Ola Brew
Make History with Hawai’i’s Fastest Growing Brewery
Overview
Raised: $1,982,770
Total Commitments ($USD)
StartEngine
07/18/2023
10/16/2023
$497
Equity - Common
Series A
RegCF
$3.50
$36,674,876
Rolling Commitments ($USD)
Active
09/26/2023
20
13,221%
40%
$28,325
1,094
2015
Alcohol, Tobacco, & Recreational Drugs
Non-Tech
B2B/B2C
Medium
High
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$8,283,212 |
$7,224,150 |
|
COGS |
$5,013,143 |
$4,508,190 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,332,811 |
$-364,531 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$836,374 |
$1,319,702 |
|
Accounts Receivable |
$357,735 |
$295,125 |
|
Total Assets |
$15,724,625 |
$6,846,280 |
|
Short-Term Debt |
$427,734 |
$524,281 |
|
Long-Term Debt |
$8,478,545 |
$1,242,092 |
|
Total Liabilities |
$8,906,279 |
$1,766,373 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Ola Brew | 10/16/2023 | StartEngine | $36,674,876 | $1,982,770 | Equity - Common | Active | RegCF |
| Ola Brew | 11/23/2020 | StartEngine | $19,500,000 | $1,068,325 | Equity - Common | Funded | RegCF |
| Ola Brew | 04/30/2019 | Wefunder | $10,000,000 | $124,756 | Convertible Note | Funded | RegCF |
| Ola Brew | 04/30/2018 | Wefunder | $7,000,000 | $726,380 | Convertible Note | Funded | RegCF |
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