(SEAT) Vivid Seats - Ratings and Ratios

Vivid Seats Inc. is a leading online ticket marketplace that connects buyers and sellers in the United States, Canada, and Japan, providing a platform for the exchange of tickets to various events, including sports, concerts, theater productions, and other live events. The company's operations are divided into two main segments: Marketplace and Resale, each with distinct functions and offerings. The Marketplace segment serves as a bridge between ticket buyers and sellers, facilitating transactions through its website and mobile applications, as well as through partnerships with distribution partners. This segment also offers a range of tools and services, such as Skybox, a proprietary enterprise resource planning tool designed to help ticket sellers manage their inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces.

The company's Marketplace segment also features Vivid Picks, a daily fantasy sports platform that enables users to participate in contests by making picks from various sports and player matchups. This adds a layer of engagement and interaction for users, beyond the traditional ticket buying and selling experience. On the other hand, the Resale segment focuses on acquiring tickets for resale on secondary marketplaces, while also providing internal research and development support for the enhancement of Skybox and the creation of software and tools for sellers. By operating in these two segments, Vivid Seats Inc. is able to cater to a wide range of needs within the ticketing industry, from the initial sale and resale of tickets to the provision of tools and services that support these transactions.

With a history dating back to 2001, Vivid Seats Inc. has established itself as a significant player in the online ticket marketplace, with its headquarters located in Chicago, Illinois. The company's website, vividseats.com, serves as a central hub for its operations, providing users with access to a broad range of tickets and services. As a publicly traded company, Vivid Seats Inc. is listed on the NASDAQ stock exchange under the ticker symbol SEAT, with its common stock classified under the GICS Sub Industry of Movies & Entertainment. This classification reflects the company's role in facilitating the exchange of tickets to events that fall within the entertainment sector, further highlighting its position within the broader entertainment industry.