secwatch.observer — SEC 8-K summary
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Issuer:     PURE CYCLE CORP (PCYO)
CIK:        0000276720
Form:       8-K
Filed at:   2022-07-18T23:59:59+00:00
Accession:  0001558370-22-010767
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pure Cycle Q3 net income $0.8M, revenue $3.2M; Sky Ranch Phase 2A near 2/3 complete
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- Net income $0.8M (Q3), $4.0M (nine months); diluted EPS $0.03 and $0.17.
- Revenue $3.2M (Q3), $12.1M (nine months) from lot sales, water taps, and single-family rentals.
- Sold 40 water taps in Phase 2A; total tap fees at Sky Ranch $16.4M.
- Sky Ranch Phase 1 complete, Phase 2A nearly 67% complete; lot prices up ~40% vs Phase 1.
- Working capital $18.6M, cash $5.4M; EBITDA $1.6M (Q3), $6.7M (nine months).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/276720/000155837022010767/0001558370-22-010767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/276720/000155837022010767/pcyo-20220711x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-010767

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