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Innovation Beverage Group Limited Stock Price

NasdaqCM:IBG Community·US$8.8m Market Cap
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IBG Share Price Performance

US$2.53
-3.27 (-56.38%)
US$2.53
-3.27 (-56.38%)
Price US$2.53

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Snowflake Analysis

Medium-low risk with mediocre balance sheet.

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Innovation Beverage Group Limited Key Details

US$2.9m

Revenue

US$699.3k

Cost of Revenue

US$2.2m

Gross Profit

US$4.8m

Other Expenses

-US$2.6m

Earnings

Last Reported Earnings
Dec 31, 2024
Next Reporting Earnings
n/a
-0.74
76.14%
-87.72%
16.1%
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About IBG

Founded
2018
Employees
n/a
CEO
Sahil Beri
WebsiteView website
www.innovationbev.com

Innovation Beverage Group, together with its subsidiaries, engages in developing, manufacturing, selling, and exporting alcoholic beverages in Australia and the United States. The company offers bitters under the Australian Bitters Company and BitterTales brands; bottled cocktails under the Twisted Shaker brand; light spirits; and mixers. It also provides non-alcoholic beverages; non-alcoholic spirits under the Drummerboy brands; and other alcoholic beverages under the Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs brands. In addition, the company retails wines and spirits, as well as its other products, through its online marketplaces consisting of www.wiredforwine.com, www.bevmart.com, www.bevmart.com.au, and www.drummerboy.com. The company was formerly known as Australian Boutique Spirits PTY LTD and changed its name to Innovation Beverage Group Limited in June 2022. Innovation Beverage Group was incorporated in 2018 and is based in Seven Hills, Australia.

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