Waikato Culture Park
By Waikato Culture Park Limited
PledgeMe.Investment
I want to embed this investment somewhere
NZ $11,500 pledged
18 people pledged
Closed
NZ $500,000 minimum target
This campaign failed to reach its target by 31/05/2021 at 12:00 PM (NZST) and is now closed.
Make a PledgeAbout
Waikato Culture Park
$1 per share - $500 minimum pledge
We're proposing the development of New Zealand's next iconic destination, aiming to become a world-class indigenous culture and eco-tourism theme park offering Education and Entertainment.
The Waikato's Waipa rural district and a 120-hectare farm near Hamilton is our proposed location.
Our company is the Waikato Culture Park Limited. We are an impact and culturally-lead Profit-for-Purpose Social Enterprise.
Our plan is to potentially deliver multi-generational social and economic outcomes back to communities across the Waikato region and the Nation and includes goals to create 220 full-time jobs, 30 Apprenticeships, to build New Zealand's largest planned ground mounted Solar Farm, to acheive a Zero-Carbon Footprint.
If you're not a retail investor and arrived on this campaign page unintentionally please go to the wholesale-investor page here
About our Team
What we've done so far
What's next?
Risks and Challenges
A note from PledgeMe
We have completed Veda checks on the company, Waikato Culture Park Limited, and their Directors, as well as Google and Insolvency checks. Directors Jordan Nonoa and Landy Nonoa have been noted to have defaults. There were no other adverse findings.
Updates 5
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Details
Offer Details
| Current Valuation | 25,658,757 |
| Raise Minimum | 500,000 |
| Raise Maximum | 2,000,000 |
| Share Price | 1.00 |
| Minimum Pledge | 500.00 |
| Maximum Shares Offered | 2,000,000 |
Explanation of valuation:
The pre-money valuation is $25,658,757. The valuation is based on a calculation of long-term net tangible assets in the Balance Sheet for the forecasted full financial and reference year 2022-2023 being $30,658,757 made up of:
Property: 120ha farm and existing residential, commercial and farm buildings - $9,000,000
Plant: Stage 1, 2 and 3 buildings - $20,910,522
Equipment: $757,234
and the calculation including a consideration of intangible assets, less the PledgeMe campaign maximum value of $5,000,000 (if fully subscribed).
Intangible assets are namely, a license for the use of the Intellectual Property (IP) in perpetuity. The license includes but is not limited to: the Waikato Culture Park & L.E.NA Foundation Business Models, Domain Name Registrations and pending Trademarks, Indigenous Cultural Programs, Performing Arts and Annual Events Program, Education Outside the Classroom (EOTC) Annual Program, Environmental Sustainability Program and Solar Energy Revenue Scheme.
Another common method of valuation is to use a 4.5 multiplier x forecasted net profit, however, we have chosen to base the valuation on tangible assets such as land and buildings and the IP for their long-term value.
Financial Summary
| Prev Year | Current Year | Est. FY 2024 | Est. FY 2025 | |
|---|---|---|---|---|
| Revenue | NZ $86 | NZ $10,000,009 | NZ $29,972,920 | NZ $40,549,987 |
| Operating Expenses | NZ $21,882 | NZ $3,026,931 | NZ $6,620,372 | NZ $5,524,184 |
| EBITDA | NZ $0 | NZ $2,613,679 | NZ $9,567,298 | NZ $18,022,994 |
| Net Profit | -NZ $22,091 | NZ $1,704,802 | NZ $6,401,462 | NZ $12,360,617 |
Company Details
Company Name: Waikato Culture Park Limited
Company Number: 7565397
Company Documents
Director Details
| Name | Role | Profile URL | Invested? |
|---|---|---|---|
| A.D.N Bush | Director, CEO | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✔ |
| B. Awhitu | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
| S. Karena | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
| J. Nonoa | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
| L. Nonoa | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
Questions
Ask a Question (You must login to ask a question)
Pledgers 18
2021-05-13 17:20:12 +1200
2021-05-08 12:50:44 +1200
2021-05-07 09:56:03 +1200
2021-05-07 08:44:44 +1200
"I can invest a lot more (I'm a wholesale investor), but I would need greater perks or more surety of sufficient return on investment."
2021-05-07 08:22:14 +1200
"Fakaalofa lahi atu 😍"
2021-05-05 16:38:31 +1200
"True creative indigenous expression, that will be impactive to society, as one displays their cultural identity freely. Tu Tangata"
2021-05-04 10:57:31 +1200
2021-05-01 09:45:56 +1200
"Great idea. Have you thought about getting in touch with TePuniKokeri to access their provincial growth fund? Could get you over the line. "
2021-04-29 15:57:08 +1200
2021-04-27 17:26:13 +1200
2021-04-22 17:15:55 +1200
2021-04-22 15:00:00 +1200
2021-04-22 10:38:13 +1200
2021-04-17 20:33:12 +1200
2021-04-17 17:33:35 +1200
"I am excited to have a place to take my Mokopuna that will expose them to other First Nations Pacific Rim cultures. Whoop whoop"
2021-04-17 16:18:09 +1200
"Can't wait to see it all in action! "
2021-04-17 16:03:39 +1200
"I am absoloutely excited to finally invest my money in something that will benefit the community! "
2021-04-17 15:48:15 +1200
Followers 12
Followers of Waikato Culture Park
Waikato Culture Park
$1 per share - $500 minimum pledge
We're proposing the development of New Zealand's next iconic destination, aiming to become a world-class indigenous culture and eco-tourism theme park offering Education and Entertainment.
