About
MushroomSupplies.com is all about Making Mushrooms Easy™. We are your one-stop shop for everything you need to grow mushrooms!
- Westminster, United States of America
- Legal Name: Tripp Supplies, INC.
- Company ID: 863710008
- Year Founded: 2021
- Industry: Mechanical Or Industrial Engineering
- Website: https://MushroomSupplies.com
- SEC Filings
Highlights
—
CF Valuation
$0
Total Raised
$8.8M
Revenue
15
Employees
Indicators
Profit Margin
-30.7%
(-11.1%)
2022: -19.6%
Current Ratio
2.7
(-38.6%)
2022: 4.4
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $8,771,396 | $4,175,833 | 110% |
| Cost of Goods Sold | -$2,917,633 | -$1,235,027 | 136% |
| Gross Profit | $5,853,763 | $2,940,806 | 99% |
| Other Costs | -$8,537,732 | -$3,760,003 | 127% |
| Taxes Paid | -$6,800 | $0 | — |
| Net Income | -$2,690,769 | -$819,197 | 228% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $192,389 | $343,018 | -44% |
| Accounts Receivable | $43,724 | $454,535 | -90% |
| Total Liquidity | $236,113 | $797,553 | -70% |
| Other Assets | $3,773,916 | $617,091 | 512% |
| Total Assets | $4,010,029 | $1,414,644 | 183% |
| Short Term debt | $1,486,500 | $321,166 | 363% |
| Long Term debt | $2,225,646 | $0 | — |
| Total Debt | $3,712,146 | $321,166 | 1,056% |
| Other Liabilities | $297,883 | $1,093,478 | -73% |
| Total Liabilities | $4,010,029 | $1,414,644 | 183% |
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $8,771,396 | $4,175,833 | 110% |
| Cost of Goods Sold | -$2,917,633 | -$1,235,027 | 136% |
| Gross Profit | $5,853,763 | $2,940,806 | 99% |
| Other Costs | -$8,537,732 | -$3,760,003 | 127% |
| Taxes Paid | -$6,800 | $0 | — |
| Net Income | -$2,690,769 | -$819,197 | 228% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $192,389 | $343,018 | -44% |
| Accounts Receivable | $43,724 | $454,535 | -90% |
| Total Liquidity | $236,113 | $797,553 | -70% |
| Other Assets | $3,773,916 | $617,091 | 512% |
| Total Assets | $4,010,029 | $1,414,644 | 183% |
| Short Term debt | $1,486,500 | $321,166 | 363% |
| Long Term debt | $2,225,646 | $0 | — |
| Total Debt | $3,712,146 | $321,166 | 1,056% |
| Other Liabilities | $297,883 | $1,093,478 | -73% |
| Total Liabilities | $4,010,029 | $1,414,644 | 183% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $8,771,396 | $4,175,833 | 110% |
| Cost of Goods Sold | -$2,917,633 | -$1,235,027 | 136% |
| Gross Profit | $5,853,763 | $2,940,806 | 99% |
| Other Costs | -$8,537,732 | -$3,760,003 | 127% |
| Taxes Paid | -$6,800 | $0 | — |
| Net Income | -$2,690,769 | -$819,197 | 228% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $192,389 | $343,018 | -44% |
| Accounts Receivable | $43,724 | $454,535 | -90% |
| Total Liquidity | $236,113 | $797,553 | -70% |
| Other Assets | $3,773,916 | $617,091 | 512% |
| Total Assets | $4,010,029 | $1,414,644 | 183% |
| Short Term debt | $1,486,500 | $321,166 | 363% |
| Long Term debt | $2,225,646 | $0 | — |
| Total Debt | $3,712,146 | $321,166 | 1,056% |
| Other Liabilities | $297,883 | $1,093,478 | -73% |
| Total Liabilities | $4,010,029 | $1,414,644 | 183% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $8,771,396 | $4,175,833 | 110% |
| Cost of Goods Sold | -$2,917,633 | -$1,235,027 | 136% |
| Gross Profit | $5,853,763 | $2,940,806 | 99% |
| Other Costs | -$8,537,732 | -$3,760,003 | 127% |
| Taxes Paid | -$6,800 | $0 | — |
| Net Income | -$2,690,769 | -$819,197 | 228% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $192,389 | $343,018 | -44% |
| Accounts Receivable | $43,724 | $454,535 | -90% |
| Total Liquidity | $236,113 | $797,553 | -70% |
| Other Assets | $3,773,916 | $617,091 | 512% |
| Total Assets | $4,010,029 | $1,414,644 | 183% |
| Short Term debt | $1,486,500 | $321,166 | 363% |
| Long Term debt | $2,225,646 | $0 | — |
| Total Debt | $3,712,146 | $321,166 | 1,056% |
| Other Liabilities | $297,883 | $1,093,478 | -73% |
| Total Liabilities | $4,010,029 | $1,414,644 | 183% |
Indicators
Profit Margin
-30.7%
(-11.1%)
2022: -19.6%
Current Ratio
2.7
(-38.6%)
2022: 4.4
Efficiency Ratio
33.3%
(12.5%)
2022: 29.6%
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | 110% | ∞ |
| Profit Margin | -31% | -20% |
| Current Ratio | 3% | 4% |
| Efficiency Ratio | 33% | 30% |
| Solvency Ratio | -72% | -255% |
| Debt Ratio | 93% | 23% |
Funding History
1 Funding Round
$63,710Total Raised
—CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $63,710 | Wefunder | SAFE | — | — | SEC Reg CF | 64 days | Aug 27, 2024 |
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