secwatch.observer — SEC 8-K summary
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Issuer:     PURE CYCLE CORP (PCYO)
CIK:        0000276720
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001558370-21-015737
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pure Cycle reports $20.1M net income for fiscal 2021; lot sales and tap fees drive revenue
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- Revenue of $17.1M; gross profit $10.7M; net income $20.1M.
- 505 lots sold since 2018; 657 total lots sold through Aug 31, 2021.
- Tap fees of $5.2M from 163 water/wastewater taps at Sky Ranch.
- Oil and gas revenue $2.8M; industrial water 60% of 258M gallons delivered.
- Working capital $26.3M including $20.1M cash; launched single-family rental business with three homes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/276720/000155837021015737/0001558370-21-015737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/276720/000155837021015737/pcyo-20211109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-015737

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