Iconic Motorbikes
Growth Stage
Your trusted source for ANYTHING motorbike related
Analytics
Raised: $409,993
Aggregate Commitments $
Platform
StartEngine
Start Date
05/24/2022
Close Date
08/18/2022
Min. Goal
$9,998
Max. Goal
$1,069,995
Min. Investment
$253
Security Type
Equity - Common
Funding Type
RegCF
Series
Pre-Seed
Price Per Share
$6.67
Pre-Money Valuation
$20,010,000
Rolling Commitments $
Status
Active
Reporting Date
06/25/2022
Days Remaining
54
% of Min. Goal
4,101%
% of Max. Goal
38%
Likelihood of Max
Avg. Daily Raise
$12,812
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Location
Santa Monica, California
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Iconic Motorbikes, with a valuation of $20 million, is raising funds on StartEngine. The company finds the rarest and coolest bikes on the planet and gives them a new life. The business runs an online auction site, service center, and local destination topped off with white-glove services. Iconic Motorbikes has become a trusted name for anything motorbike-related and has sold over 1,000 motorbikes since January 2020. Thomas A Tromp founded Iconic Motorbikes in April 2018. The current crowdfunding campaign has a minimum target of $9,998.33 and a maximum target of $1,069,994.73. The campaign proceeds will be used to scale and meet consumer demand.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$7,419,548 |
$4,954,986 |
|
COGS |
$6,121,604 |
$4,427,427 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-84,764 |
$-52,005 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$34,729 |
$41,731 |
|
Accounts Receivable |
$322,121 |
$158,814 |
|
Total Assets |
$1,721,798 |
$600,600 |
|
Short-Term Debt |
$79,045 |
$108,453 |
|
Long-Term Debt |
$363,900 |
$0 |
|
Total Liabilities |
$442,945 |
$108,453 |
Financials as of: 05/24/2022
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.
Ratings 
