Black Sands Entertainment
The most popular independent black comic book publisher in the nation!
Overview
Raised: $894,902
Total Commitments ($USD)
Rolling Commitments ($USD)
Active
06/10/2023
324
895%
45%
$14,915
1,914
2016
Media, Entertainment & Publishing
Non-Tech
B2C
High
Low
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$807,509 |
$1,050,818 |
COGS |
$224,092 |
$299,117 |
Tax |
$13,141 |
$6,758 |
| ||
| ||
Net Income |
$-539,742 |
$-310,557 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$827,052 |
$788,210 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$895,792 |
$1,201,939 |
Short-Term Debt |
$42,957 |
$73,169 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$42,957 |
$73,169 |
Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Black Sands Entertainment | 04/29/2024 | Wefunder | $39,958,116 | $894,902 | Equity - Preferred | Active | RegCF |
Black Sands Entertainment | 12/13/2020 | Wefunder | $9,800,000 | $1,026,413 | Equity - Preferred | Funded | RegCF |
Black Sands Entertainment | 02/13/2020 | Wefunder | $4,500,000 | $480,000 | Equity - Preferred | Funded | RegCF |
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Company Updates
Diversity and representation in fictional content is essential for most fans. Creating characters with various ethnicities and backgrounds is not just a matter of representing reality. It also helps media consumers identify with characters, dream big about their future, and develop empathy and respect for differences.
To resolve the lack of representation of black characters in comic books, Black Sands Entertainment creates various comics featuring black characters. The company’s early traction and the positive trends of the market made it a Deal to Watch during its two last raises, which closed in February and December 2020, respectively. I reached out to Black Sands Entertainment founder and CEO Manuel Godoy to learn more about the company’s progress over the last 2 1/2 years.