Company name:

Eventbrite Inc

  • IPO SHARE PRICE:
    $23.00
  • IPO DATE:
    20 September 2018
  • TICKER:
    EB
  • MAIN STOCK EXCHANGE:
    NYSE
  • CURRENT HQ LOCATION:
    155 5th Street 7th Floor San Francisco CA 94103
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Eventbrite Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Balance Sheet

Quarterly Annual
(USD in thousand)
63.6%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
67.5%
63.6% —

Cash and cash equivalents

1.4% —

Funds receivable

1.2% —

Prepaid expenses and other current assets

0.8% —

Creator advances net

0.5% —

Creator signing fees net

0.1% —

Accounts Receivable

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents 		$188,986 $437,892 $420,712 $505,756
Accounts Receivable 2,885 4,069 2,932 458
Funds receivable 51,639 58,697 54,896 10,807
Creator signing fees net 4,235 7,324 9,597 3,657
Prepaid expenses and other current assets 10,662 16,467 14,157 9,804
Creator advances net 17,641 21,255 22,282 6,651
Total current assets $276,048 $545,704 $524,576 $537,133
5.3% 21.9%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
32.5%
21.9% —

Goodwill

5.3% —

Acquisition-related intangible assets

1.7% —

Operating lease - right-of-use assets

1.5% —

Property and equipment net

1.0% —

Other assets non-current

0.7% —

Creator signing fees

0.3% —

Restricted cash and cash equivalents
Selected Year:
Restricted cash and cash equivalents - - 2,228 2,674
Long-term restricted cash 3,235 1,508 2,228 -
Property plant and equipment net 42,492 44,219 19,735 -
Property and equipment net - - 19,735 11,574
Creator signing fees 6,186 9,681 16,710 5,838
Operating lease - right-of-use assets - - 22,160 13,886
Creator advances 2,435 1,887 922 -
Acquisition-related intangible assets
79,541 59,973 49,158 42,333
Goodwill
158,766 170,560 170,560 174,388
Other assets non-current - - 1,966 7,859
Other non-current assets 2,134 3,352 1,966 -
Total non-current assets 294,789 291,180 283,439 258,552
Total assets $570,837 $836,884 $808,015 $795,685
24.0% 4.2% 26.0% 114.8%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
31.0%
24.0% —

Accounts payable creators

4.2% —

Chargebacks and refunds reserve

1.1% —

Other accrued liabilities

0.6% —

Current portion of Operating leases

0.5% —

Accrued employee compensation and benefits

0.4% —

Accrued taxes

0.2% —

Accounts payable
Selected Year:
Accounts payable $1,481 $1,028 $1,870 $1,903
Accounts payable creators 228,007 272,201 307,871 191,134
Accrued employee compensation and benefits 3,535 5,586 6,347 3,980
Accrued taxes 2,615 8,028 5,409 2,992
Other accrued liabilities 10,544 15,726 16,997 8,362
Chargebacks and refunds reserve - - 2,699 33,225
Term Loan - 5,635 - -
Current portion of Operating leases - - 9,115 4,940
Total current liabilities $246,182 $308,204 $350,308 $246,536
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
29.4%
26.0% —

Long-term debt

1.8% —

Accrued taxes

1.4% —

Operating leases

0.2% —

Other non-current liabilities
Selected Year:
Accrued taxes 30,047 15,691 15,173 14,234
Redeemable convertible preferred stock warrant liabilities 7,271 - - -
Promissory note 51,082 - - -
Term Loan
26,669 67,087 - -
Long-term debt
- - - 206,630
Operating leases
- - 16,162 11,517
Built-to-suit lease liability
29,494 28,510 - -
Other non-current liabilities 1,888 2,170 557 1,196
Total long-term liabilities $146,451 $113,458 $31,892 $233,577
Total Liabilities $392,633 $421,662 $382,200 $480,113
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
39.7%
114.8% —

Additional paid-in capital

0.0% —

Common stock
Selected Year:
Redeemable convertible preferred stock
$334,018 - - -
Common stock - - 1 1
Treasury Stock at cost (488) (488) - -
Accumulated deficit
(238,617) (302,695) (372,826) (597,544)
Additional paid-in capital
83,291 718,405 798,640 913,115
Total Equity ($155,814) $415,222 $425,815 $315,572
Total Liabilities and Equity $570,837 $836,884 $808,015 $795,685