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Festive Beverages

Operating

Festive Beverages, LLC

Food & Beverage

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Post-money valuation ⓘ
$3.3M
As of Jun 2019 · from Reg CF Offering (2019) · pre-money + amount raised, not a traded price
Total raised
$0
Across 1 round since 2019

Financials

FY2016–FY2017 · from SEC filings · hover any figure for its source
$19K
−$108K
2016
$29K
−$85K
2017
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 unaudited*
FY2017 unaudited*
Income statement
Revenue
$18,692
$28,571
Cost of goods sold
$27,972
$24,226
Gross margin
-50%
15%
Net income
-$108,267
-$85,383
Taxes paid
$0
$0
Balance sheet
Cash
$6,777
$18,109
Accounts receivable
$986
$12,105
Total assets
$152,367
$146,315
Short-term debt
$14,570
$27,367
Long-term debt
$236,407
$212,941
Total liabilities
$250,977
$240,308
Other
Headcount
—
3

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
$3.3M
pre-money
Reg CF · Class B non-voting · Mar 2019

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

Fundraising history

Reg CF · Class B non-voting · Mar 2019Withdrawnvia StartEngine
Raised $10.9K / $107KInvestors 10Post-money $3.3M

Team

2 people
Andy Powell
CEO, Principal Executive Officer and Manager, Principal Financial Officer and Principal Accounting Officer
Julie Powell
Manager

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

never closed a Reg CF raise

10 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-WJun 12, 20190001665160-19-000695
    EDGAR
  • Form CMar 7, 20190001665160-19-000249
    EDGAR
Source: ManualCIK 0001765805

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.