Arka on Republic 2022 – KingsCrowd

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Arka on Republic 2022 – KingsCrowd


Valuation Cap

$18,000,000

Reporting Date

11/21/2022

Probability of Max

unlikely

Momentum

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Location

San Francisco, California

Business

Logistics, Supply, & Provide Chain

Arka, with a valuation of $18 million, is elevating funds on Republic. The corporate supplies next-gen packaging for e-commerce. The packaging of Arka is traceable, sustainable, and built-in into the e-commerce shops of companies. The platform permits companies to forecast utilization, auto-replenish, and optimize packaging. The merchandise of Arka are eco-friendly and made within the US, and likewise ship internationally. The enterprise reported a income of $1.5 million in 2021 and has a mean month-over-month progress of 67.14% in 2022. Phillip Akhzar based Arka in December 2015. The present crowdfunding marketing campaign has a minimal goal of $107,100 and a most goal of $250,000. The marketing campaign proceeds shall be used for hiring, advertising and marketing, and growth.

Abstract Revenue and Loss Assertion

Income

$1,481,333

$934,962

COGS

$444,400

$280,489

Tax

$0

$0

 

 

Internet Revenue

$17,634

$8,917

Abstract Steadiness Sheet

Money

$1,059,706

$1,048,623

Accounts Receivable

$75,895

$54,644

Whole Belongings

$1,142,768

$1,108,428

Quick-Time period Debt

$164,118

$118,165

Lengthy-Time period Debt

$19,447

$44,701

Whole Liabilities

$183,565

$162,866

Financials as of: 08/25/2022

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