HomeLoans to built creditWray on SeedInvest 2022 - KingsCrowd

Wray on SeedInvest 2022 – KingsCrowd


Safety Kind

Convertible Be aware

Funding Kind

RegCF
/ RegD 506(c)

Reporting Date

12/07/2022

Chance of Max

Momentum

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Location

Brooklyn, New York

Business

Attire & Vogue

Wray, with a valuation of $8 million, is elevating funds on SeedInvest. It’s a size-inclusive style model for ladies that gives high-quality and accessible luxurious style. The enterprise produces its garments ethically, in one of the size-inclusive sizes, and on the best costs. Wray has reported $2.9 million in gross sales within the final one year, with 259% year-over-year gross sales progress since 2018 and a repeat buyer charge of 59%. Wray Serna and Bradford Stephens based Wray in June 2015. The present crowdfunding marketing campaign has a minimal RegCF goal of $25,000, a minimal elevate goal of $250,000, and a most goal of $1.24 million. The marketing campaign proceeds might be used for product, progress advertising and marketing, staffing, and debt restructuring.

Abstract Revenue and Loss Assertion

Income

$1,772,810

$718,712

COGS

$492,029

$290,008

Tax

$0

$0

 

 

Internet Earnings

$56,100

$77,219

Abstract Steadiness Sheet

Money

$58,597

$82,013

Accounts Receivable

$0

$0

Complete Property

$1,070,147

$399,962

Brief-Time period Debt

$503,767

$331,415

Lengthy-Time period Debt

$322,697

$157,556

Complete Liabilities

$826,464

$488,971

Financials as of: 12/07/2022

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