Drifter Spirits

Operating

Avua Corp

Alcohol · Founded 2011

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Craft spirits brand portfolio company and sales engine for the US and Europe

Valuation cap ⓘ

$5.5M

As of Sep 2020 · from Reg CF Offering (2020) · a SAFE/note conversion ceiling, not a priced valuation

Total raised

$372,515

Across 2 rounds since 2017

Financials

FY2015–FY2019 (no data for FY2017) · from SEC filings · hover any figure for its source

$536K

−$254K

2015

$890K

−$117K

2016

2017no data

$1.3M

$49K

2018

$1.3M

−$314K

2019

RevenueNet income — beside revenue when positive, below the line when a loss

Metric

FY2015 reviewed*

FY2016 reviewed*

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

$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

—

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

Valuation caps on SAFE / convertible note rounds

$5.5M

Valuation cap

Reg CF · Note · Apr 2020

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · Convertible Note · Apr 2020Closedvia WeFunder

Raised $118.1K / $500KInvestors 75Valuation cap $5.5M

Reg CF · Debt · Jun 2017Closedvia WeFunder

Raised $254.4K / $500K

Team

2 people

Peter NevengloskyFounder

Co-Founder

Nathan Whitehouse

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Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Form C/AMay 13, 20200001670254-20-000355
EDGAR
Form CApr 16, 20200001670254-20-000253
EDGAR
Form C-AR/AApr 15, 20200001670254-20-000252
EDGAR
Form C-ARApr 9, 20200001670254-20-000232
EDGAR
Form C-UMay 25, 20180001670254-18-000278
EDGAR
Form C/AApr 26, 20180001670254-18-000144
EDGAR
Form C/ADec 11, 20170001670254-17-000374
EDGAR
Form CJun 8, 20170001670254-17-000157
EDGAR

Source: ManualCIK 0001705545

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.