Hardball Cider

Early Stage
Grown, Pressed, Hardened.
Overview
Raised: $91,453
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
45
% of Min. Goal
915%
% of Max. Goal
7%
Likelihood of Max
Avg. Daily Raise
$2,231
# of Investors
101
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2015
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Hardball Cider, with a valuation of $8 million, is raising funds on StartEngine. It is a craft beverage company that makes and sells a portfolio of hard ciders in Pennsylvania and New Jersey. The offerings of Hardball Cider include year-round and rotational craft ciders that are handcrafted on the company’s farm and taste authentic and delicious. Hardball Cider has a loyal customer base and sells through retail outlets, restaurants, ballparks, and tap houses. Geoffrey T. Deen founded Hardball Cider in April 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for research and development, inventory, company employment, working capital, and facilities.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$516,237 |
$412,992 |
COGS |
$225,233 |
$135,055 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-59,904 |
$117,766 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$27,307 |
$6,402 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$227,899 |
$216,104 |
Short-Term Debt |
$335,715 |
$35,088 |
Long-Term Debt |
$201,295 |
$207,397 |
Total Liabilities |
$537,010 |
$242,485 |
Financials as of: 02/14/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of Hardball Cider? Create your account today to claim this raise page.