Hi, could you please add a link to your financial statements? Thanks

The statements are now available. thanks.

Hi, this looks like an exciting venture. Can you provide any more information as to how you are currently tracking against the 2022 revenue projection of $1.9M? Do you anticipate meeting this goal? Also, for 2023, the pitch deck shows 1 oven producing 1900 units with revenue o...

I see what you mean after looking over the Investor Deck, which was created by our agency. These projections are off. In fact, 2022 looks to be a much smaller year-around $700,000. This is because we aren't able to get kayaks made in our overbooked South African factory. It won't be until we get the USA factory that we will have capacity to hit the projected numbers. I'm asking the agency to make some changes so this is consistent.

Hi, do you all plan on remaining an LLC for tax purposes, and do you anticipate becoming profitable any time soon?

We plan on remaining an LLC for the foreseeable future. We're looking to be profitable 2nd quarter of 2022-however, our margins go thru the roof once we start building in the USA. Our current wait times for product from South Africa is devastatingly long, and that has hurt our ability to be profitable.

Why No Updates in the last year from SwellCraft?

coming up very soon!! stay tuned.

Swell Watercraft LLC Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

4.3X Revenue Rate YOY.

Our patented drainage system gives our kayaks distinct performance advantages over our competitors.

400% increase in the amount of on-sale retail locations for our kayaks.

High gross profit margins, projected at 71%. Apple’s GMP in 2021 was 41% (not guaranteed).

Perks for investors: receive lifetime discount.

Cash flow positive business.

Led by a team of Kayaking Specialists with a combined paddling market experience of over 100 years.

Received several awards from prestigious media outlets.

Swell Watercraft LLC

Advanced Kayak Technology- Made in the USA!

$244,672

Swell Watercraft LLC

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$244,672

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