$STUB Earnings Aug 12: Everyone Hates StubHub… That’s Usually When Things Get Interesting 🚀

StubHub stock is down \\\~60%+ from IPO highs because everyone thinks it’s becoming the villain of the FIFA World Cup ticket disaster.

Lawsuits. Regulators. Angry fans. Bad PR everywhere.

But here's the thing:

The biggest sporting event on Earth just happened, and StubHub was sitting in the middle of the ticket resale money machine collecting fees.

Market is pricing the scandal. I think it’s ignoring the revenue.

Earnings: August 12.

Here’s what nobody wants to talk about:

FIFA was basically a perfect storm for StubHub’s business model.

They are a marketplace collecting transaction fees.

They make money when:

✅ Tickets get bought
✅ Tickets get resold
✅ Prices go higher
✅ Demand goes crazy

And during the World Cup:

🌎 Global demand exploded
🎟️ Ticket prices went insane
🔥 Last-minute buyers flooded the market
💰 Sellers flipped tickets multiple times

The headlines were ugly.

The revenue opportunity was not.

Everyone was staring at the car crash. Nobody was watching the toll booth.

📊 The Company Was Improving Before The World Cup

Before the FIFA madness:

Revenue: $446M (+12% YoY)
GMS: $2.2B (+7%)
EBITDA margins expanding
Full-year GMS guidance: $9.9B-$10.1B

🎯 Aug 12 Earnings = The Moment Of Truth

Things I'm watching:

🔥 Did FIFA drive record transaction volume?
🔥 Did fees explode with higher ticket prices?
🔥 Did margins hold?
🔥 Does management raise guidance?
🔥 Do they calm the legal/regulatory fears?

If they print a monster quarter while everyone is positioned bearish, this thing could rip.

A hated stock + earnings beat + raised guidance = 🚀

\*Not financial advice. I am probably wrong. Do your own DD. Don’t YOLO rent money into a company being sued by half the internet.\*