About
Meal kits and virtual restaurants serving authentic Indian cuisines in accessible formats. The Cumin Club - 5-minute meal kits at www.thecuminclub.com The Cumin Bowl - healthy Indian bowls at www.thecuminbowl.com
- Chicago, United States of America
- Legal Name: Tcc Brands INC.
- Company ID:
- Year Founded: 2021
- Industry: Food & Beverages
- Website: https://www.thecuminclub.com/
- SEC Filings
Highlights
$20.1M
CF Valuation
$0
Total Raised
$3.4M
Revenue
5
Employees
Indicators
Profit Margin
-34.9%
(0.7%)
2023: -35.6%
Current Ratio
0.35
(-85.1%)
2023: 2.35
Revenue Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $3,406,055 | $3,592,797 | $2,791,956 | 22% |
| Cost of Goods Sold | -$2,036,112 | -$2,102,446 | -$1,975,795 | 3% |
| Gross Profit | $1,369,943 | $1,490,351 | $816,161 | 68% |
| Other Costs | -$2,558,948 | -$2,751,966 | -$2,842,055 | -10% |
| Taxes Paid | $0 | -$18,844 | -$2,815 | -100% |
| Net Income | -$1,189,005 | -$1,280,459 | -$2,028,709 | -41% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $159,875 | $139,902 | $1,408,390 | -89% |
| Accounts Receivable | $18,074 | $24,616 | $41,928 | -57% |
| Total Liquidity | $177,949 | $164,518 | $1,450,318 | -88% |
| Other Assets | $1,094,812 | $1,521,882 | $954,867 | 15% |
| Total Assets | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| Short Term debt | $3,606,253 | $582,609 | $497,009 | 626% |
| Long Term debt | $91,522 | $2,491,789 | $2,000,088 | -95% |
| Total Debt | $3,697,775 | $3,074,398 | $2,497,097 | 48% |
| Other Liabilities | -$2,425,014 | -$1,387,998 | -$91,912 | 2,538% |
| Total Liabilities | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
Revenue Growth
Employee Growth
Financials
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $3,406,055 | $3,592,797 | $2,791,956 | 22% |
| Cost of Goods Sold | -$2,036,112 | -$2,102,446 | -$1,975,795 | 3% |
| Gross Profit | $1,369,943 | $1,490,351 | $816,161 | 68% |
| Other Costs | -$2,558,948 | -$2,751,966 | -$2,842,055 | -10% |
| Taxes Paid | $0 | -$18,844 | -$2,815 | -100% |
| Net Income | -$1,189,005 | -$1,280,459 | -$2,028,709 | -41% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $159,875 | $139,902 | $1,408,390 | -89% |
| Accounts Receivable | $18,074 | $24,616 | $41,928 | -57% |
| Total Liquidity | $177,949 | $164,518 | $1,450,318 | -88% |
| Other Assets | $1,094,812 | $1,521,882 | $954,867 | 15% |
| Total Assets | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| Short Term debt | $3,606,253 | $582,609 | $497,009 | 626% |
| Long Term debt | $91,522 | $2,491,789 | $2,000,088 | -95% |
| Total Debt | $3,697,775 | $3,074,398 | $2,497,097 | 48% |
| Other Liabilities | -$2,425,014 | -$1,387,998 | -$91,912 | 2,538% |
| Total Liabilities | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $3,406,055 | $3,592,797 | $2,791,956 | 22% |
| Cost of Goods Sold | -$2,036,112 | -$2,102,446 | -$1,975,795 | 3% |
| Gross Profit | $1,369,943 | $1,490,351 | $816,161 | 68% |
| Other Costs | -$2,558,948 | -$2,751,966 | -$2,842,055 | -10% |
| Taxes Paid | $0 | -$18,844 | -$2,815 | -100% |
| Net Income | -$1,189,005 | -$1,280,459 | -$2,028,709 | -41% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $159,875 | $139,902 | $1,408,390 | -89% |
| Accounts Receivable | $18,074 | $24,616 | $41,928 | -57% |
