About
Proud to be Hawai'i Made Ola Brew Co. distinguishes itself as an independent, employee-owned brewery committed to producing the best possible beers and ciders. Our brews stand apart from the competition by going beyond local standards, with a vision set to compete on the world's stage as an internationally recognized brewery. Our approach—we apply traditional European beer making skills and training to beers made with local, Hawai'i-sourced inputs such as tropical fruits, herbs, hops, and yeast strains. The result is something truly unique and crafted with quality.
- Captain Cook, United States of America
- Legal Name: Hawaiian Ola Brewing CORPoration
- Company ID: 810904920
- Year Founded: 2015
- Industry: Food Production
- Website: https://www.hawaiianola.com
- SEC Filings
Highlights
—
CF Valuation
$140.9K
Total Raised
$8.3M
Revenue
62
Employees
Indicators
Profit Margin
-16.1%
(-11.1%)
2021: -5%
Current Ratio
36.76
(181.5%)
2021: 13.06
Revenue Growth
Financials
| INCOME STATEMENT | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Revenue | $8,283,212 | $7,224,150 | $3,550,667 | $1,493,279 | $0 | — | 455% |
| Cost of Goods Sold | -$5,013,143 | -$4,508,190 | -$1,908,183 | -$667,821 | $0 | — | 651% |
| Gross Profit | $3,270,069 | $2,715,960 | $1,642,484 | $825,458 | $0 | — | 296% |
| Other Costs | -$4,602,880 | -$3,080,491 | -$3,032,757 | -$1,872,109 | -$155,318 | — | 2,864% |
| Taxes Paid | $0 | $0 | -$55,253 | -$39,335 | $0 | — | -100% |
| Net Income | -$1,332,811 | -$364,531 | -$1,445,526 | -$1,085,986 | -$155,318 | — | 758% |
| BALANCE SHEET | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Cash | $836,374 | $1,319,702 | $152,837 | $152,324 | $244,325 | — | 242% |
| Accounts Receivable | $357,735 | $295,125 | $307,991 | $125,217 | $0 | — | 186% |
| Total Liquidity | $1,194,109 | $1,614,827 | $460,828 | $277,541 | $244,325 | — | 389% |
| Other Assets | $14,530,516 | $5,231,453 | $2,274,380 | $1,989,805 | $434,987 | — | 3,240% |
| Total Assets | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| Short Term debt | $427,734 | $524,281 | $1,017,668 | $462,327 | $42,592 | — | 904% |
| Long Term debt | $8,478,545 | $1,242,092 | $5,013,868 | $3,725,602 | $791,038 | — | 972% |
| Total Debt | $8,906,279 | $1,766,373 | $6,031,536 | $4,187,929 | $833,630 | — | 968% |
| Other Liabilities | $6,818,346 | $5,079,907 | -$3,296,327 | -$1,920,582 | -$154,318 | — | -4,518% |
| Total Liabilities | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
Revenue Growth
Employee Growth
Financials
| INCOME STATEMENT | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Revenue | $8,283,212 | $7,224,150 | $3,550,667 | $1,493,279 | $0 | — | 455% |
| Cost of Goods Sold | -$5,013,143 | -$4,508,190 | -$1,908,183 | -$667,821 | $0 | — | 651% |
| Gross Profit | $3,270,069 | $2,715,960 | $1,642,484 | $825,458 | $0 | — | 296% |
| Other Costs | -$4,602,880 | -$3,080,491 | -$3,032,757 | -$1,872,109 | -$155,318 | — | 2,864% |
| Taxes Paid | $0 | $0 | -$55,253 | -$39,335 | $0 | — | -100% |
| Net Income | -$1,332,811 | -$364,531 | -$1,445,526 | -$1,085,986 | -$155,318 | — | 758% |
