Innovation Beverage Group Ltd
IBGdata completeness 88%2 fiscal years on fileData notes: no data for concept 'totalDebt'
Innovation Beverage Group Ltd earns about -188% on invested capital, but has diluted owners by 7% over 2 years — worth asking whether the growth reaches owners. The cash-flow models don't apply cleanly here — the ledger says why below.Whether it’s worth owning at today’s price is the last question — and yours to answer, below.
| Figure | FY 2023 | FY 2024 |
|---|---|---|
| Revenue | $3.15M1 | $2.93M1 |
| Net income | −$2.01M2 | −$2.57M2 |
| Operating cash flow | $57,4813 | −$1.58M3 |
| Capital expenditure | $5024 | $6,3854 |
| Free cash flow (derived) | $56,9793 | −$1.58M3 |
| Total debt | — | — |
| Cash & equivalents | $14,1405 | $619,9445 |
| Diluted shares | 7.8M | 8.3M |
Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).
10 shares is a claim on $3.15 of net worth that earned you −$3.1 and generated −$1.91 of cash last year.
It earned an average -188% on invested capital over 2 years. Compare that to what it costs to fund the business.
seeing a moat in the numbers →Share count is up 7% over 2 years — owners have been diluted. Worth asking what they got for it.
reading capital allocation →Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.
Different models answer different questions — which to trust when →
- 20-F · period ending 2023-12-31 · accession 0001731122-25-000769 (Revenues)
- 20-F · period ending 2023-12-31 · accession 0001731122-25-000769 (NetIncomeLoss)
- 20-F · period ending 2023-12-31 · accession 0001731122-25-000769 (NetCashProvidedByUsedInOperatingActivities)
- 20-F · period ending 2023-12-31 · accession 0001731122-25-000769 (PaymentsToAcquirePropertyPlantAndEquipment)
- 20-F · period ending 2023-12-31 · accession 0001731122-25-000769 (CashAndCashEquivalentsAtCarryingValue)