About
Paladin Power is a leading energy storage solution (ESS) for residential and commercial.
- Carlsbad, United States of America
- Legal Name: Paladin Power, INC.
- Company ID: 88-1982097
- Year Founded: 2022
- Industry: Renewables & Environment
- Website: https://paladinpower.com
- SEC Filings
Highlights
$84.7M
CF Valuation
$1.3M
Total Raised
$941.6K
Revenue
15
Employees
Indicators
Profit Margin
-627.8%
(-627.8%)
2023: 0%
Current Ratio
3.1
(-66%)
2023: 9.12
Revenue Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $941,645 | $941,645 | $941,645 | $0 | 0% |
| Cost of Goods Sold | -$586,787 | -$586,787 | -$586,787 | $0 | 0% |
| Gross Profit | $354,858 | $354,858 | $354,858 | $0 | 0% |
| Other Costs | -$6,266,338 | -$6,266,338 | -$6,266,338 | -$2,239,412 | 180% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$5,911,480 | -$5,911,480 | -$5,911,480 | -$2,239,412 | 164% |
| BALANCE SHEET | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $45,150 | $45,150 | $45,150 | $1,302,009 | -97% |
| Accounts Receivable | $133,515 | $133,515 | $133,515 | $119,892 | 11% |
| Total Liquidity | $178,665 | $178,665 | $178,665 | $1,421,901 | -87% |
| Other Assets | $2,831,515 | $2,831,515 | $2,831,515 | $2,701,152 | 5% |
| Total Assets | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| Short Term debt | $971,200 | $971,200 | $971,200 | $451,913 | 115% |
| Long Term debt | $174,550 | $174,550 | $174,550 | $0 | 0% |
| Total Debt | $1,145,750 | $1,145,750 | $1,145,750 | $451,913 | 154% |
| Other Liabilities | $1,864,430 | $1,864,430 | $1,864,430 | $3,671,140 | -49% |
| Total Liabilities | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
Revenue Growth
Employee Growth
Valuation Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $941,645 | $941,645 | $941,645 | $0 | 0% |
| Cost of Goods Sold | -$586,787 | -$586,787 | -$586,787 | $0 | 0% |
| Gross Profit | $354,858 | $354,858 | $354,858 | $0 | 0% |
| Other Costs | -$6,266,338 | -$6,266,338 | -$6,266,338 | -$2,239,412 | 180% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$5,911,480 | -$5,911,480 | -$5,911,480 | -$2,239,412 | 164% |
| BALANCE SHEET | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $45,150 | $45,150 | $45,150 | $1,302,009 | -97% |
| Accounts Receivable | $133,515 | $133,515 | $133,515 | $119,892 | 11% |
| Total Liquidity | $178,665 | $178,665 | $178,665 | $1,421,901 | -87% |
| Other Assets | $2,831,515 | $2,831,515 | $2,831,515 | $2,701,152 | 5% |
| Total Assets | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| Short Term debt | $971,200 | $971,200 | $971,200 | $451,913 | 115% |
| Long Term debt | $174,550 | $174,550 | $174,550 | $0 | 0% |
| Total Debt | $1,145,750 | $1,145,750 | $1,145,750 | $451,913 | 154% |
| Other Liabilities | $1,864,430 | $1,864,430 | $1,864,430 | $3,671,140 | -49% |
| Total Liabilities | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $941,645 | $941,645 | $941,645 | $0 | 0% |
| Cost of Goods Sold | -$586,787 | -$586,787 | -$586,787 | $0 | 0% |
| Gross Profit | $354,858 | $354,858 | $354,858 | $0 | 0% |
| Other Costs | -$6,266,338 | -$6,266,338 | -$6,266,338 | -$2,239,412 | 180% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$5,911,480 | -$5,911,480 | -$5,911,480 | -$2,239,412 | 164% |
| BALANCE SHEET | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $45,150 | $45,150 | $45,150 | $1,302,009 | -97% |
| Accounts Receivable | $133,515 | $133,515 | $133,515 | $119,892 | 11% |
| Total Liquidity | $178,665 | $178,665 | $178,665 | $1,421,901 | -87% |
| Other Assets | $2,831,515 | $2,831,515 | $2,831,515 | $2,701,152 | 5% |
| Total Assets | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| Short Term debt | $971,200 | $971,200 | $971,200 | $451,913 | 115% |
| Long Term debt | $174,550 | $174,550 | $174,550 | $0 | 0% |
| Total Debt | $1,145,750 | $1,145,750 | $1,145,750 | $451,913 | 154% |
| Other Liabilities | $1,864,430 | $1,864,430 | $1,864,430 | $3,671,140 | -49% |
| Total Liabilities | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $941,645 | $941,645 | $941,645 | $0 | 0% |
| Cost of Goods Sold | -$586,787 | -$586,787 | -$586,787 | $0 | 0% |
