Groundfloor Finance Inc.

CIK: 1588504GAIncorporated: 2013-01-28

Current Offering

$50,002
Target Amount
$4,999,991
Maximum Amount
2023-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $43.90
Shares offered: 1,139+

Offering Costs

Cash commission: 8%
7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2022-08-15
Raising $50,002 -$4,999,991 via 1,139+ shares of preferred Stock at $43.90 per share
Deadline: 2023-04-30
Filing date2022-08-15
Current employees103
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$2,641,950
Cash equi prior fiscal year$1,429,172
Cost goods sold most recent fiscal year$1,363,150
Cost goods sold prior fiscal year$611,436
Long term debt most recent fiscal year$134,865
Long term debt prior fiscal year$138,680
Net income most recent fiscal year-$3,948,774.00
Net income prior fiscal year-$4,786,633.00
Revenue most recent fiscal year$11,220,099
Revenue prior fiscal year$5,451,538
Short term debt most recent fiscal year$192,858,384
Short term debt prior fiscal year$73,416,711
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$192,996,368
Total asset prior fiscal year$71,949,680

Company Information

Corporation
GA
2013-01-28

Latest Metrics

Employees103
Total Assets$192,996,368
Cash on Hand$2,641,950
Revenues$11,220,099
Net Income-$3,948,774.00

Crowdfunding Portals

This company is raising funds through this portal