EB

Eventbrite Inc

Halal Rating :
Comfortable
Last Price $3.4
Market Cap $337.15m
1D Change

0.0 %

1 Year Change

-58.84 %

Next Earnings Date

Yet to be announced

Company Overview

Eventbrite is a global self-service ticketing and experience technology platform that serves event creators and event goers. The company provides event management and ticketing technology through its platform, allowing organizers to plan, promote, and sell tickets to events while enabling consumers to find and attend events.

Revenue Sources

Pass

After analyzing Eventbrite's business model and revenue sources, the company primarily generates revenue from ticketing fees and service charges related to event management. These services involve facilitating legitimate event transactions where real value is exchanged between event organizers and attendees. The company does not derive significant revenue from gambling, alcohol, or other haram sources.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $77.8m $88.84m - $2.08m 0.00% 2.35%
June 30, 2024 $84.55m $93.81m - $2.81m 0.00% 2.99%
March 31, 2024 $86.25m $96.62m - $2.8m 0.00% 2.90%
Dec. 31, 2023 $87.76m $99.65m - $2.83m 0.00% 2.84%

Based on the financial data from the last four quarters: The company's interest expenses relative to total expenses ranged from 2.1% to 2.9% across all quarters analyzed. This level of interest expense is below the 5% threshold that would indicate material reliance on interest-bearing debt.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company operates globally but maintains standard business operations without notable controversial partnerships.

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