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Close of 30 Oct 2026, in USD
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About Tix
Its shares trade under the ticker TIXC. It has been listed since 27 September 1994. In the fiscal year to 31 December 2019, it reported revenue of $12.7m and a net loss of $3.0m. At that date it held total assets of $6.2m and shareholders' equity of $2.2m.
Tix Corp. is an entertainment company, which engages in the provision of discount ticketing, discount dining and shopping products. The company is headquartered in Studio City, California. The firm is engaged in providing discount ticketing and discount dinner reservations through its subsidiary, Tix4Tonight, LLC (Tix4Tonight). Tix4Tonight offers for sale discount show and discount dinner reservations. When selling last minute discounted tickets, Tix4Tonight sells them under short-term, exclusive and non-exclusive agreements with Las Vegas shows, and various attractions and tours running at any one time. The shows are paid on a weekly basis only for the tickets that Tix4Tonight actually sells to customers. Tix4Tonight has sold over 13 million discount tickets in Las Vegas. The firm's Las Vegas discounted dinners business offers reservations for discounted dinners at various restaurants surrounding the Las Vegas Strip and downtown with dining at specific times on the same day or in some cases the day after the sale.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Entertainment
- Listed since
- 27 Sept 1994
- Employees
- 134
- Website
- tixcorp.com ↗
Leadership
Pay as last reported
- Mr. Mitch FrancisChairman of the Board, President, Chief Executive Officer, since 1993$714,000
- Ms. Kimberly SimonChief Operating Officer$327,000
- Mr. Mesfin EyobDirector
- Mr. Barry FieldmanDirector
- Mr. Jordan FiksenbaumDirector
- Mr. Gopal PatelDirector
- Mr. Steve HandyIR Contact Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Tix Corp has several key strengths that contribute to its success in the market. Firstly, the company benefits from a strong and experienced management team with extensive industry knowledge. This enables them to make strategic decisions and respond effectively to market changes. Secondly, Tix Corp has built a solid reputation for delivering high-quality products and services, which has resulted in a loyal customer base. Thirdly, the company has developed strong partnerships with various ticket vendors and venues, allowing them to offer a wide range of entertainment options to customers.
Weaknesses
- Despite its strengths, Tix Corp also faces certain weaknesses that need to be addressed. One major weakness is its limited geographical presence, as the company currently operates in a few select regions. This inhibits its growth potential and expansion into new markets. Additionally, Tix Corp heavily relies on its online platform for ticket sales, which poses a vulnerability to potential cyber threats or technological disruptions. Lastly, the company may also face challenges in staying up-to-date with evolving customer preferences and technologies, requiring continuous innovation and adaptability.
Opportunities
- The market presents several opportunities that Tix Corp can leverage to its advantage. Firstly, there is a growing demand for live entertainment experiences, and the company can capitalize on this trend by expanding its offerings and attracting a wider customer base. Secondly, Tix Corp can explore strategic partnerships and acquisitions to enhance its market presence and reach. This could involve collaborating with event organizers or integrating with other platforms to offer a seamless ticketing experience. Lastly, the company can invest in research and development to stay ahead of emerging technologies and offer innovative solutions to its customers.
Threats
- Tix Corp faces certain threats that may impact its operations and market position. One significant threat is the intense competition in the ticketing industry, with numerous established players and new entrants vying for market share. This puts pressure on Tix Corp to differentiate itself and maintain competitive pricing strategies. Additionally, economic downturns or changes in consumer spending patterns can also affect the demand for entertainment events, which may impact the company's revenue. Lastly, changes in government regulations or legal challenges related to ticketing practices can pose compliance risks for Tix Corp.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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