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Equity – Common
$24,883,884
06/22/2022
Centennial, Colorado
Consumer Products, Goods & Services
Myaderm, with a valuation of $24.9 million, is raising funds on StartEngine. The company is revolutionizing pain relief and skincare with CBD. The innovative CBD products of Myaderm are made using proven pharmaceutical technologies and deliver results. The pain relief products of Myaderm are transdermal, non-greasy, and fast-absorbing, while the skincare products are based on gel-cream technology and contain key ingredients like pro-retinol and hyaluronic acid. Eric Smart founded Myaderm in October 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,998. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
|
Revenue |
$1,748,679 |
$1,787,846 |
|
COGS |
$391,166 |
$515,391 |
|
Tax |
$-77,365 |
$418,920 |
|
|
||
|
|
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|
Net Income |
$382,820 |
$-1,137,224 |
Summary Balance Sheet
|
Cash |
$137,128 |
$42,856 |
|
Accounts Receivable |
$548,806 |
$662,280 |
|
Total Assets |
$2,787,567 |
$3,057,868 |
|
Short-Term Debt |
$196,431 |
$874,582 |
|
Long-Term Debt |
$1,645,262 |
$1,620,230 |
|
Total Liabilities |
$1,841,693 |
$2,494,812 |
Financials as of: 06/21/2022
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