secwatch.observer — SEC 8-K summary
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Issuer:     ALKALINE WATER Co INC (WTER)
CIK:        0001532390
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001062993-22-017991
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alkaline Water Company reports record Q1 revenue $16.9M (+20% YoY); operating expenses down 19%
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- Record revenue of $16.9M, +20% YoY from $14.1M; net loss per share ($0.06) improved from ($0.08).
- Gross profit $3.5M; total operating expenses $9.8M, down 19% YoY; operating loss $6.3M (~14% improvement).
- Cash position approximately $3M as of June 30, 2022.
- Launched Pathway to Profitability targeting ~$15M annual savings via packaging, production, pricing, and shipping changes.
- Added over 8,400 new stores; launched 1-gallon 4-pack at 590 Sam's Clubs; new DSD partnership with Heidelberg.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532390/000106299322017991/0001062993-22-017991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532390/000106299322017991/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-22-017991

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