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, payments, access control, analytics, and post-event insights.

• Employs a dual business model: full operations in Chile (end-to-end ticketing and event services) and white-label SaaS licensing in 10 additional countries.

• Platform is built in-house, with no reliance on third-party core infrastructure, and supports high concurrency, multi-currency payments, and real-time analytics.

• Serves over 2,800 promoters, venues, and partners, processing more than 10.2 million tickets across 39,800+ events in FY2025.

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

Financial performance and metrics

• FY2025 gross merchandise volume (GMV) reached $268.9M, up 40.6% year-over-year; net revenue was $29.5M, up 64.2%.

• Net profit for FY2025 was $2.24M, a 141.1% increase from the prior year; EBITDA margin for Q1 2026 was 44.6%.

• Full operation model accounted for 94.3% of total revenue in FY2025, with a take rate averaging 17.3% of GMV.

• White-label SaaS model take rate averaged 1.63% of GMV and 5.7% of total revenue.

• As of December 31, 2025, cash and cash equivalents were $3.98M; outstanding bank loans totaled $13.2M.

Use of proceeds and capital allocation

• 25% of net proceeds allocated to platform development and maintenance.

• 40% allocated to international expansion and strategic acquisitions, with a focus on acquiring white-label partners.

• 20% for sales and marketing initiatives to accelerate customer acquisition and market presence.

• 15% for working capital and general corporate purposes.