secwatch.observer — SEC 8-K summary
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Issuer:     Global Water Resources, Inc. (GWRS)
CIK:        0001434728
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001434728-22-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Water Resources Q4 net income $0.3M vs loss; revenue $10.3M (+5.7%); connections up 10.2%
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- Q4 2021 revenue $10.3M (+5.7%); net income $0.3M ($0.02 EPS) vs net loss of $0.3M (-$0.01) in Q4 2020.
- Full year 2021 revenue $41.9M (+8.5%); net income $3.6M ($0.16 EPS) vs $1.1M ($0.05) in 2020.
- Active connections 53,882 (+10.2%); acquired Las Quintas Serenas (1,100+ connections) in Q4; two tuck-in acquisitions closed in Jan 2022.
- Dividend raised to $0.29496 annualized; declared $0.02458 monthly dividend. Adjusted EBITDA Q4 $4.7M (+30.9%); FY $18.7M (+4.0%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434728/000143472822000074/0001434728-22-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434728/000143472822000074/gwrs-20220310.htm
  HTML page:      https://secwatch.observer/filing/0001434728-22-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer