Pure Cycle Corporation (PCYO)

Pure Cycle Income Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Operating Revenue	26.09	28.75	14.59	23	17.13
Revenue	26.09	28.75	14.59	23	17.13
Revenue Growth (YoY)	-9.25%	97.09%	-36.59%	34.32%	-33.77%
Selling, General & Admin	7.77	6.92	5.47	5.89	5.14
Depreciation & Amortization	0.59	0.6	2.16	2.13	1.77
Other Operating Expenses	10.06	8.99	4.89	4.89	4.95
Total Operating Expenses	18.42	16.51	12.51	12.91	11.86
Operating Income	7.67	12.24	2.07	10.1	5.27
Interest Expense	-0.43	-0.44	-0.21	-0.09	-
Interest Income	3.27	2.84	2.5	1.97	2.96
Net Interest Expense	2.85	2.4	2.3	1.88	2.96
Other Non-Operating Income (Expenses)	6.95	0.99	1.85	0.73	18.37
EBT Excluding Unusual Items	17.47	15.63	6.22	12.71	26.59
Pretax Income	17.47	15.63	6.22	12.71	26.59
Income Tax Expense	4.36	4.02	1.52	3.09	6.48
Earnings From Continuing Ops.	13.11	11.61	4.7	9.62	20.11
Net Income	13.11	11.61	4.7	9.62	20.11
Net Income to Common	13.11	11.61	4.7	9.62	20.11
Net Income Growth	12.89%	147.14%	-51.15%	-52.17%	197.93%
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
Shares Change (YoY)	0.11%	0.14%	-0.21%	0.19%	0.21%
EPS (Basic)	0.54	0.48	0.20	0.40	0.84
EPS (Diluted)	0.54	0.48	0.19	0.40	0.83
EPS Growth	12.50%	152.63%	-52.50%	-51.81%	196.43%
Free Cash Flow	3.69	-0.36	-10.15	11.64	0.56
Free Cash Flow Per Share	0.15	-0.01	-0.42	0.48	0.02
Profit Margin	50.26%	40.40%	32.22%	41.82%	117.43%
Free Cash Flow Margin	14.15%	-1.26%	-69.59%	50.58%	3.27%
EBITDA	9.97	14.34	4.23	12.22	7.04
EBITDA Margin	38.21%	49.89%	28.99%	53.13%	41.12%
D&A For EBITDA	2.3	2.1	2.16	2.13	1.77
EBIT	7.67	12.24	2.07	10.1	5.27
EBIT Margin	29.40%	42.59%	14.21%	43.89%	30.77%
Effective Tax Rate	24.96%	25.71%	24.45%	24.29%	24.37%
Revenue as Reported	26.09	28.75	14.59	23	17.13

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q