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Drifter Spirits
OperatingAvua Corp
Founded 2011
Craft spirits brand portfolio company and sales engine for the US and Europe
Valuation cap ⓘ
$5.5M
As of Sep 2020 · from Drifter Spirits - Avuá Cachaça Convertible Note 2 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$372,515
Across 3 rounds since 2017
Latest share price
$1.00
Reg CF Offering (2020) offering price
Financials
FY2015–FY2019 · from SEC filings · hover any figure for its source$536K
−$254K
2015
$890K
−$117K
2016
$1.3M
$49K
2018
$1.3M
−$314K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015
FY2016
FY2018
FY2019
Income statement
Revenue
$535,649
$889,750
$1,349,152
$1,303,427
Cost of goods sold
$322,594
$388,212
$467,299
$541,606
Gross margin
40%
56%
65%
58%
Net income
-$254,112
-$117,210
$49,289
-$313,656
Taxes paid
$0
$0
$529
$1,871
Balance sheet
Cash
$7,987
$2,409
$10,913
$37,434
Accounts receivable
$69,425
$114,449
$131,335
$270,832
Total assets
$159,351
$160,807
$445,452
$637,846
Short-term debt
$223,538
$210,841
$356,758
$667,799
Long-term debt
$606,521
$737,884
$664,661
$751,670
Total liabilities
$830,059
$948,725
$1,021,419
$1,419,469
Other
Headcount
—
2
—
2
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$5.5M
Valuation cap
Drifter Spirits - Avuá Cachaça Convertible Note 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
Raised $118.1K / $100KInvestors 75Valuation cap $5.5M
Raised $0 / $500K
Raised / $500K
Reg CF annual-report compliance
Not requiredFewer than 300 holders of record
Filed 1 of 9 annual reports (FY2017–FY2025)
75 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 0001705545Share price $1.00
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.