Eventbrite Inc (EB) Q4 2024 Earnings Call Highlights: Navigating Revenue Declines with ...
Ticketing Revenue: $70.4 million, declined 10% year-over-year.
Marketplace Revenue: $6 million, declined 35% year-over-year.
Eventbrite Ads Revenue: Increased 35% in Q4 and 83% for the full year.
Total Ticketing Volume: $72 million in Q4, up 2% year-over-year.
Free Ticket Volume: $50 million, up 8% year-over-year.
Paid Ticket Volume: $21.6 million, declined 10% year-over-year.
Gross Profit: $52 million in Q4, down 15% year-over-year.
Gross Margin: 68.2% in Q4, down from 70.1% a year ago.
Operating Expenses: $60 million in Q4, down from $71 million a year ago.
Net Loss: $8.4 million in Q4, compared to a net loss of $900,000 a year ago.
Adjusted EBITDA: $6.5 million in Q4, compared to $8.8 million a year ago.
Cash and Cash Equivalents: $465 million at the end of Q4.
Total Debt: $241 million at the end of Q4.
Q1 2025 Revenue Outlook: $71 million to $74 million.
Full Year 2025 Revenue Outlook: $295 million to $310 million.
Warning! GuruFocus has detected 2 Warning Sign with EB.
Release Date: February 27, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Eventbrite Inc (NYSE:EB) reported Q4 2024 revenue of $76.5 million, reaching the upper end of their outlook range.
The company exceeded its 10% adjusted EBITDA margin target for the fiscal year.
Eventbrite Ads revenue grew 35% in Q4 and 83% for the full year, indicating strong adoption by creators.
The elimination of organizer side listing fees led to improvements in creator acquisition, event volume, and ticket transactions.
Eventbrite is launching a redesigned app and new features like It-Lists to enhance consumer engagement and event discovery.
Q4 2024 revenue was down 13% year-over-year, primarily due to the decline in ticketing revenue.
Marketplace revenue declined 35% due to the loss of organizer fees.
Paid ticket volume in Q4 declined by 10%, although it showed improvement from the previous quarter.
The company is guiding to a lower revenue range for 2025 due to structural revenue mix changes.
Eventbrite's net loss in Q4 was $8.4 million, compared to a net loss of $900,000 in the same period a year ago.
Q: Can you provide an update on the TikTok partnership and its impact on conversion rates? A: Julia Hartz, CEO, explained that the TikTok partnership remains a vital channel for event discovery, particularly among younger audiences. While the native integration helps reach new audiences, there is still work to be done on improving conversion rates. Eventbrite is collaborating with TikTok to streamline the ticket purchasing process and enhance discovery through search integration.
Q: Why is the EBITDA margin guidance for 2025 in the mid-single digits, given the revenue outlook? A: Anand Gandhi, CFO, noted that the margin compression is primarily due to the $20 million reduction in high-margin organizer fees and the inclusion of incentive bonus compensation in 2025. Despite these pressures, Eventbrite is maintaining financial discipline and expects to achieve mid-single-digit EBITDA margins through cost control and efficient resource allocation.
Q: How does free ticket activity translate into revenue growth, and what is the strategy for winning back creators? A: Julia Hartz highlighted that free ticket growth is a leading indicator for paid ticket volume, as it increases event supply and consumer engagement. Eventbrite is focused on improving event discovery and demand generation, which is expected to drive paid ticket volume recovery. The company is also actively re-engaging creators with enhanced marketing tools and a focus on high-value customers.
Q: What are the plans for capital allocation, particularly regarding share repurchases and debt maturities? A: Anand Gandhi stated that Eventbrite will take a balanced approach, focusing on managing debt maturities and executing the share buyback program. The company has repurchased $50 million in shares and plans to complete the remaining $50 million authorization, while also addressing upcoming debt maturities with a strong cash position.
