Welcome to our dedicated page for ALKAME HOLDINGS news (Ticker: ALKM), a resource for investors and traders seeking the latest updates and insights on ALKAME HOLDINGS stock.
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.
Alkame Holdings, Inc. (OTC PINK: ALKM) announced a dozen companies in product development and production testing, with more onboarding as COVID restrictions ease. New products expected this summer include Shmellins Caramel Sauce, EVERx CBD Sports Waters, and CBD Lemonades. A partnership with West Coast Copacker will introduce a high-quality tea line, including Original, Honey Lemon, and Black Currant flavors, starting production in July. Alkame focuses on innovative health products and aims to expand in the beverage sector and beyond.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced a strong pipeline of products with a dozen companies in development and testing phases as COVID restrictions ease. New items expected this summer include Shmellins Caramel Sauce, EVERx CBD Sports Waters, Simple CBD Lemonades, and Humble Harvest CBD Teas. Additionally, the West Coast Co Packer, Inc. is collaborating with Quencha Tea for a new tea line, launching three flavors. Alkame aims to enhance its product offerings in the health and wellness sector with innovative solutions.
Alkame Holdings, Inc. (OTC PINK: ALKM) announces a significant order from Pacific Flavors International for 270,000 units of Oregon Blueberries. This order is expected to generate substantial revenue and showcases Alkame's operational capabilities. Pacific Flavors handles about 50,000 pounds of blueberries daily, packing them at speeds of up to 108 jars per minute. CEO Robert K. Eakle emphasized the company's successful navigation through supply chain challenges during the pandemic, ensuring readiness for this year's blueberry harvest.
Alkame Holdings, Inc. (OTC PINK: ALKM) announced on June 10, 2021, that its subsidiary, Bell Food and Beverage, is committed to processing 270,000 units of Oregon Blueberries for Pacific Flavors International. This partnership underscores its operational capacity, with the ability to handle approximately 50,000 pounds of blueberries daily. The revenue potential from this order is significant, leveraging Pacific Flavors' distribution network across Asia. CEO Robert K. Eakle highlighted their resilience amidst supply chain challenges during the pandemic.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced a significant production commitment from its subsidiary, Bell Food and Beverage, Inc., for Pacific Flavors International Inc.. The order consists of 270,000 units of Oregon Blueberries, poised to generate substantial revenue. Pacific Flavors processes approximately 50,000 pounds of blueberries daily, showcasing the company’s production capabilities and resilience amidst supply chain challenges during the pandemic. This initiative reflects Alkame's broader strategy to enhance its presence in emerging markets, leveraging its subsidiaries for sustainable product offerings.
Alkame Holdings, Inc. (ALKM) has relaunched its website, www.cbdcopacker.com, emphasizing its commitment to the hemp and CBD beverage market. The new site reflects Alkame's evolution as a leader in the $30 billion industry, projected to grow to $90 billion by 2025. CEO Robert Eakle noted the company's standards of quality and compliance. Alkame's subsidiary, West Coast Co Packer, enhances its capabilities in liquid food and beverage manufacturing, positioning the company to capitalize on emerging market opportunities.
Alkame Holdings, Inc. (OTC PINK:ALKM) has successfully redeveloped and relaunched its website, www.cbdcopacker.com, showcasing its renewed position in the hemp and CBD infused food & beverage sector. With a focus on liquid-based products, the company has been a pioneer since entering the market in 2014. CEO Robert Eakle highlighted the website as a reflection of Alkame's commitment to quality and innovation in health & wellness products. The company also operates through its subsidiary, West Coast Co Packer, Inc., enhancing its manufacturing capabilities.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced significant developments regarding its subsidiary West Coast Co-Packer, Inc.'s new production facility in Salem, Oregon. The facility is nearing operational status, designed to enhance efficiency and increase production capacity significantly. Alkame projects the ability to produce approximately 10.36 million bottles annually with an expected gross revenue of $15.5 million. CEO Robert Eakle emphasized that this energy-efficient facility will lower costs for clients and support the commercialization of Alkame's product portfolio.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced the nearing operational status of its new production facility for its subsidiary, West Coast Co-Packer, Inc., located in Salem, Oregon. The facility features five loading docks and additional production capacity, allowing for expected revenues to reach approximately $15.5 million annually. This facility is designed to improve efficiency and reduce costs while doubling production capacity to approximately 10.36 million bottles per year. CEO Robert Eakle highlighted its importance for growth and operational efficiencies.
Alkame Holdings, Inc. (OTC PINK: ALKM) announced a partnership with Simple Beverages LLC to expand its beverage line. This collaboration will see the creation of three new CBD-infused drinks following the success of their initial product, Lemon-Aide, which contains 25mg of CBD. The new beverages will include a sweet tea, coconut lime lemonade, and a half and half iced tea and lemonade, all utilizing Alkame's proprietary advanced water treatment technology. This technology enhances hydration and bioavailability through oxygenated alkaline water.
FAQ
What is the market cap of ALKAME HOLDINGS (ALKM)?
What does Alkame Holdings Inc. do?
How did Alkame Holdings perform financially in 2022?
What are Alkame Holdings' revenue projections for 2023?
What recent project has Alkame's subsidiary undertaken?
How did Alkame increase its financial flexibility in 2022?
What sectors does Alkame Holdings focus on?
What brands does Alkame Holdings own?
Where can I find more information about Alkame Holdings?
What is the significance of Alkame’s water technology?
Who is the CEO of Alkame Holdings?
