Innovation Beverage Group Ltd Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Innovation Beverage Group Ltd has an operating margin of -109.1%, meaning the company retains $-109 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -68.0% the prior year.
Innovation Beverage Group Ltd's revenue declined 6.9% year-over-year, from $3.1M to $2.9M. This contraction results in a growth score of 9/100.
Innovation Beverage Group Ltd carries a low D/E ratio of 0.89, meaning only $0.89 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.
Innovation Beverage Group Ltd's current ratio of 1.14 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 25/100, which could limit financial flexibility.
While Innovation Beverage Group Ltd generated -$1.6M in operating cash flow, capex of $6K consumed most of it, leaving -$1.6M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Innovation Beverage Group Ltd passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Innovation Beverage Group Ltd generates $0.61 in operating cash flow (-$1.6M OCF vs -$2.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Innovation Beverage Group Ltd earns $-13.1 in operating income for every $1 of interest expense (-$3.2M vs $244K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Innovation Beverage Group Ltd (IBG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Innovation Beverage Group Ltd generated $2.9M in revenue in fiscal year 2024. This represents a decrease of 6.9% from the prior year.
Innovation Beverage Group Ltd's EBITDA was -$2.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 45.6% from the prior year.
Innovation Beverage Group Ltd generated -$1.6M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 2875.9% from the prior year.
Innovation Beverage Group Ltd reported -$2.6M in net income in fiscal year 2024. This represents a decrease of 27.7% from the prior year.
Innovation Beverage Group Ltd earned $-0.31 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 19.2% from the prior year.
Innovation Beverage Group Ltd held $620K in cash against $0 in long-term debt as of fiscal year 2024.
Innovation Beverage Group Ltd had 9M shares outstanding in fiscal year 2024. This represents an increase of 6.3% from the prior year.
Innovation Beverage Group Ltd's gross margin was 76.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 10.9 percentage points from the prior year.
Innovation Beverage Group Ltd's operating margin was -109.1% in fiscal year 2024, reflecting core business profitability. This is down 41.1 percentage points from the prior year.
Innovation Beverage Group Ltd's net profit margin was -87.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 23.7 percentage points from the prior year.
Innovation Beverage Group Ltd invested $6K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 1171.9% from the prior year.
IBG Income Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Revenue | N/A | N/A |
| Cost of Revenue | N/A | N/A |
| Gross Profit | N/A | N/A |
| R&D Expenses | N/A | N/A |
| SG&A Expenses | N/A | N/A |
| Operating Income | N/A | N/A |
| Interest Expense | N/A | N/A |
| Income Tax | N/A | N/A |
| Net Income | N/A | N/A |
| EPS (Diluted) | N/A | N/A |
IBG Balance Sheet
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Total Assets | $5.0M+0.5% | $4.9M |
| Current Assets | $2.6M+25.1% | $2.1M |
| Cash & Equivalents | $620K+4284.3% | $14K |
| Inventory | $1.1M+12.8% | $990K |
| Accounts Receivable | $15K-95.0% | $294K |
| Goodwill | N/A | N/A |
| Total Liabilities | $2.3M-46.0% | $4.3M |
| Current Liabilities | $2.3M-46.7% | $4.3M |
| Long-Term Debt | N/A | N/A |
| Total Equity | $2.6M+330.4% | $608K |
| Retained Earnings | -$8.8M-41.6% | -$6.2M |
IBG Cash Flow Statement
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Operating Cash Flow | N/A | N/A |
| Capital Expenditures | N/A | N/A |
| Free Cash Flow | N/A | N/A |
| Investing Cash Flow | N/A | N/A |
| Financing Cash Flow | N/A | N/A |
| Dividends Paid | N/A | N/A |
| Share Buybacks | N/A | N/A |
IBG Financial Ratios
| Metric | Q4'24 | Q4'23 |
|---|---|---|
| Gross Margin | N/A | N/A |
| Operating Margin | N/A | N/A |
| Net Margin | N/A | N/A |
| Return on Equity | N/A | N/A |
| Return on Assets | N/A | N/A |
| Current Ratio | 1.14+0.7 | 0.48 |
| Debt-to-Equity | 0.89-6.2 | 7.11 |
| FCF Margin | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Innovation Beverage Group Ltd's annual revenue?
Innovation Beverage Group Ltd (IBG) reported $2.9M in total revenue for fiscal year 2024. This represents a -6.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Innovation Beverage Group Ltd's revenue growing?
Innovation Beverage Group Ltd (IBG) revenue declined by 6.9% year-over-year, from $3.1M to $2.9M in fiscal year 2024.
Is Innovation Beverage Group Ltd profitable?
No, Innovation Beverage Group Ltd (IBG) reported a net income of -$2.6M in fiscal year 2024, with a net profit margin of -87.7%.
What is Innovation Beverage Group Ltd's earnings per share (EPS)?
Innovation Beverage Group Ltd (IBG) reported diluted earnings per share of $-0.31 for fiscal year 2024. This represents a -19.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Innovation Beverage Group Ltd's EBITDA?
Innovation Beverage Group Ltd (IBG) had EBITDA of -$2.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Innovation Beverage Group Ltd's gross margin?
Innovation Beverage Group Ltd (IBG) had a gross margin of 76.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Innovation Beverage Group Ltd's operating margin?
Innovation Beverage Group Ltd (IBG) had an operating margin of -109.1% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Innovation Beverage Group Ltd's net profit margin?
Innovation Beverage Group Ltd (IBG) had a net profit margin of -87.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Innovation Beverage Group Ltd's free cash flow?
Innovation Beverage Group Ltd (IBG) generated -$1.6M in free cash flow during fiscal year 2024. This represents a -2875.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Innovation Beverage Group Ltd's operating cash flow?
Innovation Beverage Group Ltd (IBG) generated -$1.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Innovation Beverage Group Ltd's total assets?
Innovation Beverage Group Ltd (IBG) had $5.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Innovation Beverage Group Ltd's capital expenditures?
Innovation Beverage Group Ltd (IBG) invested $6K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Innovation Beverage Group Ltd have outstanding?
Innovation Beverage Group Ltd (IBG) had 9M shares outstanding as of fiscal year 2024.
What is Innovation Beverage Group Ltd's current ratio?
Innovation Beverage Group Ltd (IBG) had a current ratio of 1.14 as of fiscal year 2024, which is considered adequate.
What is Innovation Beverage Group Ltd's debt-to-equity ratio?
Innovation Beverage Group Ltd (IBG) had a debt-to-equity ratio of 0.89 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Innovation Beverage Group Ltd's return on assets (ROA)?
Innovation Beverage Group Ltd (IBG) had a return on assets of -51.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Innovation Beverage Group Ltd's cash runway?
Based on fiscal year 2024 data, Innovation Beverage Group Ltd (IBG) had $620K in cash against an annual operating cash burn of $1.6M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Innovation Beverage Group Ltd's Piotroski F-Score?
Innovation Beverage Group Ltd (IBG) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Innovation Beverage Group Ltd's earnings high quality?
Innovation Beverage Group Ltd (IBG) has an earnings quality ratio of 0.61x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Innovation Beverage Group Ltd cover its interest payments?
Innovation Beverage Group Ltd (IBG) has an interest coverage ratio of -13.1x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Innovation Beverage Group Ltd?
Innovation Beverage Group Ltd (IBG) scores 22 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.