Consolidated Water 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	132.07	133.97	180.21	94.1	66.86
Revenue Growth (YoY)	-1.41%	-25.66%	91.50%	40.74%	-7.94%
Operations and Maintenance Expenses	83.69	88.34	118.28	63.75	43.36
Gross Profit	48.38	45.62	61.93	30.36	23.51
Net Gains on Disposal of Operating Assets	0.1	0.2	-0.01	-0.01	-3.15
Other Operating Expenses	30.12	27.54	24.75	21.07	18.35
Operating Income	18.36	18.28	37.17	9.27	2.01
Interest Income	2.9	2.36	0.87	0.55	0.76
Interest Expense	-0	-0.1	-0.15	-0.05	-0.01
Other Non-Operating Income (Expense)	0.13	0.13	0.11	-0.04	0.87
Total Non-Operating Income (Expense)	3.02	2.39	0.83	0.46	1.62
Pretax Income	21.39	20.68	38	9.74	3.63
Provision for Income Taxes	2.16	2.22	6.75	0.4	-0.45
Net Income	18.34	28.24	29.59	5.86	0.88
Minority Interest in Earnings	0.59	0.58	0.57	1.11	0.63
Earnings From Discontinued Operations	-0.29	10.36	-1.09	-2.37	-2.57
Net Income to Common	18.34	28.24	29.59	5.86	0.88
Net Income Growth	-35.06%	-4.56%	405.19%	568.85%	-76.41%
Shares Outstanding (Basic)	16	16	16	15	15
Shares Outstanding (Diluted)	16	16	16	15	15
Shares Change (YoY)	0.45%	0.44%	3.01%	0.60%	0.57%
EPS (Basic)	1.15	1.78	1.88	0.38	0.06
EPS (Diluted)	1.14	1.77	1.86	0.38	0.06
EPS Growth	-35.59%	-4.84%	389.17%	533.73%	-75.39%
Free Cash Flow	33.17	29.82	2.92	13.79	5.48
Free Cash Flow Growth	11.24%	920.19%	-78.80%	151.79%	-64.91%
Free Cash Flow Per Share	2.07	1.87	0.18	0.90	0.36
Dividends Per Share	0.530	0.410	0.360	0.340	0.340
Dividend Growth	29.27%	13.89%	5.88%	-	-
Gross Margin	36.63%	34.06%	34.36%	32.26%	35.16%
Operating Margin	13.90%	13.65%	20.62%	9.85%	3.01%
Profit Margin	14.55%	13.78%	17.34%	9.93%	6.11%
FCF Margin	25.12%	22.26%	1.62%	14.65%	8.19%
EBITDA	25.26	24.98	43.74	15.46	8.94
EBITDA Margin	19.13%	18.64%	24.27%	16.43%	13.37%
EBIT	18.36	18.28	37.17	9.27	2.01
EBIT Margin	13.90%	13.65%	20.62%	9.85%	3.01%
Effective Tax Rate	10.12%	10.73%	17.77%	4.07%	-12.33%

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

SEC Filings: 10-K · 10-Q