Geoship on Republic 2023 – KingsCrowd

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Geoship on Republic 2023 – KingsCrowd


Valuation Cap

$45,000,000

Rolling Commitments ($USD)

Reporting Date

01/30/2023

Probability of Max

Momentum

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Location

Nevada Metropolis, California

Trade

Actual Property & Building

Geoship, with a valuation of $45 million, is elevating funds on Republic. The corporate designs wholesome, inexpensive, and regenerative properties, connecting human communities with the pure world. Geoship is bringing a homebuilding revolution with its zero-carbon ceramic properties which are non-toxic, fireproof, pure calamities resistant, and recyclable. The enterprise has a $40 million buyer pipeline with deposits and a $2.4 billion pipeline with out deposits. Bas Kools and Morgan Bierschenk based Geoship in January 2014. The present crowdfunding marketing campaign has a minimal goal of $25,000 and a most goal of $4.4 million. The marketing campaign proceeds can be used to develop a production-ready dome prototype, launch a village configurator for dome presales, and safe constructing permits for the primary dome manufacturing unit.

Abstract Revenue and Loss Assertion

Income

$2,384

$0

COGS

$1,603,553

$2,803,180

Tax

$0

$0

 

 

Web Earnings

$-1,664,552

$-2,822,598

Abstract Steadiness Sheet

Money

$40,707

$500,565

Accounts Receivable

$4,768

$0

Complete Belongings

$797,859

$1,162,375

Quick-Time period Debt

$332,648

$87,921

Lengthy-Time period Debt

$792,470

$768,087

Complete Liabilities

$1,125,118

$856,008

Financials as of: 01/30/2023

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Increase Historical past

Geoship 04/30/2023 Republic $45,000,000 $0 SAFE
Lively
RegCF
Geoship 06/28/2022 StartEngine $54,309,193 $597,445 Fairness – Widespread
Funded
RegCF
Geoship 06/30/2020 StartEngine $8,996,400 $1,069,855 Fairness – Widespread
Funded
RegCF

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