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Cheers
OperatingCheers Health, Inc.
Retail & Consumer · Founded 2014
A Leader in Alcohol-Related Health
Post-money valuation ⓘ
$51.3M
As of Oct 2021 · from Cheers Stock 1 · pre-money + amount raised, not a traded price
Total raised
$1,764,919
Across 1 round since 2021
Latest share price
$39.11
Cheers Stock 1 offering price
Financials
FY2019–FY2024 · from SEC filings · hover any figure for its source$8.2M
−$352K
2019
$10.4M
$1.7M
2020
$8.7M
$924K
2021
$7.9M
$819K
2022
$8.4M
$697K
2023
$15.0M
$250K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$8,217,412
$10,417,210
$8,687,066
$7,852,530
$8,438,042
$15,002,002
Cost of goods sold
$1,659,732
$1,953,775
$1,683,169
$1,671,223
$1,969,675
$3,090,729
Gross margin
80%
81%
81%
79%
77%
79%
Net income
-$352,480
$1,711,476
$923,755
$819,014
$697,116
$249,757
Taxes paid
$3,197
$11,470
$215,224
$296,230
$244,396
$171,870
Balance sheet
Cash
$577,550
$2,182,487
$4,533,668
$2,310,540
$3,198,186
$3,051,023
Accounts receivable
$0
$0
$6,696
$6,970
$41,704
$283,000
Total assets
$2,058,765
$3,521,891
$5,939,104
$6,236,046
$7,115,881
$7,282,278
Short-term debt
$469,375
$79,125
$144,274
$121,778
$303,677
$222,335
Long-term debt
$683,371
$825,271
$775,082
$182,731
$175,238
$168,465
Total liabilities
$1,152,746
$904,396
$919,356
$304,509
$478,915
$390,800
Other
Headcount
—
11
11
11
21
28
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$51.3M
post-money
Cheers Stock 1
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
Raised $1.8M / $5MInvestors 1,600Post-money $51.3M
Reg CF annual-report compliance
Not required3+ reports filed & assets ≤ $10M
Filed 4 of 5 annual reports (FY2021–FY2025)
1,600 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
Source: ManualCIK 0001862090Share price $39.11
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.