Innovation Beverage Group Limited (IBG) Research

Innovation Beverage Group Limited (IBG), established in 2018 and based in Seven Hills, Australia, is dedicated to the development, production, distribution, and international sale of a diverse portfolio of alcoholic and non-alcoholic beverages. Operating across Australia and the United States, the company's offerings span various categories. Its alcoholic range includes bitters from brands like Australian Bitters Company and BitterTales, pre-mixed cocktails marketed under the Twisted Shaker label, light spirits, and mixers. Additionally, IBG produces other spirits such as Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs. For consumers seeking non-alcoholic options, the company provides a selection of alcohol-free beverages, notably its Drummerboy brand of non-alcoholic spirits. Furthermore, IBG facilitates direct consumer sales through its proprietary e-commerce platforms, including wiredforwine.com, bevmart.com, bevmart.com.au, and drummerboy.com, where it sells its own products alongside a curated assortment of wines and spirits. The company was initially incorporated as Australian Boutique Spirits PTY LTD, subsequently rebranding to Innovation Beverage Group Limited in June 2022.

Market snapshot

Symbol
IBG
Price
$1.16
Day change
+0.87%
Market cap
$385.2K
P/E ratio
-0.15x
52-week range
0.72-36.5
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries

Peer companies

  • AquaBounty Technologies, Inc. (AQB)
  • Edible Garden AG Incorporated (EDBL)
  • Elite Education Group International Limited (EEIQ)
  • Greenlane Holdings, Inc. (GNLN)
  • Golden Sun Education Group Limited (GSUN)
  • Visionary Holdings Inc. (GV)
  • Kaival Brands Innovations Group, Inc. (KAVL)
  • Splash Beverage Group, Inc. (SBEV)

Recent insider activity

  • Cardillo Sally Elizabeth — trade (0 shares) on 2022-05-05

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