Cts Eventim AG & Co KgaA
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Gross Margin
Cts Eventim AG & Co KgaA
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | DE |
Market Cap | 7.9B EUR |
Gross Margin |
26%
|
Country | US |
Market Cap | 390.3B USD |
Gross Margin |
45%
|
Country | US |
Market Cap | 206B USD |
Gross Margin |
36%
|
Country | LU |
Market Cap | 92.7B USD |
Gross Margin |
29%
|
Country | NL |
Market Cap | 44.9B EUR |
Gross Margin |
43%
|
Country | US |
Market Cap | 30.6B USD |
Gross Margin |
25%
|
Country | US |
Market Cap | 25.6B USD |
Gross Margin |
42%
|
Country | US |
Market Cap | 24.4B USD |
Gross Margin |
0%
|
Country | CN |
Market Cap | 19.8B USD |
Gross Margin |
41%
|
Country | FR |
Market Cap | 16.5B EUR |
Gross Margin |
32%
|
Country | US |
Market Cap | 16B USD |
Gross Margin |
48%
|
Cts Eventim AG & Co KgaA
Glance View
Cts Eventim AG & Co KGaA, a stalwart in the live entertainment industry, has carved a niche as one of the leading global players in the ticketing and live events arena. Originating in Germany, this company has skillfully maneuvered through the dynamic landscape of live entertainment, leveraging technology to captivate audiences worldwide. At its core, CTS Eventim operates within two primary segments: Ticketing and Live Entertainment. The Ticketing segment, the linchpin of its business model, involves selling tickets for concerts, sports events, and theaters, primarily through its robust online platforms complemented by physical box offices and call centers. By optimizing online sales channels, CTS Eventim maximizes revenue streams, tapping into the growing consumer preference for digital ticket purchases. Their advanced ticketing systems and proprietary software ensure seamless transactions, offering a user-friendly experience that keeps audiences returning. Simultaneously, the Live Entertainment segment orchestrates a slew of events, including major music festivals and top-tier concerts, often overseeing the entire production process from artist bookings to event marketing. This vertically integrated approach not only generates revenue through ticket sales but also through associated streams such as merchandising, sponsorships, and concessions. By producing and promoting its events and leveraging its expansive distribution network, CTS Eventim maintains a resilient grip on the market, persistently exploring avenues for growth through acquisitions and strategic partnerships. This dual focus on ticketing and event promotion, underscored by continuous technological innovation, has cemented CTS Eventim’s reputation as a key architect in the realm of live entertainment, adeptly capitalizing on the ever-present human craving for extraordinary experiences.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Cts Eventim AG & Co KgaA's most recent financial statements, the company has Gross Margin of 26.3%.