Joanna’s Premium Tonic Syrups
Tonic syrups
Overview
Raised: $35,900
Total Commitments ($USD)
Platform
MainVest
Start Date
07/29/2021
Close Date
12/10/2021
Min. Goal
$30,000
Max. Goal
$60,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.80X
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$270
# of Investors
66
Momentum
Funded
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Year Founded
2018
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
High
Joanna’s Premium Tonic Syrups, the maker of organic tonic syrups in Iowa City, IA, is raising funds on MainVest. The company makes tonic syrups in two flavors, including Joanna’s Original and Orange Fennel. The tonic syrups are produced in small batches using carefully selected ingredients and pair well with practically any spirit. Joanna Mouming founded Joanna’s Premium Tonic Syrups in April 2018. The current crowdfunding round has a minimum target of $40,000 and a maximum target of $60,000, and the funds will be used to expand production capabilities by moving to a co-packer. Joanna’s Premium Tonic Syrups showcases its products at farmers’ markets and also sells through popups at different locations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$56,445 |
$40,403 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-959 |
$-78,772 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 07/29/2021
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