| BALANCE SHEET | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Cash | $836,374 | $1,319,702 | $152,837 | $152,324 | $244,325 | — | 242% |
| Accounts Receivable | $357,735 | $295,125 | $307,991 | $125,217 | $0 | — | 186% |
| Total Liquidity | $1,194,109 | $1,614,827 | $460,828 | $277,541 | $244,325 | — | 389% |
| Other Assets | $14,530,516 | $5,231,453 | $2,274,380 | $1,989,805 | $434,987 | — | 3,240% |
| Total Assets | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| Short Term debt | $427,734 | $524,281 | $1,017,668 | $462,327 | $42,592 | — | 904% |
| Long Term debt | $8,478,545 | $1,242,092 | $5,013,868 | $3,725,602 | $791,038 | — | 972% |
| Total Debt | $8,906,279 | $1,766,373 | $6,031,536 | $4,187,929 | $833,630 | — | 968% |
| Other Liabilities | $6,818,346 | $5,079,907 | -$3,296,327 | -$1,920,582 | -$154,318 | — | -4,518% |
| Total Liabilities | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| INCOME STATEMENT | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Revenue | $8,283,212 | $7,224,150 | $3,550,667 | $1,493,279 | $0 | — | 455% |
| Cost of Goods Sold | -$5,013,143 | -$4,508,190 | -$1,908,183 | -$667,821 | $0 | — | 651% |
| Gross Profit | $3,270,069 | $2,715,960 | $1,642,484 | $825,458 | $0 | — | 296% |
| Other Costs | -$4,602,880 | -$3,080,491 | -$3,032,757 | -$1,872,109 | -$155,318 | — | 2,864% |
| Taxes Paid | $0 | $0 | -$55,253 | -$39,335 | $0 | — | -100% |
| Net Income | -$1,332,811 | -$364,531 | -$1,445,526 | -$1,085,986 | -$155,318 | — | 758% |
| BALANCE SHEET | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Cash | $836,374 | $1,319,702 | $152,837 | $152,324 | $244,325 | — | 242% |
| Accounts Receivable | $357,735 | $295,125 | $307,991 | $125,217 | $0 | — | 186% |
| Total Liquidity | $1,194,109 | $1,614,827 | $460,828 | $277,541 | $244,325 | — | 389% |
| Other Assets | $14,530,516 | $5,231,453 | $2,274,380 | $1,989,805 | $434,987 | — | 3,240% |
| Total Assets | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| Short Term debt | $427,734 | $524,281 | $1,017,668 | $462,327 | $42,592 | — | 904% |
| Long Term debt | $8,478,545 | $1,242,092 | $5,013,868 | $3,725,602 | $791,038 | — | 972% |
| Total Debt | $8,906,279 | $1,766,373 | $6,031,536 | $4,187,929 | $833,630 | — | 968% |
| Other Liabilities | $6,818,346 | $5,079,907 | -$3,296,327 | -$1,920,582 | -$154,318 | — | -4,518% |
| Total Liabilities | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| INCOME STATEMENT | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Revenue | $8,283,212 | $7,224,150 | $3,550,667 | $1,493,279 | $0 | — | 455% |
| Cost of Goods Sold | -$5,013,143 | -$4,508,190 | -$1,908,183 | -$667,821 | $0 | — | 651% |
| Gross Profit | $3,270,069 | $2,715,960 | $1,642,484 | $825,458 | $0 | — | 296% |
| Other Costs | -$4,602,880 | -$3,080,491 | -$3,032,757 | -$1,872,109 | -$155,318 | — | 2,864% |
| Taxes Paid | $0 | $0 | -$55,253 | -$39,335 | $0 | — | -100% |
| Net Income | -$1,332,811 | -$364,531 | -$1,445,526 | -$1,085,986 | -$155,318 | — | 758% |
| BALANCE SHEET | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Cash | $836,374 | $1,319,702 | $152,837 | $152,324 | $244,325 | — | 242% |
