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COLORS Worldwide dba R&B ONLY logo

COLORS Worldwide dba R&B ONLY

Operating

Colors Worldwide, Inc.

Transportation · Los Angeles, CA · Founded 2015

Amplifying the R&B genre.

Post-money valuation ⓘ
$25.3M
As of Oct 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$263,206
Across 1 round since 2021
Latest share price
$2.50
Reg CF · Common Stock · Feb 2021 offering price

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$2.2M
−$736K
2019
$1.1M
−$53K
2020
$1.2M
$707K
2021
$3.9M
−$455K
2022
$12.4M
$935K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2021
FY2022
FY2023
Income statement
Revenue
$2,234,745
$1,120,713
$1,177,072
$3,923,769
$12,383,369
Cost of goods sold
$0
$0
$1,991
$51,673
$75,215
Gross margin
100%
100%
100%
99%
99%
Net income
-$736,400
-$52,624
$707,257
-$455,472
$934,527
Taxes paid
$9,328
$402
$2,661
$102,227
$861,555
Balance sheet
Cash
$8,441
$4,525
$460,744
$463,870
$501,005
Accounts receivable
$0
$0
$0
$0
$0
Total assets
$93,998
$76,958
$633,086
$710,212
$1,153,673
Short-term debt
$650,121
$596,121
$44,409
$560,747
$248,748
Long-term debt
$575,080
$702,680
$567,210
$443,378
$308,848
Total liabilities
$1,225,201
$1,298,801
$611,619
$1,004,125
$557,596
Other
Headcount
6
6
6
—
12

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
$25.0M
pre-money
Reg CF · Common · Feb 2021

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

Fundraising history

Raised $263.2K / $1.1MInvestors 550Post-money $25.3M

Team

6 people
Jabari JohnsonFounder
Founder/CEO

Jabari Johnson, a Howard University graduate, began his career as a content creator interviewing globally recognized artists and entertainers. His deep passion for music and success with digital video landed him his first official role in entertainment at Capitol Records. His drive to pursue entrepreneurship resulted in the launch of his company, COLORS Worldwide, in 2015. Shortly after, R&B ONLY was born and his dream to provide opportunities for music enthusiasts at scale was actualized.

Belva Anakwenze
Accounting Manager

Belva Anakwenze is an experienced business manager. She currently creates and executes accounting systems and oversees company compliance.

Keegan Sly
Creative Programmer

Keegan Sly began his production career at 12 years old operating the audio for his middle school theater program. He expanded his skills into many aspects of production including programming, lighting, and visuals. At just 20 years old, he has worked as an assistant programmer, lighting director, or video jockey (VJ) for artists such as Martin Garrix, Doja Cat, Russ, Elohim, Graves, and Kenny Beats. Currently, Keegan’s creativity shines in R&B ONLY’s visuals and lighting for our in-person and digital events.

Mario Allen
Production Coordinator

Mario Allen began his career in entertainment as R&B ONLY’s tour van driver and stagehand. His exposure to the endless possibilities of live event production birthed a passion to excel in his newfound career. He quickly learned how to manage large scale stage production in concert venues ranging from 500 - 5,000 capacities. Mario now works as our production coordinator for in-person and digital events.

Sebastian Hoskins
General Counsel

Sebastian Hoskins is a seasoned entertainment industry attorney. His expertise in finance, entertainment, and media are applied across the vast scope of our company’s offerings.

Sonia Ramos
Operations Director

Sonia Ramos, a graduate of the University of California, Riverside, interned and worked on the board that programmed campus entertainment throughout her entire college career. Upon graduation, she was hired as an administrative assistant. Due to her ability to learn, adapt, and execute within our high growth company, she has propelled into the role of an operations director in just over three years.

Names and titles as disclosed on SEC Form C, StartEngine. 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 3 of 6 annual reports (FY2020–FY2025)

550 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRFeb 26, 20260001847609-26-000001
    EDGAR
  • Form C-ARApr 26, 20240001665160-24-000583
    EDGAR
  • Form C-ARMay 2, 20220001665160-22-001443
    EDGAR
  • Form C-UMar 2, 20220001665160-22-000371
    EDGAR
  • Form C-UOct 22, 20210001665160-21-001862
    EDGAR
  • Form C/AJul 20, 20210001665160-21-001283
    EDGAR
  • Form C-AR/AJun 21, 20210001665160-21-001104
    EDGAR
  • Form C-ARApr 28, 20210001665160-21-000613
    EDGAR
Source: ManualCIK 0001847609CAShare price $2.50

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.