• Hubtas
  • Posts
  • Hubtas Interviews Viral StartEngine Sensation

Hubtas Interviews Viral StartEngine Sensation

+ Boxabl Sees 629% Growth

Author

Caleb Naysmith
August 29, 2024

Latest News

Hubtas sat down with the CEO and Cofounder of ReelView Fishing to discuss his ongoing StartEngine campaign. The founder has been seeing viral success recently because the product itself creates captivating, one-of-a-kind videos that seem to instantly go viral on social media. Checkout the whole video here (and don’t forget to subscribe to the Hubtas channel!):

Boxabl released its yearly financials, and its recent wave of regulatory approvals seems to be boding well for the company. According to recent SEC filings, they have grown revenue a whopping 629%. Last week, we released a story showing that StartEngine grew revenue by triple-digits. Looks like a lot of big names in the space are growing. Read it all here:

Boxabl Grows Yearly Revenue by Over 629% Amid Wave of Momentum and Regulatory Wins

Innovative modular housing startup Boxabl has hit a number of hurdles the past couple of years, but according to recent filings with the SEC, things seem to be turning around

media.hubtas.com/2024/08/23/boxabl-grows-yearly-revenue-by-over-629-amid-wave-of-momentum-and-regulatory-wins

In more Boxabl news, the startup is set to take in over $5.2 Million from various projects already paid for, according to SEC filings.

Boxabl Set to Take In Over $5.2 Million in Revenue From Paid For Casita Projects | Hubtas Media

Boxabl, a modular housing company, gained approval in 44 states for Park-RV model and 12 for modular houses. It's expected to earn $5.2M from the Oklahoma market.

media.hubtas.com/2024/08/21/boxabl-set-to-take-in-over-5-2-million-in-revenue-from-oklahoma-based-casita-projects

All these stories and more can be read on Media.Hubtas.Com 

Feature of the Week: Research Tab

On your Hubtas dashboard, you might have noticed a “research” tab. This is an exciting culmination of new and existing features Hubtas has been implementing as we continue to become the future of research and due diligence within equity crowdfunding.

It’s difficult to know if one person is right or wrong because they might not have all of the information or differ on what they find important. But it’d be hard to argue if 1000 people overwhelmingly thought a specific startup was a scam, or a brilliant investment. That’s why Hubtas allows everyday investors to write their own research reports and express their thoughts on certain companies.

Now, you can track your sentiments on these companies within your dashboard. This is similarly integrated with Hubtas’s global chat feature, which allows you to chat with others about startups raising while on your dashboard.

Quant Score Deep Dive: Gaming Intelligence Inc

Gaming Intelligence Inc., founded in 2022, is a company based in Nevada. The company is currently conducting its first equity crowdfunding raise on the StartEngine platform. The offering launched on May 3, 2024, and is set to close on September 30, 2024. Gaming Intelligence Inc. is aiming to raise a maximum of $4,999,999.86, with a price per share set at $0.27. The minimum investment amount is $399.87. The company's valuation stands at $35,330,000. The offering is structured as an equity offering, and the company is not backed by venture capital. The founders own at least 97% of the company, and the CEO is Edward Kahl.

Financials:

Gaming Intelligence Inc. has reported a most recent revenue of $1,344, with a year-over-year change of 646%. The company has a cash balance of $235,658, reflecting a 150% year-over-year change. However, the company is currently operating at a net loss of $543,074. The total assets are reported at -$1,268,208.50, with total debts of $280,060.65. The company has a gross profit of $1,343.89, resulting in a gross profit margin of 100%. The net profit margin is -40,410.63%. The company has a current ratio of 3.37, a return on assets ratio of 42.82, and a monthly burn rate averaging $45,256.20, with an estimated monthly cash runway of 5.21 months.

Bull Case:

  1. High Revenue Growth: The company has demonstrated significant revenue growth, with a 646% year-over-year increase, indicating strong market demand and potential for future expansion.

  2. Strong Cash Position: With a cash balance of $235,658 and a 150% increase year-over-year, the company has a solid cash position to support its operations and growth initiatives.

  3. Founder Ownership: The founders own a significant portion of the company (at least 97%), aligning their interests with those of the investors and potentially driving long-term value creation.

  4. Patent Issued: The company has one patent issued, which could provide a competitive advantage and protect its intellectual property.

Bear Case:

  1. Operating at a Loss: The company is currently operating at a net loss of $543,074, which may raise concerns about its ability to achieve profitability in the near term.

  2. Negative Total Assets: The company has reported negative total assets, which could indicate financial instability and potential challenges in meeting its obligations.

  3. High Net Profit Margin Loss: With a net profit margin of -40,410.63%, the company may face difficulties in achieving sustainable profitability.

  4. Related Party Transactions Risk: The company has identified a risk of related party transactions, which could lead to potential conflicts of interest and impact investor confidence.