Festicket

Festicket is a marketplace to discover and book music festival experiences, including ticket, accommodation, transport etc.. The Company's platform offers an end-to-end experience for music travelers, an efficient two-sided marketplace for 500+ music festivals across 40 different countries and a network of 2,000 suppliers for accommodation and travel packages.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2008
Size (employees)
78 (est)-1%
Festicket was founded in 2008 and is headquartered in London, GB

Key People at Festicket

Zacharie Sabban

Zacharie Sabban

Co-founder and CEO
Jonathan Younes

Jonathan Younes

Co-founder and CTO
Raj Ramanandi

Raj Ramanandi

Investor / Board Director
David Isaacson

David Isaacson

Technical Director

Festicket Office Locations

Festicket has an office in London
London, GB (HQ)
22 Upper Ground

Festicket Data and Metrics

Summary Metrics

Founding Date

2008

Total Funding

$9.8 m

Latest funding size

$6.3 m

Time since last funding

about 1 year

Investors

Festicket's latest funding round in June 2016 was reported to be $6.3 m. In total, Festicket has raised $9.8 m

Festicket Financial Metrics

Festicket's revenue was reported to be £16 m in FY, 2016
GBP

Revenue (FY, 2016)

16 m

Gross profit (FY, 2016)

1.6 m

Gross profit margin (FY, 2016), %

10%

Net income (FY, 2016)

(2.1 m)

Cash (31-Dec-2016)

4.7 m
GBPFY, 2016

Revenue

16 m

Cost of goods sold

14.4 m

Gross profit

1.6 m

Gross profit Margin, %

10%

Operating expense total

3.9 m

Pre tax profit

(2.3 m)

Net Income

(2.1 m)
GBPFY, 2016

Cash

4.7 m

Accounts Receivable

309.5 k

Current Assets

8.1 m

PP&E

94.4 k

Goodwill

17.5 k

Total Assets

8.2 m

Accounts Payable

276.8 k

Current Liabilities

5.9 m

Total Liabilities

5.9 m

Retained Earnings

(2.1 m)

Total Equity

2.3 m

Financial Leverage

3.6 x
GBPFY, 2016

Income Taxes Paid

238.2 k
GBPY, 2016

Revenue/Employee

385.4 k

Financial Leverage

3.6 x

Traffic Overview of Festicket

Festicket Online and Social Media Presence

Festicket News and Updates

Festival travel booking site Festicket raises $6.3M Series B

 Festicket, the UK startup that lets you book a wide range of music festival experiences, has closed $6.3 million in Series B funding. Lepe Partners led the round, with participation from existing investors Wellington Partners, PROfounders, and Playfair Capital. Read More

Festicket Company Life and Culture

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