Global Water Resources, Inc. (GWRS)

Global Water Resources Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	53.03	44.73	41.91	38.63	35.47
Revenue Growth (YoY)	18.56%	6.71%	8.51%	8.90%	-0.12%
Cost of Revenue	12.67	10.89	10.3	9.54	8.92
Gross Profit	40.36	33.84	31.62	29.09	26.56
Selling, General & Admin	16.64	16.13	15.15	12.72	11.24
Other Operating Expenses	11.44	9.89	9.49	9.03	8.35
Operating Expenses	28.07	26.02	24.64	21.75	19.6
Operating Income	12.29	7.82	6.98	7.34	6.96
Interest Expense / Income	4.88	4.76	5.2	5.38	5.39
Other Expense / Income	-3.45	-3.38	-2.98	0.08	-1.81
Pretax Income	10.85	6.44	4.76	1.88	3.39
Income Tax	2.87	0.93	1.15	0.77	1.16
Net Income	7.98	5.51	3.61	1.11	2.22
Net Income Growth	44.97%	52.56%	226.61%	-50.31%	-28.33%
Shares Outstanding (Basic)	24	23	23	23	22
Shares Outstanding (Diluted)	24	23	23	23	22
Shares Change	3.42%	1.87%	1.46%	4.84%	4.99%
EPS (Basic)	0.33	0.24	0.16	0.05	0.10
EPS (Diluted)	0.33	0.24	0.16	0.05	0.10
EPS Growth	37.50%	50.00%	220.00%	-50.00%	-33.33%
Free Cash Flow	3.08	-10.65	2.14	5.44	0.38
Free Cash Flow Per Share	0.13	-0.46	0.09	0.24	0.02
Dividend Per Share	0.298	0.295	0.292	0.289	0.311
Dividend Growth	1.02%	1.03%	1.04%	-7.07%	9.51%
Gross Margin	76.11%	75.66%	75.43%	75.30%	74.87%
Operating Margin	23.17%	17.48%	16.65%	18.99%	19.62%
Profit Margin	15.05%	12.31%	8.61%	2.86%	6.27%
Free Cash Flow Margin	5.81%	-23.81%	5.10%	14.07%	1.07%
Effective Tax Rate	26.46%	14.50%	24.16%	41.10%	34.32%
EBITDA	27.5	21.27	19.45	16.28	17.13
EBITDA Margin	51.85%	47.55%	46.40%	42.16%	48.28%
Depreciation & Amortization	11.76	10.07	9.49	9.03	8.35
EBIT	15.74	11.2	9.96	7.25	8.77
EBIT Margin	29.67%	25.04%	23.76%	18.78%	24.74%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).