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Power Trucks USA

Operating

Whitecap Enterprises ii, llc

Industrial & Manufacturing · Founded 2015

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Powered by your passion to fill your truck & jeep aftermarket accessory needs

Valuation cap ⓘ
$5.0M
As of Jan 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$2,343,027
Crowd $98K · Private $2.2M · 3 rounds since 2018
Latest share price
$1.5366
Section 4(a)(2) · Class A Membership Units · Jan 2020 offering price

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$2.6M
−$830K
2019
$2.1M
−$291K
2020
$2.6M
$224K
2021
$2.3M
−$19K
2022
$1.9M
−$336K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
FY2021 unaudited
FY2022 unaudited
FY2023 unaudited
Income statement
Revenue
$2,572,998
$2,062,482
$2,559,907
$2,309,160
$1,915,889
Cost of goods sold
$1,475,138
$1,237,038
$1,603,626
$1,434,137
$1,033,100
Gross margin
43%
40%
37%
38%
46%
Net income
-$829,848
-$291,144
$223,930
-$19,389
-$336,484
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$296,160
$154,464
$19,702
$75,306
$33,749
Accounts receivable
$111,389
$126,261
$253,805
$118,343
$94,813
Total assets
$1,722,254
$1,682,351
$549,796
$1,448,519
$1,273,992
Short-term debt
$391,181
$409,370
$202,645
$155,177
$492,491
Long-term debt
$745,181
$834,720
$21,844,833
$1,820,054
$1,143,367
Total liabilities
$1,136,362
$1,244,090
$22,047,478
$1,975,230
$1,635,858
Other
Headcount
—
8
7
7
6

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

Valuation caps on SAFE / convertible note rounds
$5.0M
Valuation cap
Reg CF · SAFE · Sep 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Share price over rounds

$1.5366$0.7683$0.9804
Sep 2018Jan 2020
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

Reg CF · SAFE · Sep 2021Closedvia Republic
Raised $98.2K / $1.1MInvestors 103Valuation cap $5M
Section 4(a)(2) · Class A Membership Units · Jan 2020Closed
Raised $485K

Team

1 person
/s/Jeffrey Shiring
Managing Member

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

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 5 annual reports (FY2021–FY2025)

103 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-TRApr 25, 20240001666598-24-000004
    EDGAR
  • Form C-ARApr 24, 20240001975505-24-000001
    EDGAR
  • Form C-ARApr 28, 20230001907870-23-000005
    EDGAR
  • Form C-ARApr 28, 20220001875492-22-000002
    EDGAR
  • Form C-UJan 31, 20220001875492-22-000001
    EDGAR
  • Form CSep 15, 20210001875492-21-000001
    EDGAR
Source: ManualCIK 0001875492Share price $1.5366

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.