About
OLLO is a footwear brand launched in 2012 and run by an experienced, dedicated team of experts and professionals. We are based in Los Angeles where OLLO founder and CEO, Chip Howes, resides. We develop our shoes with parkour, freerunning and ninja warrior athletes from around the globe.
- Torrance, United States of America
- Legal Name: Ollo Group INC
- Company ID: 87-1158449
- Year Founded: 2012
- Industry: Sporting Goods
- Website: https://ollopk.com/
- SEC Filings
Highlights
$4.6M
CF Valuation
$93K
Total Raised
$168.6K
Revenue
1
Employees
Indicators
Profit Margin
6.6%
(184.1%)
2021: -177.5%
Current Ratio
0.8
(0%)
2021: ∞
Revenue Growth
Financials
| INCOME STATEMENT | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Revenue | $168,581 | $48,324 | $74,024 | $157,709 | $194,439 | -13% |
| Cost of Goods Sold | -$42,145 | -$17,792 | -$58,431 | -$137,385 | -$114,924 | -63% |
| Gross Profit | $126,436 | $30,532 | $15,593 | $20,324 | $79,515 | 59% |
| Other Costs | -$115,276 | -$116,318 | -$119,809 | -$27,869 | -$88,104 | 31% |
| Taxes Paid | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $11,160 | -$85,786 | -$104,216 | -$7,545 | -$8,589 | -230% |
| BALANCE SHEET | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Cash | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | — |
| Total Liquidity | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Other Assets | $27,303 | $77,571 | $40,640 | $49,764 | $36,394 | -25% |
| Total Assets | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| Short Term debt | $45,952 | $0 | $6,385 | $8,689 | $8,334 | 451% |
| Long Term debt | $0 | $59,607 | $14,000 | $0 | $0 | -100% |
| Total Debt | $45,952 | $59,607 | $20,385 | $8,689 | $8,334 | 451% |
| Other Liabilities | -$9,279 | $18,182 | $22,499 | $44,813 | $43,488 | -121% |
| Total Liabilities | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
Revenue Growth
Employee Growth
Financials
| INCOME STATEMENT | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Revenue | $168,581 | $48,324 | $74,024 | $157,709 | $194,439 | -13% |
| Cost of Goods Sold | -$42,145 | -$17,792 | -$58,431 | -$137,385 | -$114,924 | -63% |
| Gross Profit | $126,436 | $30,532 | $15,593 | $20,324 | $79,515 | 59% |
| Other Costs | -$115,276 | -$116,318 | -$119,809 | -$27,869 | -$88,104 | 31% |
| Taxes Paid | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $11,160 | -$85,786 | -$104,216 | -$7,545 | -$8,589 | -230% |
| BALANCE SHEET | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Cash | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | — |
| Total Liquidity | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Other Assets | $27,303 | $77,571 | $40,640 | $49,764 | $36,394 | -25% |
| Total Assets | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| Short Term debt | $45,952 | $0 | $6,385 | $8,689 | $8,334 | 451% |
| Long Term debt | $0 | $59,607 | $14,000 | $0 | $0 | -100% |
| Total Debt | $45,952 | $59,607 | $20,385 | $8,689 | $8,334 | 451% |
| Other Liabilities | -$9,279 | $18,182 | $22,499 | $44,813 | $43,488 | -121% |
| Total Liabilities | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| INCOME STATEMENT | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Revenue | $168,581 | $48,324 | $74,024 | $157,709 | $194,439 | -13% |
| Cost of Goods Sold | -$42,145 | -$17,792 | -$58,431 | -$137,385 | -$114,924 | -63% |
| Gross Profit | $126,436 | $30,532 | $15,593 | $20,324 | $79,515 | 59% |
| Other Costs | -$115,276 | -$116,318 | -$119,809 | -$27,869 | -$88,104 | 31% |
| Taxes Paid | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $11,160 | -$85,786 | -$104,216 | -$7,545 | -$8,589 | -230% |
| BALANCE SHEET | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Cash | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | — |
