Sky Limit Energy

Sky Limit Energy

Growth Stage

Sky Limit Energy

Sky Limit Energy

Overview

Funding data not publicly available
Platform

Self Managed

Start Date

08/19/2021

Close Date

Not Provided

Min. Goal
$10,000
Max. Goal
$20,000,000
Min. Investment

$10,000

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$80,000,000

Year Founded

2016

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

South El Monte, California

Business Type

Growth

Sky Limit Energy is raising funds independently through Reg A+ crowdfunding. The company provides one-stop energy services for residential and commercial properties. It provides clean energy solutions, including solar installation, electrical EV, roofing, and general builder services. Sky Limit Energy is also focusing on the research and development of recycled electric vehicle lithium batteries. Mark Senelath founded Sky Limit Energy in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for marketing and advertising, research and development, working capital, inventory, rent, utilities, and employee compensation.

Balance Sheet

Cash and Cash Equivalents

$190,790

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$105,624

Property and Equipment

$0

Total Assets

$303,256

Accounts Payable & Accrued Liabilities

$100,116

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$433,033

Total Liabilities

$929,364

Total Stockholders' Equity

$-626,108

Total Liabilities and Equity

$303,256

Statement of Comprehensive Income Information

Total Revenues

$4,218,032

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$3,146,738

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$196,607

Earnings Per Share - Basic

$-19.66

Earnings Per Share - Diluted

$-19.66

Auditor: Daszkal Bolton Accountants and Advisors
Financials as of: 08/19/2021
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Sky Limit Energy on Self Managed 2021
Platform: Self Managed
Security Type: Equity - Common
Valuation: $80,000,000
Price per Share: $1.00

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