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Alkaline Water (WTER)
OTHER OTC:WTER
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Alkaline Water (WTER) AI Stock Analysis

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WTER

Alkaline Water

(OTC:WTER)

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Underperform 39 (OpenAI - 5.2)
Rating:39Underperform
Price Target:
$0.04
Action:Reiterated
Date:07/31/26
The score is driven primarily by weak financial performance (persistent losses, negative free cash flow, and negative equity indicating high financing risk). Technicals add further pressure with the stock trading below all major moving averages, signaling a strong downtrend. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Established retail distribution and flagship brand
Owning a recognizable brand (Alkaline88) and primary distribution through retail and grocery is a durable CPG advantage: it supports repeat purchase, shelf visibility and broad market access. Over months this underpins revenue potential and distribution leverage if execution and category demand persist.
Negative Factors
Negative shareholders' equity
Persistent negative equity reflects cumulative losses and a weakened capital base, limiting financial flexibility. It increases dependency on external financing, may constrain supplier or retailer confidence, and raises the risk of solvency pressure if operating performance does not sustainably improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Established retail distribution and flagship brand
Owning a recognizable brand (Alkaline88) and primary distribution through retail and grocery is a durable CPG advantage: it supports repeat purchase, shelf visibility and broad market access. Over months this underpins revenue potential and distribution leverage if execution and category demand persist.
Read all positive factors

Alkaline Water (WTER) vs. SPDR S&P 500 ETF (SPY)

Alkaline Water Business Overview & Revenue Model

Company Description
The Alkaline Water Company Inc., headquartered in Scottsdale, Arizona, and founded in 2011, specializes in the production, nationwide distribution, and marketing of bottled alkaline water across the United States. Its primary offering is bottled a...
How the Company Makes Money
The company makes money primarily by selling packaged beverage products—most notably its Alkaline88-branded alkaline water—into wholesale and retail distribution channels. Revenue is generated when products are purchased by retailers and distribut...

Alkaline Water Financial Statement Overview

Summary
Financial statements indicate very weak fundamentals: revenue has been highly volatile, profitability remains consistently negative (operating and net losses), cash flow from operations and free cash flow are negative across all years provided, and shareholders’ equity is negative in multiple years—signaling elevated liquidity/financing risk despite some debt reduction.
Income Statement
18
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
14
Very Negative
BreakdownMar 2026Mar 2025Mar 2023Jun 2022Jun 2021
Income Statement
Total Revenue4.58M60.51K63.78M54.77M46.07M
Gross Profit2.15M34.91K11.65M9.39M16.45M
EBITDA-1.55M-747.48K-23.54M-37.86M-14.84M
Net Income-1.74M-837.03K-27.41M-39.58M-16.41M
Balance Sheet
Total Assets953.62K1.64M18.03M22.50M24.55M
Cash, Cash Equivalents and Short-Term Investments2.70K841.001.04M1.53M9.13M
Total Debt314.55K746.81K9.75M9.62M5.18M
Total Liabilities3.13M2.35M23.37M22.10M13.54M
Stockholders Equity-2.18M-704.95K-5.34M401.14K11.01M
Cash Flow
Free Cash Flow-265.88K-45.97K-11.87M-32.81M-14.87M
Operating Cash Flow-265.88K-45.97K-10.43M-31.82M-14.28M
Investing Cash Flow0.000.00-1.44M-992.01K-585.39K
Financing Cash Flow267.74K46.81K11.38M25.21M19.43M

Alkaline Water Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
* Consumer Defensive Sector Average
Performance Comparison
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 31, 2026