08/23/2022
Louisville, Kentucky
Meals, Beverage, & Eating places
Modica, with a valuation of $5 million, is elevating funds on Wefunder. The corporate makes the world’s first superfood cocktail and mocktail mixes. The mixes of Modica are all-natural, low in sugar, and fortified with nutritional vitamins and antioxidants. The present flavors of Modica embody the Turmeric Ginger Mule, Tart Cherry Outdated Common, and Cucumber Aloe Margarita. The corporate has partnered with a distributor and entered over 50 shops. Eric Wentworth and Jd Mitchell based Modica in September 2017. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $250,000. The marketing campaign proceeds shall be used for hiring, advertising, operations, and R&D.
Abstract Revenue and Loss Assertion
|
Income |
$76,207 |
$14,308 |
|
COGS |
$62,533 |
$26,132 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
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|
Internet Earnings |
$-18,371 |
$-29,580 |
Abstract Steadiness Sheet
|
Money |
$23,584 |
$16,692 |
|
Accounts Receivable |
$948 |
$3,581 |
|
Whole Property |
$52,021 |
$59,459 |
|
Brief-Time period Debt |
$56,028 |
$40,401 |
|
Lengthy-Time period Debt |
$40,457 |
$45,151 |
|
Whole Liabilities |
$96,485 |
$85,552 |
Financials as of: 08/22/2022



