Announcement • Oct 08
Flow Water Inc. Appoints Paul Dowdall as President Flow Water Inc. announced that it has entered a new phase as a privately held company. Backed by stable fiscal sponsorship, Flow will continue to serve customers without interruption under its established brand while pursuing a clear path forward focused on reliability, sustainability and measured growth. The company also announced that Paul Dowdall has been appointed President. He previously served as chief financial officer. Announcement • Aug 09
Flow Beverage Corp. announced that it has received CAD 2 million in funding On August 8, 2025. Flow Beverage Corp. announced that it has closed the transaction. Announcement • Jul 29
Flow Beverage Corp. Announces Resignation of Joseph Mimran from the Board of Directors, Effective July 26, 2025 Flow Beverage Corp. announced the resignation of Joseph Mimran from the Company’s Board of Directors, effective July 26, 2025. Announcement • Jun 18
Flow Beverage Corp. Announces the Appointment of Paul Dowdall as Chief Financial Officer, Effective June 17, 2025 Flow Beverage Corp. announced the appointment of Paul Dowdall as the Company’s Chief Financial Officer, effective June 17, 2025. Mr. Dowdall is a Chartered Professional Accountant bringing nearly twenty-five years of progressive management experience, including nine years in Chief Financial Officer and Chief Operating Officer roles. His career reflects a strong and diverse skill set in accounting, financial management, corporate strategy, operational management and optimization, and technology implementation. Most recently, Mr. Dowdall has operated within the start-up world serving as Chief Operating Officer or Chief Financial Officer with his most recent engagements in the Canadian fintech space. Prior to this, Mr. Dowdall’s focus was in the North American consumer packaged goods sector, with a specific focus on beverages, as CFO of companies such as Ice River Springs, a prominent bottled water manufacturer, and Diamond Estates Wines and Spirits, a national wine producer and distributor. Earlier in his career, Mr. Dowdall gained valuable experience at organizations including Bell Canada, Blackberry, and Apple. Mr. Dowdall has successfully led the recapitalization and restructuring of several companies, demonstrating a strong capacity for financial stewardship in dynamic environments. He has also overseen the implementation of diverse operational areas, including regulatory compliance, supply chain logistics, customer support, and management information systems, while managing various functions such as sales, IT, legal, and human resources. Announcement • May 27
Flow Beverage Corp. announced that it expects to receive CAD 6 million in funding Flow Beverage Corp announced a private placement to issue 15% Secured Convertible Loan having an aggregate Principal amount of CAD 6,000,000 on May 26, 2025. The holders will have the right to convert all or any portion of the outstanding principal amount of the Convertible Loan into subordinate voting shares in the capital of the Company at a conversion price of CAD 0.065 per share. The maximum number of Shares issuable on conversion of the Convertible Loan is 114,115,385. The transaction will include participation from RI Flow LLC. Announcement • Mar 04
Flow Beverage Corp. to Report Q1, 2025 Results on Mar 17, 2025 Flow Beverage Corp. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 17, 2025 Announcement • Feb 28
Flow Beverage Corp., Annual General Meeting, Apr 28, 2025 Flow Beverage Corp., Annual General Meeting, Apr 28, 2025. Announcement • Feb 01
Flow Beverage Corp. Auditor Raises 'Going Concern' Doubt Flow Beverage Corp. filed its Annual on Jan 30, 2025 for the period ending Oct 31, 2024. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Announcement • Jan 30
Flow Beverage Corp. Provides Earnings Guidance for Fiscal Year 2025 Flow Beverage Corp. provided earnings guidance for fiscal year 2025. The Company expects to earn net revenue between $72 million and $82 million. The material assumptions underlying the 2025 Financial Targets include but are not limited to: Flow brand growth, both for existing SKUs in Tetra format and through the Company’s launch of sparkling water in aluminum format; scaling of the Company’s co-pack operation with a full year of running four production lines and installation and commissioning of two additional production lines beginning in the second half of Fiscal Year 2025; higher capacity utilization and gaining production efficiencies at the Aurora production facility; gross margin reflective of profitable channels for Flow brand net revenue, accretive co-pack contracts and improved production performance; and Flow’s ability to implement its growth strategy with continued discipline in operating expenses. Announcement • Jan 23
