Pure Cycle

Pure Cycle Corp. engages in the development of diversified land and water resource. It operates through the Water and Wastewater Resource Development and Land Resource Development segments. The Water and Wastewater Resource Development segment offers water and wastewater services to customers for fees. The water is provided by the company using water rights owned or controlled by the company, and developing infrastructure to divert, treat, and distribute that water and collect, treat, and reuse wastewater. The Land Resource Development segment includes all the activities necessary to develop and sell finished lots. The company was founded in 1976 and is headquartered in Watkins, CO.

Earnings data Q1 2021

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Pure Cycle reports Q1 revenue decline but sees growth opportunities

Pure Cycle's Q1 2023 earnings call discussed revenue declines, market challenges, and growth opportunities across its water utility, land development, and rental home segments. The company's innovative water system, revenue diversification strategies, and focus on managing market exposures were key highlights.

Pure Cycle faces challenges but eyes growth in oil sector

Pure Cycle's Q2 showed challenges in lower sales but anticipates growth in the oil and gas sector. The company's strategic focus on water assets and rental homes provides a strong foundation. Opportunities lie in expanding rental portfolios, aggressive share repurchases, and regional cooperation for water projects.

Pure Cycle reports record Q3 performance and eyes sustainable growth

Pure Cycle's Q3 performance reflects strong revenue growth, customer expansion, and strategic asset management.
The company's strengths lie in their large water supply, sustainable development focus, and community value-add initiatives.
Challenges include sustainable expansion management, operational integration, and market/regulatory risks.
Opportunities exist in water value enhancement, revenue diversification, strategic growth, and sustainable development trends.

Pure Cycle reports solid FY 2023 results, eyes strategic growth

Pure Cycle's fiscal year-end 2023 performance reflects a mix of challenges and strengths, with a focus on operational improvements and strategic growth initiatives.
The company's diversified revenue streams and stable land prices position it well for future growth opportunities and potential partnerships.
Investors should monitor Pure Cycle's progress in addressing operational challenges, leveraging liquidity for acquisitions, and enhancing shareholder value through clear communication and strategic investments.

Pure Cycle (PCYO) reports strong Q1 earnings, addresses shareholder concerns

Pure Cycle (PCYO) delivered robust financial performance in Q1 2024, driven by strong revenues, impressive margins, and net income. Despite shareholder concerns about stock performance, management remains committed to creating value and addressing investor feedback. The company's diversified business segments and growth strategies offer promising opportunities for future expansion and revenue generation.

Pure Cycle reports robust Q2 earnings, addresses market concerns

Pure Cycle Corporation's Q2 2024 earnings call highlighted strong financial performance, diversified revenue streams, and strategic growth plans. While facing challenges related to market perception and cost pressures, the company remains focused on maintaining margins and enhancing shareholder value. With opportunities for expansion and strategic acquisitions, Pure Cycle is poised for continued growth and value creation.

Pure Cycle reports robust Q3 earnings, focuses on shareholder value

Pure Cycle Corporation delivered impressive financial results in Q3 2024, driven by strong performance across its water rights, land development, and single-family rental segments. With a focus on enhancing shareholder value through stock repurchases and portfolio expansion, the company is well-positioned to capitalize on growth opportunities and navigate potential challenges in the market.

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Pure Cycle Corp. engages in the development of diversified land and water resources. It operates through the Water and Wastewater Resource Development and Land Development segments. The Water and Wastewater Resource Development segment offers water and wastewater services to customers for fees. The Land Development segment includes all the activities necessary to develop and sell finished lots. The company was founded in 1976 and is headquartered in Watkins, CO.

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DENVER, CO / ACCESSWIRE / July 21, 2023 / Pure Cycle Corporation (NASDAQ:PCYO) is pleased to announce the appointment of Marc Spezialy as Vice President, Chief Financial Officer, Principal Accounting Officer and Principal Financial Officer of the Company. CEO/President Mark Harding commented "We would like to thank our outgoing CFO Kevin McNeill for his service and express our best wishes to Mr.

Pure Cycle Corporation Announces Appointment of New Chief Financial Officer

Pure Cycle Corporation (NASDAQ:PCYO ) Q3 2023 Earnings Conference Call July 13, 2023 8:30 AM ET Company Participants Mark Harding - President and CEO Kevin McNeill - CFO Conference Call Participants Greg Roeder - Adirondack Funds Elliot Knight - Knight Advisors Operator Greetings. Welcome to the Pure Cycle Corporation Third Quarter 2023 Earnings Call.

