ALKALINE WATER Co INC income statement WTER

Annual Quarterly

In fiscal 2023, which ended Mar 31, 2023, ALKALINE WATER Co INC reported revenue of $63.8 million, up 16.4% from the year before. It recorded a net loss of $27.4 million. The operating loss came to $22.0 million, an operating margin of -34.5%. Diluted earnings per share were -$2.99. Across the 10 fiscal years shown, revenue grew from $552,699 in fiscal 2014 to $63.8 million in fiscal 2023, about 69.5% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019	FY 2018 Mar 31, 2018	FY 2017 Mar 31, 2017	FY 2016 Mar 31, 2016	FY 2015 Mar 31, 2015	FY 2014 Mar 31, 2014
Revenue	64 +16.4%	55 +18.9%	46 +19.9%	38 +19.3%	32 +62.5%	20 +55.2%	13 +80.1%	7 +91.6%	4 +569.5%	1
Cost of revenue	52 +14.9%	45 +53.2%	30 +17.1%	25 +31.4%	19 +64.7%	12 +59.0%	7 +65.8%	4 +75.0%	3 +514.9%	0
Gross profit	12 +24.0%	9 -42.9%	16 +25.3%	13 +1.4%	13 +59.3%	8 +50.1%	5 +103.8%	3 +127.4%	1 +729.3%	0
Selling, general and administrative	34 -30.4%	48 +49.9%	32 +17.4%	28 +34.6%	20 +49.8%	14 +79.6%	8 -22.6%	10 +24.1%	8 +83.2%	4
Operating expenses	34 -30.4%	48 +49.9%	32 +17.4%	28	—	—	—	—	—	—
Operating income	-22 +43.5%	-39 -146.3%	-16 -10.1%	-14 -78.3%	-8 -36.0%	-6 -133.6%	-3 +66.0%	-7	—	—
Net income	-27 +30.8%	-40 -141.2%	-16 -10.7%	-15 -72.1%	-9 -28.9%	-7 -93.6%	-3 +58.3%	-8 -16.0%	-7 -68.8%	-4
Basic EPS	-2.99 +50.1%	-5.99	—	—	—	—	—	—	—	—
Diluted EPS	-2.99 +50.1%	-5.99	—	—	—	—	—	—	—	—
Weighted average shares, basic	9 +38.6%	7 -90.5%	70 +61.6%	43 +34.7%	32 +54.7%	21 +32.8%	16 +312.2%	4 +68.9%	2 -97.2%	80
Weighted average shares, diluted	9	—	—	—	—	—	—	—	—	—
Other measures
Depreciation and amortization	1 +12.3%	1 -19.7%	1 -1.3%	1 +74.2%	1 +38.7%	0 +16.5%	0 +13.0%	0 +81.9%	0 +312.8%	0
EBITDA	-21 +44.7%	-38 -157.5%	-15 -11.0%	-13 -78.6%	-7 -35.8%	-6 -152.9%	-2 +69.6%	-7	—	—
Interest coverage	-7.42x	-42.53x	-27.51x	-32.04x	-14.54x	-12.74x	-6.92x	-21.36x	—	—
Margins
Gross margin	18.26%	17.15%	35.70%	34.15%	40.21%	41.01%	42.41%	37.47%	31.56%	25.48%
Operating margin	-34.54%	-71.20%	-34.37%	-37.41%	-25.04%	-29.93%	-19.89%	-105.48%	—	—
Profit margin	-42.97%	-72.27%	-35.62%	-38.58%	-26.76%	-33.75%	-27.07%	-116.83%	-192.93%	-765.25%
EBITDA margin	-33.13%	-69.74%	-32.20%	-34.78%	-23.24%	-27.82%	-17.08%	-100.99%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Wholesale-Groceries & Related Products (SIC 5140)
Listed as: WTER (OTC)
Fiscal year ends: March 31
Incorporated in: NV
Headquarters: Glendale, AZ
SEC filer status: , Emerging growth company
SEC CIK: 1532390
Former names: GLOBAL LINES INC (until May 28, 2013)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.