Is Vivid Seats Inc. (SEAT) Halal?

NASDAQ Communication Services United States $59M
✗ NOT HALAL
Confidence: 90/100
Vivid Seats Inc. (SEAT) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 390.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Vivid Seats Inc. operates in the Communication Services sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 390.0%
/ 30%
233.0%
/ 30%
46.2%
/ 30%
0.47%
/ 5%
✗ NOT HALAL
DJIM 390.0%
/ 33%
233.0%
/ 33%
46.2%
/ 33%
0.47%
/ 5%
✗ NOT HALAL
MSCI 24.9%
/ 33%
14.9%
/ 33%
3.0%
/ 33%
0.47%
/ 5%
✓ HALAL
S&P 390.0%
/ 33%
233.0%
/ 33%
46.2%
/ 33%
0.47%
/ 5%
✗ NOT HALAL
FTSE 24.9%
/ 33%
14.9%
/ 33%
3.0%
/ 50%
0.47%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-69.20
P/B Ratio
-0.7
EV/EBITDA
-51.0
EV: $363M
Revenue
$571M
Growth: -36.5%
Beta
1.0
Average volatility
Current Ratio
0.6

Profitability

Gross Margin 69.6%
Operating Margin -14.2%
Net Margin -75.2%
Return on Equity (ROE) -272.8%
Return on Assets (ROA) -3.1%

Cash Flow & Balance Sheet

Operating Cash Flow-$92M
Free Cash Flow-$111M
Total Debt$404M
Current Ratio0.6
Total Assets$637M

Price & Trading

Last Close$5.69
50-Day MA$6.45
200-Day MA$14.93
Avg Volume126K
Beta1.0
52-Week Range
$5.06
$61.20

About Vivid Seats Inc. (SEAT)

CEO
Mr. Lawrence C. Fey IV
Employees
557
Sector
Communication Services
Industry
Internet Content & Information
Country
United States
Exchange
NASDAQ
Market Cap
$59M
Currency
USD

Vivid Seats Inc. operates as an online ticket marketplace in the United States, Canada, and Japan. It operates in two segments, Marketplace and Resale. The Marketplace segment acts as an intermediary between event ticket buyers and sellers through its website and mobile applications, including Vivid Seats; Vegas.com, an online ticket marketplace for shows, attractions, tours, flights, and hotels in Las Vegas; Wavedash, an online ticket marketplace in Tokyo, Japan; and Vivid Picks, a real-money daily fantasy sports mobile application with social and gamification features. This segment also offers Skybox, a proprietary enterprise resource planning tool that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces; and sells tickets for sports, concerts, theater events, and other live events. The Resale segment acquires tickets to resell on secondary ticket marketplaces; and provides internal research and development support for Skybox and to deliver seller software and tools. The company was founded in 2001 and is headquartered in Chicago, Illinois.

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Frequently Asked Questions

Is Vivid Seats Inc. (SEAT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Vivid Seats Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Vivid Seats Inc.'s debt ratio?

Vivid Seats Inc.'s debt ratio is 390.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 24.9%.

What are Vivid Seats Inc.'s key financial metrics?

Vivid Seats Inc. has a market capitalization of $59M, and revenue of $571M. The company maintains a gross margin of 69.6% and a net margin of -75.2%. Return on equity stands at -272.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.