About
—
- Fountain Valley, United States of America
- Legal Name: Son Foods INC.
- Company ID: 871727991
- Year Founded: 2021
- Industry: Food & Beverages
- Website: https://sonfishsauce.com/
- SEC Filings
Highlights
—
CF Valuation
$75.4K
Total Raised
$272.8K
Revenue
2
Employees
Indicators
Profit Margin
1.2%
(1.2%)
2022: 0%
Current Ratio
3.18
(0%)
2022: ∞
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $272,850 | $0 | — |
| Cost of Goods Sold | -$209,296 | $0 | — |
| Gross Profit | $63,554 | $0 | — |
| Other Costs | -$60,318 | -$315,321 | -81% |
| Taxes Paid | $0 | $0 | — |
| Net Income | $3,236 | -$315,321 | -101% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,558 | $27,457 | -87% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,558 | $27,457 | -87% |
| Other Assets | $183,000 | $97,167 | 88% |
| Total Assets | $186,558 | $124,624 | 50% |
| Short Term debt | $58,698 | $0 | — |
| Long Term debt | $440,000 | $440,000 | 0% |
| Total Debt | $498,698 | $440,000 | 13% |
| Other Liabilities | -$312,140 | -$315,376 | -1% |
| Total Liabilities | $186,558 | $124,624 | 50% |
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $272,850 | $0 | — |
| Cost of Goods Sold | -$209,296 | $0 | — |
| Gross Profit | $63,554 | $0 | — |
| Other Costs | -$60,318 | -$315,321 | -81% |
| Taxes Paid | $0 | $0 | — |
| Net Income | $3,236 | -$315,321 | -101% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,558 | $27,457 | -87% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,558 | $27,457 | -87% |
| Other Assets | $183,000 | $97,167 | 88% |
| Total Assets | $186,558 | $124,624 | 50% |
| Short Term debt | $58,698 | $0 | — |
| Long Term debt | $440,000 | $440,000 | 0% |
| Total Debt | $498,698 | $440,000 | 13% |
| Other Liabilities | -$312,140 | -$315,376 | -1% |
| Total Liabilities | $186,558 | $124,624 | 50% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $272,850 | $0 | — |
| Cost of Goods Sold | -$209,296 | $0 | — |
| Gross Profit | $63,554 | $0 | — |
| Other Costs | -$60,318 | -$315,321 | -81% |
| Taxes Paid | $0 | $0 | — |
| Net Income | $3,236 | -$315,321 | -101% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,558 | $27,457 | -87% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,558 | $27,457 | -87% |
| Other Assets | $183,000 | $97,167 | 88% |
| Total Assets | $186,558 | $124,624 | 50% |
| Short Term debt | $58,698 | $0 | — |
| Long Term debt | $440,000 | $440,000 | 0% |
| Total Debt | $498,698 | $440,000 | 13% |
| Other Liabilities | -$312,140 | -$315,376 | -1% |
| Total Liabilities | $186,558 | $124,624 | 50% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $272,850 | $0 | — |
| Cost of Goods Sold | -$209,296 | $0 | — |
| Gross Profit | $63,554 | $0 | — |
| Other Costs | -$60,318 | -$315,321 | -81% |
| Taxes Paid | $0 | $0 | — |
| Net Income | $3,236 | -$315,321 | -101% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $3,558 | $27,457 | -87% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $3,558 | $27,457 | -87% |
| Other Assets | $183,000 | $97,167 | 88% |
| Total Assets | $186,558 | $124,624 | 50% |
| Short Term debt | $58,698 | $0 | — |
| Long Term debt | $440,000 | $440,000 | 0% |
| Total Debt | $498,698 | $440,000 | 13% |
| Other Liabilities | -$312,140 | -$315,376 | -1% |
| Total Liabilities | $186,558 | $124,624 | 50% |
Indicators
Profit Margin
1.2%
(1.2%)
2022: 0%
Current Ratio
3.18
(0%)
2022: ∞
Efficiency Ratio
76.7%
(0%)
2022: ∞
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | ∞ | ∞ |
| Profit Margin | 1% | 0% |
| Current Ratio | 3% | ∞ |
| Efficiency Ratio | 77% | ∞ |
| Solvency Ratio | 1% | -72% |
| Debt Ratio | 267% | 353% |
Funding History
1 Funding Round
$75,350Total Raised
—CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | Mar 21, 2025 | $75,350 | Wefunder | SAFE | — | — | SEC Reg CF | 100 days | Dec 11, 2024 |