Q: How is Eventbrite building consumer loyalty, and what opportunities exist for marketplace transformation? A: Julia Hartz emphasized the importance of app users in driving consumer loyalty, as they engage more frequently than web users. Eventbrite is enhancing the app experience with personalized recommendations and curated content to increase engagement. Anand Gandhi added that Eventbrite's strong brand and market leadership position provide a solid foundation for transforming into a vibrant two-sided marketplace.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on GuruFocus.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
42 minutes ago
- Yahoo
Stabilus SE (SIUAF) Q3 2025 Earnings Call Highlights: Navigating Challenges with Strategic Stability
Revenue: EUR316 million in Q3, down 10% year-over-year. EBIT Margin: 11.1% year-to-date, consistent with last year. Free Cash Flow: EUR105 million expected for the full year. Net Leverage Ratio: Covenant increased to 4.0 until September 2026. Investment: 6.8% of revenue, focusing on automation. Regional Performance: Americas down 12%, Asia Pacific down 21%, Europe stable. FX Impact: Negative impact of 5% on revenue due to strong euro. Term Loan: New EUR150 million loan maturing in June 2029. Warning! GuruFocus has detected 4 Warning Signs with SIUAF. Release Date: August 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Stabilus SE (SIUAF) maintained an EBIT margin of 11.1% year-to-date, consistent with the previous year, despite a challenging market environment. The company successfully refinanced its term loan ahead of schedule, securing a new long-term loan facility of EUR 150 million maturing in June 2029. Stabilus SE (SIUAF) increased its covenant headroom to 4.0 until September 2026, indicating strong financial stability and trust from banks. The company expects a free cash flow of EUR 105 million for the year, with a cash flow ratio exceeding 50%, demonstrating strong cash generation capabilities. Stabilus SE (SIUAF) is implementing cost-cutting measures across various areas, including purchasing savings and operational efficiencies, to maintain profitability in a soft market. Negative Points Revenues in the third quarter were down by 10%, primarily due to a strong euro and the global tariff conflict, impacting sales in North America and Asia Pacific. The company experienced a significant FX impact, with the euro's strength affecting revenues in North America and China. Sales in the Americas and Asia Pacific regions declined by 12% and 21%, respectively, due to softer demand in the automotive and industrial sectors. The Asia Pacific Powerise segment saw a 15% decline in organic revenues, with pricing pressures and competition in China contributing to the decrease. Stabilus SE (SIUAF) anticipates continued pricing pressure in China, with prices expected to decrease by another 3% to 4% next year. Q & A Highlights Q: Could you provide more details on OEM call-offs within the automotive sector and order intake trends across your industrial businesses? Are there signs of stabilization? A: Michael Buechsner, CEO: We believe we have reached the bottom in terms of demand. The consumer sentiment is stabilizing, and we see positive signs in the industrial sector for next year. The automotive sector remains challenging, but investments in equipment indicate potential growth. Overall, we expect a more stable environment next year. Q: Regarding APAC Powerise and China pricing, when can we expect stabilization and a return to growth in this segment? A: Michael Buechsner, CEO: We experienced a 15% decline in organic revenues in APAC Powerise, driven by a 7-8% price reduction and lower volumes. We anticipate prices to decrease by another 3-4% next year, but expect more stability as competitors reach pricing limits. Growth should stabilize as market conditions improve. Q: Can you quantify the cost actions you're taking for next year? A: Michael Buechsner, CEO: We aim to reduce bill of material costs by 2-3% annually through VAVE actions and supplier negotiations. This year, we've achieved a 3-4% reduction, offsetting some market impacts. Our cost-cutting initiatives in indirect areas should improve margins by about a percentage point next year. Q: Are you still committed to your strategic growth targets despite current market weaknesses? A: Michael Buechsner, CEO: Yes, we remain committed to our strategic growth targets. We expect some recovery of postponed orders in the fourth quarter or next year. Our business model is intact, and we continue to win contracts, indicating a positive outlook. Q: Is there any change to the refinancing conditions or covenants? A: Michael Buechsner, CEO: No changes to the terms and conditions. Our covenant has increased from 3.5 to 4.0, providing more headroom and stability. This reflects the trust and support from our syndicated banks, and we remain committed to deleveraging. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
44 minutes ago
- Yahoo
Zepp Health Corp (ZEPP) Q2 2025 Earnings Call Highlights: Revenue Surge and Strategic Product ...
