CubCrafters
Changing the Landscape of Backcountry Aviation
Overview
Year Founded
1986
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
CubCrafters, with a valuation of $150 million, is raising funds on Title3Funds. It is the largest adventure aircraft manufacturer in the world. The company is changing the landscape of backcountry aviation with its superior quality, independent thinking, and industry-leading innovation. CubCrafters has won FAA approval and has an innovative builder-assist program where the company’s personnel guide their customers from fabrication to completion. Patrick Horgan and Bradley Damm founded CubCrafters in 1986. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,000,000. The campaign proceeds will be used for research and development, manufacturing modernization, growth expansion, scaling of operations to demand, and working capital.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$15,287,837 |
$16,803,911 |
COGS |
$11,278,547 |
$11,704,305 |
Tax |
$39,868 |
$0 |
| ||
| ||
Net Income |
$141,541 |
$1,361,372 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$5,425,197 |
$9,437,178 |
Accounts Receivable |
$1,542,367 |
$1,677,120 |
Total Assets |
$26,236,363 |
$22,826,097 |
Short-Term Debt |
$17,965,897 |
$11,800,154 |
Long-Term Debt |
$1,647,280 |
$1,081,539 |
Total Liabilities |
$19,613,177 |
$12,881,693 |
Financials as of: 12/20/2022
Create a free account today to gain access to KingsCrowd analytics.
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.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of CubCrafters? Create your account today to claim this raise page.