Thalia Brands

Neutral
BETA

Premium Guitar Accessories & Lifestyle

Analytics

Raised to Date: $569,208

Aggregate Commitments $
Platform

StartEngine

Start Date

07/18/2019

Close Date

01/21/2021

Min. Goal

$9,999

Max. Goal

$1,069,998

Min. Investment

$150

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$8,000,000

Weekly Commitments $
Status

Active

Reporting Date

10/25/2020

Days Remaining

86

% of Min. Goal

5,693%

% of Max. Goal

53%

Likelihood of Max
Avg. Daily Raise

$1,224

# of Investors

1,075

Momentum
Location
Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Thalia Brands, a premium brand for guitar accessories and lifestyle, is raising funds on StartEngine. The company manufactures and sells innovative and unique guitar accessories, including capos and picks. Thalia Brands is soon planning to expand into straps, strap locks, and wall hangers for guitars. Thalia Brands was founded by Chris Bradley and Thalia Bradley and has a loyal customer base. 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 for further research & development and the launch of new products. Thalia Brands has already reported $7.8 million in sales since its inception and has more than 100,000 customers.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,827,426

$2,183,575

COGS

$369,150

$518,293

Tax

$0

$0

 

 

Net Income

$42,485

$-254,439

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$162,803

$50,627

Accounts Receivable

$4,272

$0

Total Assets

$933,959

$637,679

Short-Term Debt

$630,724

$501,490

Long-Term Debt

$610,661

$0

Total Liabilities

$1,241,385

$1,063,879

Ratings

last updated 10/27/2020

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