Eventbrite, Inc. (EB) · 10+ Years of Financial Ratios

Profitability	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-9.45	-9.1	-8.36	-28.02	-16.38	-6.16	-2.93
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	58.29	59.49	58.63	60.48	41.2	62.44	65.22	68.38
EBITDA Margin (%)	-20.53	-6.94	-1.39	-13.96	-165.72	-26.22	-12.22	-8.39
Operating Margin (%)	-26.26	-16.57	-13.26	-21.4	-187.05	-36.22	-17.91	-12.61
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-30.16	-19.13	-21.58	-21.1	-212.06	-73.56	-21.18	-7.51
Profit Margin (%)	-30.26	-19.12	-21.97	-21.04	-211.99	-74.32	-21.23	-8.12
Net Income to Common Margin (%)	-30.26	-19.12	-21.97	-21.04	-211.99	-74.32	-21.23	-8.12
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -

Credit	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Debt	30	107	101	25	223	366	362	361
ST Debt	- -	- -	6	9	5	4	3	2
LT Debt	30	107	96	16	218	362	359	359
Total Debt/EBITDA	-1.1	-7.67	-24.89	-0.55	-1.27	-7.47	-11.35	-13.19
Net Debt/EBITDA	5.09	7.95	89.79	9.22	1.7	5.72	5.76	4.81
Total Debt/EBIT	-0.86	-3.21	-2.62	-0.36	-1.13	-5.41	-7.74	-8.78
Net Debt/EBIT	3.98	3.33	9.44	6.01	1.51	4.14	3.93	3.2
EBITDA to Interest Expense	-7.8	-2.16	-0.36	-15.28	-7.15	-3.02	-2.83	-2.45
EBITDA-CapEx/Interest Expense	-8.65	-2.56	-0.84	-17.25	-7.21	-3.08	-2.96	-2.55
EBIT to Interest Expense	-9.98	-5.17	-3.42	-23.43	-8.06	-4.17	-4.15	-3.68
Interest Expense	4	6	11	3	25	16	11	11
Common Equity/Total Assets	-81.55	-41.8	-36.17	-46.14	-75.1	-81.24	-88.11	-89.28
Long-Term Debt/Equity (%)	- -	- -	23.02	3.8	69.13	213.21	215.5	187.44
Long-Term Debt/Capital (%)	-17.83	-81.63	-47.45	-4.65	-58.26	-98.65	-84.01	-79.09
Long-Term Debt/Total Assets (%)	12.34	18.79	11.42	2	27.42	40.12	40.09	39.35
Total Debt/Equity (%)	-20.31	-68.83	24.38	5.94	70.69	215.65	217.19	188.24
Total Debt/Capital (%)	-17.83	-81.63	-50.25	-7.27	-59.58	-99.78	-84.67	-79.42
Total Debt/Total Assets (%)	12.34	18.79	12.1	3.13	28.04	40.58	40.4	39.52
Net Debt to Equity	93.6	71.39	-87.95	-98.8	-94.79	-165.28	-110.31	-68.59
Net Debt/Capital (%)	45.11	34.72	57.12	54.76	33.98	28.04	19.01	13.94
EBITDA	-27	-14	-4	-46	-176	-49	-32	-27
EBITDA-CapEx	-30	-17	-9	-52	-177	-50	-33	-28
Operating Income (Loss)	-35	-33	-39	-70	-198	-68	-47	-41

Liquidity	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Cash Ratio	0.93	0.77	1.42	1.2	2.05	1.77	1.73	1.8
Current Ratio	1.23	1.12	1.77	1.5	2.18	1.88	1.89	1.99
Quick Ratio	1.12	0.99	1.62	1.37	2.1	1.83	1.85	1.94
CFO/Avg Current Liab	- -	0.15	0.03	0.09	-0.53	0.28	0.02	0.05
Common Equity/Total Assets	-81.55	-41.8	-36.17	-46.14	-75.1	-81.24	-88.11	-89.28
Long-Term Debt/Equity (%)	- -	- -	23.02	3.8	69.13	213.21	215.5	187.44
Long-Term Debt/Capital (%)	-17.83	-81.63	-47.45	-4.65	-58.26	-98.65	-84.01	-79.09
Long-Term Debt/Total Assets (%)	12.34	18.79	11.42	2	27.42	40.12	40.09	39.35
Total Debt/Equity (%)	-20.31	-68.83	24.38	5.94	70.69	215.65	217.19	188.24
Total Debt/Capital (%)	-17.83	-81.63	-50.25	-7.27	-59.58	-99.78	-84.67	-79.42
Total Debt/Total Assets (%)	12.34	18.79	12.1	3.13	28.04	40.58	40.4	39.52
CFO/Total Liabilities	0.71	4.1	1.7	7.84	-32.9	11.71	1.18	2.64
CFO/CapEx	0.93	11.76	1.32	5.09	-92.97	87.14	6.04	17.34
Altman's Z-Score	-0.94	-0.62	3.22	2.34	0.33	0.38	-0.41	- -

