Flow Beverage Stock Price, News & Analysis

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) announces a new partnership with the New York Road Runners (NYRR) to promote sustainability at major running events, starting with the NYC Half Marathon on March 20, 2022. Flow’s Alkaline Spring Water will be provided to all runners and included in gift bags. This initiative aims to replace traditional plastic bottles with recyclable cartons, enhancing environmental efforts. Flow, with a B-Corp certification score of 126.5, emphasizes its commitment to sustainable practices in the beverage industry.

Flow Beverage Corp. (OTCQX: FLWBF) will release its financial results for the quarter ending January 31, 2022 on March 15, 2022, before the market opens. A conference call will follow at 9:00 a.m. ET to discuss the results and future outlook. Known for its sustainably sourced alkaline spring water and B-Corp certification, Flow is expanding its health-conscious beverage line across North America. Investors can access details through the company’s website.

Flow Beverage Corp. (OTCQX: FLWBF) announced the successful amendment of $9,476,000 in unsecured debentures due on February 28, 2022. The company issued 8,536,936 Series C warrants with an exercise price of $1.11, expiring on February 28, 2025. This extension allows Flow to allocate financial resources towards brand growth and activation, enhancing product velocity and distribution. Flow is recognized for its environmentally sustainable bottled water solutions and operates across over 24,650 stores in North America.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) is set to announce its financial results for the three-month period ending January 31, 2022 on March 15, 2022, before market opening. The company's Executive Chairman, CEO, and CFO will host a conference call at 10:00 a.m. EST the same day to discuss the results and future business outlook. Flow, a fast-growing premium water company in North America, aims to reduce environmental impact with sustainably sourced products in recyclable packaging.

Flow Beverage Corp. (OTCQX:FLWBF) has obtained approvals to amend its unsecured debentures of $9,476,000 due on February 28, 2022. The amendments extend the maturity date to February 29, 2024 and increase the interest rate from 10% to 12% per annum. Additionally, Series C Warrants will be issued, providing 100% warrant coverage. The amendments are supported by over 75% of the debenture holders and will be formally communicated to them. Flow operates in North America, focusing on sustainably sourced alkaline spring water.

Flow Beverage Corp. (OTCQX:FLWBF) reported a significant financial performance in FY 2021 with a net revenue increase of 86% to $42.7 million, and a gross margin rise to 26%. In Q4 2021, net revenue rose 74% to $10.4 million. The company targets a 45%-55% growth in net revenues for FY 2022 while aiming to reduce EBITDA losses by 45%-50%. The brand's distribution expanded to over 24,600 locations, benefiting from favorable trends in premium water. The adjusted EBITDA loss was $27.0 million for FY 2021, slightly improving from the previous year.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) will report financial results for the period ending October 31, 2021 on January 31, 2022, before market opening. A conference call led by Executive Chairman Nicholas Reichenbach, CEO Maurizio Patarnello, and CFO Devan Pennell will follow at 10:00 a.m. EST to discuss results and future outlook. Flow is recognized as a rapidly growing premium water company in North America, dedicated to sustainability and wellness.

Flow Beverage Corp. (TSX:FLOW, OTCQX:FLWBF) will virtually participate in the 2022 ICR Conference from January 10-12, 2022. Founder Nicholas Reichenbach and CEO Maurizio Patarnello will present on January 11 at 9:00 AM ET. The live webcast is accessible here and will be available for 90 days on Flow's Investor Relations Website. Flow is a premium alkaline spring water company dedicated to sustainability and health-oriented products.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) has announced that all directors and senior officers have entered into voluntary Extended Lock-Up Agreements following two private placements that raised approximately $68.9 million. These agreements extend the lock-up period for their subordinate voting shares to June 26, 2022. As of now, insiders hold 989,317 subordinate voting shares and 4,214,558 multiple voting shares, which need conversion for trading. Flow, a premium alkaline spring water company, continues to focus on sustainability and innovation in health-oriented beverages.