Crowdonomics
All companies
BOYD Cycling logo

BOYD Cycling

Operating

Boydbikes Inc

Sports & Recreation · Greenville, SC

Post-money valuation ⓘ
$6.8M
As of Oct 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$1,074,500
Crowd $575K · Private $500K · 2 rounds since 2024
Latest share price
$25.00
Reg CF · Preferred Stock · Aug 2024 offering price

Financials

FY2022–FY2025 · from SEC filings · hover any figure for its source
$1.6M
−$24K
2022
$1.3M
−$43K
2023
$1.3M
−$43K
2024
$1.1M
−$204K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022 audited*
FY2023 audited*
FY2024
FY2025
Income statement
Revenue
$1,582,292
$1,297,262
$1,297,262
$1,124,733
Cost of goods sold
$789,704
$645,240
$645,240
$631,210
Gross margin
50%
50%
50%
44%
Net income
-$24,211
-$43,099
-$43,099
-$203,918
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$110,016
$130,598
$130,598
$534,098
Accounts receivable
$23,822
$18,893
$18,893
-$17,625
Total assets
$903,770
$877,859
$877,859
$1,279,841
Short-term debt
$131,753
$31,099
$31,099
$97,420
Long-term debt
$675,851
$477,115
$477,115
$503,411
Total liabilities
$807,604
$508,214
$508,214
$600,831
Other
Headcount
—
9
11
11

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$6.2M
pre-money
Reg CF · Preferred · Aug 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Principal holders% as the filing states it, Jun 10, 2026

  • Boyd Johnson42.3%of company
  • Nicole Johnson42.3%of company

Sold to the crowd

  • Reg CF · Aug 202422,980 Shares of Series A Preferred Stock and Nonvoting Common Stock at $25.00$574.5K

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $500KInvestors 2
Raised $574.5K / $5MPost-money $6.8M

Team

1 person
Boyd Johnson
CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 2 of 2 annual reports (FY2024–FY2025)

2 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

  • Form C-TRJun 10, 20260002030191-26-000007
    EDGAR
  • Form C-ARJun 10, 20260002030191-26-000006
    EDGAR
  • Form C-ARJun 10, 20260002030191-26-000003
    EDGAR
  • Form DSep 19, 20250002030191-25-000002
    EDGAR
  • Form C/ANov 25, 20240001821982-24-000020
    EDGAR
  • Form C/AOct 15, 20240001821982-24-000016
    EDGAR
  • Form CAug 20, 20240001821982-24-000014
    EDGAR
Source: SEC EDGARCIK 0002030191SCShare price $25.00Last synced Aug 17, 2026

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.