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 operations in Chile (end-to-end ticketing and services) and a white-label SaaS model (licensing technology to regional partners in 10 other countries).

• 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 expansion.

• Pursues capital-light growth via white-label partnerships and selective full-operation deployments.

Financial performance and metrics

• Revenue grew 64% year-over-year to $29.5M in 2025, with GMV up 40.6% to $268.9M.

• Net profit increased 141% to $2.24M in 2025; EBITDA margin expanded to 44.6% in 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%.

• Cash and cash equivalents were $4.0M at year-end 2025; outstanding bank loans totaled $13.2M.

• High promoter and venue retention rates (>95%) and strong Net Promoter Scores (+58 buyers, +59 promoters).

Use of proceeds and capital allocation

• Plans to use IPO net proceeds (~$22.3M) for platform development (25%), international expansion and acquisitions (40%), sales and marketing (20%), and working capital/general purposes (15%).

• No specific acquisition targets identified as of filing; M&A strategy focuses on acquiring existing white-label partners.