# Innovation Beverage Group Limited (IBG)

**Exchange:** NASDAQ  
**Sector:** Consumer Defensive  
**Price:** $1.21 (+0.83%)

> Innovation Beverage Group Limited is a dynamic company in the beverage industry, focusing on the development, production, and distribution of innovative drink solutions. Its primary function is to bring creative, high-quality beverage products to the market, which appeal to a wide range of consumer tastes and preferences. The company leverages cutting-edge technology and modern production techniques to craft unique beverages, including alcoholic and non-alcoholic options. Innovation Beverage Group Limited plays a pivotal role in the food and beverage sector by contributing to the growing trend of innovative drink formulations that meet evolving consumer demands. By emphasizing quality and creativity, Innovation Beverage Group Limited has positioned itself as a key player in shaping future trends in the beverage market, impacting both local and global markets through its innovative product lineup.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2024 | $3M | $2M | -$3M | -$3M | — |
| 2023 | $3M | $2M | -$2M | -$2M | $-1.21 |
| 2022 | $5M | $2M | -$3M | -$4M | $-2.47 |
| 2021 | $4M | $2M | $54,167 | $31,763 | $0.02 |
| 2020 | $2M | $2M | $685,288 | $595,766 | $0.06 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2024 | $5M | $2M | $3M | $619,944 | $40,109 |
| 2023 | $5M | $4M | $608,470 | $14,140 | — |
| 2022 | $5M | $4M | $295,700 | $91,986 | $116,983 |
| 2021 | $7M | $3M | $4M | $2M | $248,779 |
| 2020 | $3M | $2M | $1M | $403,486 | $410,448 |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2024 | -$2M | -$6,385 | -$2M |
| 2023 | -$628,027 | -$502 | $55,931 |
| 2022 | -$4M | -$10,352 | -$3M |
| 2021 | -$697,569 | -$46,318 | -$1M |
| 2020 | $995,679 | -$4,255 | $998,932 |

Source: [CompaniesByCap](https://companiesbycap.com/company/IBG)