FinLitX
FinLitX is an autonomous app that teaches financial literacy without the need of human interaction.
Overview
Raised: $41,255
Total Commitments ($USD)
Netcapital
03/05/2021
04/29/2022
$100
Equity - Common
Pre-Seed
RegCF
$5.00
$10,000,000
2014
Education, Training, & Coaching
EdTech
B2B/B2C
Medium
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$519,070 |
$844,014 |
|
COGS |
$445,339 |
$768,102 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,654,752 |
$47,075 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$148,677 |
$102,214 |
|
Accounts Receivable |
$695,896 |
$772,457 |
|
Total Assets |
$1,354,332 |
$1,384,430 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$1,225,000 |
$1,296,022 |
|
Total Liabilities |
$1,225,000 |
$1,296,022 |
Raise History
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| FinLitX | 04/29/2022 | Netcapital | $10,000,000 | $41,255 | Equity - Common | Funded | RegCF |
No prior online funding rounds.
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