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ALKAME HOLDINGS INC - ALKM STOCK NEWS

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Alkame Holdings, Inc. (OTC PINK: ALKM) is a publicly traded diversified holding company deeply involved in multiple business sectors. The company specializes in proprietary water technology, food and beverage manufacturing, co-packing, and CBD/Hemp food and beverage manufacturing. Its wholly owned subsidiaries include West Coast Co Packer Inc. and Bell Food and Beverage, Inc., which integrate seamlessly to provide high-quality liquid and single-serve products.

In 2022, Alkame Holdings Inc. reported impressive financial growth with revenues reaching $780,000, a 19% increase from the previous year. The company realized a net profit of $820,000, significantly aided by a one-time gain of $1,430,000 from the extinguishment of debt and derivative liabilities. The revenues were primarily driven by co-packing fees amounting to $658,000 and an additional $122,000 from their Maury Island and Quinn's brands.

Alkame has shown remarkable financial flexibility by wiping out $300,000 in line of credit through a sale and leaseback of equipment at their Salem facility. This strategic move provided Alkame with the capital it needed to further expand its operations. For 2023, the company projects co-packing revenues to surpass $900,000 and revenues from Maury Island and Quinn's brands to exceed $350,000.

Recently, Alkame's subsidiary, West Coast Co Packer Inc., announced its 7th consecutive year of farm-to-jar blueberry packing for export to Japan. This project is in collaboration with Pacific Flavors, Intl., and underscores Alkame's commitment to maintaining high standards and meeting international demands.

The company is actively building a robust foundation through the acquisition and launch of business assets in emerging sectors like consumer bottled water, RTD products, and household pet products. Alkame Holdings continues to utilize its enhanced water technology across various platforms, aiming to provide innovative solutions to both new and existing markets.

For more information, visit www.alkameholdingsinc.com.

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Alkame Holdings, Inc. (OTC PINK:ALKM) has commenced its annual blueberry production, ensuring that the product moves from the farm to retail-ready jars within 24 hours. This marks the 5th year of the collaboration with Pacific Flavor Inc., which is set to produce hundreds of thousands of jars for export to Japan. CEO Robert Eakle expressed enthusiasm regarding this ongoing partnership. Alkame's subsidiary, West Coast Co Packer, Inc., will complement its existing operations, focusing on innovative, eco-friendly products across various sectors, including bottled water and RTD products.

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Alkame Holdings, Inc. (OTC PINK: ALKM) has confirmed the delivery of over 1,500 gallons of proprietary hand sanitizer gel concentrate by its subsidiary, Bell Food and Beverage, Inc. This move comes amid a growing demand for sanitizers as the market is projected to exceed $17 billion by 2026. Alkame's CEO, Robert Eakle, noted that the new delivery enables more efficient production. The need for premium sanitizers is highlighted by concerns over the spreading delta COVID-19 variant, driving ongoing demand for health and wellness products.

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Alkame Holdings (OTC PINK: ALKM) announces the delivery of over 1,500 gallons of proprietary hand sanitizer gel concentrate amid rising U.S. COVID-19 cases, particularly the delta variant. CEO Robert Eakle states that this delivery will enable Bell Food and Beverage to produce a premium hand sanitizer more efficiently and cost-effectively than before. Alkame focuses on innovative health and wellness technology and is expanding its product range, including hand sanitizers, water-based solutions, and consumer products.

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Alkame Holdings, Inc. (OTC PINK:ALKM) announced the delivery of over 1,500 gallons of custom hand sanitizer gel concentrate through its subsidiary, Bell Food and Beverage, Inc. This comes amid rising COVID-19 cases driven by the delta variant, highlighting the ongoing demand for effective sanitizing solutions. CEO Robert Eakle noted that this delivery enables more efficient and cost-effective production. Alkame focuses on innovative health and wellness products while expanding its business across various sectors, including bottled water and hand sanitizers.