Revenue: $59.4 million, a 46% year-over-year increase. Gross Margin: 36.2%, consistent with Q1 2025 but slightly down year-over-year. Operating Costs: $26 million, compared to $25 million in Q2 2024 and $32 million last quarter. R&D Expenses: $11.2 million, a 3.1% year-over-year increase. Selling and Marketing Expenses: $12 million, a 14.2% year-over-year increase and a 12.9% decrease quarter-over-quarter. G&A Expenses: $4.4 million, compared to $4.9 million in Q2 2024. Adjusted Operating Loss: $4.9 million, a 42% improvement compared to last year. Cash Balance: $95 million as of June 30, down from $103 million in Q1 2025. Debt Reduction: Cumulative retirement of $68.0 million of debt since Q1 2023. Q3 2025 Revenue Outlook: Expected to be between $72 million and $76 million, representing 70% to 79% year-over-year growth. Warning! GuruFocus has detected 7 Warning Signs with ZEPP. Release Date: August 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Zepp Health Corp (NYSE:ZEPP) achieved a 46% year-over-year increase in revenue, reaching $59.4 million, marking the first quarter of year-over-year revenue growth since Q2 2021. The T-Rex smartwatch maintained competitive edge with sustained volume growth, setting new standards in the premium outdoor smartwatch category. The Helio Strap, a screen-free fitness tracker, received extensive praise for its accuracy and affordability, tapping into a new market niche. Zepp OS 5.0, powered by AI, achieved substantial advancements in functionality and performance, enhancing user experience. The company successfully mitigated tariff impacts through a flexible supply chain and multi-region sourcing strategy, enhancing operational resilience. Negative Points Gross margin was slightly down year-over-year due to a higher revenue proportion of lower-margin entry-level products. Operating costs increased slightly to $26 million compared to $25 million in Q2 2024, despite efforts to reduce expenses. The company experienced supply constraints with the Helio Strap, impacting potential sales growth. Cash balance decreased from $103 million in Q1 2025 to $95 million as of June 30, 2025, influenced by timing and operating performance factors. The company continues to face challenges from evolving tariff policies and global wearable technology trends. Q & A Highlights Q: Could you please give more color on the recent spike in share price drivers? A: Leon Cheng Deng, CFO: The recent share price increase is due to several factors. Our products are well-received, and our brand is gaining recognition, as evidenced by our successful Amazon Day. Additionally, the market is undergoing a value discovery phase, recognizing that smart hardware companies like ours are gaining market share. We believe our company is undervalued compared to peers, and as we continue executing our strategy, we expect continued growth and value revaluation. Q: How many more product launches are planned for the second half of the year compared to the first half? A: Leon Cheng Deng, CFO: In the first half, we launched entry-level products like Bip 6 and Active 2, and mid-tier products like Balance 2 and Helio Strap. We have exciting products in the pipeline for Q3 and Q4, which will be on par with or exceed the number of launches in the second half of the previous year. Q: Do you expect gross margins to improve in the coming quarters, potentially reaching closer to 40% for the full year? A: Leon Cheng Deng, CFO: While we don't guide on gross margins, we expect them to expand in the second half of the year due to a full quarter of sales from Balance 2 and Helio Strap, along with new product launches. The product mix will likely improve, leading to higher gross margins. Q: What percent of your imports to the USA come from Vietnam, and what are the current tariffs for Chinese and Vietnam production? A: Leon Cheng Deng, CFO: Products shipped from China to the USA face tariffs just south of 25%, while those from Vietnam have close to zero tariffs due to waivers. We aim to ship as much as possible from Vietnam to mitigate tariff impacts, and our efforts have been better than expected. Q: What kind of sales contribution do you expect from the new Helio Strap launch, and what gross margin does it carry? A: Leon Cheng Deng, CFO: The Helio Strap, launched in June, has been well-received and carries a healthy gross margin on par with the company's overall margin. It is priced at $99 and is gaining popularity, with supply constraints being addressed to meet demand. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
44 minutes ago
- Yahoo
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the Second Quarter of 2025
