Fairness – Frequent
$19,480,046
11/02/2022
Detroit, Michigan
Transportation, Automotive, Aviation, & Aerospace
Boaz Bikes, with a valuation of $19.5 million, is elevating funds on StartEngine. It’s an electrical scooter-sharing firm centered on security. The scooters have a state-of-the-art design and include batteries that may be swapped out in lower than a minute in comparison with taking scooters house to cost. Boaz Bikes’ revenues per trip surpassed its opponents’ in 2021, and year-over-year revenues grew 319%. Emil I NNANI and Cory Smith based Boaz Bike in 2018. The present crowdfunding marketing campaign has a minimal goal of $9,998.76 and a most goal of $3.8 million. The marketing campaign proceeds might be used to develop in additional cities and markets and develop the annual income.
Abstract Revenue and Loss Assertion
|
Income |
$576,970 |
$130,979 |
|
COGS |
$223,799 |
$30,672 |
|
Tax |
$761 |
$0 |
|
|
||
|
|
||
|
Internet Earnings |
$97,031 |
$-32,245 |
Abstract Steadiness Sheet
|
Money |
$106,767 |
$24,899 |
|
Accounts Receivable |
$0 |
$0 |
|
Whole Belongings |
$798,455 |
$309,911 |
|
Brief-Time period Debt |
$0 |
$0 |
|
Lengthy-Time period Debt |
$673,367 |
$424,229 |
|
Whole Liabilities |
$673,367 |
$424,229 |
Financials as of: 11/01/2022
Increase Historical past
| Boaz Bikes | 01/30/2023 | StartEngine | $19,480,046 | $0 | Fairness – Frequent |
Energetic |
RegCF |
| Boaz Bikes | 07/28/2022 | StartEngine | $50,000,000 | $198,606 | Fairness – Frequent |
Funded |
RegCF |
| Boaz Bikes | 09/03/2021 | Wefunder | $40,000,000 | $1,233,876 | SAFE |
Funded |
RegCF |
| Boaz Bikes | 02/28/2021 | Wefunder | $15,000,000 | $930,934 | Convertible Observe |
Funded |
RegCF |