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On June 22, 2021, Alkame Holdings, Inc. (USOTC: ALKM) confirmed the shipment of its first truckload of premium hand sanitizer to Aladyn Protection Services LLC as part of a $1 million agreement. CEO Robert Eakle expressed enthusiasm for this ongoing initiative, originally aimed at aiding the State of Oregon. Alkame is focused on developing eco-friendly and innovative consumer products through its subsidiaries, which manufacture enhanced water products for various applications, including consumer wellness and household needs.

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Alkame Holdings, Inc. (OTC PINK:ALKM) announces its first purchase order for a truckload of its premium hand sanitizer, starting shipments to Aladyn Protection Services LLC. CEO Robert Eakle notes that this initiative continues their support for Oregon.

Alkame specializes in health and wellness technology, focusing on innovative, eco-friendly products. They are expanding into various sectors, including bottled water, pet products, and hand sanitizers, aiming for a strong market foundation.

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Alkame Holdings, Inc. (OTC Pink: ALKM) has announced progress on a $1 million Personal Protection Equipment (PPE) contract with Aladyn Protection Systems, LLC. The company is actively fulfilling this order while also expanding its co-packing operations, highlighting a significant backlog in new product development. Alkame focuses on diverse sectors, including health and wellness, technology, and manufacturing, leveraging enhanced water technology supported by clinical studies. For more details, visit their website.

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Alkame Holdings, Inc. (OTC PINK: ALKM) reported a product development backlog and confirmed an investment from Puration, Inc. (OTC Pink: PURA). ALKM is developing numerous new products, including CBD-infused beverages, with several expected releases this summer. PURA's investment will support ALKM in formulating these products without impacting long-term debt or equity. The company is also collaborating with West Coast Co Packer, Inc. to enhance its beverage offerings. ALKM's diverse product lines target the health and wellness sector with innovative solutions.

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FAQ

What is the market cap of ALKAME HOLDINGS (ALKM)?

The market cap of ALKAME HOLDINGS (ALKM) is approximately 8.6K.

What does Alkame Holdings Inc. do?

Alkame Holdings Inc. is a diversified holding company specializing in proprietary water technology, food and beverage manufacturing, co-packing, and CBD/Hemp food and beverage manufacturing.

How did Alkame Holdings perform financially in 2022?

In 2022, Alkame Holdings reported revenues of $780,000, a 19% increase from 2021, and a net profit of $820,000 due to a one-time gain from debt extinguishment.

What are Alkame Holdings' revenue projections for 2023?

Alkame projects co-packing revenues to exceed $900,000 and revenues from Maury Island and Quinn's brands to surpass $350,000 in 2023.

What recent project has Alkame's subsidiary undertaken?

West Coast Co Packer Inc., a subsidiary of Alkame, has announced its 7th consecutive year of packing farm-to-jar blueberries for export to Japan.

How did Alkame increase its financial flexibility in 2022?

Alkame wiped out $300,000 in line of credit by executing a sale and leaseback of its equipment in the Salem facility.

What sectors does Alkame Holdings focus on?

The company focuses on consumer bottled water, RTD products, household pet products, and various water-based treatment solutions.

What brands does Alkame Holdings own?

Alkame Holdings owns and develops consumer brands like Maury Island and Quinn's.

Where can I find more information about Alkame Holdings?

You can visit their website at www.alkameholdingsinc.com for more detailed information.

What is the significance of Alkame’s water technology?

Alkame’s proprietary water technology has unique properties that are utilized across various products and industries, enhancing their quality and effectiveness.

Who is the CEO of Alkame Holdings?

Robert Eakle is the CEO of Alkame Holdings Inc.

ALKAME HOLDINGS INC

OTC:ALKM

ALKM Rankings

ALKM Stock Data

8.65k
8.65B
Beverages - Non-Alcoholic
Consumer Defensive
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United States of America
Las Vegas