Company Growth (employees)
Kobalt Music Group was founded in 2000 and is headquartered in New York, US
Key People/Management at Kobalt Music Group
Willard Ahdritz
Founder & CEO
Richard Sanders
President
James Fitzherbert-Brockholes
Chief Operating Officer
Christiaan Winchester
General Counsel
Paul Hitchman
President, Kobalt Music Recordings
Kobalt Music Group Office Locations
Kobalt Music Group has offices in New York, London, Atlanta, Los Angeles and in 6 other locations
New York, US (HQ)
220 W 42nd St
Sydney, AU
30 Springfield Ave
Östermalm, SE
26A Östermalmsgatan
Hong Kong, HK
Austin Tower 22-26 Austin Ave
Miami, US
2100 Ponce De Leon Blvd
Berlin, DE
Oberwallstrasse 1
Kobalt Music Group Financials and Metrics
Summary Metrics
Founding Date | 2000 |
Total Funding | $205 m |
Latest funding size | $14 m |
Time since last funding | 12 days |
Investors | MSD Capital, Michael Dell, GV, Balderton Capital, Spark Ventures, Hearst Entertainment, Section 32 |
Kobalt Music Group's latest funding round in October 2017 was reported to be $14 m. In total, Kobalt Music Group has raised $205 m. Kobalt Music Group's latest valuation is reported to be $789 m.
Kobalt Music Group Financials
Kobalt Music Group's revenue was reported to be £208.1 m in FY, 2016 which is a 15% increase from the previous period.
GBP
Revenue (FY, 2016) | 208.1 m |
Revenue growth (FY, 2015 - FY, 2016), % | 15% |
Gross profit (FY, 2016) | 24.5 m |
Gross profit margin (FY, 2016), % | 12% |
Net income (FY, 2016) | (15.6 m) |
EBITDA (FY, 2016) | (11.4 m) |
EBIT (FY, 2016) | (13.4 m) |
Market valuation | 789 m |
Cash (30-Jun-2016) | 28.1 m |
EV | 774.9 m |
| GBP | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.1 m | 20.4 m | 37.7 m | 48.7 m | 61.1 m | 77.7 m | 107 m | 135 m | 181 m | 208.1 m |
Revenue growth, % | 26% | 26% | 15% | |||||||
Cost of goods sold | 18.1 m | 33.1 m | 43.3 m | 54.5 m | 68.7 m | 94.2 m | 119.6 m | 158.3 m | 183.6 m | |
Gross profit | 2.3 m | 4.6 m | 5.4 m | 6.6 m | 9 m | 12.8 m | 15.4 m | 22.6 m | 24.5 m |
| GBP | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 31 k | 2.7 m | 3.9 m | 8.6 m | 10.6 m | 5.7 m | 14.5 m | 14.2 m | 37 m | 28.1 m |
Accounts Receivable | 7 k | 22.1 m | 15.7 m | 24.7 m | ||||||
Current Assets | 4.2 m | 12.6 m | 16.6 m | 23 m | 35.7 m | 31.7 m | 57.9 m | 75.7 m | 115.5 m | 131.1 m |
PP&E | 609 k | 801 k | 964 k | 1.1 m | 1.4 m | 2.9 m | 2.6 m | 3.9 m | 5.8 m | 1.9 m |
| GBP | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (352 k) | (2.2 m) | (2.4 m) | (1.9 m) | (1.9 m) | (3.7 m) | (4.9 m) | (12.8 m) | (21.6 m) | (15.6 m) |
Cash From Operating Activities | (1.1 m) | (2.5 m) | 2.1 m | 1.1 m | (1.3 m) | 1.9 m | (1.7 m) | (9.1 m) | (10.5 m) | (13.8 m) |
Cash From Financing Activities | 1.1 m | 3.6 m | 84 k | 4.3 m | 4.1 m | (4 m) | 13.7 m | 8.8 m | 32.1 m | 15.1 m |
Net Change in Cash | (88 k) | 747 k | 1.8 m | 4.7 m | 2 m | (4.9 m) | 8.8 m | (2.9 m) | 17.2 m | (2.2 m) |
| GBP | Y, 2016 |
|---|---|
EV/EBITDA | -68.1 x |
EV/EBIT | -58 x |
EV/CFO | -56.3 x |
Revenue/Employee | 794.2 k |
Debt/Equity | -11 x |
Debt/Assets | 0.1 x |
Financial Leverage | -111.6 x |
Kobalt Music Group Operating Metrics
| May, 2017 | |
|---|---|
Songwriters | 25 k |
Independent Artists | 20 k |
Publishers | 600 |
