Synovation Holdings LLC
View this filing on EDGAR (filing index, accession 0001611174-25-000004) | All Form C filings by this company on EDGAR
Filing details
| Company | Synovation Holdings LLC | (Form C, issuer information) |
|---|---|---|
| State | FL | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2025-12-12 | (EDGAR filing index) |
| Date of incorporation | 2014-02-11 | (Form C, issuer information) |
| Employees | 64 | (Form C, issuer information) |
| Security offered | Other Class B Units | (Form C, offering information) |
| Price per security | $5 | (Form C, offering information) |
| Target amount | $20,000 | (Form C, offering information) |
| Maximum ask | $5,000,000 | (Form C, offering information) |
| Offering deadline | 2026-03-12 | (Form C, offering information) |
| Platform compensation | 7 - 13 percent | (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 | $45,671,564 | $45,133,928 | (Form C, financial summary) |
| Cost of goods sold | $10,354,807 | $5,582,749 | (Form C, financial summary) |
| Net income | -$1,304,133 | -$2,623,253 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $475,813 | $1,754,407 | (Form C, financial summary) |
| Accounts receivable | $9,466,227 | $7,368,780 | (Form C, financial summary) |
| Total assets | $49,166,496 | $55,336,577 | (Form C, financial summary) |
| Short-term debt | $7,898,141 | $8,295,987 | (Form C, financial summary) |
| Long-term debt | $42,830,368 | $47,960,970 | (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.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
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: https://www.synovationmedicalgroup.com/
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