FIREDISC

Growth Stage

Fire it up and Gather 'Round

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/15/2022

Close Date

01/21/2023

Min. Goal

$9,999

Max. Goal

$1,234,997

Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.66

Pre-Money Valuation

$25,500,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/21/2023

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Katy, Texas

Business Type

Growth

Company Website

FIREDISC, with a valuation of $25.5 million, is raising funds on StartEngine. The company designs, manufactures, distributes, and sells premium outdoor cooking products. The products of FIREDISC include heavy-duty utensils, portable propane cookers, and durable accessories that make outdoor cooking easy, fun, and accessible. FIREDISC has generated $15.7 million in gross revenue since its launch and has a powerful following of brand loyalists. Hunter Jaggard and Griff Jaggard founded FIREDISC in October 2022. The current crowdfunding campaign has a minimum target of $9,999.12 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, inventory, advertising, and new product development.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$4,056,078

$3,590,575

COGS

$1,692,220

$1,612,648

Tax

$0

$0

 

 

Net Income

$-1,461,140

$-1,856,824

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$392,035

$227,404

Accounts Receivable

$44,908

$121,374

Total Assets

$1,485,036

$1,985,713

Short-Term Debt

$2,814,878

$2,022,755

Long-Term Debt

$121,341

$142,000

Total Liabilities

$2,936,219

$2,164,755
Financials as of: 11/15/2022
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FIREDISC on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,500,000

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