Consumer Staples

Splash Wines, Inc

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, Splash Wines, Inc is a Corporation organized in ID on 10-02-2014. They report having 9 employees, and revenue in their most recent fiscal year of $8,278,174 and $6,005,302 the prior year.

Description:
Splash Wines is a family business, but not our first. Our family has been in the wine industry for three generations. We’ve imported wines and marketed to wholesalers in the three-tier system. And for the past 15 years we’ve been on the forefront of th...
Website:
https://splashwines.com
Location:
1191 E IRON EAGLE DRIVE
SUITE 100
EAGLE, ID 83616

Equity Crowdfunding Campaigns

Splash Wines, Inc does not currently have any active Reg CF crowdfunding campaigns.

Previous Crowdfunding Offering
Tuesday, June 5, 2018

Splash Wines, Inc previously ran a Reg CF crowdfunding campaign to raise a target of $25,000 via SeedInvest before a deadline of 05-18-2018. They filed this progress report at the end of the offering: "The issuer raised approximately $434,133.00 during the offering period. Payments are still being processed; the exact amount has yet to be determined." The URL for the offering was https://www.seedinvest.com/splash.wines/series.a.

Intermediary compensation

According to the SEC filings, SeedInvest was compensated as follows for this offering:

"7.5% of the amount raised"

In addition to any direct compensation, Splash Wines, Inc reports that SeedInvest also received the following financial interest in the offering:

"SI Securities will receive equity compensation equal to 5% of the number of securities sold."

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $8,278,174 $6,005,302 37.8%
Cost of Goods Sold $7,357,931 $5,207,207 41.3%
Taxes Paid $31,235 $2,068 1410.4%
Net Income $33,947 $5,589 507.4%

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $2,019,917 $871,200 131.9%
Cash & Cash Equivalents $4,157 $11,679 -64.4%
Accounts Receivable $345,472 $93,807 268.3%
Short-Term Debt $2,465,520 $1,215,205 102.9%
Long-Term Debt $0 $0 N/A

Complete Reg CF filing activity feed

  • Update Form C-U

    [ Jun-5 ] Splash Wines, Inc filed a progress report (Form C-U) with the following update:

    "The issuer raised approximately $434,133.00 during the offering period. Payments are still being processed; the exact amount has yet to be determined."

    Click here to see more details of what was updated.

  • Update Form C/A

    [ Mar-14 ] Splash Wines, Inc filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000 (up to a maximum of $1,070,000) of Preferred Stock via SeedInvest before a deadline of 05-18-2018. The nature of the amendment was described as follows:

    "Updating the offering end date and the number of shares authorized."

    Click here to see more details of what was updated.

  • New Offering Form C

    [ Mar-9 ] Splash Wines, Inc filed SEC Form C to raise a target amount of $25,000 (up to a maximum of $1,070,000) of Preferred Stock via SeedInvest before a deadline of 05-11-2018.

    Description:

    "Splash Wines is a family business, but not our first. Our family has been in the wine industry for three generations. We’ve imported wines and marketed to wholesalers in the three-tier system. And for the past 15 years we’ve been on the forefront of th..."