initial public offerings (IPOs) trading on American exchanges

Thursday, December 5, 2013

SFX Entertainment (SFXE) began trading on the NASDAQ on 9 October 2013

Shares of SFX Entertainment Inc. fell in their trading debut after the dance music promoter raised $260 million in its initial public offering.

The New York-based company produces dance music events around the world, including Tomorrowland and Life in Color. Through planned acquisitions, it expects to own the rights to Electric Zoo and Stereosonic. It also operates Beatport, an online music store that sells electronic dance songs.

SFX Entertainment priced its IPO at $13 per share. The stock fell $1.11, or 8.5 percent, to close at $11.89.

The company said that it will use the money it raised to pay for acquisitions. Its shares are trading on the Nasdaq stock exchange under the ticker symbol "SFXE."


SFX Entertainment, Inc. is the producer of live events and entertainment content focused on the electronic music culture (EMC), based on attendance and revenue. The Company presents EMC festivals and events, many of which have more than a decade of history, passionate followers and vibrant social communities. The Company has presented Life in Color events and two Sensation festivals and has acquired the rights to the Tomorrowland, Mysteryland, and Q-Dance festivals in North America. In October 2013, the Company announced that it has acquired 100% of the assets of Totem OneLove Group Pty Ltd. In November 2013, SFX Entertainment, Inc announced that it had acquired Made Event, the electronic music production company. In November 2013, the Company acquired i-Motion GMBH. Effective November 19, 2013, SFX Entertainment, Inc acquired I-Motion GmbH. In December 2013, the Company announced that it has acquired 75% of Paylogic.


430 Park Avenue
NEW YORK, NY 10022
United States


Key stats and ratios

Q2 (Jun '13)2012
Net profit margin-90.03%-65.38%
Operating margin-74.07%-65.37%
EBITD margin--61.37%
Return on average assets-40.10%-48.62%
Return on average equity-284.76%-369.65%

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