| Total Liquidity | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Other Assets | $27,303 | $77,571 | $40,640 | $49,764 | $36,394 | -25% |
| Total Assets | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| Short Term debt | $45,952 | $0 | $6,385 | $8,689 | $8,334 | 451% |
| Long Term debt | $0 | $59,607 | $14,000 | $0 | $0 | -100% |
| Total Debt | $45,952 | $59,607 | $20,385 | $8,689 | $8,334 | 451% |
| Other Liabilities | -$9,279 | $18,182 | $22,499 | $44,813 | $43,488 | -121% |
| Total Liabilities | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| INCOME STATEMENT | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Revenue | $168,581 | $48,324 | $74,024 | $157,709 | $194,439 | -13% |
| Cost of Goods Sold | -$42,145 | -$17,792 | -$58,431 | -$137,385 | -$114,924 | -63% |
| Gross Profit | $126,436 | $30,532 | $15,593 | $20,324 | $79,515 | 59% |
| Other Costs | -$115,276 | -$116,318 | -$119,809 | -$27,869 | -$88,104 | 31% |
| Taxes Paid | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $11,160 | -$85,786 | -$104,216 | -$7,545 | -$8,589 | -230% |
| BALANCE SHEET | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Cash | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | — |
| Total Liquidity | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Other Assets | $27,303 | $77,571 | $40,640 | $49,764 | $36,394 | -25% |
| Total Assets | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| Short Term debt | $45,952 | $0 | $6,385 | $8,689 | $8,334 | 451% |
| Long Term debt | $0 | $59,607 | $14,000 | $0 | $0 | -100% |
| Total Debt | $45,952 | $59,607 | $20,385 | $8,689 | $8,334 | 451% |
| Other Liabilities | -$9,279 | $18,182 | $22,499 | $44,813 | $43,488 | -121% |
| Total Liabilities | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| INCOME STATEMENT | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Revenue | $168,581 | $48,324 | $74,024 | $157,709 | $194,439 | -13% |
| Cost of Goods Sold | -$42,145 | -$17,792 | -$58,431 | -$137,385 | -$114,924 | -63% |
| Gross Profit | $126,436 | $30,532 | $15,593 | $20,324 | $79,515 | 59% |
| Other Costs | -$115,276 | -$116,318 | -$119,809 | -$27,869 | -$88,104 | 31% |
| Taxes Paid | $0 | $0 | $0 | $0 | $0 | — |
| Net Income | $11,160 | -$85,786 | -$104,216 | -$7,545 | -$8,589 | -230% |
| BALANCE SHEET | 2022 | 2021 | 2020 | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|---|---|---|
| Cash | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | — |
| Total Liquidity | $9,370 | $218 | $2,244 | $3,738 | $15,428 | -39% |
| Other Assets | $27,303 | $77,571 | $40,640 | $49,764 | $36,394 | -25% |
| Total Assets | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
| Short Term debt | $45,952 | $0 | $6,385 | $8,689 | $8,334 | 451% |
| Long Term debt | $0 | $59,607 | $14,000 | $0 | $0 | -100% |
| Total Debt | $45,952 | $59,607 | $20,385 | $8,689 | $8,334 | 451% |
| Other Liabilities | -$9,279 | $18,182 | $22,499 | $44,813 | $43,488 | -121% |
| Total Liabilities | $36,673 | $77,789 | $42,884 | $53,502 | $51,822 | -29% |
Indicators
Profit Margin
6.6%
(184.1%)
2021: -177.5%
Current Ratio
0.8
(0%)
2021: ∞
Efficiency Ratio
25%
(-32.1%)
2021: 36.8%
Key figures
| INCOME STATEMENT | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue Growth | 249% | ∞ | -53% | -19% | ∞ |
| Profit Margin | 7% | -178% | -141% | -5% | -4% |
| Current Ratio | 1% | ∞ | 7% | 6% | 6% |
| Efficiency Ratio | 25% | 37% | 79% | 87% | 59% |
| Solvency Ratio | 24% | -144% | -511% | -87% | -103% |
| Debt Ratio | 125% | 77% | 48% | 16% | 16% |
Funding History
1 Funding Round
$93,036Total Raised
$4,600,004CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Apr 29, 2024 | $93,036 | Wefunder | Equity | $5M valuation | — | SEC Reg CF | 352 days | May 13, 2023 |
