Pure Cycle reports FY2024 net income $11.6M, up 147%; EPS $0.48 vs $0.19

PURE CYCLE CORP

Revenue grew 97% to $28.7M; lot sales revenue up 135% to $16.0M.
Water deliveries rose 89% to 1,818 acre-feet; 77% from oil and gas customers.
EBITDA of $18.2M, up 112%; working capital $28.5M with $22.1M cash.
Sky Ranch Phase 2C 27% complete; Phase 2D expected by end of calendar 2025.
Diluted EPS $0.48 for fiscal year vs $0.19 prior; Q4 EPS $0.27.

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