Gameflip on StartEngine 2022 – KingsCrowd

0
Gameflip on StartEngine 2022 – KingsCrowd


Safety Kind

Fairness – Widespread

Pre-Cash Valuation

$34,781,547

Reporting Date

09/03/2022

Chance of Max

extremely

Avg. Day by day Increase

$100,063

Momentum

hot.svg

Create a free account immediately to achieve entry to KingsCrowd analytics.

Location

San Jose, California

Business

Media, Leisure & Publishing

Gameflip, with a valuation of $34.8 million, is elevating funds on StartEngine. The corporate has developed a digital market for avid gamers the place they will safely purchase and promote all issues associated to gaming. {The marketplace} is powered by superior know-how and supplies avid gamers with a easy and protected place to flip their gaming objects and belongings. Gameflip has a group of over six million avid gamers and has facilitated gross sales of over $140 million. JT Nguyen and Terry Ngo based Gameflip in December 2014. The present crowdfunding marketing campaign has a minimal goal of $10,000 and a most goal of $1.07 million. The marketing campaign proceeds can be used for development and growth.

Abstract Revenue and Loss Assertion

Income

$3,280,014

$3,904,356

COGS

$865,404

$993,933

Tax

$1,664

$1,600

 

 

Web Earnings

$-1,554,407

$-1,423,109

Abstract Steadiness Sheet

Money

$2,549,130

$4,344,596

Accounts Receivable

$146,277

$480,618

Complete Property

$2,769,557

$4,891,929

Brief-Time period Debt

$465,365

$796,261

Lengthy-Time period Debt

$0

$237,070

Complete Liabilities

$465,365

$1,033,331

Financials as of: 09/02/2022

Create a free account immediately to achieve entry to KingsCrowd analytics.