ALKALINE WATER Co INC

Raising nowPublic

Retail & Consumer · Glendale, AZ

Raising nowRaising now

This company has an open fundraising round.

$0 raised

View the live round

Estimated pre-money ⓘ

$17.8M

As of Dec 2025 · from Reg A Offering (2025) · our estimate: offering price × shares outstanding, not a stated valuation

Total raised

$13,844,802

Crowd $0 · Private $13.8M · 17 rounds since 2013

Latest share price

$0.05

Reg A+ · Equity · Dec 2025 offering price

Financials

FY2011–FY2024 · from SEC filings · hover any figure for its source

$12.8M

−$3.5M

2017

$19.8M

−$6.7M

2018

$32.2M

−$8.6M

2019

$41.1M

−$14.8M

2020

$46.1M

−$16.4M

2021

$60.6M

−$39.6M

2022

$63.8M

−$27.4M

2023

$931K

−$324K

2024

RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 6 earlier years are in the table below.

Metric

FY2011 audited

FY2012 audited

FY2013 audited

FY2014 audited

FY2015 audited

FY2016 audited

FY2017 audited

FY2018 audited

FY2019 audited

FY2020 audited

FY2021 audited

FY2022 audited

FY2023 audited

FY2024 audited

Income statement

Revenue

—

$552,699

$3,700,476

$7,088,806

$12,763,630

$19,812,199

$32,199,528

$41,142,443

$46,069,121

$60,596,247

$63,777,289

$930,908

Cost of goods sold

—

$411,851

$2,532,436

$4,432,459

$7,350,394

$11,687,017

$19,252,768

$24,302,874

$29,622,361

$45,377,275

$52,131,162

$1,254,429

Gross margin

—

25%

32%

37%

42%

41%

40%

41%

36%

25%

18%

-35%

Net income

—

-$42,626

—

-$4,229,513

-$7,139,449

-$8,281,584

-$3,454,600

-$6,687,280

-$8,617,565

-$14,826,821

-$16,409,520

-$39,584,360

-$27,405,193

-$323,521

Balance sheet

Cash

$4,588

$1,462

$64,607

$2,665

$90,113

$1,192,119

$604,805

$988,905

$11,032,451

$4,561,682

$9,130,956

$1,531,062

$1,038,754

$17,896

Accounts receivable

—

$15,110

$166,404

$416,373

$911,390

$1,419,281

$2,599,095

$3,068,181

$4,917,081

$8,458,176

$7,927,065

$6,520,232

$840,931

Total assets

$4,588

$5,462

$140,373

$568,308

$1,917,241

$3,775,557

$4,270,469

$6,056,126

$18,482,608

$15,605,796

$24,550,609

$22,500,577

$18,030,103

$1,257,731

Short-term debt

$604

$20,604

$150,000

$283,120

—

$3,192,313

—

Long-term debt

—

$1,641,402

Total liabilities

$604

$20,604

$150,000

$836,323

$1,647,101

$2,248,676

$3,437,443

$5,595,885

$7,125,695

$13,983,663

$13,536,623

$22,099,439

$23,366,831

$2,295,891

Other

Headcount

—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in

$17.8M

est. pre-money

Reg A+ · Equity · Dec 2025

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Dec 5, 2025

Class	Outstanding	Votes / share	Share of total	Last price
Common Stock	355,803,390	1	100.0%	$0.05Dec 2025

