Festicket

Festicket is an innovative website that packages together festival tickets with travel, accommodation and add-ons to create complete festival trips that can be booked in one click.

We work with festivals as official partners so we can provide general admission and VIP tickets to some of the world’s greatest festivals. Then we add handpicked hotels, trusted transfer services and any extras to create festival packages that are completely hassle-free.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2008
Size (employees)
71 (est)+11%
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 Metrics

Summary Metrics

Founding Date

2008

Total Funding

$9.8 m

Latest funding size

$6.3 m

Time since last funding

10 months

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

Revenue (2016)

£16 m

Gross profit

£1.6 m

Gross profit margin (2016), %

10%

Net income (2016)

(£2.1 m)

Cash (31-Dec-2016)

£4.7 m
Festicket's revenue was reported to be £16 m in FY, 2016
FY, 2016

Revenue

£16 m

Revenue growth, %

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)
FY, 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

Retained Earnings

(£2.1 m)

Total Equity

£2.3 m

Financial Leverage

3.6 x
FY, 2016

Income Taxes Paid

£238.2 k

Festicket Online Presence

Festicket News

Festicket Company Life

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