Innovation Beverage Group Ltd is a US-listed company in the beverages industry. Its financial year ends in December.
Stock price today
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Third-party market data · may be delayed
Model estimate per share
~$3.4
Price-to-sales vs peers
Base case. Range ~$3.4–$22. Sales per share times peers' typical price-to-sales; used only when earnings are negative.
Price vs value
No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.
Innovation Beverage Group Ltd valuation: adjust assumptions and compare models →
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds2 adding, 5 cuttingOf 0 active managers that changed their stake, 0 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Innovation Beverage Group Ltd's trailing-twelve-month revenue fell 5.1% year on year, with a free-cash-flow margin of -56.7%. Where it stands out: days sales outstanding of 6 days ranks 1 of 21 beverages companies we cover. Where it lags: change in share count of 41.7% ranks 18 of 19 beverages companies we cover.
Current signal Free cash flow diverging from earnings: TTM free cash flow grew 18.4% while net income fell 31.8%: a 50pp divergence.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Highlights
How we pick theseStrengths
Nothing in Innovation Beverage Group Ltd's latest figures clears our strength thresholds.
Things to watch
- Revenue shrinking. Revenue fell 5.1% over the last 12 months.
- Loss-making. Operating margin is -194.2%: costs exceed revenue.
- Margins narrowing. Operating margin is down 20.9 points on a year ago.
- Burning cash. Free cash flow was -56.7% of revenue over the last 12 months.
- Heavy stock-based pay. Stock pay equals 71.1% of revenue, against a median of 1.2% for beverages companies we cover: a real cost that cash-flow figures leave out.
- Share dilution. Diluted shares rose 41.7% in a year.
Price chart
- 1 day+0.9%
- 1 week-13.9%
- 1 month-5.5%
- This year-91.7%
- 1 year-94.5%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Profitability
- Revenue (TTM)
- $2.8M
- Operating margin
- -194.2%
- Net margin
- -223.4%
- EPS (TTM, diluted)
- $-13.09
Growth
- Revenue growth
- −5.1%
- Change in growth rate
- +2.0 pts
- Share count change
- +41.7%
Cash
- Free cash flow (TTM)
- -$1.6M
- FCF margin
- -56.7%
- Stock pay % of revenue
- 71.1%
News & updates
Company announcements, filed results and changes that matter to shareholders.
No recent updates are available for IBG from the sources we follow. See filings →
Valuation models
We value Innovation Beverage Group Ltd as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.43 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | — | Does not apply: revenue and margins don't support a positive value |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: book value or earnings not available |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: return on equity is not positive |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | ~$3.4 ~$3.4–$22 | Included, half weight |
| Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$3.4 ~$3.4–$22 | 1 model |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Innovation Beverage Group Ltd with Beverages in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Valuation multiples over time Market data may be delayed
| At fiscal year end | 2024 | 2025 |
|---|---|---|
| Share price | $27.00 | $9.60 |
| Market value | $9m | $5m |
| + Net debt (− = net cash) | −$619945 | $351024 |
| Enterprise value | $8m | $5m |
| Multiples | ||
| Price / sales | 3.1x | 1.6x |
| Price / earnings | — | — |
| Price / free cash flow | — | — |
| EV / EBITDA | — | — |
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Analysts' consensus
No analyst estimates are published for Innovation Beverage Group Ltd: too few analysts cover it.
Positioning
- Short interest
- 0.8% of tradable shares
- Days to cover
- 1.53 at average volume
- Short interest, 1 month
- −33% to October 15, 2026
- Held by institutions
- 2% of shares
- Held by insiders
- 2.9% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2025 | 2026 to date |
|---|---|---|
| Return | ||
| IBG | −64% | −92% |
| Industry peers (median) | −36% | −2% |
| S&P 500 | +18% | +11% |
| Months that ended higher | ||
| IBG | 25% | 18% |
| S&P 500 | 75% | 46% |
| Largest fall from a high during the year | ||
| IBG | −77% | −92% |
| S&P 500 | −19% | −9% |
Worst fall since September 26, 2024: 99% from September 26, 2024 to May 27, 2026. Getting back needed a 9699% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $0.74 – $14.50
- From 52-week high
- −94.5%
- vs 50-day average
- −14.2%
- vs 200-day average
- −50.8%
- Volatility (1 year)
- 137%
- Beta vs S&P 500
- 0.45
Innovation Beverage Group Ltd in five measures
Fundamentals
Financial statements
| Fiscal year | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 |
|---|---|---|---|
| Income | |||
| Revenue | 3,148 | 2,922 | 2,772 |
| Gross profit | 2,054 | 2,225 | 1,226 |
| EBITDA | −1,887 | −4,647 | −5,313 |
| Operating income | −2,139 | −5,065 | −5,383 |
| Net income | −2,014 | −4,700 | −6,194 |
| Diluted EPS | −$0.26 | −$14.08 | −$13.09 |
| Growth (year on year) | |||
| Revenue | — | −7.2% | −5.1% |
| Margins | |||
| Gross margin | 65.3% | 76.1% | 44.2% |
| EBITDA margin | −59.9% | −159.0% | −191.6% |
| Operating margin | −68.0% | −173.3% | −194.2% |
| Net margin | −64.0% | −160.8% | −223.4% |
| Free-cash-flow margin | 1.8% | −66.0% | −56.7% |
| Cash flow | |||
| Cash from operations | 57 | −1,921 | −1,561 |
| Capital spending | 1 | 7 | 11 |
| Free cash flow | 57 | −1,929 | −1,573 |
| Stock-based pay | 36 | 1,323 | 1,970 |
| Free cash flow after stock pay | 21 | −3,251 | −3,542 |
| Balance sheet | |||
| Cash | 14 | 620 | 128 |
| Total debt | 0 | 0 | 479 |
| Net debt (negative = net cash) | −14 | −620 | 351 |
| Diluted shares | 8m | — | — |
Financial health
- Short-term assets cover short-term liabilities $721,994 of assets due within a year against $3m of liabilities due within a year.
