DrySee on StartEngine 2022 – KingsCrowd

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DrySee on StartEngine 2022 – KingsCrowd


Safety Kind

Fairness – Widespread

Pre-Cash Valuation

$9,936,995

Reporting Date

09/10/2022

Probability of Max

unlikely

Momentum

cool.svg

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Business

Healthcare & Prescription drugs

DrySee, with a valuation of $9.94 million, is elevating funds on StartEngine. The corporate has made a water-resistant bandage with liquid intrusion know-how. The bandage is focusing on the superior dressings market and comes with liquid indicating perimeter band and middle pad to alert the customers when the water has penetrated the bandage. DrySee has reported a month-over-month improve in its Amazon gross sales and a 57% whole income improve since February 2022. Brad Greer based DrySee in July 2019. The present crowdfunding marketing campaign has a minimal goal of $9,999.36 and a most goal of $999,998.40. The marketing campaign proceeds will probably be used for development, new product improvement, and enlargement.

Abstract Revenue and Loss Assertion

Income

$80,654

$463

COGS

$95,831

$6,573

Tax

$0

$0

 

 

Internet Revenue

$-642,849

$-851,468

Abstract Steadiness Sheet

Money

$746

$23,130

Accounts Receivable

$0

$0

Whole Property

$723,820

$629,038

Quick-Time period Debt

$41,921

$30,403

Lengthy-Time period Debt

$2,212,328

$1,544,968

Whole Liabilities

$2,254,250

$1,575,371

Financials as of: 09/09/2022

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