Splish Naturals
Early Stage
Everyone Deserves Wellness
Overview
Raised: $3,900
Total Commitments ($USD)
Platform
Silicon Prairie Online
Start Date
09/19/2023
Close Date
05/01/2024
Min. Goal
$10,000
Max. Goal
$150,000
Min. Investment
$200
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$19,207,760
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
05/01/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$17
# of Investors
8
Momentum
Not Funded
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Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Splish Naturals is raising funds on Silicon Prairie Online. The company makes consumer and retailer products that help in the reduction of pain, inflammation, and cramping. Splish Naturals products are made using all-natural plant extracts that are safe to use and highly effective. The products of Splish Naturals are mainly used by athletes, pilots, first responders, and other people in pain. Matt Walsh founded Splish Naturals in November 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $1.2 million. The campaign proceeds will be used for growing brand awareness and sales and strengthening the supply chain.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$81,098 |
$49,176 |
|
COGS |
$11,418 |
$16,911 |
|
Tax |
$499 |
$207 |
| ||
| ||
|
Net Income |
$-111,703 |
$-22,972 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$20,288 |
$11,928 |
|
Accounts Receivable |
$5,223 |
$6,926 |
|
Total Assets |
$98,606 |
$54,587 |
|
Short-Term Debt |
$22,121 |
$13,291 |
|
Long-Term Debt |
$10,388 |
$17,288 |
|
Total Liabilities |
$32,510 |
$30,578 |
Financials as of: 09/19/2023
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