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.

Type
Private
HQ
London, GB
Founded
2008
Size (employees)
114 (est)+9%
Festicket was founded in 2008 and is headquartered in London, GB
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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

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

Total Funding

$9.8 m

Latest funding size

$6.30 m

Time since last funding

2 years ago

Investors

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

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

Revenue (FY, 2017)

35.8 m

Gross profit (FY, 2017)

3.6 m

Gross profit margin (FY, 2017), %

10.1%

Net income (FY, 2017)

(3.5 m)

EBITDA (FY, 2017)

(3.9 m)

EBIT (FY, 2017)

(4 m)

Cash (31-Dec-2017)

5.1 m
GBPFY, 2015FY, 2016FY, 2017

Revenue

6.1 m16 m35.8 m

Revenue growth, %

Cost of goods sold

5.4 m14.4 m32.2 m

Gross profit

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

Cash

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

Accounts Receivable

608 71.2 k127.9 k309.5 k1.6 m

Inventories

1.5 k526.4 k

Current Assets

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

Net Income

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

Cash From Operating Activities

(733.8 k)(2.5 m)

Cash From Financing Activities

4.2 m2.8 m

Net Change in Cash

3.4 m431.4 k
GBPY, 2017

Revenue/Employee

498.3 k

Financial Leverage

4.7 x
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Festicket Online and Social Media Presence

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