Vivid Seats sees FY25 revenue $730M-$810M, consensus $801.56M

Sees FY25 marketplace GOV $3.7B-$4.1B; Adjusted EBITDA $110.0M-$150.0M. “Throughout 2024, we maintained our unit economics amidst heightened intensity in performance marketing channels,” said Lawrence Fey, Vivid Seats (SEAT) CFO. “We expect continued competitive intensity in 2025 and are prepared to make additional investments to protect our market position. As we look ahead into 2025, we expect a return to top-line growth in the second half of the year as we begin to lap easier comps in the summer months. We continue to innovate and drive efficiencies as the landscape evolves and remain committed to delivering double-digit growth over the intermediate term. We expect substantial cash generation as we deliver top-line growth.”