Alkaline Water Co Q1 Sales $15.00M Down From $16.89M YoY
Alkaline Water Co Q1 Sales $15.00M Down From $16.89M YoY
First Quarter of Fiscal 2024 Financial Performance (all amounts in U.S. dollars):
2024財年第一季度財務業績(所有金額均以美元表示)：
- Revenue: Down 8% Year-over-Year (YoY) to $15 MM.
- Gross Profit Margin: Improved by 733 basis points YoY to 25%.
- Total Operating Expenses (OpEx): Decreased by over $3 million YoY.
- Net Cash Used in Operating Activities: Improved 84% YoY, from ($2.5MM) to ($408K).
- 收入：同比下降8%，至1500萬美元。
- 毛利率：同比增長733個基點至25%。
- 總運營費用(OpEx)：同比減少了300多萬美元。
- 經營活動中使用的現金淨額：同比增長84%，從250萬美元提高到4.08億美元。
"During the first quarter of our fiscal year 2024, we continued to show strong improvement in our operating results as we execute our previously detailed pathway to profitability," stated Frank Chessman, President and CEO of The Alkaline Water Company. "This achievement, highlighted by our 733 basis point improvement in gross profit margin, reflects the strength of the Alkaline88 brand, the hard work of our team, and the loyalty of our customers. I am also pleased to report that the Company is now current with all of its filing requirements with the SEC, and certain internal improvements have been implemented to ensure timely filings going forward," concluded Mr. Chessman.
鹼性水務公司首席執行官兼首席執行官弗蘭克·切斯曼表示：“在我們2024財年的第一季度，我們的經營業績繼續顯示出強勁的改善，因為我們正在執行我們之前詳細介紹的盈利途徑。”切斯曼先生總結道：“這一成就，特別是毛利率提高了733個基點，反映了鹼性88品牌的實力、我們團隊的辛勤工作以及我們客戶的忠誠度。我還很高興地報告，公司現在符合向美國證券交易委員會提交檔案的所有要求，並且已經實施了某些內部改進，以確保未來及時提交檔案。”