Shenzhen iDreamSky Technology Co., Ltd.
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Shenzhen iDreamSky Technology Co., Ltd. - overview
Established
2009
Location
Shenzhen, Guangdong, China
Primary Industry
Software
About
Founded in 2009 and based in Shenzen, China, Shenzhen iDreamSky Technology Co. , Ltd. operates a digital entertainment platform that provides games and related services. The company was listed on the NSDAQ in August 2014 and public to private in September 2016.
The company listed on the Hong Kong Stock Exchange in November 2018 and the stock number is 01119. In November 2021, Tencent Investment invested in Shenzhen iDreamSky Technology Co. , Ltd. for HKD 194.
5 million. Shenzhen iDreamSky Technology Co. , Ltd. operates a game publish platform that provides mobile games.
The games include role-playing games, elimination puzzle games, casual games, parkour games and others. The company also provides video and comics products via its platform. The company generates revenue by providing mobile game publishing business.
Current Investors
Legend Capital, Prometheus Capital, StarVC
Primary Industry
Software
Sub Industries
Gaming
Website
www.idreamsky.com
Verticals
Mobile Apps
Company Stage
Mature
Total Amount Raised
Subscriber access only
Shenzhen iDreamSky Technology Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 984,153 | 1,638,525 | - | 1,763,548,000 | 2,364,641,000 | 2,792,970,000 | 321,211,000 | - | - | - |
| % Revenue Growth (YoY) | - | 66.5% | - | - | 34.1% | 18.1% | (88.5%) | - | - | - |
| EBITDA (USD) | 17,049 | 206,882 | - | 302,643,000 | 441,906,000 | 588,282,000 | (225,668,000) | - | - | - |
| Operating Income (USD) | 6,943 | 129,133 | - | 210,391,000 | 329,366,000 | 428,234,000 | (401,890,000) | - | - | - |
| Operating Margin | 0.7% | 7.9% | - | 11.9% | 13.9% | 15.3% | (125.1%) | - | - | - |
| % EBITDA Margin | 1.7% | 12.6% | - | 17.2% | 18.7% | 21.1% | (70.3%) | - | - | - |
| NET Income (USD) | (16,701) | 45,888 | - | 151,904,000 | 267,833,000 | 360,397,000 | (564,996,000) | - | - | - |
| % Net Margin | (1.7%) | 2.8% | - | 8.6% | 11.3% | 12.9% | (175.9%) | - | - | - |
Shenzhen iDreamSky Technology Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Xingfei Culture | - | ||||||||
| IPO | Completed | Shenzhen iDreamSky Technology Co., Ltd. | - | ||||||||
| Secondary Buyout | Completed | Shenzhen iDreamSky Technology Co., Ltd. | - | ||||||||
| Public to Private | Completed | Shenzhen iDreamSky Technology Co., Ltd. | - |
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