The Alkaline Water Company Inc. (WTER)

WTER Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	1.51	0.06	63.78	54.77	46.07	38.43
Revenue Growth (YoY)	-97.64%	-99.91%	16.44%	18.89%	19.88%	19.35%
Cost of Revenue	0.72	0.03	52.13	45.38	29.62	25.31
Gross Profit	0.79	0.03	11.65	9.39	16.45	13.12
Selling, General & Admin	1.96	0.78	33.68	48.39	32.28	27.5
Operating Expenses	1.96	0.78	33.68	48.39	32.28	27.5
Operating Income	-1.17	-0.75	-22.03	-39	-15.83	-14.38
Interest Expense	-0.08	-0.09	-2.97	-0.92	-0.58	-0.45
EBT Excluding Unusual Items	-1.25	-0.84	-25	-39.91	-16.41	-14.83
Other Unusual Items	-	-	-2.41	0.33	-	-
Pretax Income	-1.25	-0.84	-27.41	-39.58	-16.41	-14.83
Net Income	-1.25	-0.84	-27.41	-39.58	-16.41	-14.83
Net Income to Common	-1.25	-0.84	-27.41	-39.58	-16.41	-14.83
Shares Outstanding (Basic)	36	18	1	1	0	0
Shares Outstanding (Diluted)	36	18	1	1	0	0
Shares Change (YoY)	3783.37%	1865.71%	38.65%	42.62%	61.57%	34.71%
EPS (Basic)	-0.04	-0.05	-29.91	-59.90	-35.41	-51.70
EPS (Diluted)	-0.04	-0.05	-29.91	-59.90	-35.41	-51.70
Free Cash Flow	-	-0.05	-11.87	-32.81	-14.87	-14.13
Free Cash Flow Per Share	-	-0.00	-12.96	-49.65	-32.08	-49.28
Gross Margin	52.12%	57.69%	18.26%	17.15%	35.70%	34.15%
Operating Margin	-77.68%	-1235.30%	-34.54%	-71.20%	-34.37%	-37.41%
Profit Margin	-83.13%	-1383.30%	-42.97%	-72.27%	-35.62%	-38.58%
Free Cash Flow Margin	-	-75.97%	-18.62%	-59.91%	-32.27%	-36.77%
EBITDA	-	-	-21.13	-38.2	-14.84	-13.37
EBITDA Margin	-	-	-33.13%	-69.74%	-32.20%	-34.78%
D&A For EBITDA	-	-	0.9	0.8	1	1.01
EBIT	-1.17	-0.75	-22.03	-39	-15.83	-14.38
EBIT Margin	-77.68%	-	-34.54%	-71.20%	-34.37%	-37.41%
Advertising Expenses	-	-	0.7	2.7	0.8	0.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.