Aggregate Commitments $
StartEngine
08/23/2022
11/22/2022
$9,999
$2,499,981
$197
Equity – Common
RegCF
$5.98
$12,300,722
Rolling Commitments $
Active
08/24/2022
90
104%
0%
$10,434
Boulder, Colorado
Alcohol, Tobacco, & Recreational Drugs
Foodtech
BeerMKR, with a valuation of $12.3 million, is raising funds on StartEngine. The company has designed and developed an automated countertop craft beer brewing system. The brewing system uses fewer steps and only a wifi connection to brew craft beer at home. BeerMKR has sold hundreds of units and reported $1 million in sales in 2021. The business earns strong recurring revenue for each BeerMKR, which amounted to $130 in 2021. Aaron Walls, Matthew Goff, and Evgeniy Tkachenko founded BeerMKR in January 2013. The current crowdfunding campaign has a minimum target of $9,998.56 and a maximum target of $2,499,980.86. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
Revenue |
$748,490 |
$485,736 |
COGS |
$733,547 |
$572,353 |
Tax |
$0 |
$0 |
|
||
|
||
Net Income |
$-1,051,377 |
$-1,167,198 |
Summary Balance Sheet
Cash |
$92,014 |
$14,967 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$679,545 |
$864,951 |
Short-Term Debt |
$197,992 |
$191,933 |
Long-Term Debt |
$620,165 |
$150,000 |
Total Liabilities |
$818,157 |
$341,933 |
Financials as of: 08/23/2022