TAIPEI, Aug. 5, 2025 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the second quarter of 2025. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis. (Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.) Second Quarter 2025 Financial Highlights Total revenue increased by 4.8% to NT$ 56.73 billion. Consumer Business Group revenue increased by 1.4% to NT$ 34.07 billion. Enterprise Business Group revenue increased by 12.4% to NT$ 18.98 billion. International Business Group revenue decreased by 16.8% to NT$ 2.20 billion. Total operating costs and expenses increased by 4.8% to NT$ 44.19 billion. Operating income increased by 5.2% to NT$ 12.54 billion. EBITDA increased by 3.5% to NT$ 22.58 billion. Net income attributable to stockholders of the parent increased by 3.5% to NT$ 10.17 billion. Basic earnings per share (EPS) was NT$1.31. Total revenue, operating income, net income attributable to stockholders of the parent and EPS all exceeded the upper end of our proposed guidance. "We're proud to deliver another outstanding quarter, with results exceeding the upper end of our guidance across revenue, operating income, net income attributable to stockholders of the parent, and EPS," stated Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom. "Second quarter revenue reached a ten-year high for the same period, driven by robust growth in our core telecom services and enterprise ICT business. Despite ongoing global economic uncertainty, evolving geopolitical risks, and the rapid pace of digital transformation, our performance underscores the strength of our business model, the agility of our organization, and our ability to capitalize on emerging opportunities." "Chunghwa continued to lead the mobile market, achieving record highs in both subscriber and revenue share," said Mr. Rong-Shy Lin, President of Chunghwa Telecom. "In fixed broadband, higher-speed plan adoption and bundled service offerings drove further ARPU expansion. We also saw broad-based growth across consumer allocation services, including multi-play packages, video content, and cybersecurity solutions. Our Enterprise Business Group delivered a standout quarter, with total ICT revenue up 37% year-over-year, fueled by strong demand for IDC, cloud, AIoT, and 5G private networks. While our International Business Group faced temporary headwinds due to project timing, demand in Southeast Asia remained solid with new ICT contracts secured in Vietnam and Singapore. We remain focused on expanding our presence in high-growth overseas markets." "Looking ahead, we remain confident in our strategy to position Chunghwa as a leading digital enabler in the AI era," added Mr. Lin. "From launching major submarine cable systems and scaling LEO satellite connectivity, to being upgraded to MSCI ESG 'AAA' and receiving prestigious data center awards, we are building a future-ready infrastructure that ensures resilient, secure, and intelligent connectivity—both in Taiwan and globally. These advancements reinforce our industry leadership and create sustainable, long-term value for our shareholders." RevenueChunghwa Telecom's total revenues for the second quarter of 2025 increased by 4.8% to NT$ 56.73 billion. Consumer Business Group's revenue for the second quarter of 2025 increased by 1.4% YoY to NT$ 34.07 billion, with its income before tax increased 4.8% YoY. The remarkable performance was mainly driven by steady growth in both mobile and fixed broadband ARPU. In addition to stable performance of core service revenues, CBG also benefited from higher smartphone sales, as consumers accelerated purchases in anticipation of potential tariff fluctuations. Enterprise Business Group's revenue for the second quarter of 2025 increased 12.4% YoY to NT$ 18.98 billion, mainly driven by our robust growth in ICT business, which saw a 37% year-over-year increase in revenue, fueled by the strong performance of our emerging services. As a result, EBG reported a robust 5.4% increase in income before tax during the quarter. International Business Group's revenue for the second quarter of 2025 decreased by 16.8% to NT$ 2.20 billion, while its income before tax decreased 11.9% YoY. The decline was mainly due to reduced demand for international fixed voice services and softening international roaming revenues. Operating Costs and Expenses Total operating costs and expenses for the second quarter of 2025 increased by 4.8% to NT$ 44.19 billion, mainly due to higher manpower cost and the growing ICT business. Operating Income and Net IncomeOperating income for the second quarter of 2025 increased by 5.2% to NT$ 12.54 billion. The operating margin was 22.1%, as compared to 22.0% in the same period of 2024. Net income attributable to stockholders of the parent increased by 3.5% to NT$ 10.17 billion. Basic earnings per share was NT$1.31. Cash Flow and EBITDACash flow from operating activities, as of June 30th, 2025, decreased by 0.2% year over year to NT$ 29.16 billion. Cash and cash equivalents, as of June 30th, 2025, decreased by 7.1% to NT$ 35.05 billion as compared to that as of June 30th, 2024. EBITDA for the second quarter of 2025 was NT$ 22.58 billion, increasing by 3.5% year over