The Empowered Cookie

Early Stage
HAVE COOKIES FOR BREAKFAST
Overview
Raised: $55,900
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
112%
% of Max. Goal
45%
Likelihood of Max
Avg. Daily Raise
$1,075
# of Investors
23
Momentum
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
The Empowered Cookie, with a valuation of $3.5 million, is raising funds on Wefunder. The food business makes gourmet products with maximum taste and nutritional value. The flagship product of The Empowered Cookie is its cookies made using vegan protein, contain 25% less sugar than the leading cookies, and taste good. The Empowered Cookie is led by an experienced team and reported a 110% year-over-year revenue growth. Natalia Barr founded The Empowered Cookie in January 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for hiring, marketing, R&D, and COGS.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$191,307 |
$184,508 |
COGS |
$87,511 |
$81,120 |
Tax |
$1,083 |
$479 |
| ||
| ||
Net Income |
$-33,181 |
$-83,243 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$156,172 |
$119,384 |
Accounts Receivable |
$25,426 |
$19,260 |
Total Assets |
$232,694 |
$181,680 |
Short-Term Debt |
$90,932 |
$48,898 |
Long-Term Debt |
$220,810 |
$229,088 |
Total Liabilities |
$311,742 |
$277,986 |
Financials as of: 02/03/2023
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