CWTCalifornia Water Service Group

$3B

Q1 2021 Earnings

Utilities Regulated Water

Income Statement

Revenue

$148M+17.7% YoY

Gross Profit

$72M48.9% margin

Operating Income

$3M2.0% margin

Net Income

-$3M-2.1% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-21.9%

Cash Flow

Operating Cash Flow

$30M

Free Cash Flow

-$37M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.5B

Stockholders' Equity

$930M

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$126M	+17.7%
Gross Profit	$72M	$51M	+43.1%
Operating Income	$3M	-$7M	+142.2%
Net Income	-$3M	-$20M	+85.1%

Revenue Segments

Regulated Water and WasteWater Services

$147M48%

Residential

$101M33%

Business

$28M9%

Public Authorities

$6M2%

Industrial

$6M2%

Non-Regulated Services

$6M2%

Service, Other

$5M2%

Operating And Maintenance

$4M1%

Other Non-Regulated Service

$860,0000%

CWT Q1 2021 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena