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Equity – Common
$39,957,216
07/02/2022
Irvine, California
Energy, Power, & Natural Resources
Revel Energy, with a valuation of $40 million, is raising funds on StartEngine. The company develops commercial solar and energy storage of custom renewable energy systems. The offerings of Revel Energy include commercial rooftop solar systems, carport solar systems, LED lighting installation, and other energy-related services. Revel Energy is growing fast and reported a 228% revenue growth from 2018 to 2021. Alan H. Lee founded Revel Energy in October 2017. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $4,999,996.92. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
|
Revenue |
$12,086,458 |
$11,502,393 |
|
COGS |
$9,911,601 |
$9,463,011 |
|
Tax |
$12,590 |
$1,700 |
|
|
||
|
|
||
|
Net Income |
$367,224 |
$-157,687 |
Summary Balance Sheet
|
Cash |
$947,143 |
$2,685,874 |
|
Accounts Receivable |
$313,046 |
$323,586 |
|
Total Assets |
$2,651,843 |
$3,538,178 |
|
Short-Term Debt |
$76,891 |
$76,891 |
|
Long-Term Debt |
$150,432 |
$149,900 |
|
Total Liabilities |
$227,323 |
$226,791 |
Financials as of: 07/01/2022
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