6-K
Innovation Beverage Group Ltd (IBG)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Form6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of December 2025
Commission file number: 001-42278
INNOVATIONBEVERAGE GROUP LTD
(Translation of registrant’s name into English)
29 Anvil Road
Seven Hills, New South Wales, Australia, 2147
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Further to Nasdaq Rule 5250(c)(2), Innovation Beverage Group Limited hereby furnishes its interim balance sheet and income statement as of the end of its second quarter.
EXHIBIT INDEX
| Exhibit Number | Description of Document |
|---|---|
| 99.1 | Interim balance sheet and income statement as of June 30, 2025 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Innovation Beverage Group Limited | |||
|---|---|---|---|
| Date: December 29, 2025 | By: | /s/ Sahil Beri | |
| Name: | Sahil Beri | ||
| Title: | Chief Executive Officer |
EXHIBIT 99.1
| INNOVATION BEVERAGE GROUP LIMITED | ||||||
|---|---|---|---|---|---|---|
| CONSOLIDATED BALANCE SHEETS | ||||||
| 6/30/2025 | 12/31/2025 | |||||
| --- | --- | --- | --- | --- | --- | --- |
| ASSETS | ||||||
| Current assets | ||||||
| Cash and cash equivalents | 188,393 | $ | 619,944 | |||
| Accounts receivable, net | 10,615 | 14,676 | ||||
| Capitalized IPO cost | — | 0 | ||||
| Inventory, at cost | 1,118,166 | 1,116,500 | ||||
| Prepaid expenses | 189,119 | 431,495 | ||||
| Current portion of loan to shareholders | 241,947 | 405,687 | ||||
| Total current assets | 1,748,240 | 2,588,302 | ||||
| Deposits | 34,307 | 32,373 | ||||
| Finance right of use asset, net | 1,308 | 3,352 | ||||
| Operating right of use asset, net | 142,348 | 213,688 | ||||
| Non-current portion of loan to shareholders | 595,696 | 328,642 | ||||
| Equipment, net | 95,388 | 105,399 | ||||
| Intangible assets, net | 621,755 | 339,032 | ||||
| Prepaid distribution cost | 358,538 | 453,728 | ||||
| Deferred tax asset | 938,574 | 890,857 | ||||
| Total assetsz | $ | 4,536,154 | $ | 4,955,373 | ||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
| Current liabilities | ||||||
| Accounts payable and accrued expenses | 1,127,012 | $ | 1,479,983 | |||
| Deferred revenue | — | 0 | ||||
| Related party notes payable | — | 0 | ||||
| Notes payable | 595,902 | 421,596 | ||||
| Current portion of operating lease liability | 123,156 | 144,245 | ||||
| Other liabilities | 457 | 232,642 | ||||
| Total current liabilities | 1,846,527 | 2,278,466 | ||||
| Accrued employee benefits, non-current | 13,756 | 17,689 | ||||
| Operating lease liability, less current portion | 0 | 40109 | ||||
| Total liabilities | 1,860,283 | 2,336,264 | ||||
| Commitments and contingencies (note 9) | ||||||
| STOCKHOLDERS’ EQUITY | ||||||
| Ordinary shares, no par value; no authorization limit; 10,997,246 and 8,673,857 shares issued and outstanding at 30 June 2025 and December 31, 2024, respectively | 12,830,333 | 11,619,117 | ||||
| Accumulated other comprehensive loss | (112,448 | ) | (219,042 | ) | ||
| Accumulated deficit | (10,042,014 | ) | (8,780,966 | ) | ||
| Total stockholders' equity | 2,675,871 | 2,619,109 | ||||
