The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States. It also provides flavored bottled alkaline water in various flavors, including raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint. The company offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of hemp-derived CBD topical and ingestible products under the A88CBD brand. It sells its products through brokers and distributors to retailers, such as convenience stores, natural food products stores, large ethnic markets, and national retailers, as well as e-commerce websites. The company was founded in 2012 and is based in Scottsdale, Arizona.
IPO Year:
Exchange: NASDAQ
Website: thealkalinewaterco.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/7/2021 | $1.25 → $0.90 | Hold → Sell | Canaccord Genuity |
SCOTTSDALE, Ariz., April 24, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced it has entered into an exclusive brokerage agreement with one of North America's largest and most respected sales and marketing agencies. The agreement went into effect this month, marking an important milestone in the Company's strategic growth initiative. Strategic Collaboration This agreement with a premier agency founded in 1927 will dramatically expand Alkaline88's retail presence across North America. With access to over 11,000 retail locations and a team o
SCOTTSDALE, Ariz., April 23, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the "Company"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced it has entered into an exclusive distribution agreement with a leading beverage distributor in Arizona. The first shipments under this new agreement began this week, marking an important milestone in the Company's strategic revitalization plan. Strategic Partnership This partnership with a major Arizona-based distributor will dramatically expand Alkaline88's retail presence across the state. With access to over 9,000 retail locatio
Company strengthens its manufacturing capabilities and looks to reduce production costs and improve margins SCOTTSDALE, Ariz., April 22, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER) a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the finalization of its previously announced equipment acquisition with FZA Note Buyers LLC, a Florida limited liability company, through its wholly owned acquisition entity Alkaline Water AZ LLC. The acquisition has been completed through the issuance of 34,000,000 shares of Restricted Stock subject to rule 144 and a 12-month lock-up period imposed by The Alkaline Wate
SCOTTSDALE, Ariz., Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the filing of its application for uplisting to the OTCQB market tier. "Filing our OTCQB application marks a transformative step in our capital markets strategy," said Ricky Wright, CEO of The Alkaline Water Company. "While this begins a thorough review process by OTC Markets of our application and supporting documentation, once approved, we can immediately take advantage of the SEC's modernized Rule 15c2-11 framework. This means enhanced market maker partici
GLENDALE, Ariz., Feb. 13, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the signing of a Letter of Intent (LOI) with FZA Note Buyers LLC, a Florida limited liability company, for a strategic equipment acquisition proposed to be fulfilled through the issuance of 34,000,000 shares of Common Stock (Restricted) subject to a 12-month lock-up period (the "Proposed Shares"). Under the terms of the proposed transaction, the Shares would be subject to a strict 12-month holding period, with no impact on the Company's current public float or
SCOTTSDALE, Ariz., Feb. 11, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced it has retained Austin, Texas-based SmallCapVoice.com Inc. ("SCV"). SmallCapVoice.com, Inc. is an investor relations and communications firm focused on emerging growth companies. The Company and SCV will be creating several different initiatives aimed at increasing corporate exposure to new investors, as well as current shareholders, customers and others. "We're thrilled with The Alkaline Water Company's significant progress in 2025," said Stuart Smith, CEO
SCOTTSDALE, Ariz., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced a strategic bulk purchase of over $1,500,000 USD of inventory with Prima Verde LLC to be fulfilled through the issuance of 94,300,000 shares of Common Stock (Restricted) subject to a 12-month lock-up period (the "Shares"). The Shares issued under this agreement will be subject to a strict 12-month holding period, with no impact on the Company's current public float or near-term trading dynamics. This structure allows the Company to preserve cash while securi
SCOTTSDALE, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the completion of its audited financial statements and related notes for the period ended December 31, 2024, by a PCAOB approved auditing firm. With the completion of this crucial audit milestone, the Company has fulfilled a key requirement for its planned OTCQB uplisting application. The Company intends to submit its comprehensive application package to OTC Markets, Inc. ("OTC Markets") in early February 2025, which will include the Form 15c2-11 filing as p
