Roughly half of CTS Eventim's 2021 revenues came from government COVID-19-related economic aid amid the touring industry shutdown.
the Big Apple Circus, which helped bring in 47.8 million euros in revenue in the U.S. during the year. CTS Eventim launched Eventim Live Asia in 2021, with a business headquartered in Singapore that will focus on Asian markets. It also acquired a majority stake in software and hardware developer simply-X and two German ticketing companies, Kölnticket and Bonnticket. It will debut a new arena in Milan, Italy in 2025 in time for the 2026 Winter Olympic Games.
The company is cautious about its future, however. Despite the widespread availability of vaccines and loosening health policies, “it remains unclear to what extent live events will be permitted by the authorities in the future, and above all when major events can once again be held profitably,” the annual report reads. Germany, where CTS Eventim received over 46% of its 2021 revenue, is currently experiencing record numbers of daily COVID-19 infections.
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