![]() Adjusted EBITDA for 2021 was at $1.0m compared to a negative $134.1m in 2020 and negative $5.6m in 2019. Adjusted EBITDA was $4.0m in Q4 compared to $2.2m a year ago and $2.2m in 2019.įor the full year, net loss was $139.1m compared to net losses of $224.7m in 2020 and $68.8m in 2019. Net loss was $16.8m for the fourth quarter of 2021 compared with net loss of $20.2m in the same period in 2020, and $13.9m in 2019. The increase was primarily attributable to an increase in the size of its engineering team as well as higher employee compensation. Product development expenses of $17.9m for the fourth quarter of 2021 rose 52% compared to the same period in 2020 reflecting strategic investments in its scalable platform and software tools. Operating expenses in the fourth quarter of 2020 included a $14.0m reduction of reserves for estimated advance pay-out losses and other non-routine items. Operating expenses were $51.8m in the fourth quarter of 2021, compared to $26.9m in the fourth quarter of 2020. ![]() Comparing the same periods, paid ticket volume for events outside of the US increased 82% year-over-year, benefitting from the ongoing recovery of live events across its major international markets.įor the full year, Eventbrite registered net revenue of $187.1m which was well up on $106.0m in 2020 but a little more than half the $326.8m of 2019.Įventbrite generated 291m ticket transactions during 2021 from a record 5.4m events, compared to 309m tickets in 2019 from 4.7m events. ![]() Paid ticket volume for events outside of the US represented 34% of total paid tickets in the fourth quarter, compared to 38% a year earlier. This volume had been at 10m, 16m and 19m during the three previous quarters of the year. ![]() Paid ticket volume of 22.1 million increased 101% as both the supply of and demand for live events and in-person gatherings improved from the year-ago period. ![]()
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