Global Water Resources, Inc. (GWRS)

Global Water Resources Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	51.81	53.03	44.73	41.91	38.63	35.47
Revenue Growth (YoY)	0.10%	18.56%	6.71%	8.51%	8.90%	-0.12%
Operations & Maintenance	13.33	12.67	10.89	10.3	7.14	6.72
Selling, General & Admin	17.02	16.64	16.13	15.15	12.72	11.24
Depreciation & Amortization	11.76	11.44	9.89	9.49	9.03	8.35
Other Operating Expenses	-	-	-	-	2.4	2.2
Total Operating Expenses	42.1	40.74	36.91	34.94	31.29	28.51
Operating Income	9.71	12.29	7.82	6.98	7.34	6.96
Interest Expense	-5.75	-4.88	-4.76	-5.2	-5.38	-5.39
Interest Income	0.79	0.05	0.07	0.02	0.09	0.2
Net Interest Expense	-4.97	-4.83	-4.69	-5.18	-5.28	-5.19
Allowance for Borrowed Funds for Construction	0.89	0.98	0.72	-	-	-
Other Non-Operating Income (Expenses)	3.16	2.42	2.59	1.46	0.33	0.61
EBT Excluding Unusual Items	8.79	10.85	6.44	3.26	2.38	2.39
Gain (Loss) on Sale of Assets	-	-	-	1.5	-0.5	1
Pretax Income	8.79	10.85	6.44	4.76	1.88	3.39
Income Tax Expense	2.3	2.87	0.93	1.15	0.77	1.16
Net Income	6.49	7.98	5.51	3.61	1.11	2.22
Net Income to Common	6.49	7.98	5.51	3.61	1.11	2.22
Net Income Growth	-15.32%	44.97%	52.56%	226.61%	-50.31%	-28.33%
Shares Outstanding (Basic)	24	24	23	23	23	22
Shares Outstanding (Diluted)	24	24	23	23	23	22
Shares Change (YoY)	0.58%	3.42%	1.87%	1.46%	4.84%	4.99%
EPS (Basic)	0.27	0.33	0.24	0.16	0.05	0.10
EPS (Diluted)	0.27	0.33	0.24	0.16	0.05	0.10
EPS Growth	-15.86%	38.89%	48.92%	225.15%	-50.93%	-33.33%
Free Cash Flow	-4.38	3.08	-10.65	2.14	5.44	0.38
Free Cash Flow Per Share	-0.18	0.13	-0.46	0.09	0.24	0.02
Dividend Per Share	0.303	0.301	0.300	0.290	0.290	0.290
Dividend Growth	-0.09%	0.32%	3.45%	0%	0%	3.57%
Profit Margin	12.52%	15.05%	12.31%	8.61%	2.86%	6.27%
Free Cash Flow Margin	-8.45%	5.81%	-23.81%	5.10%	14.07%	1.07%
EBITDA	21.47	23.72	17.71	16.47	16.37	15.31
EBITDA Margin	41.43%	44.74%	39.59%	39.29%	42.37%	43.17%
D&A For EBITDA	11.76	11.44	9.89	9.49	9.03	8.35
EBIT	9.71	12.29	7.82	6.98	7.34	6.96
EBIT Margin	18.74%	23.17%	17.48%	16.65%	18.99%	19.62%
Effective Tax Rate	26.14%	26.46%	14.50%	24.16%	41.10%	34.32%
Revenue as Reported	51.81	53.03	44.73	41.91	38.63	35.47

Source: S&P Capital IQ. Utility template. Financial Sources.