AquaBoy
AquaBoy® produces purified drinking water by extracting moisture from the air.
Analytics
Raised to Date: $108,617
Aggregate Commitments $
Netcapital
09/11/2020
04/01/2021
$10,000
$1,070,000
$99
Equity - Common
RegCF
Pre-Seed
$9,003,104
Weekly Commitments $
Active
01/24/2021
64
1,086%
10%
$805
Cooper City, Florida
Energy, Power, & Natural Resources
Cleantech
B2B2C
Medium
High
AquaBoy, with a post-money valuation of $10.07 million, is raising funds on NetCapital. AquaBoy is the flagship product of Atmospheric Water Solutions. It extracts moisture from the air to produce purified drinking water. The product is available as AquaBoy Pro II for home and office use, and AquaBoy Commercial for commercial and industrial purposes. AquaBoy was founded by Doug Marcille, Reid Goldstein, and Al Johnston in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used for product development, marketing, management payroll, staff payroll, lease, utilities, and overhead expenses. AquaBoy comes with replaceable filters for the aftermarket revenue stream. The product is built to solve problems of water quality, water sustainability and availability, and the value of water and the environment.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$223,134 |
$284,514 |
|
COGS |
$161,619 |
$268,077 |
|
Tax |
$509 |
$967 |
| ||
| ||
|
Net Income |
$-572,360 |
$-1,003,536 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$49,220 |
$9,657 |
|
Accounts Receivable |
$24,568 |
$58,312 |
|
Total Assets |
$335,877 |
$483,252 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$4,241,191 |
$0 |
|
Total Liabilities |
$4,241,191 |
$3,127,696 |
Ratings
Ratings Platform - Beta Trial
Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
Manta Biofuel on Republic
The global oil and gas market was $3 trillion in 2019. The U.S…
HyperSciences on StartEngine
The world’s energy future is likely to be complex and uncertain in the long term. However, one thing…
COI Energy on Republic
COI Energy has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…