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MUTINY ISLAND VODKA BY TWIN CITY ISLAND SPIRITS, INC.
OperatingTwin City Island Spirits, Inc.
Alcohol · Founded 2018
Better cocktails. better planet
Post-money valuation ⓘ
$19.8M
As of Dec 2024 · from Mutiny Island vodka by Twin City Island Spirits, Inc. Common Stock 2 · pre-money + amount raised, not a traded price
Total raised
$1,773,494
Across 2 rounds since 2024
Latest share price
$5.10
Mutiny Island vodka by Twin City Island Spirits, Inc. Common Stock 2 offering price
Financials
FY2021–FY2025 · from SEC filings · hover any figure for its source$921K
−$512K
2021
$1.2M
−$1.2M
2022
$1.4M
−$1.2M
2023
$1.2M
−$1.6M
2024
$1.2M
−$1.7M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021
FY2022
FY2023
FY2024
FY2025
Income statement
Revenue
$920,689
$1,163,398
$1,447,474
$1,235,834
$1,236,936
Cost of goods sold
$351,543
$511,163
$631,381
$540,484
$530,472
Gross margin
62%
56%
56%
56%
57%
Net income
-$512,163
-$1,249,201
-$1,248,555
-$1,593,269
-$1,721,481
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$60,264
$322,365
$979,922
$109,143
$34,532
Accounts receivable
$99,536
$132,781
$194,444
$0
$251,372
Total assets
$3,077,254
$2,979,126
$2,763,872
$2,854,458
$2,934,990
Short-term debt
$748,145
$460,787
$392,787
$301,161
$457,038
Long-term debt
$2,638,111
$2,576,542
$3,665,473
$0
$4,999,376
Total liabilities
$3,386,256
$3,037,329
$4,058,260
$301,161
$5,456,414
Other
Headcount
—
23
23
23
23
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$19.1M
post-money
$19.8M
post-money
Mutiny Island Vodka by Twin City Island Spirits, Inc. Common Stock 1
Mutiny Island vodka by Twin City Island Spirits, Inc. Common Stock 2
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Mutiny Island vodka by Twin City Island Spirits, Inc. Common Stock 2ClosedReg CF · Common Equity · via StartEngine
Raised $664.1K / $3.9MInvestors 499Post-money $19.8M
Mutiny Island Vodka by Twin City Island Spirits, Inc. Common Stock 1ClosedReg CF · Common Equity · via StartEngine
Raised $1.1M / $5MInvestors 624Post-money $19.1M
Reg CF annual-report compliance
Not required3+ reports filed & assets ≤ $10M
Filed 3 of 3 annual reports (FY2023–FY2025)
624 investors
holder-count proxy
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 17 filings on EDGARSource: ManualCIK 0001778032Share price $5.10
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.