Chandanni Organics
Early Stage
Products and Tools for everyone
Overview
Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Chandanni Organics, with a valuation of $8 million, is raising funds on Castle Placement. It is a lifestyle brand that makes organic skincare and cleansing products and superfoods. The business also offers daily lifestyle tools and educates consumers to navigate through healthy habits. Chandanni Organics makes its products using 100% organic and natural ingredients and employs an omnichannel distribution strategy for its marketing and growth. Chandanni Miglino founded Chandanni Organics in October 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for sales and marketing, general administration, material, inventory, manpower, and facilities.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$43,701 |
$58,624 |
COGS |
$7,526 |
$5,441 |
Tax |
$837 |
$800 |
| ||
| ||
Net Income |
$6,037 |
$10,579 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$13,633 |
$3,054 |
Accounts Receivable |
$635 |
$3,880 |
Total Assets |
$7,596 |
$13,656 |
Short-Term Debt |
$14,827 |
$5,127 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$14,827 |
$5,127 |
Financials as of: 04/09/2023
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