MSEX Q4 2019 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q4 2019 Earnings

Utilities Regulated Water

Income Statement

Revenue

$33M-1.6% YoY

Gross Profit

$15M46.8% margin

Operating Income

$8M23.1% margin

Net Income

$8M24.7% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-13.3%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$15M

Stock-Based Comp.

$228,000

Balance Sheet

Total Assets

$910M

Total Liabilities

$584M

Stockholders' Equity

$326M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$33M	-1.6%
Gross Profit	$15M	$14M	+5.9%
Operating Income	$8M	$7M	+5.7%
Net Income	$8M	$7M	+15.4%

Revenue Segments

Regulated

$30M90%

Non - Regulated

$3M10%