Henna Sooq
Growth Stage
Beauty Products
Analytics
Raised: $5,150
Aggregate Commitments $
Platform
Honeycomb
Start Date
05/13/2022
Close Date
06/27/2022
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Debt
Funding Type
RegCF
Series
Pre-Seed
Rolling Commitments $
Status
Active
Reporting Date
05/27/2022
Days Remaining
31
% of Min. Goal
10%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$368
Momentum
Log in or create a free account today to gain access to KingsCrowd analytics.
Location
Columbia, Maryland
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Henna Sooq is raising funds on Honeycomb. It is a natural hair care company in Columbia, Maryland. The business helps men and women color their hair naturally with henna-based products, including henna dyes, herbal hair care masks, and hair care treatments. Henna Sooq products are all-natural and free of chemicals and work on the self-confidence and well-being of men and women. Khadija Carryl founded Henna Sooq in February 2011. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for a new retail space, salon equipment, production equipment, and expansion of the shipping department.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,763,016 |
$1,142,109 |
|
COGS |
$758,535 |
$555,878 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$442,912 |
$256,725 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$205,920 |
$212,341 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$209,287 |
$219,427 |
|
Short-Term Debt |
$101,499 |
$61,313 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$101,499 |
$61,313 |
Financials as of: 05/13/2022
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$8.33 /month
billed annually - Free portfolio tracking. Limited reports and filters.
- Plan Includes:
- Everything in Free, plus
- Advanced company search ( limited filters)
- Founder profiles and exclusive webinars
- 2 Analyst Reports per month
- Get Starter Annual
Starter
-
$25 /month
billed annually - Unlimited analyst reports and market analytics.
- Plan Includes:
- Everything in Starter, plus
- Full access to all Analyst Reports
- Filter on Analyst Reports (e.g. Top Deal, Deal to Watch, etc.)
- Market Analytics
- Get Pro Annual
Pro
-
$41.67 /month
billed annually - Full site access including KingsCrowd ratings.
- Plan Includes:
- Everything in Pro, plus
- Search and filter companies by KingsCrowd ratings
- Company specific
KingsCrowd rating and risk assessment
- Get Merlin Annual
Merlin
Already a member? Log in here.