Christopher D. Krygier
On February 6, 2023, Global Water Resources, Inc. (the “Company”) appointed Christopher D. Krygier as the Company’s Chief Operating Officer, effective immediately.
Highest-materiality recent filing
Revenue up 6.7% YoY to $13.3M; net loss of $0.4M vs net income $0.6M in Q1 2025.
GWRS subsidiaries reach settlement on rate cases; Santa Cruz to get $2.3M revenue increase
GW-Santa Cruz annual revenue increase of ~$2.3M with $63.6M rate base, 9.6% ROE, 55% equity/45% debt.
Global Water Resources settles Santa Cruz rate case; Palo Verde to refile in 2027
GW-Santa Cruz rate case settled as part of bifurcation agreement filed April 14, 2026.
Global Water Resources FY 2025 revenue up 5.8% to $55.8M but net income falls 48.9% to $3.0M
Net income $3.0M ($0.11 EPS) vs $5.8M ($0.24) in 2024; adjusted EPS $0.14 vs $0.26.
Q3 revenue +8.4% to $15.5M; net income down 41% to $1.7M ($0.06/sh)
Net income $1.7M ($0.06 EPS) vs $2.9M ($0.12 EPS) YoY; Adjusted EBITDA down 5% to $7.8M.
GWRS rate case: ACC Staff recommends $7.1M revenue decrease vs company's $6.5M increase request
Company sought ~$6.5M net annual revenue increase; ACC Staff recommends ~$7.1M decrease; RUCO recommends ~$3.0M increase.
Global Water Resources raises $13.1M via private placement of 1.27M shares to insiders
Issued 1,270,572 shares at $10.30 each for aggregate proceeds of $13.1 million.
Global Water Resources Q2 revenue up 5.4% to $14.2M, net income slips to $1.6M
Net income of $1.6M ($0.06 EPS) vs $1.7M ($0.07 EPS) year ago; adjusted EBITDA up 2.1% to $6.9M.
Active connections up 4.3% to 65,163; water consumption +24.2% to 0.84B gallons.
Global Water Resources closes $32.2M public offering of common stock
Closed offering of 3,220,000 shares at $10.00/share including full exercise of 420,000-share over-allotment.
GWRS subsidiaries file rate cases seeking $6.5M annual revenue increase, 11% bill hike
Two largest subsidiaries (89.6% of connections) filed rate cases with AZ Corporation Commission for water/wastewater rates.
Global Water Resources FY2024 net income down 27.5% to $5.8M; regulated revenue up 4.9%
Net income $5.8M ($0.24/sh) vs $8.0M ($0.33/sh) in 2023; adjusted net income $6.3M ($0.26/sh), up 2.0%.
Global Water Resources Q3 net income up 11% to $2.9M; adjusted EBITDA $8.2M
Total revenue $14.3M, down 1.5% YoY due to $0.5M non-recurring ICFA revenue; regulated revenue up 2.2%.
Global Water Resources Q2 2024 Revenue Rises 3.9% to $13.5M, Connections Up 4.9%
Total revenue increased 3.9% to $13.5 million; net income decreased 0.5% to $1.7 million.
Global Water Resources Q1: regulated revenue up 6.9%, net income falls on ICFA timing
Total revenue $11.6M (-11.6% YoY); regulated revenue $11.6M (+6.9%) on 4.4% more connections (62,451).
Global Water Resources Q4 revenue up 11.4% to $12.4M; full-year net income $8.0M
Q4 net income $1.1M ($0.05 EPS); full-year net income $8.0M ($0.33 EPS) vs $5.5M ($0.24) in 2022.
Global Water Resources Q3 revenue up 22.2%, net income up 56.2%; announces $20M note offering
Total revenue $14.5M (+22.2% YoY); net income $2.6M ($0.11 EPS) vs $1.7M ($0.07 EPS) a year ago.
Total revenue $13.0M, up 11% YoY; net income $1.7M ($0.07/share) down from $2.1M due to prior year tax benefit.
Global Water Resources Q1 revenue up 31% to $13.1M; net income rises 177% to $2.5M
Revenue $13.1M (+30.9% YoY) driven by $2.3M of ICFA fees and rate increases; net income $2.5M ($0.10 EPS) vs $0.9M ($0.04).
Global Water Resources Q4 net income up 138% to $824k; full-year revenue $44.7M up 8.6%
Net income Q4 $824k ($0.04 EPS) vs $346k ($0.02); full-year $5.5M ($0.24) up 53%.
Global Water Resources appoints Chris Krygier as COO; salary set at $250,000
Appointed Christopher D. Krygier as COO effective Feb 6, 2023; previously Chief Strategy Officer since June 2020.
Global Water Q3 revenue +11%, net income +12.6%; ACC approves Farmers Water acquisition
Regulated revenue $11.9M (+11%); net income $1.7M ($0.07 EPS, +12.6%); Adj. EBITDA $6.1M (+21%).
Global Water Q2 revenue up 7% to $11.7M; net income $2.1M; ACC approves 8% rate increase
Revenue rose 7.0% to $11.7M; net income $2.1M ($0.09 EPS); adjusted EBITDA up 14.3% to $6.1M.
Global Water Resources closes $15.5M public offering of 1.15M shares at $13.50/sh
Offering of 1,150,000 shares closed August 1, 2022; underwriter exercised full over-allotment option.
ACC approves ~$2.2M annualized rate increase for Global Water, phased in through 2024
Rate increase of $2.2M annualized based on 2019 test year; phases: $1.46M Aug 2022, $676K Jan 2023, $99K Jan 2024.
GWRS Q1 2022 revenue $10.0M (+8.3%); net income turns positive to $0.9M
Revenue $10.0M, up 8.3% YoY, driven by organic growth and Las Quintas connection additions.
Global Water Resources Q4 net income $0.3M vs loss; revenue $10.3M (+5.7%); connections up 10.2%
Q4 2021 revenue $10.3M (+5.7%); net income $0.3M ($0.02 EPS) vs net loss of $0.3M (-$0.01) in Q4 2020.
Global Water Resources Q3 revenue up 6% to $11.4M; net income +32% to $1.5M; connections +9.2%
Revenue $11.4M (+6.0% YoY); net income $1.5M (+32.4%); EPS $0.07 vs $0.05.
Global Water Resources Q2 revenue up 10.7% to $10.9M; net income $2.0M vs prior year loss
Revenue increased 10.7% to $10.9M, driven by organic connection growth and higher consumption.
On February 6, 2023, Global Water Resources, Inc. (the “Company”) appointed Christopher D. Krygier as the Company’s Chief Operating Officer, effective immediately.
Max materiality 0.80 · Median 0.62 · Most common event earnings