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Lesson 12 of 20

Event Profit & Loss — what one show made

Venue Admin

The Profit & Loss page answers one question for one show: what did it bring in, what did the artist cost, and what was left.

Getting there

  1. Open the event from Manage Events.

  2. In the Money card, click Profit & Loss.

The link is for a single performance. On a series that has no performance selected it is greyed out.

Venue admins can open this page. Box-office staff cannot.

Bottom line

The first card sums the show up in four figures:

FigureWhat it is
RevenueTicketing take-home plus Bar revenue (gross)
CostsThe Artist payout from the deal linked to this event
Gross marginRevenue minus Costs — green when positive, red when negative
Bar / attendeeBar revenue divided by tickets sold

Under the figures, a line shows seats sold against capacity, and — when the show had tickets imported from a previous ticketing system — what those sold for. Imported money is shown for reference and is not in Revenue or Gross margin.

Two badges can appear at the top right: No POS connected (so there is no bar revenue to show) and No artist deal linked (so the artist payout is $0).

This is not a full profit and loss statement. It leaves out staff, rent, production, marketing and cost of goods — Noctern has no record of those. There is nowhere on this page to enter them.

Ticketing

RowWhat it shows
Gross ticket revenueFace value of the tickets still valid for this show
DiscountsPromo code and other discounts
Service fees (Noctern)Noctern's service fee on those tickets
Credit card fees (Noctern)Noctern's card fee
Sales tax (remit to state)Sales tax collected
Box-office surcharge (yours)Your own box office fee. Shown only when there is one
Fee share rebateYour negotiated share of Noctern's service fee. Shown only when there is one
Ticketing take-homeWhat ticketing earned your venue: your ticket revenue, plus your box office fee, plus the fee share rebate
Refunds (already netted from gross)For information — refunded tickets are already out of the gross figure above
CompsFor information — how many tickets were given away

Ticketing take-home is the same figure Noctern uses for the event's payout. It is not always the rows above it added and subtracted: when fees and tax were charged on top of the ticket price, the buyer paid them, so they are listed for reference and do not reduce your take-home.

Bar

Bar revenue (gross) is what your point-of-sale system rang up during the event — sales plus tax, without tips. It appears only when your venue has a point-of-sale system connected. Click View bar drill-down to see the sales behind it.

Artist payout

The Artist payout comes from the settlement on the deal linked to this event. If no deal is linked, the page says so and treats the payout as $0 — link the deal to get a true margin. See Deals and settlements.

Things to know before you rely on it

  • It is live. The page is worked out each time you open it. A show still on sale will keep changing, and a later refund lowers the numbers after the fact. There is no "final" stamp.
  • Venues with their own connected Stripe account. The ticketing rows count only orders that Noctern collected. Orders paid straight to your Stripe account are left out of Gross ticket revenue and Ticketing take-home, so for a fully connected venue this card shows little more than the fee share rebate. Use Sales by event for ticket revenue instead. See How your venue gets paid.
  • Imported tickets count toward seats sold and Bar / attendee, never toward money.
  • There is no download or print button. Use your browser's print if you need a copy.

For every show at once rather than one at a time, use Sales by event — its Net column is each performance's ticket revenue.

Open this topic in the help center

Try it

Open one past event from Manage Events, click Profit & Loss in its Money card, and read the Gross margin. Check whether either badge (No POS connected, No artist deal linked) is showing, and say what that does to the number.

Checkpoint

Answer all 3 questions correctly to mark this lesson complete.

  1. 1. How is Gross margin worked out on the Profit & Loss page?

  2. 2. What happens if no artist deal is linked to the event?

  3. 3. Which statement about the page is true?