The Waikato's Waipa rural district and a 120-hectare farm near Hamilton is our proposed location.
Our company is the Waikato Culture Park Limited. We are an impact and culturally-lead Profit-for-Purpose Social Enterprise.
Our plan is to potentially deliver multi-generational social and economic outcomes back to communities across the Waikato region and the Nation and includes goals to create 220 full-time jobs, 30 Apprenticeships, to build New Zealand's largest planned ground mounted Solar Farm, to acheive a Zero-Carbon Footprint.
If you're not a retail investor and arrived on this campaign page unintentionally please go to the wholesale-investor page here
About our Team
What we've done so far
What's next?
Risks and Challenges
A note from PledgeMe
We have completed Veda checks on the company, Waikato Culture Park Limited, and their Directors, as well as Google and Insolvency checks. Directors Jordan Nonoa and Landy Nonoa have been noted to have defaults. There were no other adverse findings.
You need to pledge to see this update.
You need to pledge to see this update.
You need to pledge to see this update.
You need to pledge to see this update.
You need to pledge to see this update.
Offer Details
| Current Valuation | 25,658,757 |
| Raise Minimum | 500,000 |
| Raise Maximum | 2,000,000 |
| Share Price | 1.00 |
| Minimum Pledge | 500.00 |
| Maximum Shares Offered | 2,000,000 |
Explanation of valuation:
The pre-money valuation is $25,658,757. The valuation is based on a calculation of long-term net tangible assets in the Balance Sheet for the forecasted full financial and reference year 2022-2023 being $30,658,757 made up of:
Property: 120ha farm and existing residential, commercial and farm buildings - $9,000,000
Plant: Stage 1, 2 and 3 buildings - $20,910,522
Equipment: $757,234
and the calculation including a consideration of intangible assets, less the PledgeMe campaign maximum value of $5,000,000 (if fully subscribed).
Intangible assets are namely, a license for the use of the Intellectual Property (IP) in perpetuity. The license includes but is not limited to: the Waikato Culture Park & L.E.NA Foundation Business Models, Domain Name Registrations and pending Trademarks, Indigenous Cultural Programs, Performing Arts and Annual Events Program, Education Outside the Classroom (EOTC) Annual Program, Environmental Sustainability Program and Solar Energy Revenue Scheme.
Another common method of valuation is to use a 4.5 multiplier x forecasted net profit, however, we have chosen to base the valuation on tangible assets such as land and buildings and the IP for their long-term value.
Financial Summary
| Prev Year | Current Year | Est. FY 2024 | Est. FY 2025 | |
|---|---|---|---|---|
| Revenue | NZ $86 | NZ $10,000,009 | NZ $29,972,920 | NZ $40,549,987 |
| Operating Expenses | NZ $21,882 | NZ $3,026,931 | NZ $6,620,372 | NZ $5,524,184 |
| EBITDA | NZ $0 | NZ $2,613,679 | NZ $9,567,298 | NZ $18,022,994 |
| Net Profit | -NZ $22,091 | NZ $1,704,802 | NZ $6,401,462 | NZ $12,360,617 |
Company Details
Company Name: Waikato Culture Park Limited
Company Number: 7565397
Company Documents
Director Details
| Name | Role | Profile URL | Invested? |
|---|---|---|---|
| A.D.N Bush | Director, CEO | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✔ |
| B. Awhitu | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
| S. Karena | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
| J. Nonoa | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
| L. Nonoa | Director | https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/7565397/directors | ✗ |
Ask a Question (You must login to ask a question)
Followers of Waikato Culture Park
2021-05-13 17:20:12 +1200
2021-05-08 12:50:44 +1200
2021-05-07 09:56:03 +1200
2021-05-07 08:44:44 +1200
"I can invest a lot more (I'm a wholesale investor), but I would need greater perks or more surety of sufficient return on investment."
2021-05-07 08:22:14 +1200
"Fakaalofa lahi atu 😍"
2021-05-05 16:38:31 +1200
"True creative indigenous expression, that will be impactive to society, as one displays their cultural identity freely. Tu Tangata"
2021-05-04 10:57:31 +1200
2021-05-01 09:45:56 +1200
"Great idea. Have you thought about getting in touch with TePuniKokeri to access their provincial growth fund? Could get you over the line. "
2021-04-29 15:57:08 +1200
2021-04-27 17:26:13 +1200
2021-04-22 17:15:55 +1200
2021-04-22 15:00:00 +1200
2021-04-22 10:38:13 +1200
2021-04-17 20:33:12 +1200
2021-04-17 17:33:35 +1200
"I am excited to have a place to take my Mokopuna that will expose them to other First Nations Pacific Rim cultures. Whoop whoop"
2021-04-17 16:18:09 +1200
"Can't wait to see it all in action! "
2021-04-17 16:03:39 +1200
"I am absoloutely excited to finally invest my money in something that will benefit the community! "
2021-04-17 15:48:15 +1200
I want to embed this investment somewhere