Cheche Group vs Vivid Seats
Cheche Group and Vivid Seats are similar in size: $419m and $451m of revenue in their latest fiscal years. Cheche Group grew faster (-13.2% against -30.5%). Vivid Seats kept more of each dollar of sales as profit: a net margin of 178.9% against -0.6%.
| Latest fiscal year | Cheche GroupCCG, 2025 | Vivid SeatsSEAT, 2025 |
|---|---|---|
| Revenue | $419m | $451m |
| Revenue growth | -13.2% | -30.5% |
| Net income | −$2.5m | $806m |
| Operating margin | -0.7% | — |
| Net margin | -0.6% | 178.9% |
| Return on equity | -5.0% | — |
| Free cash flow | −$5.7m | −$93.8m |
| Cash | $20.7m | $103m |
| Total debt | $14.3m | $390m |
| Debt to equity | 28.2% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $18.3m |
| Employees | — | 565 |
| Market value | $651m | $30.0m |
| Price vs our value range | — | — |
| Moat score | — | 6 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 9 sales |