Perimtec

Perimtec

Growth Stage

Fencing Reimagined

Fencing Reimagined

Overview

Raised to Date: Raised: $20,322

Total Commitments ($USD)

Platform

PicMii

Start Date

09/16/2023

Close Date

04/01/2024

Min. Goal
$19,998
Max. Goal
$1,234,998
Min. Investment

$498

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.00

Pre-Money Valuation

$7,177,458

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/06/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$103

Momentum
Not Funded
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Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Bixby, Oklahoma

Business Type

Growth

Perimtec, with a valuation of $7.2 million, is raising funds on PicMii. The company distributes unique and high-end fencing solutions made using high-quality materials. Perimtec is a leader in the fencing industry and sells durable and low-maintenance premium fencing products to homeowners, architects, and construction professionals. The products of Perimtec are versatile and include ranch rail fencing, metal frame fence kits and gate kits, and a vast array of infill options. Scott Hudson founded Perimtec in October 2018. The current crowdfunding campaign has a minimum target of $19,998 and a maximum target of $1.23 million. The campaign proceeds will be used for general operations, marketing, inventory, and warehouses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,312,508

$1,225,150

COGS

$1,743,927

$961,025

Tax

$0

$0

 

 

Net Income

$-16,509

$-151,912

Summary Balance Sheet

FY 2022 FY 2021

Cash

$146,316

$82,741

Accounts Receivable

$8,581

$1,958

Total Assets

$239,892

$141,344

Short-Term Debt

$124,539

$193,596

Long-Term Debt

$255,230

$305,230

Total Liabilities

$379,769

$498,826

Financials as of: 09/16/2023
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Perimtec on PicMii 2023
Platform: PicMii
Security Type: Equity - Common
Valuation: $7,177,458
Price per Share: $6.00

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