Flow Beverage Corp. to Report Q4, 2024 Results on Jan 29, 2025 Flow Beverage Corp. announced that they will report Q4, 2024 results After-Market on Jan 29, 2025 Announcement • Jan 01
Flow Beverage Corp. announced that it expects to receive CAD 6.99992 million in funding Flow Beverage Corp. announced a non brokered private placement offering to issue 700 unsecured convertible debenture units at an issue price of CAD 10,000 per unit for the gross proceeds of CAD 7,000,000 on December 31, 2024. Each Convertible Debenture Unit was comprised of one 12% unsecured convertible debenture the principal amount of CAD 10,000 convertible Debentures and 4,878 Subordinate Voting Share Purchase Warrants with each of which entitles the holder thereof to purchase one SVS at a price of CAD 0.41 per Warrant SVS for a period of three years. The Company issued 843,855 Warrants in the closing of the first tranche of the Private Placement. The Convertible Debentures will mature three years from their date of issue (the "Maturity Date") and bear interest ("Interest") at a rate of 12% per annum, accruing from their date of issue and compounding annually, and payable in cash on the Maturity Date. The principal amount of the Convertible Debentures will not be repaid in cash and will be repaid on the Maturity Date by the Company issuing a number of Conversion SVS equal to the sum of the aggregate outstanding principal amount of the Convertible Debentures divided by the Conversion Price. The Company has an option but not an obligation to repay the principal amount of the Convertible Debentures in cash. The Convertible Debentures, the Warrants, the Conversion SVS and the Warrant SVS are subject to a statutory hold period of four months and one day from the date of issuance of the Convertible Debenture Units ending on May 1, 2025. The Private Placement remains subject to final approval by the TSX Stock Exchange.
On same date, the company announced that it has issued 172.992 Convertible Debenture Units at a price of CAD 10,000 per Convertible Debenture Unit for gross proceeds of CAD 1,730,000 in first tranche. Each Convertible Debenture Unit was comprised of one 12% unsecured convertible debenture the principal amount of CAD 10,000 Unsecured Convertible Debentures due December 31, 2027and 4,878 Subordinate Voting Share Purchase Warrants with each of which entitles the holder thereof to purchase one SVS at a price of CAD 0.41 per Warrant SVS for a period of three years. Announcement • Nov 05
Flow Beverage Corp. Announces Board and Committee Changes Flow Beverage Corp. announced the appointment of Joseph Mimran to its Board of Directors. Mr. Mimran has also been appointed to the Board of Directors’ Audit Committee and Governance, Human Resources & Compensation Committee. The company also announced the resignation of Joe Jackman from the company’s Board of Directors. Mr. Mimran currently serves as President and Creative Director at Joseph Mimran & Associates Inc. He is the Co-Founder and Chairman of Gibraltar & Company, a Toronto based private investment company. Mr. Mimran is a leading contributor to the fashion and design industry and is best-known for creating or co-creating a succession of visionary brands and retail concepts, including Joe Fresh, Club Monaco, Tilley Sport, Caban, Joe Fresh Beauty, Rise Little Earthling, and Alfred Sung. He also served as Chairman of the Fashion Design Council of Canada for a number of years. He starred on the popular CBC show, Dragons Den, from 2015 to 2018. In 2015, Mr. Mimran was inducted into Canada's Marketing Legends Hall of Fame. A patron of the arts, Mr. Mimran’s philanthropic activities include support of the Art Gallery of Ontario, the Montreal Museum of Fine Arts, New Museum, New York and is a Luminaire for Luminato Arts Festival. Announcement • Nov 01
Flow Beverage Corp. announced that it has received $2 million in funding from Future Proof Brands LLC On October 31, 2024. the company has closed the transaction. Maturity date is October 25, 2029. Announcement • Sep 03
Flow Beverage Corp. to Report Q3, 2024 Results on Sep 16, 2024 Flow Beverage Corp. announced that they will report Q3, 2024 results After-Market on Sep 16, 2024 Announcement • Aug 01
