Hospitality company with a mission of bringing African flavors and cultures to the world
Valuation cap โ
$15.0M
As of Sep 2024 ยท from GINJAN BROS Future Equity SAFE 1 ยท a SAFE/note conversion ceiling, not a priced valuation
Total raised
$339,630
Across 2 rounds since 2018
Latest share price
$1.00
GINJAN BROS Future Equity SAFE 1 offering price
Financials
FY2016โFY2023 ยท from SEC filings ยท hover any figure for its source
$63K
โ$53K
2016
$110K
โ$93K
2017
$73K
โ$28K
2018
$157K
โ$11K
2019
$1.7M
โ$796K
2022
$635K
โ$622K
2023
RevenueNet income โ beside revenue when positive, below the line when a loss
Metric
FY2016
FY2017
FY2018
FY2019
FY2022
FY2023
Income statement
Revenue
$62,560
$109,824
$73,023
$157,249
$1,726,461
$634,684
Cost of goods sold
$28,177
$39,700
$21,128
$37,274
$1,564,391
$383,702
Gross margin
55%
64%
71%
76%
9%
40%
Net income
-$52,545
-$93,283
-$27,749
-$11,309
-$796,286
-$622,033
Taxes paid
$185
$79
$79
$121
$0
$0
Balance sheet
Cash
$11,513
$17,745
$24,659
$107,780
$445,325
$8,838
Accounts receivable
$5,167
$2,854
$2,821
$1,502
$17,205
$16,574
Total assets
$19,151
$27,003
$33,994
$144,208
$962,911
$382,603
Short-term debt
$286
$1,380
$1,380
$4,422
$1,129,079
$1,337,958
Long-term debt
$33,331
$34,925
$34,925
$24,925
$1,072,415
$910,337
Total liabilities
$33,617
$36,304
$36,304
$29,346
$2,201,494
$2,248,295
Other
Headcount
โ
5
โ
5
โ
12
Figures as reported by the issuer in the filing shown on hover. Each yearโs pill shows the assurance level of its filed statements โ audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didnโt state one. Headcount is the filingโs point-in-time count, not a year-end average. Manually corrected figures are marked โCorrectedโ.
A dashed amber step is a SAFE/note valuation cap โ a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
About this data. Figures are compiled from public sources โ SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages โ 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.