Working Capital	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Accounts Receivable Turnover	- -	82.84	83.87	93.36	62.54	238.69	154.58	128.4
Days Sales Outstanding	- -	4.41	4.35	3.91	5.84	1.53	2.36	2.84
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	77.3	96.18	89.12	33.04	47.08	85.81	72.3
Accounts Payable Turnover Days	- -	4.72	3.8	4.1	11.05	7.75	4.25	5.05
Cash Conversion Cycle	- -	-0.32	0.56	-0.19	-5.21	-6.22	-1.89	-2.21
Inventory to Cash Days	- -	4.41	4.35	3.91	5.84	1.53	2.36	2.84
Inventories	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Market Capitalization	- -	- -	2,233	1,726	1,693	1,665	565	876
- Cash & Cash Equivalents	140	189	438	421	506	634	539	489
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	30	107	101	25	223	366	362	361
Enterprise Value	-109	-82	1,897	1,330	1,410	1,397	303	594
Total Capital	-170	-131	-201	-348	-374	-367	-427	-454
Total Debt/Capital (%)	-17.83	-81.63	-50.25	-7.27	-59.58	-99.78	-84.67	-79.42
Total Debt / EV	-0.28	-1.31	0.05	0.02	0.16	0.26	1.19	0.61
EV/Sales	- -	- -	6.5	4.07	13.3	7.46	1.16	1.82
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	101.62	40.39	- -	13.66	15.25	19.09
EV/Free Cash Flow to Firm	- -	- -	78.76	34.26	- -	13.53	14.23	18.44
Diluted Market Cap	- -	- -	1,070	1,650	1,632	1,614	560	868
Diluted Enterprise Value	-109	-82	733	1,255	1,349	1,346	383	739
EV per Share	- -	- -	24.2	15.52	15.22	14.36	3.06	5.87
TTM Sales	133	202	292	327	106	187	261	326
TTM EBITDA	-27	-14	-4	-46	-176	-49	-32	-27
TTM Operating Income	-35	-33	-39	-70	-198	-68	-47	-41
TTM Cash Flow to Firm	6	36	19	33	-133	102	20	31
TTM Free Cash Flow to Firm	9	39	24	39	-132	103	21	32

