BuzzCast on Republic 2022 – KingsCrowd

0
38

[ad_1]

Valuation Cap

$18,000,000

Reporting Date

07/20/2022

Likelihood of Max

extremely

Momentum

hot.svg

Create a free account today to gain access to KingsCrowd analytics.

Industry

Media, Entertainment & Publishing

BuzzCast, with a valuation of $18 million, is raising funds on Republic. The company has developed a premium platform for producers with enterprise businesses in mind. The platform is built on AWS Serverless technology and has prioritized stability and scale. BuzzCast is able to deliver broadcast-quality streaming and has customization capabilities. The company has generated $1.65 million in revenue since its launch and has an established client base, including Uber, Carnival, and Shiseido. Ryan Byrne, Luke Peterson, and Matthias Thoemmes founded BuzzCast in December 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for innovation, growth, and expansion.

Summary Profit and Loss Statement

Revenue

$704,019

$851,740

COGS

$252,099

$235,016

Tax

$0

$0

 

 

Net Income

$-1,632,590

$308,140

Summary Balance Sheet

Cash

$925,881

$0

Accounts Receivable

$0

$0

Total Assets

$2,219,763

$359,527

Short-Term Debt

$318,778

$51,387

Long-Term Debt

$2,086

$0

Total Liabilities

$320,864

$51,387

Financials as of: 07/19/2022

Create a free account today to gain access to KingsCrowd analytics.



[ad_2]