In 2017, our net revenue was $201.6 million, up from $133.5 million in 2016, representing year-over-year net revenue growth of 51.0%. In 2017, the firm helped more than 700,000 creators issue roughly 203 million tickets across about three million events in over 170 countries.Įventbrite described its finances in the filing as follows: It grows with creators as they plan, promote and produce more events and grow attendance. Management believes that the business model is simple: Eventbrite charges creators on a per-ticket basis when an attendee purchases a paid ticket for an event. The platform integrates components needed to seamlessly plan, promote and produce live events, thereby allowing creators to reduce friction and costs, increase reach and drive ticket sales. This company serves event creators through its broad technology platform. The underwriters for the offering are Goldman Sachs, JPMorgan, Allen, RBC Capital Markets, SunTrust Robinson Humphrey and Stifel. The company intends to list its shares on the New York Stock Exchange under the symbol EB. At the maximum price, the entire offering is valued up to $264.5 million. The company intends to price its 10 million shares in the range of $21 to $23 (up from the previous range of $19 to $21), with an overallotment option for an additional 1.5 million shares. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). Eventbrite has filed an amended S-1 form with the U.S.
0 Comments
Leave a Reply. |