$20,000,000
09/15/2022
Los Angeles, California
Meals, Beverage, & Eating places
The Plug Drink, with a valuation of $20 million, is elevating funds on ALAO Make investments. The corporate makes and sells an all-natural plant-based purposeful restoration beverage with electrolytes. The formulation of Plug Drink is a science-backed proprietary mix of 13 vegetation, flowers, and fruits and is designed to enhance metabolism and optimize life-style and productiveness ranges. The Plug Drink generated $1.1 million in gross sales in 2021, up by 500% year-over-year. Ray Kim, Justin Kim, and Peter Kim based The Plug Drink in April 2019. The present crowdfunding marketing campaign has a minimal goal of $25,000 and a most goal of $1,070,000. The marketing campaign proceeds shall be used for workforce and human capital assist, advertising and tradespend, and working capital.
Abstract Revenue and Loss Assertion
|
Income |
$1,005,238 |
$217,942 |
|
COGS |
$391,277 |
$96,296 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Internet Earnings |
$-1,082,710 |
$-447,525 |
Abstract Steadiness Sheet
|
Money |
$311,226 |
$21,268 |
|
Accounts Receivable |
$0 |
$0 |
|
Complete Property |
$483,125 |
$53,629 |
|
Quick-Time period Debt |
$127,158 |
$0 |
|
Lengthy-Time period Debt |
$0 |
$0 |
|
Complete Liabilities |
$127,158 |
$0 |
Financials as of: 08/23/2022
