The Alkaline Water Company Inc. (WTER)

WTER Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2023	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Revenue	62.39	63.78	54.77	46.07	38.43	32.2
Revenue Growth (YoY)	9.50%	16.44%	18.89%	19.88%	19.35%	62.52%
Cost of Revenue	49.89	52.13	45.38	29.62	25.31	19.25
Gross Profit	12.5	11.65	9.39	16.45	13.12	12.95
Selling, General & Admin	30.65	33.68	48.39	32.28	27.5	20.43
Operating Expenses	30.65	33.68	48.39	32.28	27.5	21.01
Operating Income	-18.15	-22.03	-39	-15.83	-14.38	-8.06
Interest Expense	-2.19	-2.97	-0.92	-0.58	-0.45	-0.55
Other Non Operating Income (Expenses)	-	-	-	-	-	0
EBT Excluding Unusual Items	-20.35	-25	-39.91	-16.41	-14.83	-8.62
Other Unusual Items	-2.41	-2.41	0.33	-	-	-
Pretax Income	-22.75	-27.41	-39.58	-16.41	-14.83	-8.62
Net Income	-22.75	-27.41	-39.58	-16.41	-14.83	-8.62
Net Income to Common	-22.75	-27.41	-39.58	-16.41	-14.83	-8.62
Shares Outstanding (Basic)	10	9	7	5	3	2
Shares Outstanding (Diluted)	10	9	7	5	3	2
Shares Change (YoY)	37.72%	38.65%	42.62%	61.57%	34.71%	54.69%
EPS (Basic)	-2.33	-2.99	-5.99	-3.54	-5.17	-4.05
EPS (Diluted)	-2.33	-2.99	-5.99	-3.54	-5.17	-4.05
Free Cash Flow	-8.93	-11.87	-32.81	-14.87	-14.13	-9.48
Free Cash Flow Per Share	-0.91	-1.30	-4.96	-3.21	-4.93	-4.46
Gross Margin	20.03%	18.26%	17.15%	35.70%	34.15%	40.21%
Operating Margin	-29.10%	-34.54%	-71.20%	-34.37%	-37.41%	-25.04%
Profit Margin	-36.47%	-42.97%	-72.27%	-35.62%	-38.58%	-26.76%
Free Cash Flow Margin	-14.32%	-18.62%	-59.91%	-32.27%	-36.77%	-29.46%
EBITDA	-17.19	-21.13	-38.2	-14.84	-13.37	-7.48
EBITDA Margin	-27.55%	-33.13%	-69.74%	-32.20%	-34.78%	-23.24%
D&A For EBITDA	0.97	0.9	0.8	1	1.01	0.58
EBIT	-18.15	-22.03	-39	-15.83	-14.38	-8.06
EBIT Margin	-29.10%	-34.54%	-71.20%	-34.37%	-37.41%	-25.04%
Advertising Expenses	-	0.7	2.7	0.8	0.3	0.37

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.