Shares outstanding over timein today's share terms

356M178M0

Jun 2013Nov 2025

Common StockRound openedSplit / conversion

Changes in named holdersshares in today's terms · % of all shares at the time

Brian Sudano33K (0.06%) Aug 2020 → 104K (0.12%) Jul 2021 → 225K (0.18%) Jul 2022 → 49K (0.47%) Aug 2023
Richard A. Wright92K (4.55%) Jun 2014 → 200K (7.15%) Jul 2015 → 10M (65.6%) Jul 2016 → 1.5M (4.82%) Jun 2018 → 3.8M (6.42%) Aug 2020 → 4.3M (4.76%) Jul 2021 → 4.9M (4.01%) Jul 2022 → 327K (3.14%) Aug 2023
Frank Lazaran63K (0.07%) Jul 2021 → 353K (0.29%) Jul 2022 → 126K (1.22%) Aug 2023
David A. Guarino1.0M (3.21%) Jun 2018 → 2.0M (3.33%) Aug 2020 → 2.3M (2.52%) Jul 2021 → 2.8M (2.26%) Jul 2022 → 209K (2.01%) Aug 2023
Aaron Keay25K (0.14%) Jul 2017 → 300K (0.96%) Jun 2018 → 75K (0.18%) Jul 2019 → 125K (0.21%) Aug 2020 → 63K (0.07%) Jul 2021 → 3.6M (2.95%) Jul 2022
Bruce Leitch75K (0.18%) Jul 2019 → 125K (0.21%) Aug 2020
Steven P. Nickolas200K (7.15%) Jul 2015 → 1.5M (9.84%) Jul 2016 → 300K (0.96%) Jun 2018

Principal holders% as the filing states it, Dec 5, 2025

President/CFO1,000,000 Preferred100.0%of company
Lloyd Preston30,000,000 Common8.17%of
Lloyd Preston, Jr.30,000,000 Common8.17%of
M3 Capital Services LLC30,000,000 Common8.17%of
Richard Joseph Taraska30,000,000 Common8.17%of
Prima Verde LLC30,000,000 Common8.17%of
AECRODLLC20,000,000 Common5.45%of
John Arminio Director Croton Falls5%of company

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg A+ · Equity · Dec 2025Open

Raised $0 / $10MEst. pre-money $17.8M

Rule 506(b) · Equity · Jan 2023Closed

Raised $40KInvestors 1

Rule 506(b) · Equity · Nov 2022Closed

Raised $720KInvestors 2

Rule 506(b) · Equity · Sep 2021Closed

Raised $148.6KInvestors 1

Rule 506(b) · Jul 2021Closed

Raised $1.9MInvestors 8

Rule 506(b) · Equity · May 2021Closed

Raised $6.9MInvestors 1

Rule 506(b) · Equity · Aug 2020Closed

Raised $155KInvestors 1

Rule 506(b) · Equity · Jul 2020Closed

Raised $131.6KInvestors 1

Rule 506(b) · Equity · Apr 2020Closed

Raised $500KInvestors 1

Rule 506(b) · Equity · May 2018Closed

Raised $680KInvestors 4

Rule 506(b) · Equity · Jun 2016Closed

Raised $685KInvestors 5

Rule 506(b) · Equity · May 2015Closed

Raised $250KInvestors 1

Rule 506(b) · Equity · May 2015Closed

Raised $690.8KInvestors 13

Rule 506(b) · Equity · Aug 2014Closed

Raised $360KInvestors 1

Rule 506(b) · Equity · Jul 2014Closed

Raised $40.3KInvestors 1

Rule 506(b) · Equity · Nov 2013Closed

Raised $500KInvestors 9

Reg D · Equity · Aug 2013Closed

Raised $100KInvestors 1

Team

2 people

Richard Wright

Chief Executive Officer

David Guarino

Chief Financial Officer

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

SEC filings

View all 69 filings on EDGAR

Form QUALIFDec 9, 20259999999994-25-000220
EDGAR
Form 1-A/ADec 5, 20250001683168-25-008935
EDGAR
Form 1-ANov 20, 20250001683168-25-008582
EDGAR
Form 10-QSep 22, 20230001062993-23-018414
EDGAR
Form 10-KAug 17, 20230001062993-23-016652
EDGAR
Form 10-QFeb 28, 20230001062993-23-005132
EDGAR
Form DJan 18, 20230001085037-23-000010
EDGAR
Form DDec 1, 20220001085037-22-000089
EDGAR

Source: SEC EDGARCIK 0001532390NVShare price $0.05Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.