Stocktoria
Innovation Beverage Group Ltd (IBG) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2024 revenue was $2.9M at a -87.7% net margin.
Beneish M-score: -4.37 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.063 |
| Retained earnings / assets | -1.775 |
| EBIT / assets | -0.645 |
| Equity / liabilities | 1.121 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| IBG | Innovation Beverage Group Ltd | 3/9 | -8.53 | — | — |
| YHC | LQR House Inc. | 3/9 | 9.64 | — | — |
| ASII | Accredited Solutions, Inc. | 3/9 | — | — | — |
| SRXH | SRX Global Inc. | 3/9 | -14.39 | — | -81.3% |
| IPST | IP STRATEGY HOLDINGS, INC. | 4/9 | -5.21 | — | — |
| BUDA | BUDA JUICE, INC. | 3/9 | 12.1 | 32.1 | +11.8% |
| JSDA | JONES SODA CO. | 3/9 | — | — | +42.2% |
About Innovation Beverage Group Ltd
Innovation Beverage Group, together with its subsidiaries, engages in developing, manufacturing, selling, and exporting 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.
FAQ
Is IBG financially healthy?
Innovation Beverage Group Ltd's Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does IBG pay a dividend?
No, Innovation Beverage Group Ltd does not currently pay a dividend.
How profitable is IBG?
In FY2024, Innovation Beverage Group Ltd had a net margin of -87.7% and a return on equity of -98.2%.
Is IBG a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Innovation Beverage Group Ltd: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2024-12-31. Facts plus Stocktoria's own computed scores — not investment advice.