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Ticketplus Ltd. (TP) Stock News

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Ticketplus (TP) launched its platform in Brazil, reaching its full-year 2026 target of at least 12 active markets ahead of year-end. The company now operates in all six of Latin America's largest economies: Brazil, Mexico, Argentina, Colombia, Chile and Peru.

Brazilian promoters, venues and ticketing operators can use the platform under their own brands while retaining direct audience relationships. The platform supports Portuguese, cards and Pix payments, with Brazilian invoicing and consumer protection requirements integrated. During the first nine months of 2026, sales processed for white-label partners more than tripled year over year and represented 57.7% of Total Platform Sales, or GMV.

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Ticketplus (NYSE American: TP) reported third-quarter 2026 revenue of $14.4 million, up 90.3% year over year, and introduced full-year guidance. Net profit reached $1.6 million, or $0.14 per share, versus $0.2 million, or $0.02 per share, a year earlier. Results included a $1.2 million one-time, non-cash expense for shares issued for services upon completion of its IPO. Gross margin rose 590 basis points to 49.0%.

The company expects 2026 revenue of $51 million to $53 million and total platform sales, or GMV, of $625 million to $650 million. Quarterly GMV rose 144.8% to approximately $177.5 million. Nine-month revenue reached $37.3 million and net profit $5.7 million, both exceeding full-year 2025 totals. Cash was $17.0 million at September 30, above approximately $13.0 million in bank borrowings. Ticketplus also completed its IPO and acquired Argentine ticketing company Autoentrada during the quarter.

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Ticketplus (TP) will report third-quarter 2026 financial results before the market opens on October 28, 2026, and provide its full-year outlook.

CEO Chien-Fu Chen and CFO Joaquín Jadue will review the results and outlook during a conference call and webcast at 11:00 a.m. ET that day. The third quarter included completion of the company's initial public offering.

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Ticketplus (TP) engaged Fernando Massú Taré as lead strategic advisor to support its Latin American expansion roadmap and corporate governance. Massú, chairman of Banco BTG Pactual Chile and former CEO of CorpBanca, serves in his individual capacity. He will work with Ticketplus's chairman, CEO and board on market entry, potential acquisitions, partnerships and capital allocation.

The appointment follows the acquisition of Autoentrada in Argentina, Ticketplus's first acquisition as a public company. The deal converted a seven-year white-label partner into a wholly owned, full-service operation. Ticketplus plans to deepen its presence across its 11 existing countries, enter new markets through its white-label software model, enhance payments and other platform capabilities, and build partnerships. It intends to pursue acquisitions selectively and anticipates expanding its team to support these efforts.

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Ticketplus (TP) completed its first acquisition since its August 2026 IPO by buying Argentine ticketing company Autoentrada S.A., converting a long‑standing white‑label partnership into full operations in Argentina.

Autoentrada, based in Córdoba, has operated in Argentina since 1999 and has used the Ticketplus platform under a white‑label model since 2019. The deal gives Ticketplus direct relationships with local promoters and greater control over sales, payments, access and analytics, and expands its own brand presence beyond Chile into Argentina, its second full‑operation market alongside nine other countries served via white‑label partners.

Autoentrada operates in 18 Argentine provinces, has managed more than 55,000 events and issued over 18 million tickets. Founder Eric López becomes Country Manager for Argentina, leading the local team. Ticketplus acquired all issued and outstanding shares of Autoentrada and does not expect a material impact on its consolidated 2026 financial results; financial terms were not disclosed.

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Ticketplus (NYSE American: TP) reported strong results for the six months ended June 30, 2026, with revenue up 68% year-over-year to $22.8 million and second-quarter revenue growth accelerating to 81% year-over-year. Total platform sales (GMV) rose approximately 124% to $280.3 million, already surpassing full-year 2025 GMV of $268.9 million.

Gross profit margin expanded from 38.7% to 49.0%. Net profit increased 151% to $4.1 million, lifting net margin to 18.0%. EBITDA grew about 109% to $9.6 million, with a 42.1% margin. Cash flow from operations increased 30% to $8.2 million. As of June 30, 2026, cash and cash equivalents were $3.8 million, excluding approximately $15.5 million of net proceeds from Ticketplus’ August 10, 2026 initial public offering on NYSE American.

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Ticketplus (NYSE American: TP) announced the closing of its initial public offering of 1,875,000 ordinary shares at $8.00 per share, generating $15 million in gross proceeds before underwriting discounts, commissions and other offering expenses. The company also granted underwriters a 45-day option to purchase up to 281,250 additional shares at the IPO price, less underwriting discounts and commissions.

Ticketplus’ ordinary shares began trading on NYSE American on August 7, 2026 under the ticker “TP”. Roth Capital Partners, Bancroft Capital and MDB Capital served as joint book-running managers for the offering.

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Ticketplus (NYSE American: TP) priced its initial public offering at $8.00 per share, issuing 1,875,000 ordinary shares for expected gross proceeds of $15 million before fees. The company granted underwriters a 45‑day option to buy up to 281,250 additional shares at the IPO price, less discounts and commissions.

Ticketplus’ ordinary shares are expected to begin trading on NYSE American on August 7, 2026, under the symbol “TP,” with closing anticipated on or about August 10, 2026, subject to customary conditions. Roth Capital Partners, Bancroft Capital and MDB Capital are joint book‑running managers.

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FAQ

What is the current stock price of Ticketplus (TP)?

Ticketplus (TP) last closed at $8.32.

What is the market cap of Ticketplus (TP)?

The market cap of Ticketplus (TP) is approximately $106.4M.