SCOTTSDALE,Ariz. , Jan. 30, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the "Company"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today names Ronald M. Miller and John F. Arminio as its independent directors to its Board of Directors that will be appointed as part of the OTCQB uplisting initiative. The Company will be finalizing its application with OTCQB with OTC Markets, Inc. ("OTC Markets") in early February. The announcement of the two directors represents a key step in the Company's efforts to uplist to the OTCQB as it moves forward with its business plans. The Company
SCOTTSDALE, Ariz., Jan. 28, 2025 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the "Company"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced it has upgraded its services with OTC Markets, Inc. ("OTC Markets") to provide Level 2 Quote Data to the public. This enhancement represents the first step in a series of strategic initiatives planned for the coming weeks. The Company has successfully implemented Level 2 quote services, providing shareholders with real-time, two-sided complete quotes and orderbook data through the Company's landing page with OTC Markets. This upgrad
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Canaccord Genuity downgraded Alkaline Water Co from Hold to Sell and set a new price target of $0.90 from $1.25 previously
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Company Reports Best Third Quarter Revenue Ever with $15.9 Million in Sales, +21% Year-Over-Year The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today announced its financial results for the third quarter ended December 31, 2022, its second full quarter on its Pathway to Profitability. The Company reported record third quarter revenue, significant year-over-year improvement in total operating expenses and operating loss, and continued sequential quarter-over-quarter improvement in its gross margin. Third Quarter Fiscal 2023 Financial Highlights (all amounts in U.S. dollars) (unaudited):
$19.6 Million in Revenue Represents Year-Over-Year Growth of 28.3% $5.7 Million Reduction in Operating Expenses, a 37% Year-over-Year Improvement Company Identifies an Estimated $5 million in Additional Cost-Savings and Margin Enhancements, Now Approximately $20 Million Total (All amounts are unaudited and in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today reported financial results for the quarter ending September 30, 2022. The Company reported record revenue of approximately $19.6 million, representing the best quarterly revenue in company history and 28.3% year-ov
The Company Has Identified Approximately $5 Million in Additional Savings, Compared to Fiscal 2022, Once Fully Implemented Through Fiscal Year 2024 (All amounts are in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, provided an update today on its Pathway to Profitability, announcing another $5 million in potential costs savings and margin enhancements. Total estimated savings, once fully implemented throughout fiscal years 2023 and 2024, are now approximately $20 million compared to fiscal year 2022. This morning, the Company also announced that it expects to report record
The Company Expects to Report Record Revenue of Approximately $19.6 Million Third-Party Data Shows Alkaline88's 52-Week Retail Sales Up Over 36% Year-over-Year (All amounts in U.S. dollars)(unaudited) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today announced it expects to report record revenue of approximately $19.6 million for the second quarter of fiscal year 2023, representing year-over-year growth of 28%. "The second quarter fiscal 2023 was The Alkaline Water Company's best sales quarter ever," said Frank Lazaran, President and CEO of The Alkaline Water Company. "Alkaline88® c
$16.9 Million Represents the Company's Best Sales Quarter Ever and Year-over-Year Growth of 20% Management Further Details Gross Margin Enhancement Strategy Total Operating Expenses Decreased by More Than 19% (All amounts are unaudited and in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today reported financial results for the quarter ending June 30, 2022. The Company reported record revenue of $16.9 million, representing the best quarterly revenue in company history and 20% year-over-year growth. The Company filed the corresponding Form 10-Q with the SEC on August 15,
Amidst Enacting New Cost-Saving Measures, the Company Recorded Year-Over-Year Sales Growth for the Month of July of Approximately 30% (All amounts are in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today announced it has finished its exhaustive company-wide review and has identified approximately $15 million in margin enhancements and expense reductions compared to last fiscal year. The Company projects up to $10 million in savings and margin improvement within fiscal year 2023. An additional $5 million of projected savings before the end of fiscal year 2024 will result
Record Revenue of $60.6 Million Represents Year-over-Year Growth of 32% The Company Issues Guidance of $70 Million for Fiscal Year 2023 Management Highlights Plan for Pathway to Profitability (All amounts are unaudited and in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today reported financial results for full fiscal year ending March 31, 2022. The Company reported revenue of $60.6 Million, the highest yearly revenue in company history, representing year-over-year growth of 32%. The Company filed the corresponding form 10-K with the SEC on July 14, 2022, also available