Pure Cycle Corporation (PCYO) Q3 2023 Earnings Call Transcript

DENVER, CO / ACCESSWIRE / July 12, 2023 / Pure Cycle Corporation (NASDAQ:PCYO) announced its financial results for the three and nine months ended May 31, 2023. Pure Cycle posted its seventeenth consecutive fiscal quarter with positive net income.

Pure Cycle Announces Financial Results For Three and Nine Months Ended May 31, 2023

DENVER, CO / ACCESSWIRE / July 5, 2023 / Pure Cycle Corporation (NASDAQ:PCYO) will release financial results for the three and nine months ended May 31, 2023 on Wednesday July 12, 2023, and hold a conference call on Thursday July 13, 2023, to discuss the results. Details for the call are presented below.

Pure Cycle Corporation Announces Dates for YTD May 31, 2023 Earnings Call

DENVER, CO / ACCESSWIRE / June 1, 2023 / Pure Cycle Corporation (NASDAQ:PCYO) announced its President and CEO will host an investor meeting in New York City at NASDAQ's corporate offices (151 West 43rd St. 10th Floor Room 13: Edison) at 9:30am Eastern on June 16, 2023, to highlight Pure Cycle's continue success in its water, land development and single-family rental segments. "While rising interest rates have had an impact on housing markets, affordability in most major metropolitan markets continues to be an even greater obstacle for today's home buyers.

Conversation with CEO Mark Harding New York City June 16, 2023

Pure Cycle Corporation (NASDAQ:PCYO) Q2 2023 Earnings Conference Call April 13, 2023 8:30 AM ET

Pure Cycle Corporation (PCYO) Q2 2023 Earnings Call Transcript

DENVER, CO / ACCESSWIRE / April 12, 2023 / Pure Cycle Corporation (NASDAQ:PCYO) announced it produced its sixteenth consecutive fiscal quarter with positive net income. Pure Cycle continues to see positive results from its Sky Ranch Master Planned Community with over 100 new home starts in Phase 2A and the initiation of construction in our next 211 lots in Phase 2B with all four of our homebuilder partners excited to continue building homes at Sky Ranch.

Pure Cycle Announces Financial Results for the Six Months Ended February 28, 2023

DENVER, CO / ACCESSWIRE / April 5, 2023 / Pure Cycle Corporation (NASDAQ:PCYO) will release its three and six months ended February 23, 2023 financial results on Wednesday April 12, 2023, and hold a conference call on Thursday April 13, 2023, to discuss the results. Details for the call are presented below.

Pure Cycle Corporation Announces Dates for YTD February 2023 Earnings Call

Pure Cycle runs a diversified water resource and land development business model. PCYO promised to multiply its installed capacity by more than 7 times.

Pure Cycle's Capacity Multiplication Could Push The Stock Price Up

Pure Cycle Corporation (NASDAQ:PCYO ) Q1 2023 Earnings Conference Call January 10, 2023 8:30 AM ET Company Participants Mark Harding - President, Chief Executive Officer Kevin McNeill - Vice President, Chief Financial Officer Dirk Lashnits - Vice President, Director of Land Development Conference Call Participants Robert Howard - Boiling Point Resources Bill Cunningham - private investor Bill Miller - private investor Operator Good morning and welcome to Pure Cycle Corporation's first quarter 2023 earnings call. At this time, all participants are in a listen-only mode.

Pure Cycle Corporation (PCYO) Q1 2023 Earnings Call Transcript

DENVER, CO / ACCESSWIRE / January 9, 2023 / Pure Cycle Corporation (NASDAQ Capital Market:PCYO) announced for the three months ended November 30, 2022, it posted positive net income for the fifteenth consecutive fiscal quarter. The housing market downturn and quick turn in weather proved to be a challenge for our first quarter of fiscal 2023, but we received several surface use payments and other cash payments from oil and gas operators which are a positive sign to what we believe will be a strong year for oil and gas water sales.

Pure Cycle Announces Financial Results for the Three Months Ended November 30, 2022

DENVER, CO / ACCESSWIRE / December 29, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) announced that it will release its three months ended November 30, 2022 financial results on Monday, January 9, 2023, and hold a conference call on Tuesday, January 10, 2023, to discuss the results. Details for the call are presented below.