Multiples	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	-17.76	-24.73	-4.93	-13.11	-18.5	-32.6
Price/Earnings High	- -	- -	-21.41	-37.23	-8.67	-16.61	-31.08	-43.11
Price/Earnings Low	- -	- -	-14.72	-18.67	-2.33	-9.13	-9.41	-22.23
Price/Book Value	- -	- -	-7.38	-4.63	-2.83	-2.27	-0.72	-1.07
Price/Book Value Average	- -	- -	-7.85	-4.77	-1.92	-2.56	-1.31	-1.07
Price/Book Value High	- -	- -	-9.46	-7.18	-3.38	-3.25	-2.2	-1.41
Price/Book Value Low	- -	- -	-6.5	-3.6	-0.91	-1.79	-0.67	-0.73
Price/Tangible Book Value	- -	- -	12.09	8.37	17.12	-46.76	-19.01	216.04
Price/Tangible Book Value Average	- -	- -	12.86	8.63	11.62	-52.81	-34.75	214.93
Price/Tangible Book Value High	- -	- -	15.51	12.99	20.43	-66.92	-58.39	284.22
Price/Tangible Book Value Low	- -	- -	10.66	6.51	5.49	-36.79	-17.67	146.61
Price/Sales	- -	- -	3.67	5.05	15.4	8.63	2.15	2.66
Price/Sales Average	- -	- -	3.9	5.2	10.45	9.74	3.93	2.65
Price/Sales High	- -	- -	4.71	7.83	18.37	12.35	6.6	3.5
Price/Sales Low	- -	- -	3.23	3.93	4.94	6.79	2	1.81
Price/Cash Flow	- -	- -	149.38	55.09	-10.33	18.81	65.08	45.62
Price/Cash Flow Average	- -	- -	158.9	56.77	-7.01	21.24	118.98	45.38
Price/Cash Flow High	- -	- -	191.58	85.47	-12.33	26.92	199.92	60.02
Price/Cash Flow Low	- -	- -	131.67	42.86	-3.31	14.8	60.51	30.96
Price/Free Cash Flow	- -	- -	85.05	46.04	-10.45	18.6	55.84	43.13
Price/Free Cash Flow Average	- -	- -	90.47	47.45	-7.09	21	102.09	42.91
Price/Free Cash Flow High	- -	- -	109.07	71.43	-12.46	26.61	171.53	56.74
Price/Free Cash Flow Low	- -	- -	74.96	35.82	-3.35	14.63	51.92	29.27
EV/Sales	- -	- -	6.5	4.07	13.3	7.46	1.16	1.82
EV/Sales Average	- -	- -	6.99	4.23	8.17	8.62	3.28	2.28
EV/Sales High	- -	- -	8.67	6.98	16.39	11.3	5.97	3.14
EV/Sales Low	- -	- -	5.6	2.9	2.46	5.57	1.33	1.43
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	3.99	5.84	-501.31	-30.31	-4.93	-32.86	-26.85	-27.15
EV/EBITDA High	3.99	5.84	-621.42	-50	-9.89	-43.1	-48.9	-37.42
EV/EBITDA Low	3.99	5.84	-401.2	-20.75	-1.48	-21.24	-10.92	-17.03
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	3.12	2.45	-52.72	-19.77	-4.37	-23.79	-18.31	-18.07
EV/EBIT High	3.12	2.45	-65.35	-32.62	-8.76	-31.2	-33.35	-24.9
EV/EBIT Low	3.12	2.45	-42.19	-13.54	-1.31	-15.37	-7.45	-11.34
Last Price	- -	- -	28.5	20.13	18.27	17.12	5.7	8.65
High Price	- -	- -	36.55	31.23	21.8	24.5	17.51	11.38
Low Price	- -	- -	25.12	15.66	5.86	13.47	5.3	5.87
Enterprise Value	-109	-82	1,897	1,330	1,410	1,397	303	594
Enterprise Value Average	-109	-82	2,039	1,383	866	1,612	856	743
Enterprise Value High	-109	-82	2,527	2,282	1,737	2,115	1,559	1,024
Enterprise Value Low	-109	-82	1,632	947	260	1,042	348	466

Per Share Data Items	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Shares Outstanding	21	21	78	86	93	97	99	101
Diluted Weighted Avg Shares	21	21	38	82	89	94	98	100
Basic Weighted Avg Shares	21	21	38	82	89	94	98	100
Revenue per Share	6.27	9.47	7.77	3.99	1.19	1.98	2.65	3.25
EBITDA per Share	-1.29	-0.66	-0.11	-0.56	-1.97	-0.52	-0.32	-0.27
Operating Income per Share	-1.65	-1.57	-1.03	-0.85	-2.22	-0.72	-0.48	-0.41
Basic EPS, GAAP	-1.9	-1.81	-1.71	-0.84	-2.52	-1.47	-0.56	-0.26
Basic EPS from Cont Ops	-1.9	-1.81	-1.71	-0.84	-2.52	-1.47	-0.56	-0.26
Diluted EPS, GAAP	-1.9	-1.81	-1.71	-0.84	-2.52	-1.47	-0.56	-0.26
Diluted EPS from Cont Ops	-1.9	-1.81	-1.71	-0.84	-2.52	-1.47	-0.56	-0.26
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.13	1.4	0.19	0.37	-1.77	0.91	0.09	0.19
Free Cash Flow per Basic Share	-0.01	1.28	0.05	0.29	-1.79	0.9	0.07	0.18
Cash & Equivalents per Share	6.55	8.88	5.59	4.91	5.46	6.52	6.29	6.35
Book Value per Share	-9.4	-11.21	-3.86	-4.35	-6.45	-7.54	-7.96	-8.05
Tangible Book Value per Share	-7.54	-18.51	2.36	2.4	1.07	-0.37	-0.3	0.04

Eventbrite, Inc.

EB US

4.94