The 2019 RaceTrends report looks at the state of the US endurance market, including registration trends, the effectiveness of promotion and fundraising tactics, and the use of technology on RaceDay.
5. Sales Tax
▷ As of January 2020, 39
states have passed
Marketplace Facilitator
Laws
▷ RunSignup will remit ~ $3
Million in sales tax in 2020
▷ Risk of non-compliance for
races and vendors is
significant
$10
Million
Industry’s Estimated
Tax Liability
6. Market Moves
❖ Hot Chocolate/EnMotive/Ram
Racing sale to New Media
❖ Asics acquires Race Roster
❖ Races Online partners with
Race Roster
❖ Ryan Henry and Josh Drew
leave Stack Sports
❖ Chronotrack - RunSignup
Partnership
❖ Tough Mudder Potential
Bankruptcy
7. IPOs
▷ Eventbrite ▷ Wanda
$3.2
Billion Dollar Initial Valuation at 17x Net
Revenue
$1.7
Billion Dollar Current Valuation at 4.6x
Net Revenue and 8x gross profit
+7.3%
North America Growth
Projection through 2022
(from SEC filing)
27. Facebook Fundraising
$490.26
More raised by connected
Facebook Fundraisers
9.74
More donations received
by connected Facebook
Fundraisers
56%
Connected fundraisers
met personal goal vs.
25.7% of unconnected
fundraisers