About
The world's first air-to-water dispenser of mineral-rich alkaline water. Featuring innovative air-to-water technology, the Kara Pure transforms standard air in the home into up to 2.5 gallons of 9.2+ pH antioxidant-alkaline water per day while purifying and dehumidifying the ambient air.
- New York, United States of America
- Legal Name: Kara Water, INC.
- Company ID:
- Year Founded: 2020
- Industry: Retail
- Website: https://karawater.com/
- SEC Filings
Highlights
$16M
CF Valuation
$1.2M
Total Raised
$724K
Revenue
1
Employees
Indicators
Profit Margin
-55.8%
(363.7%)
2022: -419.5%
Current Ratio
0.63
(-12.5%)
2022: 0.72
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $723,994 | $141,845 | 410% |
| Cost of Goods Sold | -$515,764 | -$80,499 | 541% |
| Gross Profit | $208,230 | $61,346 | 239% |
| Other Costs | -$612,540 | -$656,431 | -7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$404,310 | -$595,085 | -32% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $5,195 | $103,425 | -95% |
| Accounts Receivable | $109,319 | $102,637 | 7% |
| Total Liquidity | $114,514 | $206,062 | -44% |
| Other Assets | $577,050 | $852,373 | -32% |
| Total Assets | $691,564 | $1,058,435 | -35% |
| Short Term debt | $1,105,345 | $1,464,703 | -25% |
| Long Term debt | $798,000 | $410,000 | 95% |
| Total Debt | $1,903,345 | $1,874,703 | 2% |
| Other Liabilities | -$1,211,781 | -$816,268 | 48% |
| Total Liabilities | $691,564 | $1,058,435 | -35% |
Revenue Growth
Valuation Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $723,994 | $141,845 | 410% |
| Cost of Goods Sold | -$515,764 | -$80,499 | 541% |
| Gross Profit | $208,230 | $61,346 | 239% |
| Other Costs | -$612,540 | -$656,431 | -7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$404,310 | -$595,085 | -32% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $5,195 | $103,425 | -95% |
| Accounts Receivable | $109,319 | $102,637 | 7% |
| Total Liquidity | $114,514 | $206,062 | -44% |
| Other Assets | $577,050 | $852,373 | -32% |
| Total Assets | $691,564 | $1,058,435 | -35% |
| Short Term debt | $1,105,345 | $1,464,703 | -25% |
| Long Term debt | $798,000 | $410,000 | 95% |
| Total Debt | $1,903,345 | $1,874,703 | 2% |
| Other Liabilities | -$1,211,781 | -$816,268 | 48% |
| Total Liabilities | $691,564 | $1,058,435 | -35% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $723,994 | $141,845 | 410% |
| Cost of Goods Sold | -$515,764 | -$80,499 | 541% |
| Gross Profit | $208,230 | $61,346 | 239% |
| Other Costs | -$612,540 | -$656,431 | -7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$404,310 | -$595,085 | -32% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $5,195 | $103,425 | -95% |
| Accounts Receivable | $109,319 | $102,637 | 7% |
| Total Liquidity | $114,514 | $206,062 | -44% |
| Other Assets | $577,050 | $852,373 | -32% |
| Total Assets | $691,564 | $1,058,435 | -35% |
| Short Term debt | $1,105,345 | $1,464,703 | -25% |
| Long Term debt | $798,000 | $410,000 | 95% |
| Total Debt | $1,903,345 | $1,874,703 | 2% |
| Other Liabilities | -$1,211,781 | -$816,268 | 48% |
| Total Liabilities | $691,564 | $1,058,435 | -35% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $723,994 | $141,845 | 410% |
| Cost of Goods Sold | -$515,764 | -$80,499 | 541% |
| Gross Profit | $208,230 | $61,346 | 239% |
| Other Costs | -$612,540 | -$656,431 | -7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$404,310 | -$595,085 | -32% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $5,195 | $103,425 | -95% |
| Accounts Receivable | $109,319 | $102,637 | 7% |
| Total Liquidity | $114,514 | $206,062 | -44% |
| Other Assets | $577,050 | $852,373 | -32% |
| Total Assets | $691,564 | $1,058,435 | -35% |
| Short Term debt | $1,105,345 | $1,464,703 | -25% |
| Long Term debt | $798,000 | $410,000 | 95% |
| Total Debt | $1,903,345 | $1,874,703 | 2% |
| Other Liabilities | -$1,211,781 | -$816,268 | 48% |
| Total Liabilities | $691,564 | $1,058,435 | -35% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $723,994 | $141,845 | 410% |
| Cost of Goods Sold | -$515,764 | -$80,499 | 541% |
| Gross Profit | $208,230 | $61,346 | 239% |
| Other Costs | -$612,540 | -$656,431 | -7% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$404,310 | -$595,085 | -32% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $5,195 | $103,425 | -95% |
| Accounts Receivable | $109,319 | $102,637 | 7% |
| Total Liquidity | $114,514 | $206,062 | -44% |
| Other Assets | $577,050 | $852,373 | -32% |
| Total Assets | $691,564 | $1,058,435 | -35% |
| Short Term debt | $1,105,345 | $1,464,703 | -25% |
| Long Term debt | $798,000 | $410,000 | 95% |
| Total Debt | $1,903,345 | $1,874,703 | 2% |
| Other Liabilities | -$1,211,781 | -$816,268 | 48% |
| Total Liabilities | $691,564 | $1,058,435 | -35% |
Indicators
Profit Margin
-55.8%
(363.7%)
2022: -419.5%
Current Ratio
0.63
(-12.5%)
2022: 0.72
Efficiency Ratio
71.2%
(25.4%)
2022: 56.8%
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | 410% | ∞ |
| Profit Margin | -56% | -420% |
| Current Ratio | 1% | 1% |
| Efficiency Ratio | 71% | 57% |
| Solvency Ratio | -21% | -32% |
| Debt Ratio | 275% | 177% |
Funding History
1 Funding Round
$1,227,047Total Raised
$15,996,960CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Jan 08, 2025 | $1,227,047 | StartEngine | Equity | $16M valuation | — | SEC Reg CF | 384 days | Dec 21, 2023 |
