Artesian Resources Corporation (ARTNA)

Artesian Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	109.29	107.95	98.86	98.9	90.86	88.14
Revenue Growth (YoY)	8.31%	9.20%	-0.04%	8.85%	3.08%	5.44%
Depreciation & Amortization	13.52	13.63	13.34	12.62	11.89	11.14
Other Operating Expenses	61.31	60.86	56.73	56.49	50.94	49.02
Total Operating Expenses	74.83	74.49	70.07	69.11	62.83	60.16
Operating Income	34.46	33.47	28.79	29.78	28.03	27.98
Interest Expense	-8.78	-8.78	-9.16	-8.5	-7.59	-7.62
Net Interest Expense	-8.78	-8.78	-9.16	-8.5	-7.59	-7.62
Allowance for Equity Funds for Construction	1.92	1.64	2	1.33	0.82	1.17
Other Non-Operating Income (Expenses)	-0.09	-	-	-	1.3	0.97
EBT Excluding Unusual Items	27.52	26.33	21.64	22.61	22.56	22.5
Other Unusual Items	1.38	1.38	1.41	1.27	-	-
Pretax Income	28.9	27.71	23.05	23.88	22.56	22.5
Income Tax Expense	7.49	7.32	6.35	5.88	5.74	5.68
Net Income	21.42	20.39	16.7	18	16.83	16.82
Net Income to Common	21.42	20.39	16.7	18	16.83	16.82
Net Income Growth	23.06%	22.13%	-7.22%	6.96%	0.06%	12.68%
Shares Outstanding (Basic)	10	10	10	9	9	9
Shares Outstanding (Diluted)	10	10	10	9	9	9
Shares Change (YoY)	0.81%	2.73%	5.71%	0.58%	0.61%	0.46%
EPS (Basic)	2.08	1.98	1.67	1.90	1.79	1.80
EPS (Diluted)	2.08	1.98	1.67	1.90	1.79	1.79
EPS Growth	22.05%	18.78%	-12.27%	6.14%	-	11.88%
Free Cash Flow	-12.23	-9.12	-30.33	-24.22	-9.5	-13.92
Free Cash Flow Per Share	-1.19	-0.89	-3.03	-2.55	-1.01	-1.49
Dividend Per Share	1.194	1.182	1.140	1.090	1.050	1.010
Dividend Growth	3.69%	3.69%	4.59%	3.81%	3.96%	3.06%
Profit Margin	19.60%	18.89%	16.89%	18.20%	18.52%	19.08%
Free Cash Flow Margin	-11.19%	-8.45%	-30.68%	-24.49%	-10.46%	-15.79%
EBITDA	47.98	47.1	42.13	42.4	39.92	39.12
EBITDA Margin	43.90%	43.63%	42.61%	42.88%	43.93%	44.39%
D&A For EBITDA	13.52	13.63	13.34	12.62	11.89	11.14
EBIT	34.46	33.47	28.79	29.78	28.03	27.98
EBIT Margin	31.53%	31.00%	29.13%	30.12%	30.85%	31.74%
Effective Tax Rate	25.90%	26.40%	27.54%	24.62%	25.42%	25.26%
Revenue as Reported	109.29	107.95	98.86	98.9	90.86	88.14

Updated Nov 8, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q