Innovation Beverage (IBG) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.9M
Gross Profit
2.2M
76.14%
Operating Income
-2.6M
-88.19%
Net Income
-2.6M
-87.72%
Balance Sheet Metrics
Total Assets
5.0M
Total Liabilities
2.3M
Shareholders Equity
2.6M
Debt to Equity
0.89
Cash Flow Metrics
Operating Cash Flow
-1.8M
Free Cash Flow
-1.6M
Revenue & Profitability Trend
Innovation Beverage Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.9M | 3.1M | 4.5M | 3.7M | 2.2M |
| Cost of Goods Sold | 699.3K | 1.1M | 2.1M | 1.3M | 441.7K |
| Gross Profit | 2.2M | 2.1M | 2.4M | 2.5M | 1.7M |
| Operating Expenses | 4.8M | 4.2M | 5.7M | 2.4M | 1.1M |
| Operating Income | -2.6M | -2.1M | -3.3M | 54.2K | 685.3K |
| Pre-tax Income | -3.1M | -2.3M | -4.5M | 88.3K | 825.8K |
| Income Tax | -486.3K | -241.1K | -350.1K | 56.5K | 230.1K |
| Net Income | -2.6M | -2.0M | -4.1M | 31.8K | 595.8K |
| EPS (Diluted) | - | -$0.24 | -$0.49 | $0.00 | $0.06 |
Income Statement Trend
Innovation Beverage Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 2.6M | 2.1M | 3.4M | 3.8M | 858.5K |
| Non-Current Assets | 2.4M | 2.9M | 1.2M | 2.7M | 2.6M |
| Total Assets | 5.0M | 4.9M | 4.6M | 6.5M | 3.5M |
| Liabilities | |||||
| Current Liabilities | 2.3M | 4.3M | 4.1M | 2.6M | 1.6M |
| Non-Current Liabilities | 57.8K | 45.8K | 135.4K | 267.0K | 422.4K |
| Total Liabilities | 2.3M | 4.3M | 4.3M | 2.8M | 2.0M |
| Equity | |||||
| Total Shareholders Equity | 2.6M | 608.5K | 295.7K | 3.7M | 1.5M |
Balance Sheet Composition
Innovation Beverage Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -2.6M | -2.0M | -4.1M | 31.8K | 595.8K |
| Operating Cash Flow | -1.8M | -628.0K | -3.7M | -697.6K | 995.7K |
| Investing Activities | |||||
| Capital Expenditures | -6.4K | -502 | -10.4K | -46.3K | -4.3K |
| Investing Cash Flow | -61.0K | -120.8K | 64.3K | -1.3M | -708.8K |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | 2.1M | 25.9K | 2.2M | 3.9M | -5.2K |
| Free Cash Flow | -1.6M | 55.9K | -2.9M | -1.4M | 998.9K |
Cash Flow Trend
Innovation Beverage Key Financial Ratios
Valuation Ratios
Price to Book
2.15
Price to Sales
2.06
Profitability Ratios
Profit Margin
-87.72%
Operating Margin
-95.16%
Return on Equity
-159.34%
Return on Assets
-32.68%
Financial Health
Current Ratio
1.14
Debt to Equity
273.36
Per Share Data
EPS (TTM)
-$0.31
Book Value per Share
$0.30
Revenue per Share
$0.35
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ibg | 6.0M | - | 2.15 | -159.34% | -87.72% | 273.36 |
| Brown-Forman | 12.6B | 14.39 | 3.13 | 23.14% | 21.86% | 71.05 |
| Brown-Forman | 12.6B | 14.69 | 3.20 | 23.14% | 21.86% | 71.05 |
| Willamette Valley | 24.5M | - | 1.00 | -0.47% | -0.84% | 45.14 |
| Fresh Vine Wine | 9.8M | - | - | -181.36% | -1.95% | - |
| Eastside Distilling | 10.0M | 0.00 | 0.18 | -23.45% | 43.21% | 23.35 |
Financial data is updated regularly. All figures are in the company's reporting currency.