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ecoText

Operating

ecoText, Inc.

Education · Founded 2018

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A digital textbook subscription for college students. Creating Opportunity Through Affordability.

Latest valuation ⓘ
$2.6M
Total raised
$469,238
Crowd $166K · Private $303K · 2 rounds since 2020
Latest share price
$0.24
Reg CF · Common Stock · Apr 2020 offering price

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$0
−$1K
2018
$0
2019
$30K
$18K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
FY2020
Income statement
Revenue
$0
$0
$30,000
Cost of goods sold
$0
$0
$0
Gross margin
—
—
100%
Net income
-$1,438
$0
$18,000
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$350,000
$663,000
Accounts receivable
$0
$0
$30,000
Total assets
$0
$60,000
$130,000
Short-term debt
$0
$0
$0
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$0
Other
Headcount
—
0
4

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”.

Fundraising history

Rule 506(b) · Equity · Nov 2020Closed
Raised $303KInvestors 1
Reg CF · Common Stock · Apr 2020Closedvia Netcapital
Raised $166.2K / $255K

Team

1 person
Joel Nkounkou
Principal Executive Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 6 annual reports (FY2020–FY2025)

1 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-ARApr 19, 20210001802925-21-000001
    EDGAR
  • Form DNov 13, 20200001802925-20-000001
    EDGAR
  • Form C-USep 2, 20200001669191-20-000468
    EDGAR
  • Form C/AJul 29, 20200001669191-20-000391
    EDGAR
  • Form C/AJul 13, 20200001669191-20-000350
    EDGAR
  • Form C/AJun 22, 20200001669191-20-000330
    EDGAR
  • Form CApr 24, 20200001669191-20-000192
    EDGAR
  • Form C/AApr 24, 20200001669191-20-000198
    EDGAR
Source: ManualCIK 0001802925Share price $0.24

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.