Full Circle Brewing

Full Circle Brewing

Growth Stage

Craft brewery

Craft brewery

Overview

Raised to Date: Raised: $686,816

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/20/2020

Close Date

04/30/2022

Min. Goal
$9,997
Max. Goal
$4,999,999
Min. Investment

$244

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.09

Pre-Money Valuation

$25,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,235

# of Investors

843

Momentum
Funded
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Year Founded

1998

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Fresno, California

Business Type

Life Style

Full Circle Brewing, with a pre-money valuation of $25 million, is raising crowdfunding on StartEngine. It is a brewery that crafts high-quality, flavorful beers. The beer comes in flavors like cream soda, pies, and milkshakes, and connects to people. The eye-catching branding of the beer cans also appeals to the customers. Full Circle Brewing was founded in 1998 and is currently owned by Arthur Moye. The current crowdfunding round has a minimum raise of $9,996.76 and a maximum raise of $534,948.82, and the proceeds will be used to expand the brewing capacity and grow the distribution network. Full Circle Brewing has received an overwhelming response to its ‘Illa’ series, including Strawberry, Blueberry, and Vanilla Illa.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,387,367

$602,284

COGS

$678,584

$215,528

Tax

$80,791

$59,865

 

 

Net Income

$-579,172

$-294,753

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$96,199

$79,505

Accounts Receivable

$24,141

$47,754

Total Assets

$1,098,667

$988,425

Short-Term Debt

$261,644

$390,961

Long-Term Debt

$1,182,574

$691,343

Total Liabilities

$1,444,218

$1,082,304

Financials as of: 10/20/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Full Circle Brewing 04/25/2023 StartEngine $34,809,118 $144,064 Equity - Common Funded RegCF
Full Circle Brewing 04/29/2022 StartEngine $25,000,000 $686,816 Equity - Common Funded RegCF
Full Circle Brewing 08/31/2018 Wefunder $4,480,000 $53,077 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Full Circle Brewing on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $25,000,000
Price per Share: $5.09

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