Absinthia’s Bottled Spirits

Absinthia’s Bottled Spirits

Early Stage

The World's Best Tasting Absinthes & Craft Mixers

The World's Best Tasting Absinthes & Craft Mixers

Overview

Raised to Date: Raised: $13,000

Total Commitments ($USD)

Platform

Netcapital

Start Date

03/17/2024

Close Date

06/28/2024

Min. Goal
$10,000
Max. Goal
$618,000
Min. Investment

$99

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$4,800,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/17/2024

Days Remaining

71

% of Min. Goal

130%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$419

Momentum
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Year Founded

2013

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Location

Oakland, California

Absinthia’s Bottled Spirits, with a valuation of $4.8 million, is raising funds on NetCapital. The company makes high-quality and authentic absinthe using special herbs. Absinthia’s Bottled Spirits crafts four award-winning absinthes, including Blanche, Verte, Barrel Aged, and Bleue, using traditional methods and premium ingredients and caters to a specific market niche, along with dispelling misconceptions and providing customer education. The business has received several awards and recognition and aims to expand its distribution further. Jennifer Absinthia Vermut founded Absinthia’s Bottled Spirits in July 2013. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, hiring a sales director, research and development, RTD canned cocktails and mocktails, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$135,090

$113,825

COGS

$65,689

$168,374

Tax

$0

$0

 

 

Net Income

$-93,789

$-278,611

Summary Balance Sheet

FY 2023 FY 2022

Cash

$816

$11,195

Accounts Receivable

$20,786

$6,182

Total Assets

$105,174

$47,244

Short-Term Debt

$9,186

$10,022

Long-Term Debt

$70,891

$74,721

Total Liabilities

$80,077

$84,743

Financials as of: 03/17/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Absinthia’s Bottled Spirits 06/27/2024 Netcapital $4,800,000 $13,000 Equity - Common Active RegCF
Absinthia’s Bottled Spirits 05/30/2019 CrowdFund Mainstreet - $63,500 Revenue Share Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Absinthia’s Bottled Spirits on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,800,000
Price per Share: $1.00

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