IBG: Innovation Beverage Group Limited - Summary | Jitta

Innovation Beverage Group Limited

NASDAQ:IBG

Price
$0.75
Loss Chance
54.1%
2.05JITTA SCORE
100.00%Over Jitta Line
Jitta Ranking
26 / 26
3,623 / 4,218
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (31)
Recent Business Performance (25)
Financial Strength (43)
Return to Shareholders (9)
Competitive Advantage (13)
Jitta Signs
Cash Conversion CycleLess than 30 days
Recent IPOLess than 3 years
Operating MarginDeclined
Recent Business PerformanceEarning decline 148.95% in the last quarter (yoy)
SG&A to SalesIncreasing Every Year
Key Stats
Jitta Score
Jitta Line
2.05
100.00%
5.36
161.05%
4.24
105.97%
Distillers and Vintners
5.50
125.77%
4.60
129.53%
3.21
100.00%
COMPANY DESCRIPTION
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.