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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.

TypePrivate
Founded2008
HQLondon, GB
Websitefesticket.com
Employee Ratings3

Locations

Festicket is headquartered in
London, United Kingdom

Location Map

Latest Updates

Employees (est.) (Mar 2019)140
Revenue (FY, 2017)£35.8 M(+124%)

Key People/Management 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
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Festicket Office Locations

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

Summary Metrics

Founding Date

2008

Festicket total Funding

$29.7 m

Festicket latest funding size

$4.83 m

Time since last funding

11 days ago

Festicket investors

Festicket's latest funding round in March 2019 was reported to be $4.8 m. In total, Festicket has raised $29.7 m
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Festicket Revenue

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Festicket's revenue was reported to be £35.84 m in FY, 2017
GBP

Revenue (FY, 2017)

35.8m

Gross profit (FY, 2017)

3.6m

Gross profit margin (FY, 2017), %

10.1%

Net income (FY, 2017)

(3.5m)

EBITDA (FY, 2017)

(3.9m)

EBIT (FY, 2017)

(4.0m)

Cash (31-Dec-2017)

5.1m
GBPFY, 2015FY, 2016FY, 2017

Revenue

6.1m16.0m35.8m

Revenue growth, %

Cost of goods sold

5.4m14.4m32.2m

Gross profit

638.0k1.6m3.6m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

3.2k1.8m1.3m4.7m5.1m

Accounts Receivable

608.071.2k127.9k309.5k1.6m

Inventories

1.5k526.4k

Current Assets

3.8k2.3m3.0m8.0m7.3m
GBPFY, 2015FY, 2016FY, 2017

Net Income

(1.4m)(2.1m)(3.5m)

Cash From Operating Activities

(733.8k)(2.5m)

Cash From Financing Activities

4.2m2.8m

Net Change in Cash

3.4m431.4k
GBPY, 2017

Revenue/Employee

498.3k

Financial Leverage

4.7 x
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Festicket Operating Metrics

Festicket's Customers was reported to be 25 m in Feb, 2019.
Jul, 2018Nov, 2018Feb, 2019

Countries

50

Customers

25 m

Festivals

1 k1.20 k

Travel Suppliers

4 k450 k
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Festicket Online and Social Media Presence

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Festicket Frequently Asked Questions

  • When was Festicket founded?

    Festicket was founded in 2008.

  • Who are Festicket key executives?

    Festicket's key executives are Zacharie Sabban, Jonathan Younes and Raj Ramanandi.

  • How many employees does Festicket have?

    Festicket has 140 employees.

  • What is Festicket revenue?

    Latest Festicket annual revenue is £35.8 m.

  • What is Festicket revenue per employee?

    Latest Festicket revenue per employee is £256 k.

  • Who are Festicket competitors?

    Competitors of Festicket include Sirius XM, Ticketmaster and NightCulture.

  • Where is Festicket headquarters?

    Festicket headquarters is located at 22 Upper Ground, London.

  • Where are Festicket offices?

    Festicket has an office in London.

  • How many offices does Festicket have?

    Festicket has 1 office.