NightCulture Inc., "Concerts that Change Your Life", is a premier producer of live concerts and events. NightCulture produces, markets, and executes all aspects of its concerts from the selling of tickets to merchandise. NightCulture Inc. events are primarily in the Electronic Dance Music (EDM) market. .
NightCulture operates in the following markets: Houston, TX, Austin, TX, San Antonio, TX, & Oklahoma City, OK. NightCulture events are primarily in the Electronic Dance Music (EDM) genre. Hundreds of thousands of attendees have experienced our events and the number continues to grow with every show. NightCulture Inc. NGHT is the first Electronic Music oriented company to ever trade in the public markets.
NightCulture Inc. has produced hundreds of concerts featuring world class artists such as: Tiesto, David Guetta, Deadmau5, Skrillex, Armin van Buuren, Benny Benassi, Kaskade, Infected Mushroom, Afrojack, Above & Beyond, Will.i.am from the Black Eyed Peas, Paul van Dyk, Rusko, Axwell & Sebastian Ingrosso from Swedish House Mafia, Ferry Corsten, Calvin Harris, Flux Pavilion, Gareth Emery, Markus Schulz, ATB, Sasha, John Digweed, Cosmic Gate, Pretty Lights, Paul Oakenfold, Carl Cox, Pete Tong, Richie Hawtin, Avicii, Bob Sinclar, Boys Noize, Hernan Cattaneo, Wolfgang Gartner, Bonobo, Deep Dish, Erick Morillo plus many many more!
NGHT TARGET REVENUES/POTENTIAL EARNINGS:
(According to 8k Filing)
For concert operations NGHT is looking for $4.1M next year, $7.7M in 2014 and $12.3M in 2015. For the festivals NGHT is looking for 10M next year, 11.9M in 2014 and 13.8M in 2015 and for the music club venues 1.1M this year, 2.4M next year, 4M in 2014 and 5.5M in 2015. To sum it up NGHT is calling for 16.5M in total revenues next year, 23.6M in 2014 and 31.6M in 2015.
The music festivals projections next year leave $4.4M after expenses, in 2014 it $5M and 2015 $5.8M.
Concert revenues call for 70% operating expenses so we look for $1.2M next year, $2.3M in 2014 and $3.7M in 2015.
Add in the music club numbers and its $6.3M next year, $8.6M in 2014 and $11.2M in 2015... Consider combining that with a P/E Ratio of 26 (The current P/E ratios in Entertainment Tech are approx 26) Also, the Leisure and Recreation Services Sector has P/E Ratios which are slightly higher...
Just $6 MILLION in earnings with the current share structure would put NGHT’s market cap at $156 MILLION.
$156 Million/ 50 MILLION (Shares Outstanding) = $3.12 PER SHARE!
The Friday Dayglow show sold out 3 weeks in advance and the Thursday show reached capacity with walk up ticket sales.
"This marks the first time that Dayglow has sold out all nights in the Houston market and represents the growth and strength of the brand and the people behind it. We are pleased to partner with Committee Entertainment, Disco Productions, and the Dayglow brand, and look forward to continued collaboration in our markets," as explained by CEO Mike Long.
The two Dayglow shows catered to over 4,000 dance music revelers with ticket pricing that ranged from $30.00 to $50.00 for general admission and $75.00 for VIP ticketing. Tickets were available through www.dayglowtour.com or could be purchased directly through the www.stereolivehouston.com site managed by Frontgate Tickets.
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