Connection Publishing
A community magazine company
Analytics
Raised: $0
Aggregate Commitments $
Platform
Mr. Crowd
Start Date
06/22/2020
Close Date
11/29/2020
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Equity - Common
Funding Type
RegCF
Series
Seed
Pre-Money Valuation
$2,400,000
Rolling Commitments $
Status
Not Funded
Reporting Date
11/29/2020
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Location
North Odgen, Utah
Industry
Media, Entertainment & Publishing
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Connection Publishing, with a pre-money valuation of $2.4 million, is raising funds on Mr. Crowd. It is a magazine company that works with cities to replace their traditional newsletters with full-featured news magazines. The magazines carry the official news of the city, in addition to engaging stories from the local community. Connection Publishing was founded by Melissa Spelts and Ryan Spelts in 2016. The current round of crowdfunding of the company has a minimum goal of $10,000 and a maximum goal of $107,000. The proceeds will be used to expand to new cities and communities. Connection Publishing has been profitable in the past two fiscal years, with revenue growth of 57% in 2018. The company is creating connections in the communities, in addition to providing the news and important information.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$305,370 |
$194,238 |
|
COGS |
$36,318 |
$9,071 |
|
Tax |
$726 |
$0 |
| ||
| ||
|
Net Income |
$25,453 |
$34,704 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$770 |
$11,083 |
|
Accounts Receivable |
$21,294 |
$13,298 |
|
Total Assets |
$22,064 |
$24,381 |
|
Short-Term Debt |
$34,922 |
$29,440 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$34,922 |
$29,440 |
Financials as of: 06/22/2020
Create a free account today to gain access to KingsCrowd analytics.
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Connection Publishing | 11/29/2020 | Mr. Crowd | $2,400,000 | $0 | Equity - Common | Not Funded | RegCF |
| Connection Publishing | 05/01/2020 | Mr. Crowd | $2,400,000 | $0 | Equity - Common | Not Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
