Vivid Seats(SEAT) - 2023 Q1 - Earnings Call Presentation

Financial Performance - Vivid Seats' Marketplace Gross Order Value (GOV) reached $856 million in Q1 2023[43] - Revenues for Q1 2023 totaled $161 million[43] - Adjusted EBITDA for Q1 2023 was $42 million[43] - The company's Q1 2023 net income was $303 million, a significant increase from $31 million in Q1 2022[43] - Adjusted EBITDA margin increased to 263% in Q1 2023, compared to 161% in Q1 2022[33] Revenue Breakdown - Total Marketplace revenues increased by 24% to $136581 thousand in Q1 2023 from $110516 thousand in Q1 2022[20] - Concert revenues increased by 28% to $74879 thousand in Q1 2023 from $58673 thousand in Q1 2022[20] - Sports revenues increased by 17% to $45600 thousand in Q1 2023 from $38915 thousand in Q1 2022[20] - Theater revenues increased by 22% to $15390 thousand in Q1 2023 from $12615 thousand in Q1 2022[20] Customer Engagement - The order mix from repeat buyers has increased over time, reaching 56% in 2022[3]