NEXT Boatworks on Wefunder 2022

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NEXT Boatworks on Wefunder 2022


Reporting Date

10/22/2022

Chance of Max

extremely

Avg. Day by day Elevate

$115,050

Momentum

hot.svg

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Location

Bristol, Rhode Island

Business

Shopper Merchandise, Items & Companies

NEXT Boatworks, with a valuation of $2.4 million, is elevating funds on Wefunder. The corporate has made the primary next-gen coastal rowing boat that meets the World Rowing C1x coastal rule requirements. The boat, NEXT C1X, has established NEXT Boatworks because the chief in coastal rowing boat design with its leak-proof, light-weight, and modern design. The corporate goals to develop and construct the Renegade subsequent, a sturdy boat with excessive efficiency. Dennis Loebs and Ben Sales space based NEXT Boatworks in Could 2016. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $450,000. The marketing campaign proceeds will likely be used for brand new hires, advertising and marketing, doubling C1X throughput and gross sales, tooling and tools, and debt retirement.

Abstract Revenue and Loss Assertion

Income

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Web Revenue

$-495,801

$-194,055

Abstract Steadiness Sheet

Money

$7,727

$24,345

Accounts Receivable

$9,380

$0

Complete Belongings

$532,171

$198,482

Brief-Time period Debt

$150,614

$34,515

Lengthy-Time period Debt

$311,232

$0

Complete Liabilities

$461,846

$34,515

Financials as of: 10/21/2022

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