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Eventbrite (Eventbrite) Cost of Goods Sold : $103.1 Mil (TTM As of Dec. 2023)


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What is Eventbrite Cost of Goods Sold?

Eventbrite's cost of goods sold for the three months ended in Dec. 2023 was $26.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $103.1 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Eventbrite's Gross Margin % for the three months ended in Dec. 2023 was 70.07%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Eventbrite Cost of Goods Sold Historical Data

The historical data trend for Eventbrite's Cost of Goods Sold can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eventbrite Cost of Goods Sold Chart

Eventbrite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 129.14 62.33 70.29 90.75 103.13

Eventbrite Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.28 26.40 24.60 25.87 26.27

Eventbrite Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $103.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eventbrite  (NYSE:EB) Cost of Goods Sold Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Eventbrite's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(87.764 - 26.265) / 87.764
=70.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Eventbrite's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Eventbrite Cost of Goods Sold Related Terms

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Eventbrite (Eventbrite) Business Description

Traded in Other Exchanges
Address
535 Mission Street, 8th Floor, San Francisco, CA, USA, 94105
Eventbrite Inc is a United States based self-service ticketing and experience technology platform that serves event creators. It is engaged in creating a platform to enable creators to solve many challenges associated with creating live experiences. The Company's platform integrates components needed to seamlessly plan, promote and produce live events. Its platform helps to plan, promote and produce live events, thereby allowing creators to reduce friction and costs, increase reach and drive ticket sales. Geographically, it generates maximum revenue from the United States.
Executives
Charles Baker officer: Chief Financial Officer C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Vivek Sagi officer: Chief Technology Officer C/O EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Pilar Manchon director C/O EVENTBRITE, INC., 95 THIRD STREET, 2ND FLOOR, SAN FRANCISCO CA 94103
Julia D. Taylor officer: General Counsel C/O EVENTBRITE, INC., 535 MISSION STREET, 8TH FLOOR, SAN FRANCISCO CA 94105
Ted Dworkin officer: Chief Product Officer C/O EVENTBRITE, INC., 535 MISSION STREET, 8TH FLOOR, SAN FRANCISCO CA 94105
April Underwood director C/O ZILLOW GROUP, INC., 1301 2ND AVE, FLOOR 31, SEATTLE WA 98101
Sequoia Grove Ii, Llc 10 percent owner SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Manager, Llc 10 percent owner SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Xiaojing Fan officer: Chief Accounting Officer, other: Chief Accounting Officer C/O EVENTBRITE, INC., 155 5TH ST., 7TH FL., SAN FRANCISCO CA 94103
Naomi Wheeless director C/O EVENTBRITE, INC., 155 5TH ST., 7TH FL., SAN FRANCISCO CA 94103
Samantha Harnett officer: See Remarks 1836 CLEMENS ROAD, OAKLAND CA 94602
Patrick David Poels officer: SVP of Platform EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Sequoia Capital U.s. Venture 2010-seed Fund, L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Andrew Dreskin director EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103
Omer Cohen officer: Chief People Officer EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103