| Total Liquidity | $177,949 | $164,518 | $1,450,318 | -88% |
| Other Assets | $1,094,812 | $1,521,882 | $954,867 | 15% |
| Total Assets | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| Short Term debt | $3,606,253 | $582,609 | $497,009 | 626% |
| Long Term debt | $91,522 | $2,491,789 | $2,000,088 | -95% |
| Total Debt | $3,697,775 | $3,074,398 | $2,497,097 | 48% |
| Other Liabilities | -$2,425,014 | -$1,387,998 | -$91,912 | 2,538% |
| Total Liabilities | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $3,406,055 | $3,592,797 | $2,791,956 | 22% |
| Cost of Goods Sold | -$2,036,112 | -$2,102,446 | -$1,975,795 | 3% |
| Gross Profit | $1,369,943 | $1,490,351 | $816,161 | 68% |
| Other Costs | -$2,558,948 | -$2,751,966 | -$2,842,055 | -10% |
| Taxes Paid | $0 | -$18,844 | -$2,815 | -100% |
| Net Income | -$1,189,005 | -$1,280,459 | -$2,028,709 | -41% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $159,875 | $139,902 | $1,408,390 | -89% |
| Accounts Receivable | $18,074 | $24,616 | $41,928 | -57% |
| Total Liquidity | $177,949 | $164,518 | $1,450,318 | -88% |
| Other Assets | $1,094,812 | $1,521,882 | $954,867 | 15% |
| Total Assets | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| Short Term debt | $3,606,253 | $582,609 | $497,009 | 626% |
| Long Term debt | $91,522 | $2,491,789 | $2,000,088 | -95% |
| Total Debt | $3,697,775 | $3,074,398 | $2,497,097 | 48% |
| Other Liabilities | -$2,425,014 | -$1,387,998 | -$91,912 | 2,538% |
| Total Liabilities | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| INCOME STATEMENT | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Revenue | $3,406,055 | $3,592,797 | $2,791,956 | 22% |
| Cost of Goods Sold | -$2,036,112 | -$2,102,446 | -$1,975,795 | 3% |
| Gross Profit | $1,369,943 | $1,490,351 | $816,161 | 68% |
| Other Costs | -$2,558,948 | -$2,751,966 | -$2,842,055 | -10% |
| Taxes Paid | $0 | -$18,844 | -$2,815 | -100% |
| Net Income | -$1,189,005 | -$1,280,459 | -$2,028,709 | -41% |
| BALANCE SHEET | 2024 | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|---|
| Cash | $159,875 | $139,902 | $1,408,390 | -89% |
| Accounts Receivable | $18,074 | $24,616 | $41,928 | -57% |
| Total Liquidity | $177,949 | $164,518 | $1,450,318 | -88% |
| Other Assets | $1,094,812 | $1,521,882 | $954,867 | 15% |
| Total Assets | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
| Short Term debt | $3,606,253 | $582,609 | $497,009 | 626% |
| Long Term debt | $91,522 | $2,491,789 | $2,000,088 | -95% |
| Total Debt | $3,697,775 | $3,074,398 | $2,497,097 | 48% |
| Other Liabilities | -$2,425,014 | -$1,387,998 | -$91,912 | 2,538% |
| Total Liabilities | $1,272,761 | $1,686,400 | $2,405,185 | -47% |
Indicators
Profit Margin
-34.9%
(0.7%)
2023: -35.6%
Current Ratio
0.35
(-85.1%)
2023: 2.35
Efficiency Ratio
59.8%
(2.2%)
2023: 58.5%
Key figures
| INCOME STATEMENT | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue Growth | -5% | 29% | ∞ |
| Profit Margin | -35% | -36% | -73% |
| Current Ratio | 0% | 3% | 5% |
| Efficiency Ratio | 60% | 58% | 71% |
| Solvency Ratio | -32% | -42% | -81% |
| Debt Ratio | 290% | 182% | 104% |
Funding History
1 Funding Round
$580,750Total Raised
$20,107,431CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $580,750 | StartEngine | Equity | $20M valuation | — | SEC Reg CF | 169 days | Nov 21, 2024 |
