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RED Mountain Resort logo

RED Mountain Resort

Operating

Red Mountain Ventures Limited Partnership

Travel & Hospitality · Rosland

Become an owner of one of the most storied ski mountain resorts in North America. RED Mountain Resort is an Endangered Species within the ski resort world. We have the snowfall, vertical drop, world-class terrain and 4-season fun to go boot-to-boot with the Big Guys, but have consciously maintained our mom ’n’ pop/weird uncle feel for over 100 years. Now you can own a piece of it.

Estimated pre-money ⓘ
$84.7M
As of Aug 2017 · from Reg A Offering (2017) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$3,406,640
Crowd $1.2M · Private $2.3M · 2 rounds since 2017
Latest share price
$8.86
Private · Class C Units · Jun 2019 offering price

Financials

FY2016–FY2025 · from SEC filings · hover any figure for its source
−$546K
2018
−$1.8M
2019
−$2.0M
2020
−$2.0M
2021
$5.2M
−$3.6M
2022
$6.3M
−$750K
2023
−$750K
2024
−$1.2M
2025
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
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$6,532,166
—
—
—
—
—
$5,168,728
$6,331,335
—
—
Cost of goods sold
$5,831,694
—
—
—
—
—
—
—
—
—
Gross margin
11%
—
—
—
—
—
—
—
—
—
Net income
-$3,880,346
$6,684,798
-$546,491
-$1,832,070
-$2,025,050
-$2,025,050
-$3,597,201
-$750,369
-$750,369
-$1,209,778
Balance sheet
Cash
$912,578
$844,859
$1,385,108
$582,350
—
—
$21,268
$20,100
—
—
Accounts receivable
$332,670
$332,672
$404,330
$403,961
$376,472
$690,728
$547,170
—
$372,785
$402,762
Total assets
$23,463,426
$23,463,426
$25,997,610
$24,508,497
$24,757,217
$28,651,077
$25,386,820
—
$22,984,708
$39,906,775
Long-term debt
$28,844,066
—
—
—
—
—
—
—
—
—
Total liabilities
$30,502,966
$30,502,966
$7,753,946
$7,712,495
$7,947,065
$11,664,230
$12,556,020
$12,747,697
$12,747,698
$30,764,770
Other
Headcount
146
—
—
—
—
—
—
—
—
—

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
$84.7M
est. pre-money
Reg A+ · Equity · Aug 2017

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$10.00$5.00$8.86
Aug 2017Jun 2019
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.

Cap table

Share counts as of Apr 30, 2021
Class D Units · 2.38%Class C Units · 29.4%Class C2 Units · 33.8%Class B Units · 18.6%Class A Units · 15.7%
ClassOutstandingVotes / shareShare of totalVotesLiquidationLast price
Class D Units216,297none2.38%0%1× · paid 1st—
Class C Units2,674,359129.4%30.2%1× · paid 2nd$8.86Jun 2019
Class C2 Units3,073,080133.8%34.7%paid 3rd—
Class B Units1,693,250118.6%19.1%——
Class A Units1,423,608115.7%16.1%——
Total9,080,594100%100%

Shares outstanding over timein today's share terms

9.1M4.5M0
Aug 2017Apr 2020
Class A UnitsClass B UnitsClass C UnitsClass C2 UnitsClass D UnitsRound opened

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, Jun 11, 2026

  • Jeff Busby2,413,696 Class C Units90.3%of Class C Units
  • Jeff Busby2,413,696 Class C2 Units90.3%of Class C2 Units
  • Jeff Busby1,383,787 Class B Units81.7%of Class B Units
  • Howard I. Katkov532,000 Class A Units27.7%of Class A Units
  • Patricia Marshall Thompson266,000 Class A Units13.8%of Class A Units
  • Donald J. Thompson266,000 Class A Units13.8%of Class A Units
  • Jim Greene266,000 Class A Units13.8%of Class A Units
  • Christine Andison258,000 Class A Units13.4%of Class A Units
  • Kevin Magnall257,000 Class A Units13.4%of Class A Units

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $1.2M / $8MInvestors 422Est. pre-money $84.7M

Team

7 people
Howard Katkov
CEO & Chairman
Howard I. Katkov
Chief Executive Officer and Director President
Don Thompson
President & General Manager
Kevin Magnall
Chief Financial Officer
Donald J. Thompson
Director and Corporate Secretary President Vice President, Resort Planning and Development
Jeff Busby
Director
Joshua J. Fox
Director

Names and titles as disclosed on StartEngine, SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-KJun 11, 20260001104659-26-072818
    EDGAR
  • Form 1-SAJul 11, 20240001104659-24-079248
    EDGAR
  • Form 1-KFeb 9, 20240001104659-24-012508
    EDGAR
  • Form 1-SAFeb 3, 20230001104659-23-010080
    EDGAR
  • Form 1-KSep 12, 20220001104659-22-099180
    EDGAR
  • Form 1-SA/AFeb 1, 20220001104659-22-010279
    EDGAR
  • Form 1-KAug 31, 20210001104659-21-111441
    EDGAR
  • Form 1-SA/AFeb 3, 20210001104659-21-011609
    EDGAR
Source: SEC EDGARCIK 0001712949British Columbia, CanadaShare price $8.86Last synced Aug 16, 2026

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.