FitJab

FitJab

Early Stage

FitJab aims to be the premier muslim-friendly fitness application for women.

FitJab aims to be the premier muslim-friendly fitness application for women.

Overview

Raised to Date: Raised: $12,948

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/14/2022

Close Date

03/14/2024

Min. Goal
$10,002
Max. Goal
$1,004,423
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.27

Pre-Money Valuation

$19,402,410

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/02/2024

Days Remaining

12

% of Min. Goal

129%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$29

Momentum
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Year Founded

2019

Industry

Fitness & Wellness

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

FitJab, with a valuation of $19,402,410, is raising funds on Netcapital. They are bringing health and wellness products to women, striving to empower them, increase their independence, and strengthen both their bodies and their self-esteem. Through their app, they want to give every muslim woman around the world the opportunity to stay fit anywhere, even in her own home! Eric Abdykalykov and Nikita Ryjih founded FitJab in March 2019. The current crowdfunding campaign has a minimum target of $10,001.62 and a maximum target of $1,004,422.79. The campaign proceeds will be used for hiring, content development, digital marketing, software and web development, localization and Inventory Production of Distribution.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$34,947

$32,552

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-35,327

$-18,672

Summary Balance Sheet

FY 2022 FY 2021

Cash

$235

$3,887

Accounts Receivable

$0

$0

Total Assets

$235

$3,887

Short-Term Debt

$0

$0

Long-Term Debt

$30,000

$5,000

Total Liabilities

$30,000

$5,000

Financials as of: 12/14/2022
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FitJab on Netcapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $19,402,410
Price per Share: $2.27

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