Vivid Seats Inc. (NASDAQ:SEAT) Q4 2022 Earnings Call Transcript

Stan Chia: Yes. Yes, I think that just hones in the point, right. I think when you look at, I think, what we’ve invested in and what we’ve built and the decisions that we’ve made, I think, what we’ve really have is a long term sustainable model with really great unit economics, investments that, I think, we believe will get a lot of leverage on in the long term, whether that’s our repeat rates in our loyalty program, whether that’s engagement in Vivid Pix, or even more recently, I would say, truly long-term economically, sustainable brand channels, right? So I think when we look at it we’ve certainly been conservative as we look at the guidance for 2023 in terms of, I think, as Larry said, the best way to look at it is, look, there’s a lot of chatter around that, we want to make sure we’ve accounted for those scenarios.

But in a world where any of that happens, I think, we continue to have the strongest balance sheet probably out there of all the pure secondary marketplaces along with strong unit economics and strong key indicators for sustained growth and sustained profitability. And I think that ultimately is what has us excited about continuing to win in the long term.

Operator: Thank you. And I am showing no further questions in the queue at this time. Ladies and gentlemen, thank you for participating in today’s conference. This does concludes your program. And you may now disconnect. Everyone have a great day.