Innovation Beverage Group Limited (IBG) Financials

$2.35

$0.2 (-7.84%)
Last update: 04:00 PM EST
Day's range
$2.29
Day's range
$2.44

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 $699.33 K $1.09 M $2.12 M $1.26 M $441.71 K
Gross Profit $598.32 K $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 $3.19 M $3.08 M $3.73 M $1.71 M $846.90 K
Selling & Marketing Expenses $155.37 K $329.44 K $846.96 K $424.99 K $24.44 K
Selling, General & Administrative Expenses $3.18 M $3.41 M $4.57 M $2.14 M $871.34 K
Other Expenses $2.25 M $785.34 K $1.17 M $302.74 K $183.42 K
Operating Expenses $5.43 M $4.19 M $5.74 M $2.44 M $1.05 M
Cost And Expenses $6.13 M $5.29 M $7.87 M $3.69 M $1.50 M
Interest Income $63.69 K $53.76 K $31.32 K $72.45 K $36.88 K
Interest Expense $244.17 K $260.47 K $202.90 K $32.55 K $6.15 K
Depreciation & Amortization $449.91 K $252.17 K $244.88 K $158.24 K $46.27 K
EBITDA -$2.36 M -$1.74 M -$4.03 M $279.08 K $878.25 K
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 $139.43 K -$115.99 K -$1.14 M $34.12 K $140.54 K
Income Before Tax -$3.06 M -$2.26 M -$4.48 M $88.29 K $825.83 K
Income Before Tax Ratio -1.04 -0.72 -0.99 0.02 0.38
Income Tax Expense -$486.28 K -$241.11 K -$350.06 K $56.53 K $230.07 K
Net Income -$2.57 M -$2.01 M -$4.13 M $31.76 K $595.77 K
Net Income Ratio -0.88 -0.64 -0.91 0.01 0.27
EPS -1.55 -1.33 -2.75 0.015 0.3
EPS Diluted -1.55 -1.33 -2.75 0.015 0.3
Weighted Average Shares Out $1.66 M $1.51 M $1.50 M $2.00 M $2.00 M
Weighted Average Shares Out Diluted $1.66 M $1.51 M $1.50 M $2.00 M $2.00 M
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