Innovation Beverage Group LimitedIBG

$1.16+0.01 (+0.87%)
NASDAQConsumer Defensive24:00 UTC

Company snapshot

Market Cap
$417,947.00
Micro-cap
-98%
2024 — today
10-Year Price
-99%
2024 — today
52-Week Range
$0.75$35.25
Current $1.16· 1%

Innovation Beverage Group Limited (IBG), established in 2018 and based in Seven Hills, Australia, is dedicated to the development, production, distribution, and international sale of a diverse portfolio of alcoholic and non-alcoholic beverages. Operating across Australia and the United States, the company's offerings span various categories. Its alcoholic range includes bitters from brands like Australian Bitters Company and BitterTales, pre-mixed cocktails marketed under the Twisted Shaker label, light spirits, and mixers. Additionally, IBG produces other spirits such as Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs. For consumers seeking non-alcoholic options, the company provides a selection of alcohol-free beverages, notably its Drummerboy brand of non-alcoholic spirits. Furthermore, IBG facilitates direct consumer sales through its proprietary e-commerce platforms, including wiredforwine.com, bevmart.com, bevmart.com.au, and drummerboy.com, where it sells its own products alongside a curated assortment of wines and spirits. The company was initially incorporated as Australian Boutique Spirits PTY LTD, subsequently rebranding to Innovation Beverage Group Limited in June 2022.

Valuation in context

P/E ratio
-0.1
N/A
Not meaningful — company is unprofitable
P/B ratio
0.2
Historically cheap
Historically cheap relative to the last 10 years
FCF Yield
-227.2%
Historically low
Historically low relative to the last 10 years
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