Love Sun Body
Innovator of the First 100% Cosmos Natural Sunscreens & Application Technology
Analytics
Raised: $140,822
Aggregate Commitments $
Platform
StartEngine
Start Date
07/09/2021
Close Date
01/04/2022
Min. Goal
$9,999
Max. Goal
$535,000
Min. Investment
$330
Security Type
Equity - Common
Funding Type
RegCF
Series
Seed
Price Per Share
$1.10
Pre-Money Valuation
$31,258,306
Rolling Commitments $
Status
Funded
Reporting Date
01/31/2022
Days Remaining
Funded
% of Min. Goal
1,408%
% of Max. Goal
26%
Likelihood of Max
Funded
Avg. Daily Raise
$787
Momentum
Funded
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Location
West Orange, New Jersey
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Love Sun Body, with a pre-money valuation of $31.3 million, is raising crowdfunding on StartEngine. The company has invested and manufactured the first 100% natural Ecocert Cosmos Natural sunscreen and application technology. The sunscreen is natural, non-toxic, and has passed the world’s most rigorous certification processes. Dr. Terry Zickerman founded Love Sun Body in 2012. The proceeds of the current crowdfunding round, with a minimum target of $9,999 and a maximum target of $1,999,999.10, will be used for growth and expansion. Love Sun Body has developed a revolutionary product that is completely safe for the body and the environment.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$134,961 |
$165,785 |
|
COGS |
$54,956 |
$263,727 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-673,408 |
$-811,744 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$94,220 |
$202,736 |
|
Accounts Receivable |
$0 |
$2,155 |
|
Total Assets |
$416,397 |
$396,915 |
|
Short-Term Debt |
$452,481 |
$409,970 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$452,481 |
$409,970 |
Financials as of: 07/09/2021
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