Flow Beverage Corp. announced that it expects to receive $2 million in funding from Future Proof Brands LLC Flow Beverage Corp. announced it has entered into a binding subscription agreement with new investor, Future Proof Brands LLC to issue secured convertible notes for a gross proceeds of $2,000,000 on August 1, 2024. The Note would bear interest at the rate of 10% per annum from the Closing Date, payable quarterly in arrears on the last day of each of fiscal quarter of Flow, and be convertible, at BeatBox’s option and at any time after the Closing Date, into subordinate voting shares of Flow at a conversion price of $1. Issuance of the Note remains subject to approval by the Toronto Stock Exchange. The transaction is expected to close on October 31, 2024. Announcement • Jun 05
Flow Beverage Corp. to Report Q2, 2024 Results on Jun 14, 2024 Flow Beverage Corp. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jun 14, 2024 Announcement • Mar 15
Flow Beverage Corp. Launches Evolved Brand Identity with New Sustainable Packaging and Brand Platform Flow Beverage Corp. announced that its refreshed, newly designed and most advanced sustainable packaging, set to debut later this summer in 2024 across North America alongside a new brand platform. This revitalization marks a pivotal moment for the brand, accentuating its premium appeal both on the shelves and in the hearts and minds of consumers. The rollout will commence with the introduction of the updated packaging for Flow Original, followed by the release of Flavored Water later in the year, solidifying Flow's dedication to driving growth and sustainability across established and emerging channels. The redesigned packaging aims to elevate Flow's presence within the premium water category, boasting a refined and sophisticated design system. Emphasizing clear communication of its unique selling points, bolstered brand recognition, and a fresh emphasis on mineral rich properties as a key product differentiator, the new packaging is poised to captivate consumers' attention and reinforce Flow's commitment to excellence. In addition to the new packaging, Flow is introducing their new brand platform. The ethos of this platform is grounded in Flow's aspiration to empower consumers to embrace their best selves every day, which will serve to enrich the Flow brand and its strategic positioning through a multifaceted approach. The platform will be designed as a way to further connect with Flow's community and target consumers through above-the-line communications, tailored retail initiatives, influencer and creator collaborations, consumer events, and more. Consumers will have further insight into the latest brand updates, exclusive offers and incentives. Flow's packaging redesign and new brand platform will further expedite Flow's path to profitability through even stronger velocities and ability to invest in new, high growth channels. This is a pivotal moment for the Flow brand as one of the leading premium water brands in North America. Announcement • Mar 08
Flow Beverage Corp. to Report Q1, 2024 Results on Mar 18, 2024 Flow Beverage Corp. announced that they will report Q1, 2024 results Pre-Market on Mar 18, 2024 Announcement • Feb 23
Flow Beverage Corp., Annual General Meeting, Apr 29, 2024 Flow Beverage Corp., Annual General Meeting, Apr 29, 2024. Announcement • Jan 18
Flow Beverage Corp. to Report Q4, 2023 Results on Jan 29, 2024 Flow Beverage Corp. announced that they will report Q4, 2023 results Pre-Market on Jan 29, 2024 Announcement • Nov 14
Flow Beverage Corp. Appoints Trent MacDonald as Executive Vice-President of Operations Flow Beverage Corp. announced that Trent MacDonald has been appointed Executive Vice-President of Operations, in addition to his current role of Chief Financial Officer. Announcement • Sep 06
Flow Beverage Corp. to Report Q3, 2023 Results on Sep 14, 2023 Flow Beverage Corp. announced that they will report Q3, 2023 results Pre-Market on Sep 14, 2023 Announcement • Jul 01
Flow Beverage Corp. Announces Executive Changes, Effective July 7, 2023 Flow Beverage Corp. announced that Timothy Dwyer, Chief Revenue Officer, will be departing the Company effective July 7, 2023. Timothy joined Flow in October 2019 and successfully led the brand’s North American sales efforts across retail, food service and distributor channels. In 2023, Flow’s sales strategy evolved into a channel focus program in the U.S. Timothy has played a key role in this change and it is an ideal time for him to transition out of the organization. Announcement • Jun 02