Pure Cycle Corporation Announces Dates for Q1-2023 Earnings Call

Pure Cycle Corporation (NASDAQ:PCYO ) Q4 2022 Earnings Conference Call November 15, 2022 8:30 AM ET Company Participants Mark Harding - President, CEO & Director Dirk Lashnits - VP, Land Development Conference Call Participants Bill Miller - Investor Geoffrey Scott - Scott Asset Management John Rosenberg - Lachlan Water Elliot Knight - Knight Advisors Operator Good morning, ladies and gentlemen, and welcome to the Pure Cycle Corporation Year ended 2022 Earnings Call. [Operator Instructions].

Pure Cycle Corporation (PCYO) Q4 2022 Earnings Call Transcript

DENVER, CO / ACCESSWIRE / November 14, 2022 / Pure Cycle posted $9.6 million of net income for the year ended August 31, 2022, which marks our fifth consecutive year and fourteenth consecutive quarter with positive net income. Each of our three cohesive business lines, being land development, water resource development, and single-family rentals, contributed to the positive income.

Pure Cycle Announces Financial Results for the Year Ended August 31, 2022

Pure Cycle is a Colorado land development and water rights company. Shares had enjoyed a solid run-up in recent years, but have plunged with the turn in the housing market.

Pure Cycle: This Obscure Water Play Is Back In The Buy Zone

DENVER, CO / ACCESSWIRE / August 24, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) (Pure Cycle) today reported the Sky Ranch Community Authority Board (Sky Ranch CAB) successfully closed its second municipal bond financing totaling $29.7 million, which netted the Sky Ranch CAB $23.6 million after fees, capitalized interest, and expenses. After the closing, the Sky Ranch CAB repaid Pure Cycle $23.6 million in public improvement reimbursables and associated interest.

Pure Cycle Corporation Announces Receipt of $23.6 Million From Second Sky Ranch Community Authority Board Bond Offering

Pure Cycle Corporation (NASDAQ:PCYO ) Q3 2022 Earnings Conference Call July 12, 2022 8:30 AM ET Company Participants Mark Harding - President and CEO Kevin McNeill - Chief Financial Officer Dirk Lashnits - Vice President, Land Development Conference Call Participants Elliot Knight - Knight Advisors Operator Good day, ladies and gentlemen. And welcome to the Pure Cycle Corporation Third Quarter Nine Months Ending May 31, 2022, Earnings Call.

Pure Cycle Corporation's (PCYO) CEO Mark Harding on Q3 2022 Results - Earnings Call Transcript

Pure Cycle posted $0.8 million and $4.0 million of net income for the three and nine months ended May 31, 2022, marking our thirteenth consecutive quarter with positive net income. As our land development segment continues developing our Master Planned Community Sky Ranch - which is thriving in Denver's robust housing market - our water resource development segment continues to expand our customer reach and provide water to oil and gas operators.

Pure Cycle Reports Results for the Three and Nine Months Ended May 31, 2022

DENVER, CO / ACCESSWIRE / July 5, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) will release its three and nine months ended May 31, 2022 financial results on July 11, 2022 and hold a conference call the following day to discuss the results. We will host a conference call on Tuesday, July 12, 2022, at 8:30 AM Eastern (6:30 AM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three and Nine Months Ended May 31, 2022 Earnings Release and Call with Investor Day Reminder

DENVER, CO / ACCESSWIRE / June 28, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three and nine months ended May 31, 2022 financial results on July 11, 2022 and hold a conference call the following day to discuss the results. We will host a conference call on Tuesday, July 12, 2022, at 8:30AM Eastern (6:30AM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three and Nine Months Ended May 2022 Earnings Call

DENVER, CO / ACCESSWIRE / June 15, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) is pleased to announce it will be hosting an Investor Day on Wednesday, July 13, 2022. The in-person event will take place from 10:00 a.m.

Pure Cycle Announces Annual Investor Day Event

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Pure Cycle Corporation (PCYO) CEO Mark Harding on Q2 2022 Results - Earnings Call Transcript

DENVER, CO / ACCESSWIRE / April 11, 2022 / "We are excited to announce the completion of another strong quarter. For our water resource segment, we had our highest water deliveries in history thanks to a strong oil and gas market, while our land development segment continues developing our Master Planned Community Sky Ranch - which is thriving in this hot housing market" commented Mark Harding, CEO of Pure Cycle.

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