Death Comes Lifting

Health and Wellness
Overview
Raised: $16,025
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/28/2023
Days Remaining
4
% of Min. Goal
64%
% of Max. Goal
32%
Likelihood of Max
Avg. Daily Raise
$391
# of Investors
18
Momentum
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Year Founded
2017
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Death Comes Lifting is raising funds on Honeycomb. The company is bringing health and fitness to people with a punk-rock attitude. Death Comes Lifting offers fitness programs, personal training, classes, virtual coaching, and a line of clothing products and accessories for fitness enthusiasts. The business also supports local artists by representing their artwork on their clothing and aims to provide a platform and support system for all artists, athletes, and musicians. Zak Bellante founded Death Comes Lifting in July 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for a business van, upgradation of the conventional booth display, inventory, debt and employee payback, and working capital.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$24,724 |
$15,429 |
COGS |
$10,000 |
$6,722 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$10,814 |
$2,594 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$5,639 |
$2,352 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$19,326 |
$12,908 |
Short-Term Debt |
$3,522 |
$1,775 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$3,522 |
$1,775 |
Financials as of: 08/18/2023
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