How did Vivid Seats' revenue and expenses trend in Q4 2024?

Vivid Seats' revenue for Q4 2024 was $199.81 million, with a gross margin of 73.97%. The company's R&D expenses were not provided, but the Selling, General, and Administrative (SG&A) expenses were $144.43 million. This indicates a strong revenue performance with healthy profit margins, but significant investments in SG&A suggest a focus on growth or operational efficiency initiatives. |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Gross Profit|Total Revenue|Advertising and Marketing Expenses|market_code| |---|---|---|---|---|---|---|---|---|---| |SEAT|SEAT.O|Vivid Seats|2024 Q1|1.20594E8||1.41269E8|1.90852E8||185| |SEAT|SEAT.O|Vivid Seats|2024 Q2|1.41669E8||1.49551E8|1.98316E8||185| |SEAT|SEAT.O|Vivid Seats|2024 Q3|1.2481E8||1.35576E8|1.86605E8||185| |SEAT|SEAT.O|Vivid Seats|2024 Q4|1.44433E8||1.47336E8|1.99813E8||185|