| Accounts Receivable | $357,735 | $295,125 | $307,991 | $125,217 | $0 | — | 186% |
| Total Liquidity | $1,194,109 | $1,614,827 | $460,828 | $277,541 | $244,325 | — | 389% |
| Other Assets | $14,530,516 | $5,231,453 | $2,274,380 | $1,989,805 | $434,987 | — | 3,240% |
| Total Assets | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| Short Term debt | $427,734 | $524,281 | $1,017,668 | $462,327 | $42,592 | — | 904% |
| Long Term debt | $8,478,545 | $1,242,092 | $5,013,868 | $3,725,602 | $791,038 | — | 972% |
| Total Debt | $8,906,279 | $1,766,373 | $6,031,536 | $4,187,929 | $833,630 | — | 968% |
| Other Liabilities | $6,818,346 | $5,079,907 | -$3,296,327 | -$1,920,582 | -$154,318 | — | -4,518% |
| Total Liabilities | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| INCOME STATEMENT | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Revenue | $8,283,212 | $7,224,150 | $3,550,667 | $1,493,279 | $0 | — | 455% |
| Cost of Goods Sold | -$5,013,143 | -$4,508,190 | -$1,908,183 | -$667,821 | $0 | — | 651% |
| Gross Profit | $3,270,069 | $2,715,960 | $1,642,484 | $825,458 | $0 | — | 296% |
| Other Costs | -$4,602,880 | -$3,080,491 | -$3,032,757 | -$1,872,109 | -$155,318 | — | 2,864% |
| Taxes Paid | $0 | $0 | -$55,253 | -$39,335 | $0 | — | -100% |
| Net Income | -$1,332,811 | -$364,531 | -$1,445,526 | -$1,085,986 | -$155,318 | — | 758% |
| BALANCE SHEET | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | TOTAL GROWTH |
|---|---|---|---|---|---|---|---|
| Cash | $836,374 | $1,319,702 | $152,837 | $152,324 | $244,325 | — | 242% |
| Accounts Receivable | $357,735 | $295,125 | $307,991 | $125,217 | $0 | — | 186% |
| Total Liquidity | $1,194,109 | $1,614,827 | $460,828 | $277,541 | $244,325 | — | 389% |
| Other Assets | $14,530,516 | $5,231,453 | $2,274,380 | $1,989,805 | $434,987 | — | 3,240% |
| Total Assets | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
| Short Term debt | $427,734 | $524,281 | $1,017,668 | $462,327 | $42,592 | — | 904% |
| Long Term debt | $8,478,545 | $1,242,092 | $5,013,868 | $3,725,602 | $791,038 | — | 972% |
| Total Debt | $8,906,279 | $1,766,373 | $6,031,536 | $4,187,929 | $833,630 | — | 968% |
| Other Liabilities | $6,818,346 | $5,079,907 | -$3,296,327 | -$1,920,582 | -$154,318 | — | -4,518% |
| Total Liabilities | $15,724,625 | $6,846,280 | $2,735,208 | $2,267,346 | $679,312 | — | 2,215% |
Indicators
Profit Margin
-16.1%
(-11.1%)
2021: -5%
Current Ratio
36.76
(181.5%)
2021: 13.06
Efficiency Ratio
60.5%
(-3%)
2021: 62.4%
Key figures
| INCOME STATEMENT | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | ∞ | 138% | ∞ | ∞ | ∞ |
| Profit Margin | -16% | -5% | -41% | -73% | 0% | 0% |
| Current Ratio | 37% | 13% | 3% | 5% | 16% | ∞ |
| Efficiency Ratio | 60% | 62% | 54% | 45% | ∞ | ∞ |
| Solvency Ratio | -15% | -21% | -24% | -26% | -19% | ∞ |
| Debt Ratio | 57% | 26% | 220% | 185% | 123% | ∞ |
Funding History
1 Funding Round
$140,906Total Raised
—CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Apr 27, 2019 | $140,906 | Wefunder | Convertible | — | — | SEC Reg CF | 161 days | Nov 17, 2018 |
