secwatch.observer — SEC 8-K summary
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Issuer:     Global Water Resources, Inc. (GWRS)
CIK:        0001434728
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001434728-23-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Water Resources Q4 net income up 138% to $824k; full-year revenue $44.7M up 8.6%
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- Net income Q4 $824k ($0.04 EPS) vs $346k ($0.02); full-year $5.5M ($0.24) up 53%.
- Revenue Q4 $11.1M (+7.7% YoY); full-year $44.7M (+8.6% excluding unregulated revenues).
- Active connections up 4.4% to 56,270; Feb 2023 acquisition of Farmers Water added 3,300 connections.
- Dividend raised to $0.29791 annualized; payable March 31, 2023; CAPEX $8.7M in 2022.
- Adjusted EBITDA full-year $22.1M (+18.3%); Q4 flat at $4.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434728/000143472823000090/0001434728-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434728/000143472823000090/gwrs-20230308.htm
  HTML page:      https://secwatch.observer/filing/0001434728-23-000090

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