Event ticketing and management site amiando is reporting some impressive growth in revenues. In a company update the private German startup is circulating, it is reporting 200 percent annual revenue growth in the second quarter, and 65 percent growth over the first quarter of 2009. The report doesn’t give absolute numbers, but I’ve learned that it is in the range of a few million Euros a year, split evenly between its two main businesses, amiandoTICKETS (ticket sales) and amiandoEVENTS (event registration and management). The company says it is on track to become profitable by early next year.
On the ticketing side, amiando is selling about 30 million Euros worth of tickets a year, of which it gets a cut of 7.5 percent or less. It offers tickets in 15 currencies and has been used for more than 70,000 events since it launched three years ago. About 45 percent of its revenues still come from its home country of Germany, but more than half come from outside. And since it opened up its ticketing API last December, about a dozen social networks now offer amiando as a ticketing app.
Facebook Connect alone accounts for 5 percent of its event traffic and 2 percent of revenues. And Twitter recommendations are growing fast. Although email recommendations drives more referrals than anything else.
While Amiando is coming up the ranks, it still trails Eventbrite in traffic. Other competitors include Eventbee and TicketLeap.
Great numbers from GermanY / Bavaria
That’s great News from #Bavaria -congrats
We got other means to buy tickets in europe, Amiando’s 7.5% fee is lot to pay to purchase tickets online!
amiando’s clearly on a roll here in Europe.
They also just recently published their story and history here: http://www.amia...ut/history.html
“July 2008: Dozens of night shifts push IT and product development to the limit but release date is kept on the minute. At least one heart attack is recorded due to the extreme stress.” … well well …
we have an upcoming product as well that is event-centric, yet for documentation rather than ticketing. It will be released 1st.October. Would appreciate your feedback guys. As soon as it is out will let you know the link to it.
Amiando is great, that’s sure, but we choosed http://www.stagehq.com over amiando because it had already we need and it’s a lot cheaper (0-1 Euro)
awesome.The post is impressive
We’ve developed Stage http://www.stagehq.com, a new competitor in the event registration management niche based on what we really don’t like about current players. We think complexity and variable fees, specially as high as 3-7%, are really unfair for small event’s organizers and do not response to real costs in the provider side. We offer what we think is a honest fixed fee: 1€/1$/1£ depending the currency used in the event (paypal fees not included).
Of course if you want to organize a free event like a friends meetup, friday party or any other non-paying event Stage is totally free. We invite to all the people reading techcrunch to just check it out: http://www.stagehq.com
ShowClix, a Pittsburgh-based company, has also shown impressive growth. They recently raised a round of funding based on that growth.
Note: I peddle a hiring tool for startups—I don’t work for ShowClix!
?? “7.5 percent or less” – so whats it? 3.5 average? 2.5 average?
Reminds me of sales “up to 60%” – does not say a lot …
An honest online ticket seller is brownpapertickets.com. Their pricing is up front and very low. They have been profitable for quite some time, methinks. Now moving into Europe.
An honest online ticket seller is brownpapertickets.com. Their pricing is up front and very low. They have been profitable for quite some time, methinks. Now moving into Europe.
We evaluated both Amiando and Eventbrite for our event registration purpose, both are great solutions but we decided to go with Eventbee as it has rich feature set with simple pricing model of $1 flat fee per ticket.
We got suspicious of $1 fee, but correspondence with Eventbee assured that it is real, and we only pay $1 fee per ticket even when our currency is €.
Link to our event, http://iwea2009...ce.eventbee.com
Congratulations on the success so far! Those are definitely some impressive numbers, and we here at ShowTimeTickets.com wish you the best of luck in the coming years. It’s always nice to hear about the successes of a recent startup company.
For next-gen live music ticketing in the US, look no further than Ticketfly: http://www.ticketfly.com/
Brought to you by industry vets, ’bout to take the world (or at least the stages near you) by storm!