About
Founded in 2012, Detroit City FC has established itself as one of the most talked about soccer teams in North America. Our club motto, Passion for Our City, Passion for the Game, evokes the three ideas the grassroots organization was built upon: to satisfy the demand for soccer in downtown Detroit, represent the city in a positive light, and build community through "the beautiful game."
- Detroit, United States of America
- Legal Name: Dcfc Holdings, LLC
- Company ID: 47-2662769
- Year Founded: 2015
- Industry: Sports
- Website: https://www.detcityfc.com
- SEC Filings
Highlights
$10.8M
CF Valuation
$1.5M
Total Raised
$4.5M
Revenue
61
Employees
Indicators
Profit Margin
-51%
(34.4%)
2022: -85.4%
Current Ratio
111.22
(-80.7%)
2022: 577.61
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $4,464,786 | $3,401,728 | $2,134,535 | $853,260 | 423% |
| Cost of Goods Sold | -$672,097 | -$580,135 | -$358,108 | -$261,160 | 157% |
| Gross Profit | $3,792,689 | $2,821,593 | $1,776,427 | $592,100 | 541% |
| Other Costs | -$6,069,954 | -$5,726,728 | -$1,776,427 | -$592,100 | 925% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$2,277,265 | -$2,905,135 | $0 | $0 | -22% |
| BALANCE SHEET | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $1,620,115 | $3,672,253 | $400,678 | $2,262,402 | -28% |
| Accounts Receivable | $90,000 | $93,438 | $63,874 | $0 | 41% |
| Total Liquidity | $1,710,115 | $3,765,691 | $464,552 | $2,262,402 | -24% |
| Other Assets | $5,256,789 | $5,365,203 | $4,824,986 | -$1,375,927 | -482% |
| Total Assets | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| Short Term debt | $62,640 | $15,808 | $25,424 | $74,015 | -15% |
| Long Term debt | $1,060,688 | $628,196 | $624,611 | $682,313 | 55% |
| Total Debt | $1,123,328 | $644,004 | $650,035 | $756,328 | 49% |
| Other Liabilities | $5,843,576 | $8,486,890 | $4,639,503 | $130,147 | 4,390% |
| Total Liabilities | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
Revenue Growth
Employee Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $4,464,786 | $3,401,728 | $2,134,535 | $853,260 | 423% |
| Cost of Goods Sold | -$672,097 | -$580,135 | -$358,108 | -$261,160 | 157% |
| Gross Profit | $3,792,689 | $2,821,593 | $1,776,427 | $592,100 | 541% |
| Other Costs | -$6,069,954 | -$5,726,728 | -$1,776,427 | -$592,100 | 925% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$2,277,265 | -$2,905,135 | $0 | $0 | -22% |
| BALANCE SHEET | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $1,620,115 | $3,672,253 | $400,678 | $2,262,402 | -28% |
| Accounts Receivable | $90,000 | $93,438 | $63,874 | $0 | 41% |
| Total Liquidity | $1,710,115 | $3,765,691 | $464,552 | $2,262,402 | -24% |
| Other Assets | $5,256,789 | $5,365,203 | $4,824,986 | -$1,375,927 | -482% |
| Total Assets | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| Short Term debt | $62,640 | $15,808 | $25,424 | $74,015 | -15% |
| Long Term debt | $1,060,688 | $628,196 | $624,611 | $682,313 | 55% |
| Total Debt | $1,123,328 | $644,004 | $650,035 | $756,328 | 49% |
| Other Liabilities | $5,843,576 | $8,486,890 | $4,639,503 | $130,147 | 4,390% |
| Total Liabilities | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $4,464,786 | $3,401,728 | $2,134,535 | $853,260 | 423% |
| Cost of Goods Sold | -$672,097 | -$580,135 | -$358,108 | -$261,160 | 157% |
| Gross Profit | $3,792,689 | $2,821,593 | $1,776,427 | $592,100 | 541% |
| Other Costs | -$6,069,954 | -$5,726,728 | -$1,776,427 | -$592,100 | 925% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$2,277,265 | -$2,905,135 | $0 | $0 | -22% |
| BALANCE SHEET | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $1,620,115 | $3,672,253 | $400,678 | $2,262,402 | -28% |
