Eventbrite ( (EB) ) has released its Q1 earnings. Here is a breakdown of the information Eventbrite presented to its investors.
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Eventbrite is a global events marketplace that connects event creators and attendees across nearly 180 countries, providing a platform for organizing and discovering live experiences. The company is recognized for its innovative approach and has received accolades as a top employer.
In the first quarter of 2025, Eventbrite reported a revenue of $73.8 million, with an Adjusted EBITDA margin of 6.2%, aligning with the upper end of its projected outlook. The company also saw a growth in Average Monthly Active Users to nearly 88 million, with a 13% increase in app users compared to the previous year.
Key financial highlights include a paid ticket volume of 19.6 million, marking the third consecutive quarter of improvement in year-over-year trends. However, net revenue saw a 14% decline year-over-year, primarily due to the elimination of organizer fees. Despite this, Eventbrite Ads experienced a 30% growth year-over-year. The company reported a net loss of $6.6 million, an increase from the $4.5 million loss in the same period last year.
Looking ahead, Eventbrite reaffirms its fiscal year 2025 financial outlook, expecting net revenue between $295 million and $310 million, with an Adjusted EBITDA margin in the mid-single digit percentage range. The company remains focused on controlling operating expenses and improving margins to achieve sustainable, profitable growth.