About
We believe everyone should have the opportunity to enjoy one of the beach's best hidden secrets
- Sarasota, United States of America
- Legal Name: CoAStal Brands, INC.
- Company ID:
- Year Founded: 2024
- Industry: Food & Beverages
- Website: https://www.bushwackerspirits.com/
- SEC Filings
Highlights
$14.5M
CF Valuation
$0
Total Raised
$1.5M
Revenue
4
Employees
Indicators
Profit Margin
-130.4%
(-8.4%)
2022: -122%
Current Ratio
∞
(0%)
2022: ∞
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $1,477,451 | $1,444,994 | 2% |
| Cost of Goods Sold | -$1,163,067 | -$956,914 | 22% |
| Gross Profit | $314,384 | $488,080 | -36% |
| Other Costs | -$2,241,674 | -$2,251,186 | -0% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$1,927,290 | -$1,763,106 | 9% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $18,869 | $26,164 | -28% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $18,869 | $26,164 | -28% |
| Other Assets | $798,710 | $1,048,531 | -24% |
| Total Assets | $817,579 | $1,074,695 | -24% |
| Short Term debt | $0 | $0 | — |
| Long Term debt | $817,579 | $1,074,695 | -24% |
| Total Debt | $817,579 | $1,074,695 | -24% |
| Other Liabilities | $0 | $0 | — |
| Total Liabilities | $817,579 | $1,074,695 | -24% |
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $1,477,451 | $1,444,994 | 2% |
| Cost of Goods Sold | -$1,163,067 | -$956,914 | 22% |
| Gross Profit | $314,384 | $488,080 | -36% |
| Other Costs | -$2,241,674 | -$2,251,186 | -0% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$1,927,290 | -$1,763,106 | 9% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $18,869 | $26,164 | -28% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $18,869 | $26,164 | -28% |
| Other Assets | $798,710 | $1,048,531 | -24% |
| Total Assets | $817,579 | $1,074,695 | -24% |
| Short Term debt | $0 | $0 | — |
| Long Term debt | $817,579 | $1,074,695 | -24% |
| Total Debt | $817,579 | $1,074,695 | -24% |
| Other Liabilities | $0 | $0 | — |
| Total Liabilities | $817,579 | $1,074,695 | -24% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $1,477,451 | $1,444,994 | 2% |
| Cost of Goods Sold | -$1,163,067 | -$956,914 | 22% |
| Gross Profit | $314,384 | $488,080 | -36% |
| Other Costs | -$2,241,674 | -$2,251,186 | -0% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$1,927,290 | -$1,763,106 | 9% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $18,869 | $26,164 | -28% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $18,869 | $26,164 | -28% |
| Other Assets | $798,710 | $1,048,531 | -24% |
| Total Assets | $817,579 | $1,074,695 | -24% |
| Short Term debt | $0 | $0 | — |
| Long Term debt | $817,579 | $1,074,695 | -24% |
| Total Debt | $817,579 | $1,074,695 | -24% |
| Other Liabilities | $0 | $0 | — |
| Total Liabilities | $817,579 | $1,074,695 | -24% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $1,477,451 | $1,444,994 | 2% |
| Cost of Goods Sold | -$1,163,067 | -$956,914 | 22% |
| Gross Profit | $314,384 | $488,080 | -36% |
| Other Costs | -$2,241,674 | -$2,251,186 | -0% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$1,927,290 | -$1,763,106 | 9% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $18,869 | $26,164 | -28% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $18,869 | $26,164 | -28% |
| Other Assets | $798,710 | $1,048,531 | -24% |
| Total Assets | $817,579 | $1,074,695 | -24% |
| Short Term debt | $0 | $0 | — |
| Long Term debt | $817,579 | $1,074,695 | -24% |
| Total Debt | $817,579 | $1,074,695 | -24% |
| Other Liabilities | $0 | $0 | — |
| Total Liabilities | $817,579 | $1,074,695 | -24% |
Indicators
Profit Margin
-130.4%
(-8.4%)
2022: -122%
Current Ratio
∞
(0%)
2022: ∞
Efficiency Ratio
78.7%
(18.9%)
2022: 66.2%
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | 2% | ∞ |
| Profit Margin | -130% | -122% |
| Current Ratio | ∞ | ∞ |
| Efficiency Ratio | 79% | 66% |
| Solvency Ratio | -236% | -164% |
| Debt Ratio | 100% | 100% |
Funding History
1 Funding Round
$115,566Total Raised
$14,499,998CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $115,566 | StartEngine | Equity | $14M valuation | — | SEC Reg CF | 12 days | Dec 10, 2024 |
