REVO Powertrains on StartEngine 2022

0
3


Safety Kind

Fairness – Most well-liked

Pre-Cash Valuation

$64,946,578

Reporting Date

12/14/2022

Chance of Max

unlikely

Momentum

cool.svg

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Location

Alameda, California

Business

Power, Energy, & Pure Assets

REVO Powertrains, with a valuation of $64.95 million, is elevating funds on StartEngine. The corporate has created the core know-how to repower already present vans and buses into electrical autos. The enterprise has created Powertrain-in-a-Crate kits for promoting to automobile service firms that assist convert diesel autos into zero-emission full-battery electrical autos. REVO Powertrains is led by an skilled group and has ten issued patents and two pending patents. Kevin Landis based REVO Powertrains in January 2005. The present crowdfunding marketing campaign has a minimal goal of $9,999.84 and a most goal of $1.23 million. The marketing campaign proceeds shall be used to launch commercially.

Abstract Revenue and Loss Assertion

Income

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Internet Revenue

$-13,748,238

$-10,300,084

Abstract Steadiness Sheet

Money

$1,535,464

$2,037,974

Accounts Receivable

$0

$0

Complete Belongings

$4,581,463

$6,322,497

Quick-Time period Debt

$31,934,883

$18,841,360

Lengthy-Time period Debt

$0

$0

Complete Liabilities

$31,934,883

$18,841,360

Financials as of: 12/13/2022

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