Innovation Beverage Group Limited (IBG) Financials

$0.64

$0.02 (-3.02%)
Last update: 04:00 PM EST
Day's range
$0.64
Day's range
$0.67

IBG Income statement / Annual

Last year (2024), Innovation Beverage Group Limited's total revenue was $2.93 M, a decrease of 6.88% from the previous year. In 2024, Innovation Beverage Group Limited's net income was -$2.57 M. See Innovation Beverage Group Limited,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Operating Revenue $2.93 M $3.15 M $4.53 M $3.75 M $2.18 M
Cost of Revenue $2.33 M $1.09 M $2.12 M $1.26 M $441,710.00
Gross Profit $598,315.00 $2.05 M $2.41 M $2.49 M $1.74 M
Gross Profit Ratio 0.2 0.65 0.53 0.66 0.8
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $0.00 $3.08 M $3.73 M $1.71 M $846,902.00
Selling & Marketing Expenses $0.00 $329,439.00 $846,956.00 $424,992.00 $24,438.00
Selling, General & Administrative Expenses $3.18 M $3.41 M $4.57 M $2.14 M $871,340.00
Other Expenses $0.00 $785,338.00 $1.17 M $302,740.00 $183,416.00
Operating Expenses $3.18 M $4.19 M $5.74 M $2.44 M $1.05 M
Cost And Expenses -$5.52 M $5.29 M $7.87 M $3.69 M $1.50 M
Interest Income $63,689.00 $53,763.00 $31,322.00 $72,446.00 $36,877.00
Interest Expense $244,166.00 $260,473.00 $202,898.00 $32,549.00 $6,145.00
Depreciation & Amortization $449,910.00 $252,174.00 $244,880.00 $158,242.00 $46,273.00
EBITDA -$2.36 M -$1.74 M -$4.03 M $279,075.00 $878,248.00
EBITDA Ratio -0.81 -0.55 -0.89 0.07 0.4
Operating Income Ratio -0.88 -0.68 -0.74 0.01 0.31
Total Other Income/Expenses Net -$472,643.00 -$115,990.00 -$1.14 M $34,122.00 $140,544.00
Income Before Tax -$3.06 M -$2.26 M -$4.48 M $88,289.00 $825,832.00
Income Before Tax Ratio -1.04 -0.72 -0.99 0.02 0.38
Income Tax Expense -$486,278.00 -$241,111.00 -$350,063.00 $56,526.00 $230,066.00
Net Income -$2.57 M -$2.01 M -$4.13 M $31,763.00 $595,766.00
Net Income Ratio -0.88 -0.64 -0.91 0.01 0.27
EPS -0.31 0 0 0.003 0.0594
EPS Diluted -0.31 0 0 0.003 0.0594
Weighted Average Shares Out $8.30 M $7.56 M $0.00 $10.02 M $10.02 M
Weighted Average Shares Out Diluted $8.30 M $7.56 M $0.00 $10.02 M $10.02 M
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