OTCPK:WTER - Post by User
Post by
theSwede99on May 31, 2020 2:07pm
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Post# 31093823
Profitability on the horizon?
Profitability on the horizon? The Alkaline Water Company Reports Record April Sales of $7.1 Million
- April sales grew approximately 171% year-over-year with demand for the flagship brand, Alkaline88®, at an all-time high.
SCOTTSDALE, Ariz., May 27, 2020 (GLOBE NEWSWIRE) -- The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the "Company"), is a producer of premium bottled alkaline water, flavored-infused waters, and CBD infused products sold under the brand names Alkaline88®, A88 Infused™, and A88CBD™, respectively. The Company today announces record April sales of $7.1 million driven by continued strong demand for flagship products across all trade channels.
Possibilty that the company could post a profit starting Q22021-Q32021? If this monthly record revenue becomes trend the company could also potentially attain $100m revenue for Y2021.