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 (end-to-end ticketing and event services) in Chile and white-label SaaS (technology licensing) in 10 other countries.

• Platform is built in-house, cloud-native, and designed for high concurrency, supporting both small and large events.

• Focuses on capital-efficient expansion, leveraging white-label partnerships for rapid market entry and data-driven M&A opportunities.

• Serves over 2,800 promoters and venues, processed 10.2 million tickets across 39,800 events in 2025.

Financial performance and metrics

• Revenue grew 64% year-over-year to $29.5M in 2025, with gross profit of $12.5M and net profit of $2.2M.

• Full operation model accounted for 94.3% of 2025 revenue; white-label SaaS contributed 5.7%.

• Gross merchandise value (GMV) reached $268.9M in 2025, up 40.6% from 2024.

• EBITDA margin expanded to 44.6% in Q1 2026, up from 33.8% in Q1 2025.

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

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, 15% for working capital.

• No current acquisition agreements, but M&A strategy targets existing white-label partners for low-risk integration.