imusic-school

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imusic-school - overview

Location

Bastia, -, France

Primary Industry

Software

About

iMusic-School is an online music education platform that provides a diverse array of music courses, catering to learners of all levels, from beginners to advanced musicians, through expert-led content and resources. Founded by Roland Pepe, iMusic-School offers an extensive online music education platform that connects students with quality learning materials. The company is headquartered in Bastia, France. In December 2011, it raised EUR 1.


9 million in a PIPE funding round led by Seventure Partners and Smalt Capital, which represented the company's first significant investment. The latest round also amounts to the total raised of EUR 1. 9 million. iMusic-School offers a comprehensive online music education platform that provides unlimited access to a wide range of music courses, taught by recognized professors and artists.


The platform includes hundreds of hours of instructional videos, sheet music, and tablatures across various genres, catering to all skill levels from beginners to advanced musicians. The courses cover essential techniques and theoretical knowledge progressively, allowing users to learn music at their own pace. iMusic-School targets a broad audience, including individual learners, music schools, and private instructors, providing resources suitable for casual learners and serious students alike. The service is available in multiple geographical markets, focusing on areas where online learning is prevalent, thus breaking down barriers of access to quality music education.


In the most recent year, iMusic-School generated revenue of EUR 1,417,305 and reported an EBITDA of EUR 340,264. Revenue is primarily derived from a subscription model, which allows users to access all courses and resources for a recurring fee. Customers can enroll in various plans tailored to their needs, facilitating both B2C transactions and potential B2B partnerships with music schools that incorporate iMusic-School's offerings into their curriculum. The company plans to utilize the EUR 1.


9 million raised in December 2011 to enhance its course offerings and expand its reach in new geographical markets. Specific regions targeted for expansion include areas with growing interest in online education. Upcoming product launches, including advanced courses and features, are in development, with aims to improve user engagement and learning outcomes.


Current Investors

Seventure Partners, Smalt Capital

Primary Industry

Software

Sub Industries

Music & Video Streaming Software

Website

www.imusic-school.com

Total Amount Raised

Subscriber access only

imusic-school - timeline of key events

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imusic-school - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)817,844775,336930,1641,033,4321,700,665---
% Revenue Growth (YoY)-(5.2%)20.0%11.1%64.6%---
EBITDA (USD)50,859(76,225)147,132(373,937)397,352---
Operating Income (USD)(142,175)(297,811)(142,245)(710,477)58,912---
Operating Margin(17.4%)(38.4%)(15.3%)(68.7%)3.5%---
% EBITDA Margin6.2%(9.8%)15.8%(36.2%)23.4%---
NET Income (USD)(43,461)(351,964)(107,314)(686,135)139,782---
% Net Margin(5.3%)(45.4%)(11.5%)(66.4%)8.2%---

imusic-school - employee data

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