Areto Labs Inc.

CIK: 1975399DEIncorporated: 2020-04-21

Current Offering

$50,000
Target Amount
$124,000
Maximum Amount
2024-04-29
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 50,000+

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 2023-05-16
Raising $50,000 -$124,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2023-05-16
Current employees9
Act received most recent fiscal year$52,444
Act received prior fiscal year$75,676
Cash equi most recent fiscal year$325,819
Cash equi prior fiscal year$51,345
Cost goods sold most recent fiscal year$107,271
Cost goods sold prior fiscal year$35,970
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$551,979.27
Net income prior fiscal year$15,824
Revenue most recent fiscal year$237,258
Revenue prior fiscal year$277,751
Short term debt most recent fiscal year$939,670
Short term debt prior fiscal year$132,423
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$378,263
Total asset prior fiscal year$127,021

Company Information

Corporation
DE
2020-04-21

Latest Metrics

Employees9
Total Assets$378,263
Cash on Hand$325,819
Revenues$237,258
Net Income-$551,979.27

Crowdfunding Portals

This company is raising funds through this portal