REJOY on Wefunder 2022 – KingsCrowd

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REJOY on Wefunder 2022 – KingsCrowd


Safety Sort

Convertible Be aware

Valuation Cap

$12,000,000

Reporting Date

10/26/2022

Probability of Max

Momentum

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Location

Key Biscayne, Florida

Trade

Meals, Beverage, & Eating places

REJOY, with a valuation of $12 million, is elevating funds on Wefunder. The corporate makes a novel sports activities drink infused with CBD for tremendous hydration and restoration. The drink is solely plant-based and helps in rehydration, ache reduction, and discount of irritation. REJOY is already out there in over 100 shops in Miami and generated over $100,000 in gross sales, and has signed distribution agreements with giant distributors of pure and natural meals. Martin Moresco, Diego Belbussi, Sebastian Sanchez, and Ronnie Schildknecht based REJOY in 2019. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $500,000. The marketing campaign proceeds will probably be used for the preliminary manufacturing batch, Amazon positioning, POS activation, advertising, working capital, and basic and administrative bills.

Abstract Revenue and Loss Assertion

Income

$111,063

$74,470

COGS

$91,083

$62,528

Tax

$0

$0

 

 

Internet Earnings

$-403,706

$-266,423

Abstract Steadiness Sheet

Money

$356,339

$158,878

Accounts Receivable

$9,431

$4,990

Whole Property

$456,078

$200,099

Brief-Time period Debt

$22,303

$28,520

Lengthy-Time period Debt

$665,902

$0

Whole Liabilities

$688,205

$28,520

Financials as of: 10/26/2022

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Increase Historical past

REJOY 04/30/2023 Wefunder $12,000,000 $0 Convertible Be aware
Energetic
RegCF
REJOY 08/16/2021 Wefunder $8,000,000 $566,109 Convertible Be aware
Funded
RegCF

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