GWRS Q2 2023 Earnings — Global Water Resources, Inc. Revenue & Financial Results | Market Cap Arena

GWRSGlobal Water Resources, Inc.

$225M

Q2 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$13M+11.0% YoY

Gross Profit

$10M75.5% margin

Operating Income

$3M23.2% margin

Net Income

$2M13.4% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$982,000

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$352M

Total Liabilities

$304M

Stockholders' Equity

$48M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$12M	+11.0%
Gross Profit	$10M	$9M	+12.0%
Operating Income	$3M	$2M	+22.3%
Net Income	$2M	$2M	-17.5%

Revenue Segments

Water Services

$7M100%