StubHub files for IPO, revenue up, small loss in 2024 compared to profit in 2023.

From Yahoo Finance: 2025-03-21 18:11:00

Ticket selling platform StubHub Holdings Inc. filed for an IPO, revealing a revenue increase and a small loss for 2024. The company reported a $2.8 million loss on $1.77 billion in revenue, compared to a $405 million profit on $1.37 billion in revenue in 2023. Adjusted EBITDA for 2024 was $299 million. CEO Eric Baker owns majority voting power. Madrone Partners LP holds a 27% stake. The offering is led by JPMorgan Chase & Co. and Goldman Sachs Group Inc. StubHub operates in over 200 countries. Shares will trade on NYSE under symbol STUB.



Read more at Yahoo Finance: Ticket Platform StubHub Files for IPO Showing Revenue Gain