Enviro Water Minerals Company
Early Stage
Water technology company
Overview
Raised: $104,465
Total Commitments ($USD)
Platform
Netcapital
Start Date
09/15/2023
Close Date
11/14/2023
Min. Goal
$10,000
Max. Goal
$999,900
Min. Investment
$99
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.10
Pre-Money Valuation
$12,651,762
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/28/2023
Days Remaining
47
% of Min. Goal
1,045%
% of Max. Goal
10%
Likelihood of Max
Avg. Daily Raise
$8,036
Momentum
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Year Founded
2013
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Location
Houston, Texas
Enviro Water Minerals Company, with a valuation of $12.65 million, is raising funds on NetCapital. It is a water technology company focused on bringing about game-changing water solutions. Enviro Water Minerals Company’s processes use sustainable desalination for affordable water creation and recovery of all water and minerals for beneficial use. The company’s technology provides high water recovery, avoids disposal issues, and is applicable to a variety of industries. Paul Wallace and Hubble Hausman founded Enviro Water Minerals Company in March 2013. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $999,900. The campaign proceeds will be used for marketing, research and development, and general and administrative expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$15,162 |
$932,669 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-868,187 |
$-83,509 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$406,210 |
$319,860 |
|
Accounts Receivable |
$12,500 |
$124,973 |
|
Total Assets |
$754,140 |
$769,306 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$289,002 |
|
Total Liabilities |
$0 |
$289,002 |
Financials as of: 09/15/2023
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