The Alkaline Water Company Inc.
Income Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $63.8M | $54.8M | $46.1M | $38.4M | $32.2M | $19.8M | $12.8M | $7.1M |
| Cost of Revenue | $52.1M | $45.4M | $29.6M | $25.3M | $19.3M | $11.7M | $7.4M | $4.4M |
| Gross Profit | $11.6M | $9.4M | $16.4M | $13.1M | $12.9M | $8.1M | $5.4M | $2.7M |
| Gross Margin | 18.3% | 17.2% | 35.7% | 34.1% | 40.2% | 41.0% | 42.4% | 37.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $11.0M | $21.6M | $15.9M | $11.1M | $7.4M | $6.4M | $3.2M | $6.9M |
| Operating Income | $-22.0M | $-39.0M | $-15.8M | $-14.4M | $-8.1M | $-5.9M | $-2.5M | $-7.5M |
| Operating Margin | -34.5% | -71.2% | -34.4% | -37.4% | -25.0% | -29.9% | -19.9% | -105.5% |
| Interest Expense | $3.0M | $917.0K | $575.6K | $448.8K | $554.5K | $465.3K | $367.1K | $350.1K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-27.4M | $-39.6M | $-16.4M | $-14.8M | $-8.6M | $-6.7M | $-3.5M | $-8.3M |
| Net Margin | -43.0% | -72.3% | -35.6% | -38.6% | -26.8% | -33.8% | -27.1% | -116.8% |
| EPS (Basic) | $-2.99 | $-5.99 | $-0.24 | $-0.34 | $-0.27 | $-0.32 | $-0.22 | $-0.55 |
| EPS (Diluted) | $-2.99 | $-5.99 | $-0.24 | $-0.34 | $-0.27 | $-0.32 | $-0.22 | $-0.55 |
| Shares Outstanding (Basic) | 9.2M | 6.6M | 69.5M | 43.0M | 31.9M | 20.6M | 15.6M | 15.1M |
| Shares Outstanding (Diluted) | 9.2M | 6.6M | 69.5M | 43.0M | 31.9M | 20.6M | 15.6M | 15.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |