Invincible Entertainment Corp.
View this filing on EDGAR (filing index, accession 0001670254-25-000127) | All Form C filings by this company on EDGAR
Filing details
| Company | Invincible Entertainment Corp. | (Form C, issuer information) |
|---|---|---|
| State | PA | (Form C, issuer information) |
| Platform | Wefunder Portal LLC | (Form C, issuer information) |
| Filing date | 2025-02-28 | (EDGAR filing index) |
| Date of incorporation | 2022-08-04 | (Form C, issuer information) |
| Employees | 6 | (Form C, issuer information) |
| Security offered | Preferred Stock | (Form C, offering information) |
| Price per security | $4 | (Form C, offering information) |
| Target amount | $50,001 | (Form C, offering information) |
| Maximum ask | $618,000 | (Form C, offering information) |
| Offering deadline | 2025-04-30 | (Form C, offering information) |
| Platform compensation | 7.9% 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. | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $1,171,946 | $950,999 | (Form C, financial summary) |
| Cost of goods sold | $517,294 | $457,365 | (Form C, financial summary) |
| Net income | -$3,330,967 | -$3,035,028 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $111,439 | $27,069 | (Form C, financial summary) |
| Accounts receivable | $556,660 | $182,048 | (Form C, financial summary) |
| Total assets | $22,574,084 | $24,410,297 | (Form C, financial summary) |
| Short-term debt | $135,622 | $280,130 | (Form C, financial summary) |
| Long-term debt | $500,000 | $19,434 | (Form C, financial summary) |
Mechanical checks that fired
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: http://www.invincibleent.com
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