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Island Company Rum Inc.

Operating

ISLAND Co RUM INC

Food & Beverage · West Palm Beach, FL

Valuation cap ⓘ
$20.0M
As of Sep 2026 · from Reg CF Offering (2025) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$62,151
Across 1 round since 2025

Financials

FY2023–FY2024 · from SEC filings · hover any figure for its source
$57K
−$275K
2023
$92K
−$496K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2023 reviewed*
FY2024 reviewed*
Income statement
Revenue
$57,085
$92,268
Cost of goods sold
$24,823
$79,719
Gross margin
57%
14%
Net income
-$274,889
-$495,768
Taxes paid
$0
$0
Balance sheet
Cash
$166,377
$7,476
Accounts receivable
$0
$0
Total assets
$280,651
$116,821
Short-term debt
$4,994
$0
Long-term debt
$0
$0
Total liabilities
$4,994
$0
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

Valuation caps on SAFE / convertible note rounds
$20.0M
Valuation cap
Reg CF · SAFE · Apr 2025

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 · SAFE · Apr 2025Closedvia WeFunder
Raised $62.2K / $1.2MInvestors 28Valuation cap $20M

Team

1 person
Spencer Antle
CEO/Creative Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Delinquent

Filed 0 of 1 annual reports (FY2025)

Missing: 2025

28 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 1, 20260001891649-26-000004
    EDGAR
  • Form C/AMay 1, 20250001670254-25-000534
    EDGAR
  • Form CApr 21, 20250001670254-25-000390
    EDGAR
Source: SEC EDGARCIK 0001891649DELast synced Aug 17, 2026

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.