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NATURAL WAY FOOD GROUP

Operating

Simkins Brothers Sweets LLC

Retail & Consumer · Founded 2017

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The ONLY nut butter made with olive oil that's healthier for you and the planet

Post-money valuation ⓘ
$4.1M
As of Nov 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$745,698
Crowd $71K · Private $675K · 2 rounds since 2021
Latest share price
$117.33
Reg CF · Preferred Stock · Jul 2022 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$228K
−$102K
2020
$306K
−$660K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$228,341
$306,160
Cost of goods sold
$146,720
$186,426
Gross margin
36%
39%
Net income
-$102,189
-$660,490
Taxes paid
$0
$0
Balance sheet
Cash
$2,130
$209,489
Accounts receivable
$1,205
$50,386
Total assets
$55,854
$422,757
Short-term debt
$21,087
$58,765
Long-term debt
$108,000
$97,716
Total liabilities
$129,087
$156,481
Other
Headcount
—
2

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
$4.0M
pre-money
Reg CF · Preferred · Jul 2022

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

Fundraising history

Reg CF · Preferred Stock · Jul 2022Closedvia WeFunder
Raised $70.7K / $1.1MInvestors 33Post-money $4.1M
Rule 506(b) · Equity · Jan 2021Closed
Raised $675KInvestors 2

Team

2 people
Austin SimkinsFounder
Co-Founder
Quinn SimkinsFounder
Co-Founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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 4 annual reports (FY2022–FY2025)

Missing: 2022, 2023, 2024, 2025

33 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 CJul 11, 20220001670254-22-000728
    EDGAR
  • Form DJan 25, 20210001841823-21-000001
    EDGAR
Source: ManualCIK 0001841823Share price $117.33

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.