Asaak Financial Services Ltd

CIK: 1822345DEIncorporated: 2017-03-06

Current Offering

$25,000
Target Amount
$250,000
Maximum Amount
2021-04-30
Deadline

Security Details

Type: Crowd SAFE
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering

Financial Reports

Offering via Republic

Offering History

As of 2021-02-23
Raising $25,000 -$250,000 via 25,000+ shares of crowd SAFE at $1.00 per share
Deadline: 2021-04-30
As of 2021-03-17
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE at $1.00 per share
Deadline: 2021-04-30
As of 2022-08-17
Raising $25,000 -$535,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-27
Filing date2021-02-232022-08-17
Current employees33
Act received most recent fiscal year$0.00$60.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$307,999$1,124,734
Cash equi prior fiscal year$223,055$329,742
Cost goods sold most recent fiscal year$147,888$254,494
Cost goods sold prior fiscal year$79,228$97,757
Long term debt most recent fiscal year$0.00$2,406,515
Long term debt prior fiscal year$0.00$516,834
Net income most recent fiscal year-$391,364.00-$256,388.00
Net income prior fiscal year-$1,239,642.00-$186,651.00
Revenue most recent fiscal year$166,003$1,065,078
Revenue prior fiscal year$126,447$201,207
Short term debt most recent fiscal year$657,736$2,880,654
Short term debt prior fiscal year$342,514$1,025,806
Tax paid most recent fiscal year$0.00$840.00
Tax paid prior fiscal year$0.00$166.00
Total asset most recent fiscal year$538,436$8,136,656
Total asset prior fiscal year$364,580$2,445,985

Financial Reports

Offering via Republic

Offering History

As of 2021-02-23
Raising $25,000 -$250,000 via 25,000+ shares of crowd SAFE at $1.00 per share
Deadline: 2021-04-30
As of 2021-03-17
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE at $1.00 per share
Deadline: 2021-04-30
As of 2022-08-17
Raising $25,000 -$535,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-27
Filing date2021-02-232022-08-17
Current employees33
Act received most recent fiscal year$0.00$60.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$307,999$1,124,734
Cash equi prior fiscal year$223,055$329,742
Cost goods sold most recent fiscal year$147,888$254,494
Cost goods sold prior fiscal year$79,228$97,757
Long term debt most recent fiscal year$0.00$2,406,515
Long term debt prior fiscal year$0.00$516,834
Net income most recent fiscal year-$391,364.00-$256,388.00
Net income prior fiscal year-$1,239,642.00-$186,651.00
Revenue most recent fiscal year$166,003$1,065,078
Revenue prior fiscal year$126,447$201,207
Short term debt most recent fiscal year$657,736$2,880,654
Short term debt prior fiscal year$342,514$1,025,806
Tax paid most recent fiscal year$0.00$840.00
Tax paid prior fiscal year$0.00$166.00
Total asset most recent fiscal year$538,436$8,136,656
Total asset prior fiscal year$364,580$2,445,985

Company Information

Corporation
DE
2017-03-06

Latest Metrics

Employees3
Total Assets$538,436
Cash on Hand$307,999
Revenues$166,003
Net Income-$391,364.00

Crowdfunding Portals

This company is raising funds through this portal