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Innovation Beverage Group Limited (IBG) 10-Year Financial Performance & Capital Metrics

IBG • • Industrial / General
Consumer DefensiveAlcoholic BeveragesCraft & Specialty Beverage ProducersBoutique Spirits & Mixology Brands
AboutInnovation Beverage Group, together with its subsidiaries, develops, manufactures, sells, and exports 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.Show more
  • Revenue $3M -6.9%
  • EBITDA -$2M -13.2%
  • Net Income -$3M -27.7%
  • EPS (Diluted) -1.55 -16.5%
  • Gross Margin 20.41% -68.7%
  • EBITDA Margin -72.84% -21.5%
  • Operating Margin -88.19% -29.8%
  • Net Margin -87.72% -37.1%
  • ROE -159.34% +64.2%
  • ROIC -87.31% -15.5%
  • Debt/Equity 0.07 -97.4%
  • Interest Coverage -10.59 -28.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-7.87%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-

EPS CAGR

10Y-
5Y-
3Y-
TTM-

ROCE

10Y Avg-132.61%
5Y Avg-132.61%
3Y Avg-233.75%
Latest-155.2%

Peer Comparison

Boutique Spirits & Mixology Brands
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Momentum & Returns
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Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
IPSTHeritage Distilling Holding Company, Inc.15.01M1.57-0.045.41%21.33%43.1%21.70
IBGInnovation Beverage Group Limited5.93M1.71-1.10-6.88%-79.99%-10.09%0.07

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+2.18M3.75M4.53M3.15M2.93M
Revenue Growth %-0.72%0.21%-0.31%-0.07%
Cost of Goods Sold+441.71K1.26M2.12M1.09M699.33K
COGS % of Revenue0.2%0.34%0.47%0.35%0.24%
Gross Profit+1.74M2.49M2.41M2.05M598.32K
Gross Margin %0.8%0.66%0.53%0.65%0.2%
Gross Profit Growth %-0.43%-0.03%-0.15%-0.71%
Operating Expenses+1.05M2.44M5.74M4.19M5.43M
OpEx % of Revenue0.48%0.65%1.27%1.33%1.85%
Selling, General & Admin871.34K2.14M4.57M3.41M3.18M
SG&A % of Revenue0.4%0.57%1.01%1.08%1.09%
Research & Development00000
R&D % of Revenue-----
Other Operating Expenses183.42K302.74K1.17M785.34K2.25M
Operating Income+685.29K54.17K-3.34M-2.14M-2.58M
Operating Margin %0.31%0.01%-0.74%-0.68%-0.88%
Operating Income Growth %--0.92%-62.6%0.36%-0.21%
EBITDA+731.56K212.41K-3.09M-1.89M-2.14M
EBITDA Margin %0.34%0.06%-0.68%-0.6%-0.73%
EBITDA Growth %--0.71%-15.56%0.39%-0.13%
D&A (Non-Cash Add-back)46.27K158.24K244.88K252.17K449.91K
EBIT831.98K120.84K-4.27M-1.99M-2.81M
Net Interest Income+30.73K39.9K-171.58K-206.71K-180.48K
Interest Income36.88K72.45K31.32K53.76K63.69K
Interest Expense6.14K32.55K202.9K260.47K244.17K
Other Income/Expense140.54K34.12K-1.14M-115.99K139.43K
Pretax Income+825.83K88.29K-4.48M-2.26M-3.06M
Pretax Margin %0.38%0.02%-0.99%-0.72%-1.04%
Income Tax+230.07K56.53K-350.06K-241.11K-486.28K
Effective Tax Rate %0.72%0.36%0.92%0.89%0.84%
Net Income+595.77K31.76K-4.13M-2.01M-2.57M
Net Margin %0.27%0.01%-0.91%-0.64%-0.88%
Net Income Growth %--0.95%-130.96%0.51%-0.28%
Net Income (Continuing)595.77K31.76K-4.13M-2.01M-2.57M
Discontinued Operations00000
Minority Interest00000
EPS (Diluted)+0.300.02-2.75-1.33-1.55
EPS Growth %--0.95%-184.33%0.52%-0.17%
EPS (Basic)0.300.02-2.75-1.33-1.55
Diluted Shares Outstanding2M2M1.5M1.51M1.66M
Basic Shares Outstanding2M2M1.5M1.51M1.66M
Dividend Payout Ratio-----

