The Alkaline Water Company Inc. (WTER)

NASDAQ: WTER · IEX Real-Time Price · USD
0.144
-0.001 (-0.55%)
Mar 24, 2023, 4:00 PM EDT - Market closed
-0.55%
Market Cap 21.28M
Revenue (ttm) 68.46M
Net Income (ttm) -30.92M
Shares Out 148.01M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,590,981
Open 0.143
Previous Close 0.145
Day's Range 0.140 - 0.150
52-Week Range 0.140 - 1.020
Beta 1.83
Analysts Buy
Price Target 1.53 (+963.98%)
Earnings Date Feb 28, 2023

About WTER

The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States. The company also offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of hemp-derived CBD bottled water under the Alkaline88CBD brand; and sports drinks under the Alkaline88 Sports Drinks brand. The company sells its products through brokers and distributors to retailers, such as convenience stores, natural food products stores, large ethnic markets, and national retailers, as... [Read more]

Founded 2012
Employees 45
Stock Exchange NASDAQ
Ticker Symbol WTER
Full Company Profile

Financial Performance

In 2022, WTER's revenue was $60.60 million, an increase of 31.53% compared to the previous year's $46.07 million. Losses were -$39.58 million, 141.2% more than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for WTER stock is "Buy." The 12-month stock price forecast is $1.53, which is an increase of 963.98% from the latest price.

Price Target
$1.53
(963.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alkaline88® Achieves Nationwide Distribution in Whole Foods Market

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Alkaline88® is now available in all 11 divisions of Whole Foods Market, over 500 stores across the United States.

1 day ago - Business Wire

The Alkaline Water Company Appoints Ronald DaVella to its Board of Directors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, is...

3 days ago - Business Wire

The Alkaline Water Company Reports Record Third Quarter Revenue, Significant Expense Reduction, Gross Margin Expansion, and Bottom Line Improvement

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, to...

3 weeks ago - Business Wire

The Alkaline Water Company Announces Change in Officers

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER), the largest independent alkaline water company in the country and the Clean BeverageTM company, announced th...

1 month ago - Business Wire

Alkaline88® Expands Reach of its 1-Gallon in Major New England and New York Supermarket Chain

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, an...

1 month ago - Business Wire

Alkaline88® Adds Two Products in Sprouts Farmers Market

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, ...

2 months ago - Business Wire

3 Under-$3 Consumer Staple Stocks Wall Street Analysts Recommend Buying

Yield10 Bioscience (YTEN), The Alkaline Water Company (WTER) and Benson Hill (BHIL) are low-priced and well-ranked consumer staple companies, which look well-placed for 2023 on the back of their robus...

Other symbols: BHILYTEN
3 months ago - Zacks Investment Research

The Alkaline Water Company Adds Two New Direct-Store-Delivery Partners

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, ...

3 months ago - Business Wire

The Alkaline Water Company Appoints David Rauch to its Board of Directors

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, ...

4 months ago - Business Wire

Alkaline Water Company Inc. (WTER) Reports Q2 Loss, Tops Revenue Estimates

Alkaline Water Company Inc. (WTER) delivered earnings and revenue surprises of -20% and 6.97%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the ...

4 months ago - Zacks Investment Research

The Alkaline Water Company Reports Record Revenue of $19.6 Million in Second Quarter Fiscal 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, ...

4 months ago - Business Wire

The Alkaline Water Company Now Projects $20 Million in Total Cost Savings and Margin Enhancements in its Pathway to Profitability

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, ...

4 months ago - Business Wire

The Alkaline Water Company Announces Preliminary Record Revenue Results for Second Quarter of Fiscal Year 2023

The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, today announced it expects to report r...

4 months ago - Business Wire

Alkaline88® Will Be Available in Approximately 1,400 Big Lots Stores

The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, announced today that it received purch...

5 months ago - Business Wire

The Alkaline Water Company Announces Alkaline88® Placement in Costco Business Centers

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline88® 1-Gallon 4 Pack will be available in select Costco Business Centers

6 months ago - Business Wire

The Alkaline Water Company Reports Record Revenue of $16.9 Million in First Quarter Fiscal Year 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company reports record revenue of $16.9 million for first quarter fiscal year 2023.

7 months ago - Business Wire

The Alkaline Water Company Completes Company-Wide Review and Identifies Approximately $15 Million in Cost Savings and Margin Enhancements

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company has completed its company-wide review and identified approximately $15 million in cost savings and margin enhancements.

8 months ago - Business Wire

The Alkaline Water Company Announces Preliminary Record Sales Results for First Quarter of Fiscal Year 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company anticipates its best sales quarter ever in Q1 of Fiscal Year 2023.

8 months ago - Business Wire

The Alkaline Water Company Has Identified an Estimated $7 Million in Total Annual Savings

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, to...

8 months ago - Business Wire

The Alkaline Water Company Reports Record Revenue of $60.6 Million for Full-Year Fiscal 2022

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, to...

9 months ago - Business Wire

The Alkaline Water Company Will Host Conference Call to Discuss Full Year Fiscal 2022 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country's largest independent alkaline water company and the Clean Beverage® company, an...

9 months ago - Business Wire

Alkaline Water's New CEO Lays Out Cost Cutting Plans

Alkaline Water Company Inc (NASDAQ: WTER) has laid out a plan to reduce an estimated $4.5 million - $5 million in annual expenses. The proposal is part of an ongoing plan to put the company on a pathw...

9 months ago - Benzinga

The Alkaline Water Company Announces Plan for Pathway to Profitability with an Estimated $4.5-$5 Million in Annual Savings

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company announces plan for pathway to profitability and has identified an estimated $4.5-$5 million in annual savings.

9 months ago - Business Wire

Alkaline88® 2-Liter Now Available in Rite Aid Stores

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline88(r) 2-Liter will now be available in over 2,300 Rite Aid stores.

9 months ago - Business Wire