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Online Stores

Operating

Online Stores, Inc.

Software & AI · Marketplace · New Stanton, PA · Founded 2003

A platform for online retailers selling niche products

Post-money valuation ⓘ
$18.8M
As of Apr 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$91,695
Across 1 round since 2021
Latest share price
$2.50
Reg CF · Common Stock · Dec 2021 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$47.4M
−$639K
2019
$55.1M
$522K
2020
$58.6M
$623K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 audited*
FY2020 audited*
FY2021
Income statement
Revenue
$47,380,688
$55,120,381
$58,611,850
Cost of goods sold
$34,153,624
$40,065,630
$41,743,939
Gross margin
28%
27%
29%
Net income
-$638,864
$522,138
$623,121
Taxes paid
$0
$0
$12,671
Balance sheet
Cash
$75,983
$247,550
$36,827
Accounts receivable
$769,771
$1,095,793
$825,335
Total assets
$12,888,667
$13,620,065
$15,868,897
Short-term debt
$12,157,599
$7,246,719
$7,186,190
Long-term debt
$104,735
$788,078
$50,392
Total liabilities
$12,262,334
$8,034,797
$7,236,582
Other
Headcount
—
130
130

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
$18.7M
pre-money
Reg CF · Common · Dec 2021

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

Fundraising history

Raised $91.7K / $5MInvestors 57Post-money $18.8M

Team

5 people
John GilkeyFounder
COO

John was enlisted in the USAF from 1983 to 1987, and worked as a civilian for the USAF from 1987 to 1997 in the testing and calibration of advanced electronic, computer and telecommunication systems. John worked in the telecommunications industry from 1997 to 2002. John has extensive experience running the operations of Online Stores since the company was founded, and has broad experiece in all aspects of ecommerce, logistics, shipping, manufacturing and management.

Kevin HickeyFounder
CEO, Director, and Chairman

Kevin founded Online Stores with his wife Lisa, working out his basement in 2003. Kevin has a Masters Degree in Engineering from Cambridge University in England, awarded 1983. Kevin founded his first company is England in 1987, supplying engineering diagnostic software shortly after the introduction of the PC. He was appointed VP of Sales and Marketing to Relex Software in 1998, who develop engineering test software, and started to use the Internet for product marketing. Kevin left in January 2000 to form a freelance online marketing consultancy. This led to the development of an online retail businesses, which evolved into Online Stores.

Lisa HickeyFounder
President

Lisa founded Online Stores with her husband Kevin in 2003. Lisa has broad experience in management and established the management team and company policies from the start of the business. She helps formulate company strategy and direction, and assists with HR issues.

Crystal Rhome
Director of Technology

Crystal joined Online Stores in 2005 after completing a Network Security course at the Pittsburgh Technical Institute. She was the first member of the IT depart, and has led the group from the start. She is now manages website development, systems & security in addition to the order processing and ERP systems. Her great strength is her ability to dive in and learn new languages and systems in a short time. Her experience now covers programing in several languages, Electronic Data Exchange (EDI), PCI compliance and network security, credit card processing technology, integration of different systems and website development.

Eric Nonnenburg
Director of Sales, Merchandising, and Product Development

Eric has a BS in Business Administration, majoring in marketing, from Miami of Ohio University. After working for 3 years as sales manager for Uniforms USA Eric founded his own company Imagewear International, which he sold in 2015 after 13 years. He gained experience in all aspects of the workwear and uniform market including overseas sourcing, and also ran a small sales team. Eric joined Online Stores as Overseas Sourcing Manager in 2016. The company quickly recognized his strong management skills and he was given additional management responsibility for the companies inside sales team and then for the merchandizing department in 2017.

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

Not requiredFewer than 300 holders of record

Filed 1 of 5 annual reports (FY2021–FY2025)

57 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-ARMay 3, 20220001665160-22-001534
    EDGAR
  • Form C-UApr 27, 20220001665160-22-000907
    EDGAR
  • Form C/AMar 16, 20220001665160-22-000458
    EDGAR
  • Form CDec 20, 20210001665160-21-002266
    EDGAR
  • Form DJan 19, 20160000898432-16-001814
    EDGAR
Source: ManualCIK 0001663794PAShare price $2.50

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.