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StubHub files for IPO said that the income of 2024 has up to $ 1.77 billion

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StubHub files for IPO said that the income of 2024 has up to $ 1.77 billion


ON on Friday (March 21), a second ticket Marketplace StubHub showed the company’s original open offer (IPO).

A pioneer in the online ticket rearranged, StubHub “General Goods” (GMS) (GMS) or total price clients paid for operation and implementation, over 2023, sold more than 40 million tickets in 200 countries and territories.

The income reached $ 1.77 billion in 2024, and from 2023 to 29.4%, and the net loss was $ 2.8 million. Cashless expenses are not leaking interest, taxes, depreciation and depreciation (EBITS), $ 298.7 million in $ 298.9 million in $ 298.9 million in 2023, $ 298.7 million in the last year’s adjustable Ebit.

Income from IPO, primarily, the rest will go towards general corporate goals, such as Capital of StubHub. StubHub said that products or technologies can use part of the income obtained for purchases or investments.

StubHub believes that on Friday, according to the S-1 document, the leader in secondary tickets. The company made an opening on primitive tickets with more than $ 100 million in GMS in more than $ 100 million in GMS in 2024.

StubHub is doing more than most of their opponents. Kaylı Seats in 2024 (GTV), initial ticket platform, an initial ticket platform last year, GTV accounted for $ 3.2 billion. Ticketmaster, who did not violate primitive and secondary tickets, said that $ 34.7 billion is GTV.

Started in 2000 Eric BakerStubHub was obtained by eBay in 2007. Baker has about 5% of Viagogo, Viagogo, Viagogo, in Europe, in 2020, and leaves more than 90% of the voting rights. Other key owners of other major class owners include Madrone partners (27.1%), Westcap management (11.0%), Bessemer Venture partners (9.6%), PointState Capital (5.6%) and declaration partners (5.3%).



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