{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-018008","form_type":"8-K","ticker":"PCYO","cik":"0000276720","company_name":"PURE CYCLE CORP","filed_at":"2022-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.108215+00:00","generated_at":"2026-06-21T16:56:21.149124+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Pure Cycle reports FY2022 net income of $9.6M, down from $20.1M YoY; revenue up 34% to $23M","bullets":["Net income of $9.6M ($0.40 diluted EPS) vs $20.1M ($0.83) in fiscal 2021; revenue $23.0M (up 34% from $17.1M).","Record water deliveries of 404.9M gallons, up 57% YoY, driven by oil & gas and Sky Ranch growth.","Board authorized stock repurchase of up to 200,000 shares in open market; no shares repurchased yet.","Single-family rental: 3 homes rented, 11 under construction; fourth unit expected Q1 fiscal 2023.","All 229 lots delivered in Phase 2A of Sky Ranch; lot prices up ~40% vs Phase 1."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-018008","json":"https://secwatch.observer/filing/0001558370-22-018008.json","markdown":"https://secwatch.observer/filing/0001558370-22-018008.md","text":"https://secwatch.observer/filing/0001558370-22-018008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/276720/000155837022018008/0001558370-22-018008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/276720/000155837022018008/pcyo-20221114x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T16:56:21.149124+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"933d58010c715f8e794f01e24730f06555932bcf","claim":"PURE CYCLE CORP reported the year ended August 31, 2022 results: revenue $23.0 million, net income $9.6 million, EPS $0.40.","evidence_excerpt":"made at Sky Ranch, with the continued expansion of our water resource business and the successful launch of our home rental business.” ​ Fiscal 2022 Highlights ​ Ø Revenues of $23.0 million which drove p re-tax income of $12.7 million Ø EBITDA of $14.9 million o Reconciliation of net income to EBITDA is as follows: net income of $9.6M plus interest expense of $0.1M","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/276720/000155837022018008/0001558370-22-018008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended August 31, 2022"},{"label":"Revenue","value":"$23.0 million"},{"label":"Net income","value":"$9.6 million"},{"label":"EPS","value":"$0.40"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}