9/13/2021

speaker
Conference Call Operator
Operator

Good morning, everyone. Welcome to Flow Beverage Corps Third Quarter 2021 Financial Results Conference Call. As a reminder, this conference call is being recorded on September 13th, 2021. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question and answer session. Instructions will be provided at the time for research analysts to queue up for questions. I will now turn the call over to Devin Pennell, Chief Financial Officer. Please go ahead, Devin.

speaker
Devin Pennell
Chief Financial Officer

Thank you, Operator. Good morning, everyone, and thank you for joining us today. Flow's third quarter 2021 financial results were released this morning. The press release, financial statements, and MD&A are available on CDAR, as well as the company's website, investors.flowhydration.com. Before we begin, I'll refer you to slide two of our presentation, which contains our caution regarding forward-looking statements. I'm joined on the call today by Nicholas Richenbach, Flo's founder and executive chairman, and Maurizio Patandalo, chief executive officer. I will now pass the call over to Nicholas.

speaker
Nicholas Richenbach
Founder and Executive Chairman

Thank you, Devin, and welcome everyone to Flo's first quarterly conference call as a public company. When Flow was founded in 2014, it was to change the way that we consumed water. We knew that there was a better way for consumers and the environment. We have stayed true to our mission by protecting the source of our water, employing innovative plant-based packaging by partnering with Tetra Pak, developing carbon neutrality operations and ensuring sustainability across our supply chain. we have become a global leader in sustainability. Our recent B Corp certification and score of 126.5 ranks us in the top five percentile of all B Corp certified companies around the world. We are very proud of this accomplishment and believe the integrity of our products and integration with our customers. customer base is growing and they love flow with over 18 million plus customers in North America having tried flow there are more and more people making flow a part of their normal course of the grocery run and signing up to our innovative subscription based online delivery service at our website not only are to the naturally occurring minerals and electrolytes in our water that provides functional benefits to our consumers. Our consumers believe that our water tastes great and have established an emotional connection with our customers. Our net promoter score is 82, which is proof that our customers love our products and services. Now, seven years later, Flo's branded water can be found in over 20,000 retail locations across North America. Both our premium alkaline spring water and award-winning flavors, together with our collagen-infused water available in six flavors, we have two springs with abundant supply of naturally alkaline mineral water, two bottling plants with eight tetraline manufacturing lines, 44 distributors and over 200 employees and we continue to be the fastest growing water brand in our category. With all the progress we've made, it's time for the next generation of flow. As we transition from a privately run company to a public company, we have enhanced our systems, processes and the experience of the management team to take it to the next level. I always said that I would be there to take flow all the way, and this is still true. And now, with Maurizio having been the former executive chair and CEO of the world's largest water company, Matt Lee's Water, has come on as our new chief executive officer to take flow all the way. Maurizio has the industry knowledge and deep experience in developing and distributing of premium enhanced water brands across the world. Today, Maurizio is going to share with you all the focus strategy he has refined in order to maintain our elevated growth levels while being disciplined with our investments. Before I pass the call over to Mauricio, I have to say the outlook of Flow has never been better. We have a strong brand, the demand for premium and functional beverages are rising steady, and our consumers are demanding environmental stewardship more and more. Flow's well-established infrastructure, with the capacity to fulfill the revenues for the year to come, has positioned the company for success. With that, I will now pass it over to Maurizio.

Disclaimer

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