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OYO Fitness

Operating

OYO Fitness, Inc.

Sports & Recreation · Overbrook, KS · Founded 2021

Fitness that fits your lifestyle

Post-money valuation ⓘ
$17.0M
As of Jul 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$417,602
Crowd $318K · Private $100K · 2 rounds since 2021
Latest share price
$2.00
Reg CF · Common Stock · Mar 2022 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$11.1M
−$11K
2020
$344K
−$965K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
Income statement
Revenue
$11,078,510
$344,154
Cost of goods sold
$5,737,776
$2,445,024
Gross margin
48%
-610%
Net income
-$10,860
-$964,551
Taxes paid
$0
$0
Balance sheet
Cash
$54,571
$150,142
Accounts receivable
$0
$0
Total assets
$248,472
$97,717
Short-term debt
$2,214,117
$3,286,745
Long-term debt
$105,850
$82,243
Total liabilities
$2,319,967
$3,368,988
Other
Headcount
5
5

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
$16.6M
pre-money
Reg CF · Common · Mar 2022

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

Share price over rounds

$2.00$1.00$0.918
Dec 2021Mar 2022
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Raised $317.6K / $1.1MInvestors 315Post-money $17M

Team

6 people
Paul FrancisFounder
CEO & President

Paul Francis started out as an industrial designer and inventor, licensing products in the housewares, personal care and fitness industries. He invented SpiraFlex resistance technology for NASA‘s mission critical program to counteract astronaut bone and muscle loss caused by zero gravity. He later licensed SpiraFlex technology to Nautilus Inc. and helped develop the Bowflex Revolution home gym, generating sales of over 250M. After founding OYO Fitness, Paul developed two of the most-funded fitness products in crowdfunding history, the OYO and NOVA Gyms. _____ OYO Areas of Responsibility: Full-Time; Strategic Vision, Product Development, Advertising and Marketing.

Joseph Kessinger
Financial Advisor

Joe Kessinger is a business advisor/financer with more than 30 years of experience in business development, corporate value enhancement, family business transitions, corporate finance and merger/acquisition advisory services. He has been employed by two Big 4 accounting firms (KPMG and Ernst & Young), managed venture capital/private equity portfolios, consulted with family offices and has started, owned and operated and sold several different businesses including an electronics manufacturing company and a medical device manufacturer. _____ OYO Areas of Responsibility: Part-time; Finance and accounting. Joe has known and worked with Paul Francis in various capacities for over 20 years.

Leroy Chiao
Investor, Advisor, Spokesperson

Former NASA astronaut and Commander of Expedition 10 on the International Space Station, Leroy Chiao has vast experience in both the public and private sector. In addition to his human spaceflight experience at NASA, he has also worked extensively in academia, government laboratories and in commercial ventures and technology startups. Leroy exercised with SpiraFlex technology for 6 months on the International Space Station and returned stronger than when he left. _____ OYO Areas of Responsibility: Brand ambassador and technology advisor.

Marcus Sy
Director Manufacturing & Logistics

Marcus Sy has over 20 years of project management, manufacturing, sourcing and international sales experience across a variety of industries including the fitness equipment, automotive and bicycle industries. Marcus has worked for OYO since 2015. _____ OYO Areas of Responsibility: Full time contractor; Manage production, supplier relationships, product sourcing, product development and logistics.

Nick Bolton
Fitness Director

Nick Bolton is a certified personal trainer, published fitness writer, body builder, spokesmodel, actor and former firefighter. Nick developed the OYO Fitness workout programs. He also manages the OYO Corporate Wellness programs and hosts OYO instructional and promotional videos. Nick is Part-time consultant. _____ Certifications: National Academy of Sports Medicine: Certified Personal Trainer, National Council on Strength and Fitness: Certified Personal Trainer, RTS Mastery: Musculoskeletal Mechanics & Resistance Mechanics

Venus Van Horn
Customer Experience Director

Venus is a Customer Service veteran with 25 years experience managing customer service teams. “When you build a loyal customer base through great products and excellent support, you are not only ensuring that the customer comes back but that they recommend you to their friends and family. This is always my number one goal in the work that I do. Best job in the world!” _____ OYO Areas of Responsibility: Full-time; Manage OYO Customer Service Team

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

Reg CF annual-report compliance

Delinquent

Filed 1 of 5 annual reports (FY2021–FY2025)

Missing: 2022, 2023, 2024, 2025

315 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-UJul 21, 20220001665160-22-002072
    EDGAR
  • Form C-ARMay 2, 20220001665160-22-001345
    EDGAR
  • Form CMar 15, 20220001665160-22-000445
    EDGAR
Source: ManualCIK 0001916078DEShare price $2.00

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.