earnings
confidence high
sentiment positive
materiality 0.80
Pure Cycle Q1 net income jumps 91% to $3.9M, EPS $0.16 (up 78% YoY)
PURE CYCLE CORP
2025-Q1 EPS reported
$0.16
revenue$5,752,000
- Net income $3.937M vs $2.065M; diluted EPS $0.16 vs $0.09; revenue $5.752M (+7% YoY).
- Royalty income surged to $2.807M from $0.034M, driven by six new oil & gas wells.
- EBITDA $5.843M (+71%); cash $19.0M; working capital $20.3M.
- Sky Ranch: Phase 2A complete, Phase 2C 41% done, Phase 2D started Dec 2024.
- Water tap sales $1.466M (up from $0.581M); 38 taps sold vs 15 in prior year.