GWRS Q1 2023 Earnings — Global Water Resources, Inc. Revenue & Financial Results | Market Cap Arena

GWRSGlobal Water Resources, Inc.

$225M

Q1 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$13M+30.9% YoY

Gross Profit

$10M78.8% margin

Operating Income

$4M28.8% margin

Net Income

$2M18.8% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+18.3%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$56,000

Stock-Based Comp.

$286,000

Balance Sheet

Total Assets

$343M

Total Liabilities

$298M

Stockholders' Equity

$45M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$10M	+30.9%
Gross Profit	$10M	$7M	+38.1%
Operating Income	$4M	$1M	+177.1%
Net Income	$2M	$889,000	+177.4%

Revenue Segments

Water Services

$5M100%