Company overview

Innovation Beverage Group Limited develops and manufactures beverage brands, but Australian Bitters Company accounts for nearly all its revenue. It produces the bitters at its Seven Hills facility in Australia and sells most of them to Coca-Cola Europacific Partners (CCEP) under a long-term contract. The company has exclusive manufacturing rights in Australia, while CCEP holds the Australian distribution rights. This makes CCEP both its main customer and the partner on which its principal route to market depends.

The company also exports bitters and sells beverages directly to consumers through Bevmart.com.au, which carries its own products and other brands. These activities contribute much less revenue than its Australian bitters business. In the United States, it must sell to retail outlets through state-licensed distributors or state-owned agencies, rather than supplying retailers freely.

The company has acquired a controlling interest in BlockFuel Energy and provided it with a loan in connection with a proposed merger. If completed, the merger would shift the business toward acquiring, developing and operating oil and gas assets integrated with digital energy infrastructure. Completion remains subject to conditions, including Nasdaq approval; that shift is a plan, not the current beverage revenue model.