- Short-term assets cover long-term liabilities $721,994 short-term assets against $41,099 of longer-dated liabilities.
- More cash than debt $127,756 of cash against $24,648 of debt.
- Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
- Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
- A year's operating cash flow covers at least 20% of debt −$2m of operating cash flow against $24,648 of debt.
- Operating profit covers interest at least five times over Operating income of −$5m against $117,623 of interest.
Dividends, buybacks and capital spending
- Diluted share count
- +41.7%
- year over year
- Days sales outstanding
- 6 days
- receivables vs revenue
Competitors: side by side with peers
| Last 12 months unless stated | IBG | EPSM | AGCC | YHC | WNW | IPST | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $3m | $5m | $6m | $1m | $7m | $10m | $723m |
| Revenue growth, last 12 months | −5.1% | −59.1% | 144.6% | −49.6% | >999% | 39.7% | 6.6% |
| Revenue growth, latest quarter | — | — | — | −30.6% | — | −44.3% | 6.4% |
| Gross margin | 44.2% | 14.7% | 30.4% | 6.5% | 10.1% | 65.4% | 42.6% |
| Operating margin | −194.2% | −29.2% | 12.6% | −908.3% | −124.1% | <−999% | −0.9% |
| Operating margin, 3-year average | — | — | — | −860.1% | — | −801.6% | 11.9% |
| Net margin | −223.4% | −29.3% | 9.8% | <−999% | −262.5% | <−999% | −1.6% |
| Cash from operations / revenue | −56.3% | −46.5% | −120.8% | <−999% | 127.6% | −164.4% | 9.9% |
| Free-cash-flow margin | −56.7% | −46.6% | — | — | 127.6% | −164.9% | 9.0% |
| Stock pay / revenue | 71.1% | — | — | 168.0% | 11.7% | 35.7% | 1.2% |
| Change in share count | 41.7% | 0.0% | 27.3% | — | 95.8% | — | 0.0% |
Peer comparison
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | -5.1% | 6.9% | 20 of 26 |
| Change in growth rate Growth | +2.0pp | +0.6pp | 7 of 26 |
| Gross margin Profitability | 44.2% | 44.2% | 13 of 26 |
| Operating margin Profitability | -194.2% | -0.7% | 23 of 26 |
| Net margin Profitability | -223.4% | -1.5% | 22 of 26 |
| Free-cash-flow margin Cash generation | -56.7% | 9.6% | 22 of 24 |
| Stock pay as % of revenue Cash generation | 71.1% | 1.2% | 21 of 23 |
| Long-term debt as % of assets Balance sheet | 1.9% | 12.9% | 5 of 18 |
| Change in share count Balance sheet | 41.7% | 0.0% | 18 of 19 |
| Days sales outstanding Balance sheet | 6 days | 33 days | 1 of 21 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
Who owns it
Funds buying and selling- Reported value
- $85,271
- Institutions reporting
- 6
- Shares held vs prior quarter
- ▼ 53.8%
- Positions opened / closed
- 2 / 2
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Susquehanna International Group, LLP | $27,899 | 25K | 32.7% | New |
| Xtx Topco Ltd | $26,616 | 24K | 31.2% | ▼ 53.9% |
| Jane Street Group, LLC | $17,974 | 16K | 21.1% | New |
| Two Sigma Securities, LLC | $11,118 | 10K | 13.0% | ▼ 12.4% |
| UBS Group AG | $1,334 | 1K | 1.6% | ▼ 77.2% |
| Lanark Financial, Inc. | $330 | 0K | 0.4% | 0.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Innovation Beverage Group Ltd's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chartFrom insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Innovation Beverage Group Ltd in brief
- What does Innovation Beverage Group Ltd do?
- Innovation Beverage Group Ltd is a US-listed company in the beverages industry. Its financial year ends in December.
- What is Innovation Beverage Group Ltd's stock ticker?
- Innovation Beverage Group Ltd trades under the ticker IBG on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
- What is Innovation Beverage Group Ltd's revenue, and how fast is it growing?
- Over its most recent trailing twelve months, Innovation Beverage Group Ltd reported revenue of $2.8M, 5.1% lower than a year earlier, according to its SEC filings.
- What is Innovation Beverage Group Ltd's free cash flow?
- Innovation Beverage Group Ltd's free-cash-flow margin is -56.7% of revenue over the trailing twelve months, ranking 22 of the 24 beverages companies we cover.
- Who are Innovation Beverage Group Ltd's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Susquehanna International Group, LLP, Xtx Topco Ltd and Jane Street Group, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- What is Innovation Beverage Group Ltd's market cap?
- On December 31, 2025, Innovation Beverage Group Ltd's market capitalisation was about $4.5M and net debt of $351,024. Market figures come from third-party market data and may be delayed.
- Who are Innovation Beverage Group Ltd's competitors?
- In our Beverages peer group, the companies closest to Innovation Beverage Group Ltd are Epsium Enterprise Ltd, Agencia Comercial Spirits Ltd., LQR House Inc., Meiwu Technology Co Ltd and IP Strategy Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Innovation Beverage Group Ltd's.
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