About
Catboat Coffee Co. is a year-round coffee shop that combines specialty beverages, Lebanese sandwiches and dips, a rotating selection of artisanal cheeses, and island-made goods.
- Vineyard Haven, United States of America
- Legal Name: Catboat Coffee INC.
- Company ID:
- Year Founded: 2024
- Industry: Food & Beverages
- Website: https://www.catboatcoffee.com
- SEC Filings
Highlights
$5M
CF Valuation
$0
Total Raised
$623.1K
Revenue
10
Employees
Indicators
Profit Margin
-24.4%
(-24.4%)
2023: 0%
Current Ratio
4.5
(-31.6%)
2023: 6.58
Revenue Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $623,085 | $623,085 | $0 | 0% |
| Cost of Goods Sold | -$232,949 | $232,949 | $0 | -200% |
| Gross Profit | $390,136 | $856,034 | $0 | -54% |
| Other Costs | -$542,357 | -$1,008,255 | -$152,376 | 256% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$152,221 | -$152,221 | -$152,376 | -0% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $14,039 | $14,039 | $38,443 | -63% |
| Accounts Receivable | $177 | $14,039 | $0 | -99% |
| Total Liquidity | $14,216 | $28,078 | $38,443 | -63% |
| Other Assets | $860,066 | $30,821 | $5,357 | 15,955% |
| Total Assets | $874,282 | $58,899 | $43,800 | 1,896% |
| Short Term debt | $194,463 | $194,463 | $138,598 | 40% |
| Long Term debt | $786,641 | $786,641 | $847,624 | -7% |
| Total Debt | $981,104 | $981,104 | $986,222 | -1% |
| Other Liabilities | -$106,822 | -$922,205 | -$942,422 | -89% |
| Total Liabilities | $874,282 | $58,899 | $43,800 | 1,896% |
Revenue Growth
Employee Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $623,085 | $623,085 | $0 | 0% |
| Cost of Goods Sold | -$232,949 | $232,949 | $0 | -200% |
| Gross Profit | $390,136 | $856,034 | $0 | -54% |
| Other Costs | -$542,357 | -$1,008,255 | -$152,376 | 256% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$152,221 | -$152,221 | -$152,376 | -0% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $14,039 | $14,039 | $38,443 | -63% |
| Accounts Receivable | $177 | $14,039 | $0 | -99% |
| Total Liquidity | $14,216 | $28,078 | $38,443 | -63% |
| Other Assets | $860,066 | $30,821 | $5,357 | 15,955% |
| Total Assets | $874,282 | $58,899 | $43,800 | 1,896% |
| Short Term debt | $194,463 | $194,463 | $138,598 | 40% |
| Long Term debt | $786,641 | $786,641 | $847,624 | -7% |
| Total Debt | $981,104 | $981,104 | $986,222 | -1% |
| Other Liabilities | -$106,822 | -$922,205 | -$942,422 | -89% |
| Total Liabilities | $874,282 | $58,899 | $43,800 | 1,896% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $623,085 | $623,085 | $0 | 0% |
| Cost of Goods Sold | -$232,949 | $232,949 | $0 | -200% |
| Gross Profit | $390,136 | $856,034 | $0 | -54% |
| Other Costs | -$542,357 | -$1,008,255 | -$152,376 | 256% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$152,221 | -$152,221 | -$152,376 | -0% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $14,039 | $14,039 | $38,443 | -63% |
| Accounts Receivable | $177 | $14,039 | $0 | -99% |
| Total Liquidity | $14,216 | $28,078 | $38,443 | -63% |
| Other Assets | $860,066 | $30,821 | $5,357 | 15,955% |
| Total Assets | $874,282 | $58,899 | $43,800 | 1,896% |
| Short Term debt | $194,463 | $194,463 | $138,598 | 40% |
| Long Term debt | $786,641 | $786,641 | $847,624 | -7% |
| Total Debt | $981,104 | $981,104 | $986,222 | -1% |
| Other Liabilities | -$106,822 | -$922,205 | -$942,422 | -89% |
| Total Liabilities | $874,282 | $58,899 | $43,800 | 1,896% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $623,085 | $623,085 | $0 | 0% |
| Cost of Goods Sold | -$232,949 | $232,949 | $0 | -200% |
| Gross Profit | $390,136 | $856,034 | $0 | -54% |
| Other Costs | -$542,357 | -$1,008,255 | -$152,376 | 256% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$152,221 | -$152,221 | -$152,376 | -0% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $14,039 | $14,039 | $38,443 | -63% |
| Accounts Receivable | $177 | $14,039 | $0 | -99% |
| Total Liquidity | $14,216 | $28,078 | $38,443 | -63% |
| Other Assets | $860,066 | $30,821 | $5,357 | 15,955% |
| Total Assets | $874,282 | $58,899 | $43,800 | 1,896% |
| Short Term debt | $194,463 | $194,463 | $138,598 | 40% |
| Long Term debt | $786,641 | $786,641 | $847,624 | -7% |
| Total Debt | $981,104 | $981,104 | $986,222 | -1% |
| Other Liabilities | -$106,822 | -$922,205 | -$942,422 | -89% |
| Total Liabilities | $874,282 | $58,899 | $43,800 | 1,896% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $623,085 | $623,085 | $0 | 0% |
| Cost of Goods Sold | -$232,949 | $232,949 | $0 | -200% |
| Gross Profit | $390,136 | $856,034 | $0 | -54% |
| Other Costs | -$542,357 | -$1,008,255 | -$152,376 | 256% |
| Taxes Paid | $0 | $0 | $0 | — |
| Net Income | -$152,221 | -$152,221 | -$152,376 | -0% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $14,039 | $14,039 | $38,443 | -63% |
| Accounts Receivable | $177 | $14,039 | $0 | -99% |
| Total Liquidity | $14,216 | $28,078 | $38,443 | -63% |
| Other Assets | $860,066 | $30,821 | $5,357 | 15,955% |
| Total Assets | $874,282 | $58,899 | $43,800 | 1,896% |
| Short Term debt | $194,463 | $194,463 | $138,598 | 40% |
| Long Term debt | $786,641 | $786,641 | $847,624 | -7% |
| Total Debt | $981,104 | $981,104 | $986,222 | -1% |
| Other Liabilities | -$106,822 | -$922,205 | -$942,422 | -89% |
| Total Liabilities | $874,282 | $58,899 | $43,800 | 1,896% |
Indicators
Profit Margin
-24.4%
(-24.4%)
2023: 0%
Current Ratio
4.5
(-31.6%)
2023: 6.58
Efficiency Ratio
37.4%
(0%)
2023: ∞
Key figures
| INCOME STATEMENT | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue Growth | ∞ | ∞ | ∞ |
| Profit Margin | -24% | -24% | 0% |
| Current Ratio | 4% | 0% | 0% |
| Efficiency Ratio | 37% | -37% | ∞ |
| Solvency Ratio | -16% | -16% | -16% |
| Debt Ratio | 112% | 1,666% | 2,252% |
Funding History
1 Funding Round
$247,878Total Raised
$5,000,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $247,878 | StartEngine | Equity | $5M valuation | — | SEC Reg CF | 40 days | Dec 27, 2024 |