| Gross Profit | $354,858 | $354,858 | $354,858 | $0 | 0% |
| Other Costs | -$6,266,338 | -$6,266,338 | -$6,266,338 | -$2,239,412 | 180% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$5,911,480 | -$5,911,480 | -$5,911,480 | -$2,239,412 | 164% |
| BALANCE SHEET | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $45,150 | $45,150 | $45,150 | $1,302,009 | -97% |
| Accounts Receivable | $133,515 | $133,515 | $133,515 | $119,892 | 11% |
| Total Liquidity | $178,665 | $178,665 | $178,665 | $1,421,901 | -87% |
| Other Assets | $2,831,515 | $2,831,515 | $2,831,515 | $2,701,152 | 5% |
| Total Assets | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| Short Term debt | $971,200 | $971,200 | $971,200 | $451,913 | 115% |
| Long Term debt | $174,550 | $174,550 | $174,550 | $0 | 0% |
| Total Debt | $1,145,750 | $1,145,750 | $1,145,750 | $451,913 | 154% |
| Other Liabilities | $1,864,430 | $1,864,430 | $1,864,430 | $3,671,140 | -49% |
| Total Liabilities | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $941,645 | $941,645 | $941,645 | $0 | 0% |
| Cost of Goods Sold | -$586,787 | -$586,787 | -$586,787 | $0 | 0% |
| Gross Profit | $354,858 | $354,858 | $354,858 | $0 | 0% |
| Other Costs | -$6,266,338 | -$6,266,338 | -$6,266,338 | -$2,239,412 | 180% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$5,911,480 | -$5,911,480 | -$5,911,480 | -$2,239,412 | 164% |
| BALANCE SHEET | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $45,150 | $45,150 | $45,150 | $1,302,009 | -97% |
| Accounts Receivable | $133,515 | $133,515 | $133,515 | $119,892 | 11% |
| Total Liquidity | $178,665 | $178,665 | $178,665 | $1,421,901 | -87% |
| Other Assets | $2,831,515 | $2,831,515 | $2,831,515 | $2,701,152 | 5% |
| Total Assets | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| Short Term debt | $971,200 | $971,200 | $971,200 | $451,913 | 115% |
| Long Term debt | $174,550 | $174,550 | $174,550 | $0 | 0% |
| Total Debt | $1,145,750 | $1,145,750 | $1,145,750 | $451,913 | 154% |
| Other Liabilities | $1,864,430 | $1,864,430 | $1,864,430 | $3,671,140 | -49% |
| Total Liabilities | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Revenue | $941,645 | $941,645 | $941,645 | $0 | 0% |
| Cost of Goods Sold | -$586,787 | -$586,787 | -$586,787 | $0 | 0% |
| Gross Profit | $354,858 | $354,858 | $354,858 | $0 | 0% |
| Other Costs | -$6,266,338 | -$6,266,338 | -$6,266,338 | -$2,239,412 | 180% |
| Taxes Paid | $0 | $0 | $0 | $0 | — |
| Net Income | -$5,911,480 | -$5,911,480 | -$5,911,480 | -$2,239,412 | 164% |
| BALANCE SHEET | 2024 | 2023 | 2022 | 2021 | TOTAL GROWTH |
|---|---|---|---|---|---|
| Cash | $45,150 | $45,150 | $45,150 | $1,302,009 | -97% |
| Accounts Receivable | $133,515 | $133,515 | $133,515 | $119,892 | 11% |
| Total Liquidity | $178,665 | $178,665 | $178,665 | $1,421,901 | -87% |
| Other Assets | $2,831,515 | $2,831,515 | $2,831,515 | $2,701,152 | 5% |
| Total Assets | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
| Short Term debt | $971,200 | $971,200 | $971,200 | $451,913 | 115% |
| Long Term debt | $174,550 | $174,550 | $174,550 | $0 | 0% |
| Total Debt | $1,145,750 | $1,145,750 | $1,145,750 | $451,913 | 154% |
| Other Liabilities | $1,864,430 | $1,864,430 | $1,864,430 | $3,671,140 | -49% |
| Total Liabilities | $3,010,180 | $3,010,180 | $3,010,180 | $4,123,053 | -27% |
Indicators
Profit Margin
-627.8%
(-627.8%)
2023: 0%
Current Ratio
3.1
(-66%)
2023: 9.12
Efficiency Ratio
62.3%
(0%)
2023: ∞
Key figures
| INCOME STATEMENT | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue Growth | ∞ | ∞ | ∞ | ∞ |
| Profit Margin | -628% | -628% | -628% | 0% |
| Current Ratio | 3% | 3% | 3% | 9% |
| Efficiency Ratio | 62% | 62% | 62% | ∞ |
| Solvency Ratio | -516% | -516% | -516% | -496% |
| Debt Ratio | 38% | 38% | 38% | 11% |
Funding History
2 Funding Rounds
$1,251,526Total Raised
$84,735,995CF Valuation
26%Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
2. Closed | Closed | Dec 20, 2024 | $620,527 | Wefunder | Equity | $85M valuation | 26% | SEC Reg CF | 69 days | Oct 12, 2024 |
1. Closed | Closed | Apr 29, 2024 | $630,999 | Wefunder | Equity | $67M valuation | — | SEC Reg CF | 52 days | Mar 08, 2024 |
