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Alkaline Water Company (WTER)

Alkaline Water Company (WTER)
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The Alkaline Water Company Inc. (Alkaline) is a premier bottler of alkaline drinking water, with an 8.8 pH balance. Alkaline employs a state-of-the-art Electrochemically Activated Water (ECA) system to create 8.8 pH drinking water without the use of any extraneous chemicals. The ECA process uses specialized electronic cells coated with a variety of rare earth minerals to produce scientifically engineered water. The Company further incorporate trace Himalayan minerals considered to be the finest in the world suited to a premier beverage. Alkaline88 contains 84 trace Himalayan minerals beneficial to the active consumer. The Company's stores include convenience stores, natural food products stores, ethnic markets, national retailers and regional grocery chains across the United States. Alkaline is currently in the midst of a national mass-market expansion program, where the product is available for consumer sales. The Company sells all of its products to its retailers through brokers and distributors.
(Values in U.S. Thousands) Mar, 2024 Mar, 2023 Mar, 2022 Mar, 2021 Mar, 2020
Sales 28,500 63,780 60,600 46,070 41,140
Sales Growth -55.32% +5.25% +31.54% +11.98% +27.76%
Net Income -12,640 -27,410 -39,580 -16,410 -14,830
Net Income Growth +53.89% +30.75% -141.19% -10.65% -72.04%
(Values in U.S. Thousands) Mar, 2024 Mar, 2023 Mar, 2022 Mar, 2021 Mar, 2020
Total Assets 18,030 22,500 24,550 15,610 18,480
Total Assets Growth -19.87% -8.35% +57.27% -15.53% +204.95%
Total Liabilities 23,370 22,100 13,540 13,980 7,130
Total Liabilities Growth +5.75% +63.22% -3.15% +96.07% +27.32%
(Values in U.S. Thousands) Mar, 2024 Mar, 2023 Mar, 2022 Mar, 2021 Mar, 2020
Operating Cash Flow -10,430 -31,820 -14,280 -13,640 -8,130
Operating Cash Flow Growth +67.22% -122.83% -4.69% -67.77% -209.13%
Net Cash Flow -490 -7,600 4,570 -6,470 10,040
Change in Net Cash Flow +93.55% -266.30% +170.63% -164.44% +2,474.36%
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