MSEX Q1 2021 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$979M

Q1 2021 Earnings

Utilities Regulated Water

Income Statement

Revenue

$33M+2.4% YoY

Gross Profit

$14M43.6% margin

Operating Income

$6M17.3% margin

Net Income

$7M21.2% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$13M

Stock-Based Comp.

$203,000

Balance Sheet

Total Assets

$986M

Total Liabilities

$635M

Stockholders' Equity

$351M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$32M	+2.4%
Gross Profit	$14M	$15M	-2.7%
Operating Income	$6M	$7M	-13.7%
Net Income	$7M	$8M	-9.9%

Revenue Segments

Regulated

$29M90%

Non - Regulated

$3M10%