StubHub is giving a powerful indication that its IPO is again on once more. It filed a public S-1 in late March, then paused in April after the Trump administration’s tariffs spooked Wall Road. On Monday, it filed an up to date S-1 that now contains Q1 2025 outcomes.
IPO consultants Renaissance Capital estimated in March that the IPO may elevate $1 billion, and says this recent S-1 may imply a debut subsequent month. StubHub declined to touch upon its IPO plans, citing its quiet interval.
In 2024, it generated practically $1.8 billion in income and recorded a internet lack of $2.8 million. Its largest shareholder is Madrone Companions (27.1%), adopted by WestCap Administration (10.8%) and Bessemer (9.6%). Founder CEO Eric Baker holds solely 5.2% of the Class A shares, however he holds all the super-voting rights Class B shares (4.95 million), which places him in management with 90% of the vote.