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Vivid Seats Inc.
CIK 0001856031 ยท EDGAR โ†—
cleanelevatedtriggeredno dataplanned
87.9
composite ยท 3 signals ยท TRIGGERED

Every card below shows the score and the exact filing data it was computed from โ€” no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded โ€” never a guess.

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Signals

P-01 ยท FY 2025-12-31 ยท TRIGGERED100.0

Earnings quality

Beneish M-Score 3.31 exceeds the -1.78 manipulation threshold
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "m_score": 3.312,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.913,
    "GMI": 1,
    "AQI": 0.896,
    "SGI": 0.695,
    "DEPI": 0.789,
    "SGAI": 1,
    "LVGI": 2.176,
    "TATA": 1.409
  },
  "defaulted_to_neutral": [
    "GMI",
    "SGAI"
  ],
  "sloan_accruals": 0.7899,
  "inputs": {
    "revenue_t": 450509000,
    "revenue_t1": 647891000,
    "total_assets_t": 636866000,
    "net_income_t": 806054000,
    "cfo_t": -91599000
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1856031/000119312526103023/0001193125-26-103023-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-05 ยท FY 2024-12-31 ยท CLEAN100.0

Tax arbitrage

ETR 37.0% โ€” within normal range of statutory
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "etr_by_year": {
    "2024-12-31": 0.3705,
    "2023-12-31": -0.5948
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2024-12-31": -0.1605,
    "2023-12-31": 0.8048
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1856031/000119312526103023/0001193125-26-103023-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}
P-12 ยท FY 2025-12-31 ยท CLEAN9.0

Restatement predictor

F-Score 0.27 โ€” at or below the population base rate
trend: flat
Trend
Source: 10-K on SEC.gov (filed 2026-03-12) โ†—
Evidence โ€” inputs and thresholds
{
  "f_score": 0.27,
  "probability": 0.001,
  "components": {
    "rsst": 0.7899,
    "drec": -0.0155,
    "dinv": -0.0013,
    "soft": 0.8193,
    "dcs": -0.2774,
    "droa": 1.2575,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2025-12-31",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1856031/000119312526103023/0001193125-26-103023-index.htm",
    "form": "10-K",
    "filed": "2026-03-12"
  }
}