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Eventbrite (Eventbrite) Preferred Stock : $0.0 Mil (As of Mar. 2024)


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What is Eventbrite Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Eventbrite's preferred stock for the quarter that ended in Mar. 2024 was $0.0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Eventbrite's Enterprise Value for the quarter that ended in Mar. 2024 was $210.2 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Eventbrite's Book Value per Share for the quarter that ended in Mar. 2024 was $1.86.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Eventbrite's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $-0.05.


Eventbrite Preferred Stock Historical Data

The historical data trend for Eventbrite's Preferred Stock 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.

* Premium members only.

Eventbrite Preferred Stock Chart

Eventbrite Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Preferred Stock
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Eventbrite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Eventbrite Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Eventbrite  (NYSE:EB) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Eventbrite's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Eventbrite's Book Value per Share for the quarter that ended in Mar. 2024 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Eventbrite's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2024 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.


Eventbrite Preferred Stock 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

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