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Salem Cycle and Marblehead Cycle logo

Salem Cycle and Marblehead Cycle

Operating

Salem Cycle, Inc.

Sports & Recreation · Founded 2013

Not currently accepting investment on Mainvest

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$0
Across 1 round since 2021

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$625K
−$28K
2019
$1.3M
$21K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 unaudited*
FY2020 unaudited*
Income statement
Revenue
$624,502
$1,274,355
Cost of goods sold
$347,077
$662,665
Gross margin
44%
48%
Net income
-$27,892
$20,914
Taxes paid
$0
$0
Balance sheet
Cash
$11,514
$65,058
Accounts receivable
$3,687
$800
Total assets
$350,160
$763,599
Short-term debt
$0
$0
Long-term debt
$0
$488,726
Total liabilities
$0
$488,726
Other
Headcount
—
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”.

Fundraising history

Reg CF · Debt · Jul 2021Withdrawnvia Mainvest
Raised $0 / $50K

Team

1 person
Daniel Shuman
President

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

never closed a Reg CF raise

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-WJul 14, 20210001746059-21-000344
    EDGAR
  • Form CJul 2, 20210001746059-21-000311
    EDGAR
Source: ManualCIK 0001869590

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.