year. EBITDA margin was 39.80%, as compared to 40.31% in the same period of 2024. Business Highlights MobileAs of June 30th, 2025, Chunghwa Telecom had 13.13 million mobile subscribers, representing a 2.2% year-over-year decrease. In the second quarter, total mobile service revenue increased by 2.0% to NT$ 17.06 billion, while mobile post-paid ARPU excluding IoT SIMs maintained stable and flat year over year at NT$ 556. Fixed Broadband/HiNetAs of June 30th, 2025, the number of broadband subscribers slightly increased by 0.7% to 4.44 million. The number of HiNet broadband subscribers increased by 1.3% to 3.77 million. In the second quarter, total fixed broadband revenue grew 1.8% year over year to NT$ 11.59 billion, while ARPU increased 1.9% to NT$ 804. Fixed lineAs of June 30th, 2025, the number of fixed-line subscribers was 8.77 million. Financial StatementsFinancial statements and additional operational data can be found on the Company's website at NOTE CONCERNING FORWARD-LOOKING STATEMENTSThis press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about Chunghwa's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to the risks outlined in Chunghwa's filings with the U.S. Securities and Exchange Commission on Forms F-1, F-3, 6-K and 20-F, in each case as amended. The forward-looking statements in this press release reflect the current belief of Chunghwa as of the date of this press release and Chunghwa undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date, except as required under applicable law. This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements. NON-GAAP FINANCIAL MEASURESTo supplement the Company's consolidated financial statements presented in accordance with International Financial Reporting Standards pursuant to the requirements of the Financial Supervisory Commission, or T-IFRSs, Chunghwa Telecom also provides EBITDA, which is a "non-GAAP financial measure". EBITDA is defined as consolidated net income (loss) excluding (i) depreciation and amortization, (ii) total net comprehensive financing cost (which is comprised of net interest expense, exchange gain or loss, monetary position gain or loss and other financing costs and derivative transactions), (iii) other income, net, (iv) income tax, (v) (income) loss from discontinued operations. In managing the Company's business, Chunghwa Telecom relies on EBITDA as a means of assessing its operating performance because it excludes the effect of (i) depreciation and amortization, which represents a non-cash charge to earnings, (ii) certain financing costs, which are significantly affected by external factors, including interest rates, foreign currency exchange rates and inflation rates, which have little or no bearing on our operating performance, (iii) income tax (iv) other expenses or income not related to the operation of the business. CAUTIONS ON USE OF NON-GAAP FINANCIAL MEASURESIn addition to the consolidated financial results prepared under T-IFRSs, Chunghwa Telecom also provide non-GAAP financial measures, including "EBITDA". The Company believes that the non-GAAP financial measures provide investors with another method for assessing its operating results in a manner that is focused on the performance of its ongoing operations. Chunghwa Telecom's management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, the Company recognizes that: these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's T-IFRSs financial measures; these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's T-IFRSs financial measures; these non-GAAP financial measures should not be considered to be superior to the Company's T-IFRSs financial measures; and these non-GAAP financial measures were not prepared in accordance with T-IFRSs and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principle. Further, these non-GAAP financial measures may be unique to Chunghwa Telecom, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies. Readers are cautioned not to view non-GAAP results as a substitute for results under T-IFRSs, or as being comparable to results reported or forecasted by other companies. About Chunghwa TelecomChunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the Company") is Taiwan's largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers with its big data, information security, cloud computing and IDC capabilities, and is expanding its business into innovative technology services such as IoT, AI, etc. Chunghwa has been actively and continuously implemented environmental, social and governance (ESG) initiatives with the goal to achieve sustainability and has won numerous international and domestic awards and recognitions for its ESG commitments and best practices. For more information, please visit our website at Contact: Angela TsaiPhone: +886 2 2344 5488Email: chtir@ View original content: SOURCE Chunghwa Telecom Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data