Flow Beverage Corp. to Report Q2, 2023 Results on Jun 14, 2023 Flow Beverage Corp. announced that they will report Q2, 2023 results After-Market on Jun 14, 2023 Announcement • Jan 21
Flow Beverage Corp. to Report Q4, 2022 Results on Jan 30, 2023 Flow Beverage Corp. announced that they will report Q4, 2022 results at 9:30 AM, US Eastern Standard Time on Jan 30, 2023 Announcement • Jan 20
Flow Beverage Corp. Launches Vitamin-Infused Water in Canada Flow Beverage Corp. announced that it has launched Flow Vitamin-Infused Water in Canada. To date, 22 retailers representing over 800 locations have authorized listing or taken delivery of Flow Vitamin-Infused Water, in addition to eight national distributors. Flow believes that its Vitamin-Infused Water is a healthier alternative to similar products in the functional water category. Flow Vitamin-Infused Water contains 120% of the daily recommended daily value of Vitamin C and is an excellent source of zinc. It has zero sugar, calories or preservatives, and is made with organic certified ingredients. Announcement • Jan 10
Flow Beverage Corp. Commences Internal Restructuring and Accelerates New Store Additions Flow Beverage Corp. announced that it has commenced an internal restructuring, which will further optimize the Company's operations toward achieving profitable growth of the Flow brand. The internal restructuring and the previously announced sale of the Verona production facility are expected to result in a reduction of 80 positions. Flow expects these initiatives to result in annualized cash savings of approximately $17 million once fully implemented. Additionally, the Company believes it can maintain a high growth trajectory for net revenue from the Flow brand while also achieving predictable cost of goods sold, improved gross margins, lower overhead costs and a stronger balance sheet. As of December 31, 2022, Flow brand products are now in over 46,000 locations across North America, an increase of over 10,000 stores since July 2022. These new locations were added primarily through recent distribution wins in the U.S. food, drug and mass channel. In addition, expansion in the food service channel is expected to accelerate through partners like Foodbuy in the U.S. and Starbucks in Canada, while the Company also has a number of commitments from large retail partners to launch Flow vitamin-infused water in the near term in both the U.S. and Canada. Announcement • Jun 02
Flow Beverage Corp. Announces CEO Change Flow Beverage Corp. announced that Maurizio Patarnello has decided to step down from the position of Chief Executive Officer for personal reasons, effective June 1, 2022. Nicholas Reichenbach, Flow’s Founder and Executive Chairman, will succeed Mr. Patarnello as Chief Executive Officer. With over 30 years dedicated to growing successful food and beverage brands around the world, including Flow, Maurizio Patarnello has decided to step down as Flow’s Chief Executive Officer to be closer to his family and loved ones in Europe. To ensure continuity in the Company’s strategy, Mr. Patarnello will assume the role of Strategic Advisor to Flow Beverage’s Board of Directors, continuing to assist the Company in existing and with future strategic projects. The Board has appointed Nicholas Reichenbach as Chief Executive Officer to lead the Company under the existing strategic framework. Mr. Reichenbach founded Flow in 2014, guiding its formative development into a Certified B-Corp focused on sustainability, health and wellness. Now available in over 30,500 retail outlets across the United States and Canada, Flow is one of the fastest growing premium water brands in North America, to date having replaced over 150 million single serve plastic water containers with sustainable Tetra Pak® packaging. Announcement • Jun 01
Flow Beverage Corp. to Report Q2, 2022 Results on Jun 14, 2022 Flow Beverage Corp. announced that they will report Q2, 2022 results Pre-Market on Jun 14, 2022 Announcement • Feb 19
Flow Beverage Corp., Annual General Meeting, Apr 28, 2022 Flow Beverage Corp., Annual General Meeting, Apr 28, 2022. Announcement • Feb 01
Flow Beverage Corp. Provides Revenue Guidance for Fiscal Year 2022 Flow Beverage Corp. provides revenue guidance for fiscal year 2022. The company is increasing net revenue target for Flow branded product growth to 45% - 55%.