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+858.53K3.81M3.38M2.07M2.59M
Cash & Short-Term Investments403.49K1.56M91.99K14.14K619.94K
Cash Only403.49K1.56M91.99K14.14K619.94K
Short-Term Investments00000
Accounts Receivable15.04K995.67K1.61M455.04K14.68K
Days Sales Outstanding2.5296.96129.7752.761.83
Inventory428.45K1.07M1.41M989.59K1.12M
Days Inventory Outstanding354.04311.06242.54330.36582.73
Other Current Assets000441.03K405.69K
Total Non-Current Assets+2.6M2.71M1.19M2.86M2.37M
Property, Plant & Equipment637.89K549.65K371.57K203.69K322.44K
Fixed Asset Turnover3.42x6.82x12.19x15.45x9.09x
Goodwill0951.8K000
Intangible Assets0421.56K392.49K371.63K339.03K
Long-Term Investments00000
Other Non-Current Assets1.92M733.89K34.69K1.82M814.74K
Total Assets+3.46M6.51M4.56M4.93M4.96M
Asset Turnover0.63x0.58x0.99x0.64x0.59x
Asset Growth %-0.89%-0.3%0.08%0%
Total Current Liabilities+1.57M2.55M4.13M4.28M2.28M
Accounts Payable1.42M2.21M3.65M3.89M1.9M
Days Payables Outstanding1.17K643.45627.751.3K992.49
Short-Term Debt197.78K708.06K1.51M1.6M144.25K
Deferred Revenue (Current)0170.83K159.51K161.04K0
Other Current Liabilities-197.78K-708.06K-1.35M-1.43M88.4K
Current Ratio0.55x1.49x0.82x0.48x1.14x
Quick Ratio0.27x1.07x0.48x0.25x0.65x
Cash Conversion Cycle-814.72-235.44-255.44-914.39-407.93
Total Non-Current Liabilities+422.45K267.02K135.45K45.85K57.8K
Long-Term Debt0047.26K00
Capital Lease Obligations410.45K248.78K69.72K040.11K
Deferred Tax Liabilities00000
Other Non-Current Liabilities12K18.24K18.46K45.85K17.69K
Total Liabilities1.99M2.82M4.27M4.32M2.34M
Total Debt+758.98K1.12M1.78M1.66M184.35K
Net Debt355.5K-435.68K1.69M1.65M-435.59K
Debt / Equity0.52x0.30x6.03x2.73x0.07x
Debt / EBITDA1.04x5.29x---
Net Debt / EBITDA0.49x-2.05x---
Interest Coverage111.52x1.66x-16.44x-8.21x-10.59x
Total Equity+1.46M3.69M295.7K608.47K2.62M
Equity Growth %-1.52%-0.92%1.06%3.3%
Book Value per Share0.731.840.200.401.58
Total Shareholders' Equity1.46M3.69M295.7K608.47K2.62M
Common Stock4203.94M4.63M6.98M11.62M
Retained Earnings1.36M-203.03K-4.22M-6.21M-8.8M
Treasury Stock00000
Accumulated OCI103.07K-44.44K-112.93K-158.65K-204.72K
Minority Interest00000

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+1M-843.59K-2.86M30.09K-1.58M
Operating CF Margin %0.46%-0.23%-0.63%0.01%-0.54%
Operating CF Growth %--1.84%-2.39%1.01%-53.34%
Net Income595.77K31.76K-4.13M-2.01M-2.57M
Depreciation & Amortization46.27K158.24K244.88K252.17K449.91K
Stock-Based Compensation00201.1K803.22K0
Deferred Taxes00000
Other Non-Cash Items00951.8K380.16K1.73M
Working Capital Changes361.15K-1.03M-131.69K608.49K-1.18M
Change in Receivables101.56K-959.66K7.4K-126.6K720.03K
Change in Inventory-285.92K-318.18K-341.63K422.32K-126.91K
Change in Payables500.75K255.82K799.32K434.21K-677.44K
Cash from Investing+-708.83K-1.76M36.96K-119.5K-61.02K
Capital Expenditures-4.25K-46.32K-10.35K-502-6.38K
CapEx % of Revenue0%0.01%0%0%0%
Acquisitions-----
Investments-----
Other Investing-704.57K-963.15K47.31K-119K-54.64K
Cash from Financing+-5.21K3.91M1.34M25.94K2.14M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid00000
Share Repurchases-----
Other Financing00000
Net Change in Cash-----
Free Cash Flow+998.93K-1.36M-2.9M28.55K-1.58M
FCF Margin %0.46%-0.36%-0.64%0.01%-0.54%
FCF Growth %--2.36%-1.13%1.01%-56.41%
FCF per Share0.50-0.68-1.930.02-0.95
FCF Conversion (FCF/Net Income)1.68x-26.56x0.69x-0.01x0.61x
Interest Paid6.14K32.55K5.73K131.15K0
Taxes Paid0158.2K000

Key Ratios

Metric20202021202220232024
Return on Equity (ROE)40.68%1.23%-206.89%-445.48%-159.34%
Return on Invested Capital (ROIC)28.24%1.6%-95.39%-75.58%-87.31%
Gross Margin79.75%66.49%53.1%65.27%20.41%
Net Margin27.31%0.85%-91.11%-63.98%-87.72%
Debt / Equity0.52x0.30x6.03x2.73x0.07x
Interest Coverage111.52x1.66x-16.44x-8.21x-10.59x
FCF Conversion1.68x-26.56x0.69x-0.01x0.61x
Revenue Growth-71.8%20.87%-30.52%-6.88%

Revenue by Geography

2024
AUSTRALIA45.31K
AUSTRALIA Growth-
UNITED STATES1.3K
UNITED STATES Growth-

Frequently Asked Questions

Growth & Financials

Innovation Beverage Group Limited (IBG) reported $7.7M in revenue for fiscal year 2024. This represents a 252% increase from $2.2M in 2020.

Innovation Beverage Group Limited (IBG) saw revenue decline by 6.9% over the past year.

Innovation Beverage Group Limited (IBG) reported a net loss of $6.1M for fiscal year 2024.

Dividend & Returns

Innovation Beverage Group Limited (IBG) has a return on equity (ROE) of -159.3%. Negative ROE indicates the company is unprofitable.

Innovation Beverage Group Limited (IBG) had negative free cash flow of $2.8M in fiscal year 2024, likely due to heavy capital investments.

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