Browsing: Kustom

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Transformational Acquisition is Expected to Combine Kustom’s Music Festival Platform with Ticketing & Distribution Engine; Expected to be Immediately Accretive to Revenue, Earnings and Adjusted EBITDA

Kustom Entertainment delivered a strong operational turnaround signal in Q2, with per-share losses plummeting 91.74% to $5.49 from $66.46 YoY. Concurrently, the company achieved an 88.22% surge in sales, reaching $5.381 million from $2.859 million. The disproportionate improvement in earnings per share relative to revenue growth highlights significant margin expansion or cost control benefits during…

Completes strategic transformation into a pure-play live entertainment and ticketing technology company; Secures $1.25M upfront cash, $4.25M secured promissory note, and $600,000 in 12% yielding Preferred Equity.

Completes strategic transformation into a pure-play live entertainment and ticketing technology company; Secures $1.25M upfront cash, $4.25M secured promissory note, and $600,000 in 12% yielding Preferred Equity.

Shares of the Kansas-based live event production and ticketing technology company jumped 53.39% to $1.81 after the bell on Thursday.