HTO Q1 2023 Earnings — H2O America Revenue & Financial Results | Market Cap Arena

HTOH2O America

$2B

Q1 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$137M+10.5% YoY

Gross Profit

$84M61.3% margin

Operating Income

$25M18.3% margin

Net Income

$12M8.4% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-19.9%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

-$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.5B

Stockholders' Equity

$1.2B

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$137M	$124M	+10.5%
Gross Profit	$84M	$71M	+18.2%
Operating Income	$25M	$17M	+51.8%
Net Income	$12M	$4M	+208.5%