ENTERTAINMENT

AMOURANTH REVEALS $7M+ INVESTMENT IN INFLATABLE POOL TOY COMPANY

WHAT HAPPENED?

Amouranth has bought into an inflatable pool toy company - with the total investment set to reach around $7m.

Amouranth explained the investment, including how much money she is committing and her expected returns.

She revealed that the company does approximately $15m in annual revenue and is a direct supplier to the likes of Amazon and Costco.

The whole company was purchased previously for over $10m, just “a bit under 1x Sales.”

She also revealed that she has committed to funding an eye-watering $7,000,000 worth of capital calls over 7 years, expecting the investment to yield a ~20% return.