I. Financials & Investment
→ $7M seed round — any amount, no minimum
→ SAFE note — simple agreement for future equity
→ CHARM Holdings Pty Ltd — ACN 656 176 939
→ Patent granted + published via WIPO
Seed Round
| Seed Ask | $7,000,000 |
| Target Dilution | 10–20% |
| Pre-Money (at 10%) | $63,000,000 |
| Pre-Money (at 20%) | $28,000,000 |
| Post-Money (at 10%) | $70,000,000 |
| Post-Money (at 20%) | $35,000,000 |
Seed raise is currency-agnostic. Operational financials in AUD.
Funding History
| Angel — Mar 2022 | $300,000 ✓ |
| Seed — FY26 | $7,000,000 (open) |
| Main — FY28 | $15,000,000 (planned) |
Revenue Projections (AUD)
| FY26 | FY27 | FY28 | FY29 |
| Revenue | $2.6M | $27.3M | $84.6M | $191M |
| Gross Profit | $202K | $6.8M | $24.5M | $54.4M |
| EBITDA | -$1.9M | $1.9M | $16.3M | $33.4M |
EBITDA positive FY27. $33.4M EBITDA on $191M revenue by FY29.
Site Growth
| FY26 | FY27 | FY28 | FY29 | FY30 |
| Total Sites | 4 | 23 | 67 | 155 | 203 |
Historical Actuals (AUD)
| FY22 | FY23 | FY24 | FY25 |
| Gross Credits | $324K | $161K | $164K | $120K |
| Net P/(L) | $81K | -$65K | -$3K | $58K |
Cap Table (Post-Seed)
| Party 1 — Founder | 70,000 | 58.3% |
| Party 2 — TRAC | 5,000 | 4.2% |
| Party 3 — GCBG | 2,500 | 2.1% |
| Party 4 — GreenPath | 2,500 | 2.1% |
| Seed Investors | TBD | 10–20% |
| Milestone Equity Pool | 12,500 | — |
| Bonus/ESOP Pool | 7,500 | — |
100,000 total shares. Entity names used for consistency. All parties known to CHARM Holdings.
HOA Equity Milestones (2.5% each)
| ✓ Initial Investment ($250K) | TRAC |
| ✓ Corp Structure + $50K | GCBG |
| ✓ Build CHARM Office (off-grid) | GreenPath |
| ✓ Strategic Plan #1 (Coral Charms) | TRAC |
| → Raise $7M (we are here) | GCBG |
| CHARM Bot MVP w/ supply chain | GreenPath |
| Strategic Plans #2–5 | TRAC |
| Raise $15M | GCBG |
| Off-Grid System MVP | GreenPath |
SAFE Note
→ Simple Agreement for Future Equity
→ Valuation cap: $35M
→ Discount rate: 20% for early investors
→ No minimum investment. Rolling close.
II. Beyond Coral Foundation
→ Registered 501(c)(3) tax-deductible not-for-profit
→ EIN: 83-4232094 · Section 509(a)(2)
→ Grows and restores real corals on the Great Barrier Reef
→ $0 executive compensation — 100% volunteer leadership
→ 86.69% publicly supported (IRS verified, 5-yr avg)
→ $10/month grows one coral
2025 Impact
→ 8 CHARM machines built to date
→ 1 machine on Tiwi Island (indigenous community)
→ 1 machine on Magnetic Island
→ 1 machine with CSIRO Data61 (Australian govt research)
Board: Stephen Rodan (President), Jeanne Littooy (Director), Emiliano Shea (Director)
