About
YATE (pronounced ya-tay) is a sparkling yerba mate for social occasions. Mixologist crafted flavors with 100% yerba mate and no added caffeine.
- Fountain Valley, United States of America
- Legal Name: AlternABev INC.
- Company ID: 881617340
- Year Founded: —
- Industry: Food & Beverages
- Website: —
- SEC Filings
Highlights
$3M
CF Valuation
$0
Total Raised
$40.4K
Revenue
0
Employees
Indicators
Profit Margin
-492.7%
(1151.2%)
2022: -1643.9%
Current Ratio
1619.4
(57.1%)
2022: 1030.94
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $40,394 | $4,545 | 789% |
| Cost of Goods Sold | -$76,443 | -$5,847 | 1,207% |
| Gross Profit | -$36,049 | -$1,303 | 2,668% |
| Other Costs | -$162,968 | -$73,409 | 122% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$199,018 | -$74,711 | 166% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $28,529 | $86,152 | -67% |
| Accounts Receivable | $1,871 | $0 | — |
| Total Liquidity | $30,400 | $86,152 | -65% |
| Other Assets | $54,343 | $67,706 | -20% |
| Total Assets | $84,743 | $153,858 | -45% |
| Short Term debt | $52 | $149 | -65% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $52 | $149 | -65% |
| Other Liabilities | $84,691 | $153,709 | -45% |
| Total Liabilities | $84,743 | $153,858 | -45% |
Revenue Growth
Financials
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $40,394 | $4,545 | 789% |
| Cost of Goods Sold | -$76,443 | -$5,847 | 1,207% |
| Gross Profit | -$36,049 | -$1,303 | 2,668% |
| Other Costs | -$162,968 | -$73,409 | 122% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$199,018 | -$74,711 | 166% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $28,529 | $86,152 | -67% |
| Accounts Receivable | $1,871 | $0 | — |
| Total Liquidity | $30,400 | $86,152 | -65% |
| Other Assets | $54,343 | $67,706 | -20% |
| Total Assets | $84,743 | $153,858 | -45% |
| Short Term debt | $52 | $149 | -65% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $52 | $149 | -65% |
| Other Liabilities | $84,691 | $153,709 | -45% |
| Total Liabilities | $84,743 | $153,858 | -45% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $40,394 | $4,545 | 789% |
| Cost of Goods Sold | -$76,443 | -$5,847 | 1,207% |
| Gross Profit | -$36,049 | -$1,303 | 2,668% |
| Other Costs | -$162,968 | -$73,409 | 122% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$199,018 | -$74,711 | 166% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $28,529 | $86,152 | -67% |
| Accounts Receivable | $1,871 | $0 | — |
| Total Liquidity | $30,400 | $86,152 | -65% |
| Other Assets | $54,343 | $67,706 | -20% |
| Total Assets | $84,743 | $153,858 | -45% |
| Short Term debt | $52 | $149 | -65% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $52 | $149 | -65% |
| Other Liabilities | $84,691 | $153,709 | -45% |
| Total Liabilities | $84,743 | $153,858 | -45% |
| INCOME STATEMENT | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Revenue | $40,394 | $4,545 | 789% |
| Cost of Goods Sold | -$76,443 | -$5,847 | 1,207% |
| Gross Profit | -$36,049 | -$1,303 | 2,668% |
| Other Costs | -$162,968 | -$73,409 | 122% |
| Taxes Paid | $0 | $0 | — |
| Net Income | -$199,018 | -$74,711 | 166% |
| BALANCE SHEET | 2023 | 2022 | TOTAL GROWTH |
|---|---|---|---|
| Cash | $28,529 | $86,152 | -67% |
| Accounts Receivable | $1,871 | $0 | — |
| Total Liquidity | $30,400 | $86,152 | -65% |
| Other Assets | $54,343 | $67,706 | -20% |
| Total Assets | $84,743 | $153,858 | -45% |
| Short Term debt | $52 | $149 | -65% |
| Long Term debt | $0 | $0 | — |
| Total Debt | $52 | $149 | -65% |
| Other Liabilities | $84,691 | $153,709 | -45% |
| Total Liabilities | $84,743 | $153,858 | -45% |
Indicators
Profit Margin
-492.7%
(1151.2%)
2022: -1643.9%
Current Ratio
1619.4
(57.1%)
2022: 1030.94
Efficiency Ratio
189.2%
(47%)
2022: 128.7%
Key figures
| INCOME STATEMENT | 2023 | 2022 |
|---|---|---|
| Revenue Growth | 789% | ∞ |
| Profit Margin | -493% | -1,644% |
| Current Ratio | 1,619% | 1,031% |
| Efficiency Ratio | 189% | 129% |
| Solvency Ratio | -380,312% | -50,061% |
| Debt Ratio | 0% | 0% |
Funding History
1 Funding Round
$64,550Total Raised
$2,970,000CF Valuation
—Valuation Growth
| ROUND | STATUS | CLOSE DATE | RAISED | PLATFORM | SECURITY | TERMS | GROWTH | REGULATION | DAYS OPEN | START DATE |
|---|---|---|---|---|---|---|---|---|---|---|
1. Open | Open | — | $64,550 | Wefunder | SAFE | $3M cap | — | SEC Reg CF | 119 days | Oct 09, 2024 |
