Island Brands produces clean, better for you, super premium beer, set at a competitive price point to fill the gap between factory beer corporations and craft breweries.
Post-money valuation โ
$119.4M
As of Nov 2023 ยท from Island Brands Preferred Stock 2 ยท pre-money + amount raised, not a traded price
Total raised
$5,700,409
Across 2 rounds since 2020
Latest share price
$7.91
Island Brands Preferred Stock 2 offering price
Financials
FY2018โFY2023 ยท from SEC filings ยท hover any figure for its source
$716K
โ$240K
2018
$1.2M
โ$1.2M
2019
$1.6M
โ$1.1M
2020
$2.7M
โ$3.4M
2021
$1.7M
โ$3.2M
2022
$873K
โ$5.4M
2023
RevenueNet income โ beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
Income statement
Revenue
$715,741
$1,213,060
$1,597,574
$2,669,871
$1,669,081
$873,438
Cost of goods sold
$590,605
$1,369,751
$1,469,972
$2,045,973
$1,386,043
$1,100,316
Gross margin
17%
-13%
8%
23%
17%
-26%
Net income
-$239,558
-$1,183,818
-$1,073,855
-$3,443,157
-$3,160,779
-$5,413,739
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$7,115
$159,855
$474,686
$274,774
$130,963
$465,374
Accounts receivable
$69,352
$244,951
$37,721
$0
$0
$10,685
Total assets
$364,979
$494,904
$616,926
$711,575
$3,541,533
$1,150,703
Short-term debt
$711,289
$254,514
$172,752
$884,965
$100,820
$7,503,274
Long-term debt
$25,000
$0
$0
$0
$4,610,000
$741,667
Total liabilities
$736,289
$254,514
$172,752
$884,965
$4,710,820
$8,244,941
Other
Headcount
โ
12
20
12
10
5
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.