Energy Network Media Group

Energy Network Media Group

Growth Stage

Flagship publication in oil and gas

Flagship publication in oil and gas

Overview

Raised this Round: Raised: $12,850

Total Commitments ($USD)

Platform

Netcapital

Start Date

01/10/2024

Close Date

04/26/2024

Min. Goal
$10,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$100,000,000

Year Founded

2003

Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

San Antonio, Texas

Business Type

Growth

Energy Network Media Group, with a valuation of $100 million, is raising funds on NetCapital. It is a rebrand of Shale Magazine and provides relevant news related to oil and gas. Energy Network Media Group covers top stories in oil and gas from various viewpoints and gives direct access to industry stakeholders. The business has high visibility on digital issues and its website and has grown from one radio station to national syndication. Kym Bolado founded Energy Network Media Group in December 2003. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for the creation of an editorial board, hiring a team of digital experts, marketing, merchandising, and events.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$364,760

$384,123

COGS

$52,572

$38,562

Tax

$0

$0

 

 

Net Income

$21,847

$68,289

Summary Balance Sheet

FY 2022 FY 2021

Cash

$24,020

$23,484

Accounts Receivable

$0

$0

Total Assets

$42,334

$49,470

Short-Term Debt

$1,000

$1,156

Long-Term Debt

$8,876

$27,417

Total Liabilities

$9,876

$28,573

Financials as of: 01/10/2024
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Energy Network Media Group on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $100,000,000
Price per Share: $10.00

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