Global Water Resources Inc
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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FY2023 · Filed Mar 7, 2024
GWRS$6.93-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations for the Years ended and
| Year Ended December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| REVENUES: | ||
| Water services | $24,860 | $20,885 |
| Wastewater and recycled water services | 25,382 | 23,843 |
| Unregulated revenues | 2,786 | — |
| Total revenues | 53,028 | 44,728 |
| OPERATING EXPENSES: | ||
| Operations and maintenance | 12,669 | 10,889 |
| General and administrative | 16,636 | 16,130 |
| Depreciation and amortization | 11,437 | 9,890 |
| Total operating expenses | 40,742 | 36,909 |
| OPERATING INCOME | 12,286 | 7,819 |
| OTHER INCOME (EXPENSE): | ||
| Interest income | 52 | 65 |
| Interest expense | (4,882) | (4,759) |
| Allowance for equity funds used during construction | 981 | 723 |
| Other, net | 2,417 | 2,592 |
| Total other expense | (1,432) | (1,379) |
| INCOME BEFORE INCOME TAXES | 10,854 | 6,440 |
| INCOME TAX EXPENSE | (2,872) | (934) |
| NET INCOME | $7,982 | $5,506 |
| Basic earnings per common share | $0.33 | $0.24 |
| Diluted earnings per common share | $0.33 | $0.24 |
| Dividends declared per common share | $0.30 | $0.30 |
| Weighted average number of common shares used in the determination of: | ||
| Basic | 24,044,950 | 23,172,733 |
| Diluted | 24,129,542 | 23,332,356 |
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