Scripx Pharmacy & Well being on Republic 2022

Analytics

Raised to Date:
Raised:

$6,350

Valuation Cap

$12,000,000

Reporting Date

11/29/2022

Chance of Max

Momentum

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Trade

Healthcare & Prescription drugs

Scripx Pharmacy & Well being, with a valuation of $12 million, is elevating funds on Republic. It’s an on-demand supply pharmacy service. The enterprise is customer-centric and makes use of superior expertise to ship, handle, and administer pharmacy companies. The customers can switch their refills or new prescriptions to Scripx and get them delivered at their comfort. Scripx Pharmacy & Well being reported a 300% enhance in prescriptions delivered because the finish of 2020 and a 250% income development from 2020 to 2021. Jon Eaton based Scripx Pharmacy & Well being in March 2021. The present crowdfunding marketing campaign has a minimal goal of $25,000 and a most goal of $1,070,000. The marketing campaign proceeds might be used for growth to new areas, advertising, and new partnerships.

Abstract Revenue and Loss Assertion

Income	$1,910,831	$557,891
COGS	$1,928,213	$453,488
Tax	$0	$0
Web Earnings	$-372,099	$-126,692

Abstract Stability Sheet

Money	$63,513	$6,579
Accounts Receivable	$119,000	$85,476
Whole Property	$940,877	$218,821
Quick-Time period Debt	$333,389	$131,483
Lengthy-Time period Debt	$761,455	$7,872
Whole Liabilities	$1,094,844	$139,355

Financials as of: 08/24/2022

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Scripx is following within the footsteps of NowRx and Capsule. It’s a Dallas-based digital pharmacy working throughout the Dallas-Fort Value metropolitan space. Scripx gives prescription success and supply in addition to restricted telehealth companies. Prospects can use the corporate’s cell app to add insurance coverage paperwork, observe their prescriptions, and order refills. However there are some things traders ought to contemplate earlier than investing in a duplicative firm like Scripx. Quite than blazing a brand new path, it’s following the drug supply service playbook created by NowRX and Capsule. And that comes with its personal combine of benefits and drawbacks.

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