| Accounts Receivable | $90,000 | $93,438 | $63,874 | $0 | 41% |
| Total Liquidity | $1,710,115 | $3,765,691 | $464,552 | $2,262,402 | -24% |
| Other Assets | $5,256,789 | $5,365,203 | $4,824,986 | -$1,375,927 | -482% |
| Total Assets | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| Short Term debt | $62,640 | $15,808 | $25,424 | $74,015 | -15% |
| Long Term debt | $1,060,688 | $628,196 | $624,611 | $682,313 | 55% |
| Total Debt | $1,123,328 | $644,004 | $650,035 | $756,328 | 49% |
| Other Liabilities | $5,843,576 | $8,486,890 | $4,639,503 | $130,147 | 4,390% |
| Total Liabilities | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $4,464,786 | $3,401,728 | $2,134,535 | $853,260 | 423% |
| Cost of Goods Sold | -$672,097 | -$580,135 | -$358,108 | -$261,160 | 157% |
| Gross Profit | $3,792,689 | $2,821,593 | $1,776,427 | $592,100 | 541% |
| Other Costs | -$6,069,954 | -$5,726,728 | -$1,776,427 | -$592,100 | 925% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$2,277,265 | -$2,905,135 | $0 | $0 | -22% |
| BALANCE SHEET | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $1,620,115 | $3,672,253 | $400,678 | $2,262,402 | -28% |
| Accounts Receivable | $90,000 | $93,438 | $63,874 | $0 | 41% |
| Total Liquidity | $1,710,115 | $3,765,691 | $464,552 | $2,262,402 | -24% |
| Other Assets | $5,256,789 | $5,365,203 | $4,824,986 | -$1,375,927 | -482% |
| Total Assets | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| Short Term debt | $62,640 | $15,808 | $25,424 | $74,015 | -15% |
| Long Term debt | $1,060,688 | $628,196 | $624,611 | $682,313 | 55% |
| Total Debt | $1,123,328 | $644,004 | $650,035 | $756,328 | 49% |
| Other Liabilities | $5,843,576 | $8,486,890 | $4,639,503 | $130,147 | 4,390% |
| Total Liabilities | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| INCOME STATEMENT | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $4,464,786 | $3,401,728 | $2,134,535 | $853,260 | 423% |
| Cost of Goods Sold | -$672,097 | -$580,135 | -$358,108 | -$261,160 | 157% |
| Gross Profit | $3,792,689 | $2,821,593 | $1,776,427 | $592,100 | 541% |
| Other Costs | -$6,069,954 | -$5,726,728 | -$1,776,427 | -$592,100 | 925% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$2,277,265 | -$2,905,135 | $0 | $0 | -22% |
| BALANCE SHEET | 2023 | 2022 | 2021 | 2020 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $1,620,115 | $3,672,253 | $400,678 | $2,262,402 | -28% |
| Accounts Receivable | $90,000 | $93,438 | $63,874 | $0 | 41% |
| Total Liquidity | $1,710,115 | $3,765,691 | $464,552 | $2,262,402 | -24% |
| Other Assets | $5,256,789 | $5,365,203 | $4,824,986 | -$1,375,927 | -482% |
| Total Assets | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
| Short Term debt | $62,640 | $15,808 | $25,424 | $74,015 | -15% |
| Long Term debt | $1,060,688 | $628,196 | $624,611 | $682,313 | 55% |
| Total Debt | $1,123,328 | $644,004 | $650,035 | $756,328 | 49% |
| Other Liabilities | $5,843,576 | $8,486,890 | $4,639,503 | $130,147 | 4,390% |
| Total Liabilities | $6,966,904 | $9,130,894 | $5,289,538 | $886,475 | 686% |
Indicators
Profit Margin
-51%
(34.4%)
2022: -85.4%
Current Ratio
111.22
(-80.7%)
2022: 577.61
Efficiency Ratio
15.1%
(-11.7%)
2022: 17.1%
Key figures
| INCOME STATEMENT | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue Growth | 31% | 59% | 150% | ∞ |
| Profit Margin | -51% | -85% | 0% | 0% |
| Current Ratio | 111% | 578% | 208% | 12% |
| Efficiency Ratio | 15% | 17% | 17% | 31% |
| Solvency Ratio | -203% | -451% | 0% | 0% |
| Debt Ratio | 16% | 7% | 12% | 85% |
Funding History
1 Funding Round
$1,486,227Total Raised
$10,800,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Nov 20, 2020 | $1,486,227 | Wefunder | Equity | $11M valuation | — | SEC Reg CF | 114 days | Jul 29, 2020 |
