Einstok Beer Company
Growth Stage
Drink. Conquer. Repeat.
Overview
Raised: $1,069,995
Total Commitments ($USD)
Platform
StartEngine
Start Date
05/08/2022
Close Date
01/02/2023
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$45,002,250
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$4,496
# of Investors
1,210
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2022
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Einstok Beer Company, with a valuation of $45 million, is raising funds on StartEngine. The company makes premium craft brews derived from Icelandic heritage. The Icelandic beers of Einstok Beer Company are made using pure glacial water and have garnered international acclaim. The flagship product of Einstok Beer Company, Icelandic White Ale, is made using a classic Belgian-style witbier recipe and has a perfect balance of orange peel and coriander. David R. Altshuler founded Einstok Beer Company in January 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$6,349,598 |
$5,591,371 |
|
COGS |
$4,809,198 |
$3,898,449 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-33,138 |
$2,891 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$78,014 |
$196,817 |
|
Accounts Receivable |
$705,780 |
$445,899 |
|
Total Assets |
$1,644,487 |
$1,380,923 |
|
Short-Term Debt |
$1,962,213 |
$1,613,516 |
|
Long-Term Debt |
$935,923 |
$987,918 |
|
Total Liabilities |
$2,898,136 |
$2,601,434 |
Financials as of: 05/08/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.