Kencko Foods, Inc.

CIK: 1943286DEIncorporated: 2017-07-14

Current Offering

$25,000
Target Amount
$1,235,000
Maximum Amount
2023-04-28
Deadline

Security Details

Type: Crowd SAFE (Simple Agreement for Future Equity)
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 2023-03-22
Raising $25,000 -$1,235,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-28
Filing date2023-03-22
Current employees105
Act received most recent fiscal year$160.00
Act received prior fiscal year$5,000
Cash equi most recent fiscal year$2,583,395
Cash equi prior fiscal year$2,395,496
Cost goods sold most recent fiscal year$19,496,810
Cost goods sold prior fiscal year$4,486,085
Long term debt most recent fiscal year$1,778,387
Long term debt prior fiscal year$632,764
Net income most recent fiscal year-$9,932,624.00
Net income prior fiscal year-$1,627,196.00
Revenue most recent fiscal year$23,847,240
Revenue prior fiscal year$9,336,030
Short term debt most recent fiscal year$4,978,960
Short term debt prior fiscal year$1,578,107
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$11,634,184
Total asset prior fiscal year$4,206,900

Company Information

Corporation
DE
2017-07-14

Latest Metrics

Employees105
Total Assets$11,634,184
Cash on Hand$2,583,395
Revenues$23,847,240
Net Income-$9,932,624.00

Crowdfunding Portals

This company is raising funds through this portal