About
—
- Gaithersburg, United States of America
- Legal Name: Trustwire CORPoration
- Company ID: 371869450
- Year Founded: 2017
- Industry: Computer & Network Security
- Website: https://www.trustwire.com
- SEC Filings
Highlights
$5M
CF Valuation
$116.3K
Total Raised
$2.9K
Revenue
4
Employees
Indicators
Profit Margin
-3044.7%
(2197%)
2018: -5241.7%
Current Ratio
2.11
(10450%)
2018: 0.02
Revenue Growth
Financials
| INCOME STATEMENT | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,900 | $1,021 | 184% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,900 | $1,021 | 184% |
| Other Costs | -$90,869 | -$53,881 | 69% |
| Taxes Paid | -$327 | -$664 | -51% |
| Net Income | -$88,296 | -$53,524 | 65% |
| BALANCE SHEET | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $26,292 | $274 | 9,507% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $26,292 | $274 | 9,507% |
| Other Assets | $0 | $0 | — |
| Total Assets | $26,292 | $274 | 9,507% |
| Short Term debt | $12,465 | $12,398 | 1% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $12,465 | $12,398 | 1% |
| Other Liabilities | $13,827 | -$12,124 | -214% |
| Total Liabilities | $26,292 | $274 | 9,507% |
Revenue Growth
Financials
| INCOME STATEMENT | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,900 | $1,021 | 184% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,900 | $1,021 | 184% |
| Other Costs | -$90,869 | -$53,881 | 69% |
| Taxes Paid | -$327 | -$664 | -51% |
| Net Income | -$88,296 | -$53,524 | 65% |
| BALANCE SHEET | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $26,292 | $274 | 9,507% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $26,292 | $274 | 9,507% |
| Other Assets | $0 | $0 | — |
| Total Assets | $26,292 | $274 | 9,507% |
| Short Term debt | $12,465 | $12,398 | 1% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $12,465 | $12,398 | 1% |
| Other Liabilities | $13,827 | -$12,124 | -214% |
| Total Liabilities | $26,292 | $274 | 9,507% |
| INCOME STATEMENT | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,900 | $1,021 | 184% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,900 | $1,021 | 184% |
| Other Costs | -$90,869 | -$53,881 | 69% |
| Taxes Paid | -$327 | -$664 | -51% |
| Net Income | -$88,296 | -$53,524 | 65% |
| BALANCE SHEET | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $26,292 | $274 | 9,507% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $26,292 | $274 | 9,507% |
| Other Assets | $0 | $0 | — |
| Total Assets | $26,292 | $274 | 9,507% |
| Short Term debt | $12,465 | $12,398 | 1% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $12,465 | $12,398 | 1% |
| Other Liabilities | $13,827 | -$12,124 | -214% |
| Total Liabilities | $26,292 | $274 | 9,507% |
| INCOME STATEMENT | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $2,900 | $1,021 | 184% |
| Cost of Goods Sold | $0 | $0 | — |
| Gross Profit | $2,900 | $1,021 | 184% |
| Other Costs | -$90,869 | -$53,881 | 69% |
| Taxes Paid | -$327 | -$664 | -51% |
| Net Income | -$88,296 | -$53,524 | 65% |
| BALANCE SHEET | 2019 | 2018 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $26,292 | $274 | 9,507% |
| Accounts Receivable | $0 | $0 | — |
| Total Liquidity | $26,292 | $274 | 9,507% |
| Other Assets | $0 | $0 | — |
| Total Assets | $26,292 | $274 | 9,507% |
| Short Term debt | $12,465 | $12,398 | 1% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $12,465 | $12,398 | 1% |
| Other Liabilities | $13,827 | -$12,124 | -214% |
| Total Liabilities | $26,292 | $274 | 9,507% |
Indicators
Profit Margin
-3044.7%
(2197%)
2018: -5241.7%
Current Ratio
2.11
(10450%)
2018: 0.02
Efficiency Ratio
∞
(0%)
2018: ∞
Key figures
| INCOME STATEMENT | 2019 | 2018 |
|---|---|---|
| Revenue Growth | 184% | ∞ |
| Profit Margin | -3,045% | -5,242% |
| Current Ratio | 2% | 0% |
| Efficiency Ratio | 0% | 0% |
| Solvency Ratio | -708% | -432% |
| Debt Ratio | 47% | 4,530% |
Funding History
1 Funding Round
$116,345Total Raised
$5,004,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Closed | Closed | May 03, 2019 | $116,345 | Wefunder | Equity | $5M valuation | — | SEC Reg CF | 135 days | Dec 19, 2018 |
