Company name:

Eventbrite Inc

  • IPO SHARE PRICE:
    $23.00
  • IPO DATE:
    September 20, 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

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
 201,597 291,611 326,801 106,006 106,006 106,632
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
287.0%
97.3% —

General and administrative

79.5% —

Sales marketing and support

58.8% —

Cost of revenue

51.5% —

Product development
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
45,679
 81,667 120,653 129,141 62,330 62,330 52,000
Gross profit
45,679
 119,930 170,958 197,660 43,676 43,676 54,632
Product development
45,679
 30,608 46,071 64,196 54,551 54,551 47,172
Sales marketing and support
45,679
 59,740 83,428 102,874 84,259 84,259 (30,288)
General and administrative
45,679
 62,989 80,134 100,541 103,146 103,146 90,880
Total operating expenses
45,679
 $153,337 $209,633 $267,611 $241,956 $241,956 $107,764
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
187.0%
187.0% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
 ($33,407) ($38,675) ($69,951) ($198,280) ($198,280) ($53,132)
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
1.8%
0.0% —

Change in fair value of redeemable convertible preferred stock warrant liability

0.0% —

Loss on early repayment of debt

1.8% —

Other expense or income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Change in fair value of redeemable convertible preferred stock warrant liability
45,679
 (2,200) (9,591) - - - -
Other expense or income
45,679
 3,509 (3,189) 5,727 (1,932) (1,932) 13,320
Loss on early repayment of debt
45,679
 - (178) (1,742) - - -
Total non-operating income (expense)
45,679
 1,309 (12,958) 3,985 (1,932) (1,932) 13,320
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
188.9%
188.9% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
 ($32,098) ($51,633) ($65,966) ($200,212) ($200,212) ($39,812)
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
23.1%
0.1% —

Income tax expense or benefit

23.2% —

Interest expense
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest expense
45,679
 (6,462) (11,295) (2,986) (24,586) (24,586) (42,660)
Income before income taxes
45,679
 (38,560) (62,928) (68,952) (224,798) (224,798) (82,472)
Income tax expense or benefit TEST - ODD
45,679
 (13) 1,150 (192) (80) (80) (1,548)
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
212.0%
212.0% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
 ($38,547) ($64,078) ($68,760) ($224,718) ($224,718) ($80,924)

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Class A
-
 - 11,502,993 62,678,001 69,784,526 69,784,526 69,784,526
Class B
-
 - 67,101,088 23,666,083 23,178,157 23,178,157 23,178,157
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
 ($1.98) ($1.71) ($0.84) ($2.52) ($2.52) ($7.36)
Net Income per diluted share
$45,678,795.00
 ($1.98) ($1.71) ($0.84) ($2.52) ($2.52) ($7.36)