Consolidated Water Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	128.33	132.07	133.97	180.21	94.11	66.86
Revenue Growth (YoY)	0.27%	-1.41%	-25.66%	91.50%	40.74%	-7.94%
Operations and Maintenance Expenses	81.34	83.69	88.34	118.28	63.75	43.36
Gross Profit	46.99	48.38	45.62	61.93	30.36	23.51
Net Gains on Disposal of Operating Assets	0.01	0.1	0.2	-0.01	-0.01	-3.15
Other Operating Expenses	29.81	30.12	27.54	24.75	21.07	18.35
Operating Income	17.19	18.36	18.28	37.17	9.27	2.01
Interest Income	2.7	2.67	2.09	0.7	0.45	0.68
Interest Expense	-0.01	-0	-0.1	-0.15	-0.05	-0.01
Other Non-Operating Income (Expense)	0.38	0.36	0.4	0.28	0.06	0.95
Total Non-Operating Income (Expense)	3.08	3.02	2.39	0.83	0.46	1.62
Pretax Income	20.26	21.39	20.68	38	9.74	3.63
Provision for Income Taxes	2.16	2.16	2.22	6.75	0.4	-0.45
Net Income	17.32	18.34	28.24	29.59	5.86	0.88
Minority Interest in Earnings	0.58	0.59	0.58	0.57	1.11	0.63
Earnings From Discontinued Operations	-0.2	-0.29	10.36	-1.09	-2.37	-2.57
Net Income to Common	17.32	18.34	28.24	29.59	5.86	0.88
Net Income Growth	-34.76%	-35.06%	-4.56%	405.19%	568.85%	-76.41%
Shares Outstanding (Basic)	16	16	16	16	15	15
Shares Outstanding (Diluted)	16	16	16	16	15	15
Shares Change (YoY)	0.46%	0.45%	0.44%	3.01%	0.60%	0.57%
EPS (Basic)	1.09	1.15	1.78	1.88	0.38	0.06
EPS (Diluted)	1.07	1.14	1.77	1.86	0.38	0.06
EPS Growth	-35.54%	-35.59%	-4.84%	389.47%	533.33%	-75.00%
Shares Outstanding	16	15.95	15.85	15.74	15.32	15.24
Free Cash Flow	27.87	33.17	29.82	2.92	13.79	5.48
Free Cash Flow Growth	-15.99%	11.24%	920.19%	-78.80%	151.79%	-64.91%
Free Cash Flow Per Share	1.74	2.07	1.87	0.18	0.90	0.36
Dividends Per Share	0.560	0.530	0.410	0.360	0.340	0.340
Dividend Growth	5.66%	29.27%	13.89%	5.88%	-	-
Gross Margin	36.61%	36.63%	34.06%	34.36%	32.26%	35.16%
Operating Margin	13.39%	13.90%	13.65%	20.62%	9.85%	3.01%
Profit Margin	14.11%	14.55%	13.78%	17.34%	9.93%	6.11%
FCF Margin	21.72%	25.12%	22.26%	1.62%	14.65%	8.19%
EBITDA	24.15	25.26	24.98	43.74	15.46	8.94
EBITDA Margin	18.82%	19.13%	18.64%	24.27%	16.43%	13.37%
EBIT	17.19	18.36	18.28	37.17	9.27	2.01
EBIT Margin	13.39%	13.90%	13.65%	20.62%	9.85%	3.01%
Effective Tax Rate	10.65%	10.12%	10.73%	17.77%	4.07%	-12.33%

Updated May 11, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q