Innovation Beverage Group, together with its subsidiaries, develops, manufactures, sells, and exports alcoholic beverages in Australia and the United States. The company offers bitters under the Australian Bitters Company and BitterTales brands; bottled cocktails under the Twisted Shaker brand; light spirits; and mixers. It also provides non-alcoholic beverages; non-alcoholic spirits under the Drummerboy brands; and other alcoholic beverages under the Australis Gin, VOCO, Cheeky Vodka, Coventry Estate Gin, and Geo Liqueurs brands. In addition, the company retails wines and spirits, as well as its other products, through its online marketplaces consisting of www.wiredforwine.com, www.bevmart.com, www.bevmart.com.au, and www.drummerboy.com. The company was formerly known as Australian Boutique Spirits PTY LTD and changed its name to Innovation Beverage Group Limited in June 2022. Innovation Beverage Group was incorporated in 2018 and is based in Seven Hills, Australia.
Employees - None,
CEO - Sahil Beri,
Sector - Consumer Defensive,
Country - AU,
Market Cap -
Altman ZScore(max is 10): -4.2, Piotroski Score(max is 10): 3, Working Capital: $-2208547, Total Assets: $4931814, Retained Earnings: $-6209633, EBIT: -6269529, Total Liabilities: $4323344, Revenue: $7678159
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