secwatch.observer — SEC 8-K summary
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Issuer:     PURE CYCLE CORP (PCYO)
CIK:        0000276720
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001558370-24-015654
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/276720/000155837024015654/0001558370-24-015654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/276720/000155837024015654/pcyo-20241113x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-015654

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