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KEY WEST TRADING CO. BY SPIRITS OF NEW ORLEANS INC. logo

KEY WEST TRADING CO. BY SPIRITS OF NEW ORLEANS INC.

Operating

Spirits of New Orleans Inc.

Alcohol · Key West, FL · Founded 2023

Alcohol brand owner operating as a licensed wholesale distributor of alcoholic beverages

Post-money valuation ⓘ
$6.2M
As of Apr 2024 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$170,839
Across 1 round since 2023
Latest share price
$1.50
Reg CF · Common Stock · Dec 2023 offering price

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$348K
−$53K
2021
$359K
$16K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$348,120
$359,390
Cost of goods sold
$118,641
$76,677
Gross margin
66%
79%
Net income
-$52,791
$15,809
Taxes paid
$0
$0
Balance sheet
Cash
$14,446
$57,107
Accounts receivable
$0
$0
Total assets
$201,658
$204,919
Short-term debt
$0
$0
Long-term debt
$0
$0
Total liabilities
$0
$0
Other
Headcount
—
1

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
$6.0M
pre-money
Reg CF · Common · Dec 2023

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

Fundraising history

Raised $170.8K / $1.2MInvestors 233Post-money $6.2M

Team

2 people
James David Martin
CEO, CFO, and Director

"The Key West Trading Company’s motto is “Purveyors of Fine Whiskies and Spirits”. This is the philosophy that our founder JD Martin had in mind when he created the company. “I wanted to bring my family heritage of a reputation for Top Quality spirits and old school customer service to Key West” Martin said. JD Martin (Smuggler Jim) is a 5th generation whiskey maker from Kentucky. The Martin family is well known for producing only the best quality spirits. They never used flavorings to hide the taste and the flagship product utilizes a recipe that has been unchanged since 1883. JD is the first Martin to “go legal” in 136 years. ‘I am very proud of my heritage. I grew up in a very unique way and learned values that aren’t taught much these days. My grandfather was my mentor. He taught me how to run liquor starting when I was 9 years old. We hid our stills in an old smokehouse on the farm that we used to smoke Country Hams. It was a simple but effective operation. In the winter we switched from whiskey making to gambling. This is the lifestyle that kept our family fed for generations. There was a certain respect that we had in the community and some romance to the process. My Grandfather always said that “Behind every great spirit is a great story”. JD Martin has followed his grandfather’s wisdom and offers just that through the Key West Trading Company, great spirits with great stories. He combines old world technique with modern processes such as the TerrePure process used in making their spirits today. "

James Martin
jim@keywesttradeco.com

Names and titles as disclosed on StartEngine, 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 3 annual reports (FY2023–FY2025)

Missing: 2023, 2024, 2025

233 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-UMay 6, 20240001665160-24-000789
    EDGAR
  • Form C/AFeb 29, 20240001665160-24-000147
    EDGAR
  • Form C/AFeb 23, 20240001665160-24-000113
    EDGAR
  • Form CDec 5, 20230001665160-23-001968
    EDGAR
Source: ManualCIK 0002001819DEShare price $1.50

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.