OuiPlease

Underweight
BETA

Online French Luxury Subscription box

Analytics

Raised to Date: $0

Aggregate Commitments $
Platform

StartEngine

Start Date

01/31/2020

Close Date

04/28/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$300

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Pre-Money Valuation

$4,000,000

Weekly Commitments $
Status
Not Funded
Reporting Date

04/30/2020

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
Location
Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

OuiPlease, with a pre-money valuation of $4 million, is raising funds on StartEngine. It is a subscription box service that includes French luxury brands in clothing, beauty products, perfume, candies, and home goods. The subscribers receive the boxes bi-monthly right at their doorstep. OuiPlease provides users with exclusive access to the French luxury brands that can’t be found elsewhere in the US and Canada. The company was founded by Jessica Barouche in 2014. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used to scale business operations, technology, and marketing. OuiPlease reported a 216% increase in revenues and a 263% increase in 2019 compared to 2018.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$350,719

$340,208

COGS

$143,195

$59,951

Tax

$0

$0

 

 

Net Income

$-32,245

$34,851

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$44,688

$15,798

Accounts Receivable

$0

$0

Total Assets

$106,702

$48,760

Short-Term Debt

$67,940

$183,791

Long-Term Debt

$270,000

$0

Total Liabilities

$337,940

$183,791

Ratings

last updated 08/23/2020

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Analyst Report

Underweight
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.

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