Business
The Alkaline Water Company Retains Investment Research Firm, Institutional Analyst
The Alkaline Water Company Retains Investment Research Firm, Institutional Analyst.
About this update from Alkaline Water Company Inc. (the)
[{"type":"text","content":"\r\n\r\n \r\n \r\n The Alkaline Water Company Retains Investment Research Firm, Institutional Analyst \r\n \r\n \r\n\r\n\r\nThe Alkaline Water Company Retains Investment Research Firm, Institutional Analyst \r\n\r\n\r\n\r\n\r\n\r\nAlkaline Water Co. Announces That Beverage Stock Review Will Resume Coverage SCOTTSDALE, AZ / ACCESS Newswire / May 2, 2025 / The Alkaline Water Company Inc. (OTC Pink:WTER) (\"Alkaline\" or the \"Company\"), a leader in the premium beverage industry known for its flagship Alkaline88® brand, today announced it has retained Institutional Analyst, Inc. to provide research and progress reporting for the Company.\r\n The agreement follows the Company's recent addition to Institutional Analyst's prestigious 2025 Beverage Watch List and comes at a time of significant strategic development for The Alkaline Water Company, including the recent equipment acquisition and co-packing agreement with Sang Beverages, LLC.\r\n Strategic Investor Relations Partnership\r\n \"We are pleased to formalize our relationship with Institutional Analyst as we continue to execute on our growth strategy,\" stated Ricky Wright, CEO of The Alkaline Water Company. \"Having worked with Roland and his team in the past, we value their understanding of our business and their ability to effectively communicate our story to the investment community. This agreement represents another step in our commitment to enhance shareholder value and increase market awareness of our recent operational improvements and strategic initiatives.\"\r\n \"When we first discovered the Company in 2015, they had sales of $3.7 million and a market valuation of just $9 million, trading well below Wall Street's radar. In the following year they doubled sales to over $7 million, and nearly doubled sales again in the year after that. Between 2015 and 2023 they generated gross revenues of $276 million, making it one of the top selling alkaline waters in the world,\" stated Roland R. Perry, President of Institutional Analyst and editor of the Beverage Stock Review.\r\n \"To sell over $276 million at the wholesale level or nearly $440 million at the store level, with minimal advertising, proves to us that consumers absolutely loved it. That's a lot of water,\" he continued.\r\n \"More importantly in our opinion, is that if consumers loved it once,...