Eventbrite Reports Third Quarter 2023 Financial Results
01 Novembro 2023 - 5:05PM
Business Wire
Revenue of $81.5 million grew 21%
year-over-year based on paid ticket growth and a record revenue
take rate
Adjusted EBITDA up more than 50% year-over-year
to an 8% margin in the third quarter
Successful launch of Flex and Pro event pricing
plans provides social media and email marketing tools to all
creators
Marketplace-related revenue from Eventbrite
Ads, organizer fees, and subscriptions grew 78%
quarter-over-quarter to exceed 5% of net revenue
Eventbrite, Inc. (NYSE:EB), a global events marketplace, today
posted its financial results for the third quarter ended September
30, 2023. The Third Quarter Shareholder Letter can be found on
Eventbrite’s Investor Relations website at
https://investor.eventbrite.com.
“We’re proud of our strong execution in the third quarter as we
achieved record take rate and revenue per ticket. The successful
launch of our new pricing packages has unlocked our highly
effective suite of powerful marketing tools for all creators,
helping grow their audiences like never before, and accelerating
our marketplace momentum,” said Julia Hartz, Co-Founder and Chief
Executive Officer. “Looking ahead, we are excited to drive further
growth through investments in areas like personalization and event
discovery, which harness the power of our scale and trusted
consumer brand and further solidify our position as the world’s
leading live experiences destination.”
Earnings Webcast Information
Eventbrite will host a conference call and live Q&A session
today at 2:00 p.m. Pacific Time to discuss the company’s third
quarter financial results. The webcast of the conference call can
be accessed as follows:
Event: Eventbrite Third Quarter 2023 Earnings Conference
Call
Date: Wednesday, November 1, 2023
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Live Webcast Site: https://investor.eventbrite.com
An archived webcast of the conference call will also be
accessible on Eventbrite’s Investor Relations page,
https://investor.eventbrite.com.
About Eventbrite
Eventbrite is a global events marketplace that serves event
creators and event goers in nearly 180 countries. Since inception,
Eventbrite has been at the center of the experience economy,
transforming the way people organize and attend events. The company
was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a
vision to build a self-service platform that would make it possible
for anyone to create and sell tickets to live experiences. With
over 280 million tickets distributed for over 5 million total
events in 2022, Eventbrite is where people all over the world
discover new things to do or new ways to do more of what they love.
Eventbrite has also earned industry recognition as a top employer
with special designations that include a coveted spot on Fast
Company’s prestigious The World’s 50 Most Innovative Companies and
Fast Company’s Brands That Matter lists, the Great Place to Work®
Award in the U.S., and Inc. 's Best-Led Companies honor. Learn more
at www.eventbrite.com.
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Eventbrite Investor Relations investors@eventbrite.com
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