SEAT — Stock Film
STOCK FILMSCENE 1/12SEAT · $4.95
Stock Expert AI presents
SEAT
Vivid Seats Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Vivid Seats Inc. What it actually does.

Operates an online secondary marketplace for event tickets. Connects buyers and sellers of tickets for live sports, concerts, and theater events. Now — the numbers.

on the stock market since 2021
561 employees
$55.6M market value
WHERE DOES THE MONEY COME FROM?
44%Owned Properties
Owned PropertiesConcerts 21%Sports 16%Theater 11%Private Label 6%Other 2%
44% of all revenue comes from a single line: Owned Properties.

Revenue is spread across several lines; no single product carries the company.

Revenue last year:
$570.8M
The loss that same year:
$429.3M
For every $1 it earns, the company spends $1.8.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 7% a year over the last 4 years. Red columns mark years that ended in a loss.

$443M
2021
2022
2023
2024
$570.8M
2025
In the vault right now:
$102.7M
DEBT: $403.8M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
1 / 8
EXPECTATIONS MET OR BEATEN
1
Nov 2024
Aug 2026
1 TIME IN THE LAST 8 QUARTERS
It misses the bar more often than not.
THE COUNCIL REVIEW
9

angles, checked one by one.

The 2 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

WEAK SPOTS
The stock has lost its spark0/10
Costs eat into the margin4/10
WORTH WATCHING

Cost Efficiency: As sales grow, profit fails to keep the same pace.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 98% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

THE BRIGHT SIDE

Our checks did not surface a specific strength to highlight here.

1
THE RISKS · 1/2
Lost money last year

A loss of $429.3M against $570.8M in annual sales. And on top of that, sales fell from the year before.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
F
21 / 100 · MoonshotScore

On our five-subject report card, SEAT sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: SEAT has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (22/100) says the stock isn’t cheap.

What would you like to do next?
Open the stock page →
This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film