AquaBoy
AquaBoy® produces purified drinking water by extracting moisture from the air.
Analytics
Raised to Date: $28,055
Aggregate Commitments $
Netcapital
09/11/2020
11/13/2020
$10,000
$1,070,000
$99
Equity - Common
RegCF
Pre-Seed
$9,003,104
Weekly Commitments $
Active
09/23/2020
48
281%
3%
$2,338
Cooper City, FL
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
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