SupChina on Wefunder 2022 – KingsCrowd

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SupChina on Wefunder 2022 – KingsCrowd


Safety Sort

Fairness – Frequent

Pre-Cash Valuation

$41,453,216

Reporting Date

12/04/2022

Probability of Max

unlikely

Momentum

cold.svg

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Location

New York, New York

Business

Media, Leisure & Publishing

SupChina, with a valuation of $41.5 million, is elevating funds on Wefunder. It’s a multimedia and enterprise platform that helps the world perceive China higher by masking all of the information concerning the nation. The omni-platform covers China with out worry or favor and lets the world find out about its enterprise, tradition, politics, and society. SupChina reported a 55% year-over-year subscription income development over the previous three years, an 86% subscription renewal fee, and over 3 million month-to-month net, social, and video audiences. Anla Cheng based SupChina in August 2015. The present crowdfunding marketing campaign has a minimal goal of $50,002 and a most goal of $3.5 million. The marketing campaign proceeds can be used for content material, information and analytics, gross sales and advertising, expertise and product improvement, and common admin bills.

Abstract Revenue and Loss Assertion

Income

$1,078,197

$531,220

COGS

$18,876

$15,885

Tax

$0

$0

 

 

Web Earnings

$-1,133,057

$-1,595,499

Abstract Stability Sheet

Money

$934,954

$303,707

Accounts Receivable

$7,364

$90

Complete Belongings

$948,054

$310,163

Brief-Time period Debt

$2,079,171

$2,351,474

Lengthy-Time period Debt

$6,398,763

$5,159,303

Complete Liabilities

$8,477,934

$7,510,777

Financials as of: 12/02/2022

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Increase Historical past

SupChina 04/30/2023 Wefunder $41,453,216 $0 Fairness – Frequent
Energetic
RegCF
SupChina 04/30/2022 Dalmore Group $45,000,000 $1,466,814 Fairness – Frequent
Funded
RegCF

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