NKD Distillery
Early Stage
Real distilled spirits - minus the booze
Overview
Raised: $33,100
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/28/2024
Close Date
07/24/2024
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Convertible Note
Series
Series A
SEC Filing Type
RegCF
Valuation Cap
$6,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/06/2024
Days Remaining
78
% of Min. Goal
66%
% of Max. Goal
27%
Likelihood of Max
Avg. Daily Raise
$334
Momentum
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
NKD Distillery, with a valuation of $6 million, is raising funds on Wefunder. The company makes real distilled spirits without any alcohol. NKD Distillery is one of the top-selling non-alcoholic spirits brands at major SE chains and has four distribution partners. The business reported a 500% year-over-year growth and has been featured in major news outlets, including the Washington Post and Business Insider. Anna Rebecca Gardner founded NKD Distillery in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $600,000. The campaign proceeds will be used for marketing, COGS, and overhead expenses.
Summary Profit and Loss Statement
| FY 2023 | FY 2022 | |
|---|---|---|
|
Revenue |
$97,296 |
$0 |
|
COGS |
$44,621 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-549,348 |
$-253,301 |
Summary Balance Sheet
| FY 2023 | FY 2022 | |
|---|---|---|
|
Cash |
$290,714 |
$588,964 |
|
Accounts Receivable |
$15,389 |
$0 |
|
Total Assets |
$567,406 |
$674,404 |
|
Short-Term Debt |
$14,718 |
$25,815 |
|
Long-Term Debt |
$1,314,326 |
$935,303 |
|
Total Liabilities |
$1,329,044 |
$961,118 |
Financials as of: 01/28/2024
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