The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, announced today that President and CEO, Frank Lazaran, and Chief Financial Officer, David Guarino, will host a teleconference with investors and analysts to review its financial results for full fiscal year ended March 31, 2022. The call will be held Friday, July 15th, at 8:45 AM Eastern Time. The Company will issue a press release outlining their financial results today, July 14th, and will also post it on their website at ir.thealkalinewaterco.com. Conference Call Details: Date: July 15th, 2022 Time: 8:45 AM Eastern Time (ET) Dial-in Numb
Company Management Has Identified Significant Expense Reductions and Margin Enhancements To Enhance the Company's Bottom Line (All amounts are in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today announced it has identified an estimated $4.5-$5 million in annual expense reductions and margin enhancements, once fully implemented, as part of an ongoing plan to put the Company on a pathway to profitability. "We are committed to continue driving topline sales in fiscal year 2023 through new-store expansion and organic growth, despite economic headwinds," said Alkaline88 Pre
The Company Reiterates Full Fiscal 2022 Revenue Guidance of $62 Million (All amounts are unaudited and in U.S. dollars) The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, today announced revenue of $15.1 million for the fiscal third quarter ending December 31, 2021. This is the second-best quarter for revenue in company history and represents year-over-year quarterly growth of 57%. The Company filed the corresponding form 10-Q with the SEC on February 14, 2022. "With reported sales of $15.1 million, the year-over-year growth for this quarter was an exceptional 57%," stated Ricky Wright, Pre
SCOTTSDALE, Ariz., Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC:WTER, Company", )), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the filing of its application for uplisting to the OTCQB market tier. "Filing our OTCQB application marks a transformative step in our capital markets strategy," said Ricky Wright, CEO of The Alkaline Water Company. "While this begins a thorough review process by OTC Markets of our application and supporting documentation, once approved, we can immediately take advantage of the SEC's modernized Rule 15c2-11 framework. This means enhanced market maker partici
Mr. DaVella Brings Decades of Financial and Leadership Experience to Serve on The Board's Audit and Compensation Committees The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, is pleased to announce the appointment of Ronald "Ron" DaVella as an independent director to its Board of Directors, effective March 17, 2023. Mr. DaVella will serve on the compensation committee and serve as Chairman of the audit committee. Mr. DaVella is a seasoned financial expert and director, with extensive experience serving on various boards and offering financial advisory services to a wide range of industries.
Frank Lazaran Steps Down as CEO and President Due to Medical Concerns, Remains on Board of Directors Director of Sales and Operations, Frank Chessman, Appointed CEO and President The Alkaline Water Company Inc. (CSE:WTER), the largest independent alkaline water company in the country and the Clean BeverageTM company, announced that, due to unforeseen medical concerns, Frank Lazaran has stepped down from his positions as CEO and President of the company effective February 20, 2023. Frank Chessman, formerly the Company's Director of Sales and Operations, has been appointed as the new CEO and President. Frank Lazaran will continue to serve on the Board of Directors. "We wish Frank Lazaran a
Mr. Rauch Brings Decades of Experience as a Business and Franchise Attorney and Company Executive The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company and the Clean Beverage® company, is pleased to announce the appointment of attorney David Rauch to its board of directors, effective November 16, 2022. Mr. Rauch will serve on the Company's audit and compensation committees providing expertise drawn from his decades of practicing law as a business and franchise attorney and serving in executive roles. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221116006062/en/Davi
The Alkaline Water Company Inc. (CSE:WTER) (the "Company") today announced that Frank Lazaran, a current director of the Company and a 40-year veteran of the retail food industry, has been appointed as the Chief Executive Officer of the Company. Mr. Lazaran was most recently the Chairman, Chief Executive Officer and President of Marsh Supermarkets and, prior to Marsh served as the Chief Executive Officer, President and Director of Winn-Dixie Stores, which was a publicly traded company and one of the largest supermarket chains in the Southeast. Mr. Lazaran has a proven track for delivering operational excellence with extensive leadership experience in scaling organizations in the retail sec
Grocery Retail and CPG Industry Veteran Will Drive Shaquille O'Neal Marketing Collaboration The Alkaline Water Company Inc. (CSE:WTER) (the "Company"), the country's largest independent alkaline water company, is pleased to announce that Tom Hutchison has joined the Company as Chief Marketing Officer (CMO). Tom will be leading the Company in developing and implementing marketing strategies, including exciting new marketing campaigns and product collaborations with Shaquille O'Neal. Alkaline88® is pleased to welcome Tom to the leadership team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210730005050/en/Alkaline88's new 2-Liter
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