The ticketing and live entertainment services provider CTS Eventim saw growth during its first quarter of 2024, with its consolidated revenue growing to €408.7 million.

The Bremen-headquartered company brought-in €182.8 million during the first quarter of 2024 — marking a 23.3% increase from the same period during the previous year. Its Adjusted EBITDA (which includes earnings before interest and taxes) improved from €67.6 million to €92.2 million. The live entertainment segment increased its revenue by 4.8%, boosting totals to €234.4 million.

Over the past year, CTS Eventim has worked to ensure success at the company; it was appointed as the official ticketing service provider for the Summer Olympics and Paralympics in Los Angeles in 2028. Additionally, Chile’s Punto Ticket and Peru’s Teleticket — which were acquired by CTS Eventim in November of 2023 — were consolidated for a full quarter for the first time.

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While CTS Eventim also made headlines for its purchase of Vivendi’s See Tickets earlier this year, it has not been included in the quarterly figures.

CTS Eventim chief executive Klaus-Peter Schulenberg said that the company “achieved sustained dynamic growth in its operating business in Q1, and had remarkable success in winning a number of substantial tenders for major sporting events.”

“These will create positive momentum for the company’s development over the medium and long term,” Schulenberg said in a statement. “The ticketing for the 2028 Olympic and Paralympic Summer Games in Los Angeles will give an extra boost to our already successful entry into the North American market.”