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MF Fire
OperatingMF Fire, Inc.
Industrial · Engineering · Founded 2014
Transforming Wood Heat into Clean Energy
Post-money valuation ⓘ
$18.2M
As of Mar 2024 · from MF Fire Common Stock 3 · pre-money + amount raised, not a traded price
Total raised
$874,925
Across 3 rounds since 2016
Latest share price
$1.55
MF Fire Common Stock 3 offering price
Financials
FY2014–FY2024 · from SEC filings · hover any figure for its source$0
−$254K
2016
$147K
−$601K
2018
$244K
−$412K
2019
$480K
−$681K
2020
$1.3M
$634K
2021
$2.4M
$228K
2022
$1.3M
−$539K
2023
$1.3M
−$462K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Chart shows the most recent 8 fiscal years; 2 earlier years are in the table below.
Metric
FY2014
FY2015
FY2016
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
Income statement
Revenue
$28,500
$100,000
$0
$146,642
$243,807
$480,318
$1,259,802
$2,350,849
$1,340,298
$1,304,519
Cost of goods sold
$0
$0
$0
$41,470
$123,257
$322,942
$760,738
$1,279,849
$799,960
$632,196
Gross margin
100%
100%
—
72%
49%
33%
40%
46%
40%
52%
Net income
-$2,250
-$36,772
-$254,363
-$601,181
-$411,773
-$681,298
$634,281
$227,844
-$539,041
-$462,402
Taxes paid
$0
$0
$9,416
$15,966
$6,971
$0
$0
$6,358
$300
$300
Balance sheet
Cash
$7,321
$10,170
$280,970
$105,610
$73,306
$80,906
$332,397
$128,122
$55,171
$15,998
Accounts receivable
$0
$0
$0
$0
$0
$0
$557,097
$652,585
$266,237
$197,890
Total assets
$7,321
$10,170
$327,063
$392,686
$496,946
$186,604
$1,462,360
$2,975,669
$2,832,535
$2,498,072
Short-term debt
$0
$0
$0
$0
$491,843
$882,279
$1,237,652
$624,779
$277,411
$240,763
Long-term debt
$0
$200,000
$470,000
$100,000
$100,000
$60,200
$66,200
$244,957
$1,895,753
$2,041,364
Total liabilities
$0
$0
$470,000
$100,000
$100,000
$942,479
$1,303,852
$869,736
$2,173,164
$2,282,127
Other
Headcount
—
3
3
—
6
6
6
6
6
4
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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
Valuation over rounds
Post-money = pre-money + amount raised · caps marked$7.0M
Valuation cap
$13.2M
post-money
$18.2M
post-money
MF Fire Round 1
MF Fire Stock 2
MF Fire Common Stock 3
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Fundraising history
Raised $190.2K / $617.5KInvestors 64Post-money $18.2M
Raised $514.7K / $1.1MInvestors 610Post-money $13.2M
MF Fire Round 1Closed
Reg CF annual-report compliance
Not requiredFiled Form C-TR (terminated reporting)
Filed 6 of 10 annual reports (FY2016–FY2025)
610 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
View all 22 filings on EDGARSource: ManualCIK 0001674207Share price $1.55
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.