Ticketplus (TP) Registration filing summary

Company overview and business model

• Operates a proprietary, full-stack event platform for live entertainment across Latin America, integrating ticketing, access control, payments, analytics, and post-event insights.

• Employs a dual business model: full operation in Chile (end-to-end services) and white-label SaaS in 10 other countries, licensing technology to local partners.

• Platform is cloud-native, modular, and built in-house, supporting both digital and physical event infrastructure.

• Focuses on fragmented Latin American markets, leveraging local expertise and flexible commercial models for rapid, capital-efficient expansion.

• Pursues international expansion, targeting new markets such as Brazil, Canada, Portugal, and Spain over the next 24 months.

Financial performance and metrics

• Revenue grew 64% year-over-year to $29.5M in 2025, with net profit up 141% to $2.24M.

• Gross profit margin increased from 38.0% to 52.1% for Q1 2026, reflecting operating leverage.

• EBITDA margin expanded from 33.8% to 44.6% for Q1 2026.

• Full operation model accounted for 94.3% of 2025 revenue, with a take rate of 17.3% of GMV; white-label SaaS take rate averaged 1.63%.

• As of December 31, 2025: $3.98M in cash, $24.99M in total liabilities, and $5.65M in shareholders’ equity.

Use of proceeds and capital allocation

• Plans to use IPO proceeds: 25% for platform development, 40% for international expansion and acquisitions, 20% for sales/marketing, and 15% for working capital.

• No current agreements for acquisitions, but M&A is a key growth strategy, focusing on existing white-label partners.