Company Growth (employees)
Kobalt Music Group was founded in 2000 and is headquartered in New York, US
Key People 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 Data and Metrics
Summary Metrics
Founding Date | 2000 |
Total Funding | $191 m |
Latest funding size | $75 m |
Time since last funding | 4 months |
Investors | MSD Capital, Michael Dell, GV, Balderton Capital, Spark Ventures, Hearst Entertainment |
Kobalt Music Group's latest funding round in May 2017 was reported to be $75 m. In total, Kobalt Music Group has raised $191 m. Kobalt Music Group's latest valuation is reported to be $775 m.
Kobalt Music Group Financial Metrics
Kobalt Music Group's revenue was reported to be £208.1 m in FY, 2016 which is a 23% 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) |
Market valuation | 775 m |
Cash (30-Jun-2016) | 28.1 m |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 107 m | 135 m | 169.6 m | 208.1 m |
Revenue growth, % | 26% | 26% | 15% | |
Cost of goods sold | 94.2 m | 119.6 m | 149.7 m | 183.6 m |
Gross profit | 12.8 m | 15.4 m | 19.9 m | 24.5 m |
Gross profit Margin, % | 12% | 11% | 12% | 12% |
Operating expense total | 17 m | 26.6 m | 36.9 m | 37.9 m |
Pre tax profit | (11.5 m) | (20.1 m) | (13.7 m) | |
Net Income | (12.8 m) | (21.6 m) | (15.6 m) |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 14.2 m | 37 m | 28.1 m |
Current Assets | 75.7 m | 115.5 m | 131.1 m |
PP&E | 6.5 m | 5.8 m | 5.4 m |
Goodwill | 1.2 m | 6.7 m | 6.2 m |
Total Assets | 83.4 m | 128 m | 142.7 m |
Accounts Payable | 950.3 k | 1 m | 759.9 k |
Current Liabilities | 81.2 m | 107.6 m | 144 m |
Total Liabilities | 81.2 m | 107.6 m | 144 m |
Retained Earnings | (12.8 m) | (21.6 m) | (15.6 m) |
Total Equity | 2.2 m | 20.4 m | (1.3 m) |
Financial Leverage | 38.5 x | 6.3 x | -111.6 x |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash From Operating Activities | (9.1 m) | (10.5 m) | (13.8 m) |
Cash From Financing Activities | 8.8 m | 32.1 m | 15.1 m |
Income Taxes Paid | (1.3 m) | (1.5 m) | (1.9 m) |
| GBP | Y, 2016 |
|---|---|
Revenue/Employee | 794.2 k |
Financial Leverage | -111.6 x |
