FitJab
Early Stage
FitJab aims to be the premier muslim-friendly fitness application for women.
Overview
Raised: $12,948
Total Commitments ($USD)
Platform
Netcapital
Start Date
12/14/2022
Close Date
03/15/2024
Min. Goal
$10,002
Max. Goal
$1,004,423
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.27
Pre-Money Valuation
$19,402,410
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$28
Momentum
Funded
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Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
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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