Innovation Beverage Group Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $1.7M
- Price
- $0.9326
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.83%
- Volume
- 9.2K
About
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.
Quick stats
Shares outstanding1.8M
Computed float2.5M
Float / shares138.0%
Key info
SectorConsumer Defensive
IndustryBeverages - Wineries & Distilleries
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001924482
AI Summary
AI-generated1/10
minorneutraloperations update
Innovation Beverage Group Reports Commercial Progress with U.S. and U.K. Expansion Alongside Double Gold Medal Wins for Australian Bitters
Innovation Beverage Group reported continued commercial progress in its U.S. and U.K. expansion, launching Australian Bitters in New York via Lieber Fine Wines & Spirits and engaging trade partners in London and Brooklyn.
The company secured Double Gold Medals for its Cocoa and Orange Bitters at the San Francisco Ready to Drink Competition, citing the results as third-party validation of its portfolio quality.
IBG plans to activate at Tales of the Cocktail in New Orleans in July and identified Florida as the next anticipated U.S. market entry, while noting its proposed business combination with BlockFuel Energy remains in process.