GolfBoard by Sol Boards
Surf the Earth!
Analytics
Raised to Date: $217,095
Aggregate Commitments $
StartEngine
08/24/2020
02/18/2021
$10,000
$250,000
$250
Equity - Common
RegCF
Series A
$11,035,048
Weekly Commitments $
Active
01/24/2021
22
2,171%
87%
$1,419
230
Bend, Oregon
Consumer Products, Goods & Services
Hardwaretech
B2B
Medium
High
GolfBoard by Sol Boards, with a pre-money valuation of $11 million, is raising funds on StartEngine. The company is revolutionizing the golf industry with its all-wheel-drive electric vehicle that can speed up the game and allows users to enjoy the surf-like experience. The single-rider vehicle is also preferred during COVID-19 to maintain social distancing while playing golf. John Wildman, Jeff Dowell, and Star Faraon founded GolfBoard by Sol Boards in 2013 and have raised over $2.2 million in previous rounds of financing. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $250,000. GolfBoard by Sol Boards has already deployed 3,000 units in seven countries. It has over 129,000 registered users and has generated more than $16.5 million in sales.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,486,044 |
$1,797,569 |
|
COGS |
$560,216 |
$1,098,402 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$337,469 |
$-642,685 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$207,614 |
$28,889 |
|
Accounts Receivable |
$160,290 |
$284,051 |
|
Total Assets |
$2,477,239 |
$2,364,344 |
|
Short-Term Debt |
$1,840,103 |
$2,636,287 |
|
Long-Term Debt |
$2,791,854 |
$0 |
|
Total Liabilities |
$4,631,957 |
$5,607,830 |
Ratings
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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
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