seats Inc (SEAT) has net assets worth $335.50 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.11 Billion) and total liabilities ($771.58 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $335.50 Million |
| % of Total Assets | 30.3% |
| Annual Growth Rate | 3.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 72.01 |
Vivid Seats Inc - Net Assets Trend (2019–2024)
This chart illustrates how Vivid Seats Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vivid Seats Inc (2019–2024)
The table below shows the annual net assets of Vivid Seats Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $614.03 Million | +4.65% |
| 2023-12-31 | $586.76 Million | +22.20% |
| 2022-12-31 | $480.16 Million | +12.89% |
| 2021-12-31 | $425.33 Million | +256.50% |
| 2020-12-31 | $-271.78 Million | -152.44% |
| 2019-12-31 | $518.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vivid Seats Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 67768100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $22.00K | 0.01% |
| Other Comprehensive Income | $-880.00K | -0.34% |
| Other Components | $1.19 Billion | 456.56% |
| Total Equity | $261.11 Million | 100.00% |
Vivid Seats Inc Competitors by Market Cap
The table below lists competitors of Vivid Seats Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lider Faktoring AS
IS:LIDFA
|
$21.67 Million |
|
Super Turtle PCL
BK:TURTLE
|
$21.67 Million |
|
Nippon Indosari Corpindo Tbk
JK:ROTI
|
$21.67 Million |
|
Arizona Silver Exploration Inc
OTCQB:AZASF
|
$21.67 Million |
|
Gunung Raja Paksi
JK:GGRP
|
$21.65 Million |
|
Wealth First Portfolio Managers Limited
NSE:WEALTH
|
$21.65 Million |
|
CAB Cakaran Corporation Bhd
KLSE:7174
|
$21.65 Million |
|
Agung Podomoro Land Tbk
JK:APLN
|
$21.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vivid Seats Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 105,017,000 to 261,113,000, a change of 156,096,000 (148.6%).
- Net income of 9,425,000 contributed positively to equity growth.
- Share repurchases of 22,982,000 reduced equity.
- Other comprehensive income decreased equity by 1,627,000.
- Other factors increased equity by 171,280,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.43 Million | +3.61% |
| Share Repurchases | $22.98 Million | -8.8% |
| Other Comprehensive Income | $-1.63 Million | -0.62% |
| Other Changes | $171.28 Million | +65.6% |
| Total Change | $- | 148.64% |
Book Value vs Market Value Analysis
This analysis compares Vivid Seats Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.24x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.04x to 0.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $134.71 | $6.00 | x |
| 2020-12-31 | $-79.94 | $6.00 | x |
| 2021-12-31 | $-11.11 | $6.00 | x |
| 2022-12-31 | $-38.51 | $6.00 | x |
| 2023-12-31 | $0.53 | $6.00 | x |
| 2024-12-31 | $24.97 | $6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vivid Seats Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 6.27x
- Recent ROE (3.61%) is below the historical average (10.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -10.39% | -11.48% | 0.31x | 2.89x | $-105.68 Million |
| 2020 | 0.00% | -2207.10% | 0.03x | 0.00x | $-747.01 Million |
| 2021 | 0.00% | -4.32% | 0.31x | 0.00x | $66.94 Million |
| 2022 | 0.00% | 4.77% | 0.52x | 0.00x | $66.93 Million |
| 2023 | 70.98% | 10.46% | 0.46x | 14.76x | $64.03 Million |
| 2024 | 3.61% | 1.22% | 0.47x | 6.27x | $-16.69 Million |
Industry Comparison
This section compares Vivid Seats Inc's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,625,500,796
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vivid Seats Inc (SEAT) | $335.50 Million | -10.39% | 2.30x | $21.66 Million |
| ADWYF (ADWYF) | $12.45 Billion | 1.32% | 0.53x | $40.28 Million |
| Allied Energy Inc (AGGI) | $-1.09 Million | 0.00% | 0.00x | $122.37 Million |
| Calibre (ALWIN) | $-687.00K | 0.00% | 0.00x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.27 Million |
| ApartmentLove Inc (APMLF) | $-12.38K | 0.00% | 0.00x | $1.13K |
| Arena Group Holdings Inc (AREN) | $-52.15 Million | 0.00% | 0.00x | $35.83 Million |
| Autohome Inc (ATHM) | $7.12 Billion | 13.92% | 0.06x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $636.50 |
| BDCTF (BDCTF) | $3.15 Million | -39.54% | 7.80x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |