About
Black owned, PREMIUM Athleisure Wear. Created By US, for US.
- Missouri City, United States of America
- Legal Name: Actively Black, INC.
- Company ID: 87-2515312
- Year Founded: —
- Industry: Apparel & Fashion
- Website: —
- SEC Filings
Highlights
$60M
CF Valuation
$0
Total Raised
$7.5M
Revenue
3
Employees
Indicators
Profit Margin
-53.5%
(23.5%)
2022: -77%
Current Ratio
1.6
(-56.3%)
2022: 3.66
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $7,507,925 | $5,296,239 | 42% |
| Cost of Goods Sold | -$4,609,006 | -$2,737,701 | 68% |
| Gross Profit | $2,898,919 | $2,558,538 | 13% |
| Other Costs | -$6,914,308 | -$6,637,747 | 4% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$4,015,389 | -$4,079,209 | -2% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $453,579 | $1,315,241 | -66% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $453,579 | $1,315,241 | -66% |
| Other Assets | $2,826,797 | $2,786,083 | 1% |
| Total Assets | $3,280,376 | $4,101,324 | -20% |
| Short Term debt | $2,050,454 | $1,119,644 | 83% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $2,050,454 | $1,119,644 | 83% |
| Other Liabilities | $1,229,922 | $2,981,680 | -59% |
| Total Liabilities | $3,280,376 | $4,101,324 | -20% |
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $7,507,925 | $5,296,239 | 42% |
| Cost of Goods Sold | -$4,609,006 | -$2,737,701 | 68% |
| Gross Profit | $2,898,919 | $2,558,538 | 13% |
| Other Costs | -$6,914,308 | -$6,637,747 | 4% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$4,015,389 | -$4,079,209 | -2% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $453,579 | $1,315,241 | -66% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $453,579 | $1,315,241 | -66% |
| Other Assets | $2,826,797 | $2,786,083 | 1% |
| Total Assets | $3,280,376 | $4,101,324 | -20% |
| Short Term debt | $2,050,454 | $1,119,644 | 83% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $2,050,454 | $1,119,644 | 83% |
| Other Liabilities | $1,229,922 | $2,981,680 | -59% |
| Total Liabilities | $3,280,376 | $4,101,324 | -20% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $7,507,925 | $5,296,239 | 42% |
| Cost of Goods Sold | -$4,609,006 | -$2,737,701 | 68% |
| Gross Profit | $2,898,919 | $2,558,538 | 13% |
| Other Costs | -$6,914,308 | -$6,637,747 | 4% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$4,015,389 | -$4,079,209 | -2% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $453,579 | $1,315,241 | -66% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $453,579 | $1,315,241 | -66% |
| Other Assets | $2,826,797 | $2,786,083 | 1% |
| Total Assets | $3,280,376 | $4,101,324 | -20% |
| Short Term debt | $2,050,454 | $1,119,644 | 83% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $2,050,454 | $1,119,644 | 83% |
| Other Liabilities | $1,229,922 | $2,981,680 | -59% |
| Total Liabilities | $3,280,376 | $4,101,324 | -20% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $7,507,925 | $5,296,239 | 42% |
| Cost of Goods Sold | -$4,609,006 | -$2,737,701 | 68% |
| Gross Profit | $2,898,919 | $2,558,538 | 13% |
| Other Costs | -$6,914,308 | -$6,637,747 | 4% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$4,015,389 | -$4,079,209 | -2% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $453,579 | $1,315,241 | -66% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $453,579 | $1,315,241 | -66% |
| Other Assets | $2,826,797 | $2,786,083 | 1% |
| Total Assets | $3,280,376 | $4,101,324 | -20% |
| Short Term debt | $2,050,454 | $1,119,644 | 83% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $2,050,454 | $1,119,644 | 83% |
| Other Liabilities | $1,229,922 | $2,981,680 | -59% |
| Total Liabilities | $3,280,376 | $4,101,324 | -20% |
Indicators
Profit Margin
-53.5%
(23.5%)
2022: -77%
Current Ratio
1.6
(-56.3%)
2022: 3.66
Efficiency Ratio
61.4%
(18.8%)
2022: 51.7%
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | 42% | ∞ |
| Profit Margin | -54% | -77% |
| Current Ratio | 2% | 4% |
| Efficiency Ratio | 61% | 52% |
| Solvency Ratio | -196% | -364% |
| Debt Ratio | 62% | 27% |
Funding History
1 Funding Round
$599,325Total Raised
$60,000,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $599,325 | Wefunder | SAFE | $60M cap | — | SEC Reg CF | 47 days | Nov 05, 2024 |