| Total liabilities and stockholders' equity | $ | 4,536,154 | $ | 4,955,373 | ||
| Consolidated | Consolidated | |||||
| --- | --- | --- | --- | --- | --- | --- |
| 6/30/2025 | 12/31/2024 | |||||
| Sales revenue | 1,216,903 | 2,931,243 | ||||
| Cost of goods sold | (319,091 | ) | (699,329 | ) | ||
| Gross margin | 897,812 | 2,231,914 | ||||
| Operating expenses: | ||||||
| Other general and administrative | 880,686 | 1,555,190 | ||||
| Salary and wages | 621,502 | 1,633,599 | ||||
| Sales and marketing | 204,274 | 155,371 | ||||
| Contracted services | 675,618 | 1,472,722 | ||||
| Loss on asset write-off | 5 | 612,072 | ||||
| Total operating expenses | 2,382,085 | 5,428,954 | ||||
| Profit from continusing operations | (1,484,273 | ) | (3,197,040 | ) | ||
| Other income/(expense): | ||||||
| Other income/(expense) | 222,706 | 319,906 | ||||
| Interest income | 62,317 | 63,689 | ||||
| Interest expense | (61,798 | ) | (244,166 | ) | ||
| Total other income/(expense) | 223,225 | 139,429 | ||||
| (1,261,048 | ) | (3,057,611 | ) | |||
| Provision for income taxes | — | 486,278 | ||||
| Net income | (1,261,048 | ) | (2,571,333 | ) | ||
| OCI | 106,594 | (60,392 | ) | |||
| Comprehensive Income | (1,154,454 | ) | (2,631,725 | ) | ||
| Income(loss) per share | ||||||
| Basic | -0.14 | -0.31 | ||||
| Dilutive | -0.14 | -0.31 | ||||
| STATEMENT OF CASH FLOWS | 6/30/2025 | |||||
| --- | --- | --- | --- | --- | --- | --- |
| CY | 06/30/25 | 12/31/24 | ||||
| PY (31 Dec 2024) | ||||||
| OPERATING | ||||||
| Net income | (1,261,048 | ) | (2,571,333 | ) | ||
| Depreciation and amortization | 251,394 | 449,910 | ||||
| Stock Compensation | 50,567 | 148,788 | ||||
| Share insurance for services | 161,000 | 972,925 | ||||
| Loss on write-off of assets | — | 605,805 | ||||
| Shares issued to settle the loan | — | — | ||||
| Accrued Interest Expense | (69,410 | ) | ||||
| Non-Cash Adjustment – ATO Interest | (183,141 | ) | ||||
| Changes in operating accounts: | ||||||
| Accounts receivable, net | 4,061 | 720,032 | ||||
| Inventory, at cost | (1,666 | ) | (126,908 | ) | ||
| Prepaid expenses | 242,376 | (369,846 | ) | |||
| Right-of-use liabilities | (61,198 | ) | (120,932 | ) | ||
| Deposits | (1,934 | ) | 2,735 | |||
| Deferred tax assets | (47,717 | ) | (419,837 | ) | ||
| Accounts payable and accrued expenses | (183,654 | ) | (677,438 | ) | ||
| Deferred Revenue | — | (161,038 | ) | |||
| Accrued employee benefits, non-current | (3,933 | ) | (28,161 | ) | ||
| CASH PROVIDED BY OPERATING ACTIVITIES | (1,104,303 | ) | (1,575,298 | ) | ||
| INVESTING | ||||||
| Purchase of equipment | (1,574 | ) | (6,385 | ) | ||
| Purchase of intangibles | — | — | ||||
| Net activity on due from related parties | — | (54,638 | ) | |||
| CASH PROVIDED BY INVESTING ACTIVITIES | (1,574 | ) | (61,023 | ) | ||
| FINANCING | ||||||
| Issuance of ordinary share, net of issuance costs | — | 3,319,221 | ||||
| Receipts / (payments) on notes payable | 623,341 | (1,178,132 | ) | |||
| CASH PROVIDED BY FINANCING ACTIVITIES | 623,341 | 2,141,089 | ||||
| Fx | 50,985 | 101,035 | ||||
| TOTALS | (431,551 | ) | 605,804 |