Artesian Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	112.94	107.95	98.86	98.9	90.86
Revenue Growth (YoY)	4.62%	9.20%	-0.04%	8.85%	3.08%
Operations and Maintenance Expenses	57.13	54.54	50.63	50.62	45.36
Gross Profit	55.82	53.41	48.23	48.28	45.5
Depreciation & Amortization Expenses	13.81	13.63	13.34	12.62	11.89
Taxes Other than Income Tax	6.4	6.32	6.1	5.87	5.59
Operating Income	27.78	26.15	22.45	23.91	22.29
Interest Income	2.38	1.64	2	1.33	0.82
Interest Expense	-8.69	-8.78	-9.16	-8.5	-7.59
Other Non-Operating Income (Expense)	1.35	1.38	1.41	1.27	1.3
Total Non-Operating Income (Expense)	-4.96	-5.76	-5.75	-5.91	-5.47
Pretax Income	22.82	20.39	16.7	18	16.83
Provision for Income Taxes	7.83	7.32	6.35	5.88	5.74
Net Income	22.82	20.39	16.7	18	16.83
Net Income to Common	22.82	20.39	16.7	18	16.83
Net Income Growth	11.91%	22.13%	-7.22%	6.96%	0.06%
Shares Outstanding (Basic)	10	10	10	9	9
Shares Outstanding (Diluted)	10	10	10	9	9
Shares Change (YoY)	0.15%	2.73%	5.71%	0.58%	0.61%
EPS (Basic)	2.21	1.98	1.67	1.90	1.79
EPS (Diluted)	2.21	1.98	1.67	1.90	1.79
EPS Growth	11.62%	18.56%	-12.11%	6.14%	-
Shares Outstanding	10.29	10.3	10.29	9.5	9.41
Free Cash Flow	-18.5	-9.12	-30.33	-24.22	-9.5
Free Cash Flow Per Share	-1.79	-0.89	-3.03	-2.55	-1.01
Dividends Per Share	-	1.182	1.140	1.090	1.050
Dividend Growth	-	3.69%	4.59%	3.81%	3.96%
Gross Margin	49.42%	49.48%	48.78%	48.81%	50.08%
Operating Margin	24.60%	24.22%	22.70%	24.17%	24.54%
Profit Margin	13.27%	12.12%	10.47%	12.26%	12.21%
FCF Margin	-16.38%	-8.45%	-30.68%	-24.49%	-10.46%
EBITDA	41.59	39.78	35.78	36.53	34.18
EBITDA Margin	36.82%	36.85%	36.19%	36.93%	37.62%
EBIT	27.78	26.15	22.45	23.91	22.29
EBIT Margin	24.60%	24.22%	22.70%	24.17%	24.54%
Effective Tax Rate	34.31%	35.87%	38.01%	32.66%	34.09%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q