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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

PCYO is an under-the-radar land and water resource company trading at a discount to a conservative NAV (0.5x-0.7x P/NAV).

Pure Cycle: 50-70% Conservative NAV, Hard-Asset Company, Lots Of Free Options And Insiders Own 21%

DENVER, CO / ACCESSWIRE / April 6, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) will release its three and six months ended February 28, 2022 financial results on Monday, April 11, 2022 after market close. We will host a conference call on Tuesday, April 12, 2022, at 8:30AM Eastern (6:30AM Mountain) to present the financial results and hold a question-and-answer session following the presentation.

Pure Cycle Corporation Announces Dates for Three and Six Months Ended February 28, 2022 Earnings Release and Call

DENVER, CO / ACCESSWIRE / March 29, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three and six months ended February 28, 2022 financial results on April 12, 2022 and hold a conference call that day to discuss the results. We will host a conference call on Tuesday, April 12, 2022, at 8:30AM Eastern (6:30AM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three and Six Months Ended February 2022 Earnings Call

DENVER, CO / ACCESSWIRE / January 14, 2022 / Pure Cycle Corporation (NASDAQ Capital Market:PCYO) held its annual shareholders' meeting on January 12, 2022. During the meeting we welcomed our first female board member, Ms.

Pure Cycle Corporation Welcomes Ms. Wanda Abel to its Board of Directors

Pure Cycle Corporation (PCYO) CEO Mark Harding on Q1 2022 Earnings Call Transcript

"We started fiscal 2022 with continued momentum in our land and water segments as well as the official launch of our fully operational single-family home rental business. We are under construction on our next 229 lots at Sky Ranch and continue to add customers to our utility segment each month as well as having completed construction on the first three homes, and we could not be happier with the results.

Pure Cycle Reports First Quarter Results

The following is an update to a release issued earlier today to include replay information DENVER, CO / ACCESSWIRE / January 4, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three months ended November 30, 2021 financial results on January 11, 2022 and hold a conference call that day to discuss the results. We will host a conference call on Tuesday, January 11, 2022, at 8:30AM Eastern (6:30AM Mountain) to discuss the financial results and answer questions.

CORRECTION: Pure Cycle Corporation Announces Three Months Ended November 30, 2021 Earnings Call

DENVER, CO / ACCESSWIRE / January 4, 2022 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three months ended November 30, 2021 financial results on January 11, 2022 and hold a conference call that day to discuss the results. We will host a conference call on Tuesday, January 11, 2022, at 8:30 AM Eastern (6:30 AM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three Months Ended November 30, 2021 Earnings Call

DENVER, CO / ACCESSWIRE / November 11, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced today that Mark W. Harding, President and CEO of Pure Cycle, will present at the Midwest IDEAS Investor Conference on November 17, 2021 at the Westin Dallas Downtown in Dallas, TX.

Pure Cycle Corporation to attend the 13th Annual Midwest IDEAS Investor Conference on November 17th in Dallas, TX

Pure Cycle Corporation (PCYO) CEO Mark Harding on Q4 2021 Results - Earnings Call Transcript

DENVER, CO / ACCESSWIRE / November 9, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) posted net income of $20.1 million for its year ended August 31, 2021. Fiscal 2021 marked another positive year for Pure Cycle highlighted by the following: Substantially completed the first development phase at Sky Ranch - sold a total of 505 lots since 2018 Commenced development on the first subphase of the second development phase at Sky Ranch - contracted for the sale of 804 lots that will be developed in four subphases constructing 229 lots, of which we had the first closing on 152 lots generating $3.9 million in cash proceeds, with 67 lots being under finished lot agreements that will close in fiscal 2022 remaining 10 lots we will use in our single-family rental business Launched single-family rental division with the construction of three homes to be used for rentals all three rental homes are occupied effective November 1, 2021 at rates above what we budgeted Recognized $2.8 million in revenues from oil and gas customers Recognized $21.8 million of combined project management revenue, interest income and other income from the recognition of reimbursable public improvements Recognized $5.2 million in tap fees "We are pleased to have received our first milestone payments for lots in Phase 2 of Sky Ranch in fiscal 2021" commented Mark Harding, President of Pure Cycle.

Pure Cycle Posts Strong Fiscal 2021 Financial Results

DENVER, CO / ACCESSWIRE / November 3, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will issue an earnings release with summarized financial information for the year ended August 31, 2021, and hold an earnings call on November 9, 2021, to discuss the results - details are below. It will also file its Form 10-K before the market opens on November 10, 2021.

Pure Cycle Corporation Announces Date and Time for Year Ended August 31, 2021 Earnings Release and Form 10-K Filing

Pure Cycle Corp (NASDAQ: PCYO) has closed on selling 152 platted lots at its community Sky Ranch, representing the first closing of lots in the next development phase of Sky Ranch. The second phase of development at Sky Ranch totals 804 lots and are contracted with homebuilders.

Pure Cycle Makes First Closing In Second Development Phase Of Sky Ranch

DENVER, CO / ACCESSWIRE / August 30, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) is excited to announce that it has closed on the sale of 152 platted lots at its master planned community Sky Ranch. This represents the first closing of lots in the next development phase of Sky Ranch.

Pure Cycle Corporation Announces First Closing in the 2nd Development Phase of Sky Ranch

DENVER, CO / ACCESSWIRE / August 4, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced today that Mark W. Harding, President and CEO of Pure Cycle, will participate in the virtual Midwest IDEAS Investor Conference on August 25-26, 2021.

Pure Cycle Corporation to Present Virtually and Host 1x1 Investor Meetings at the 12th Annual Midwest IDEAS Investor Conference on August 25th & 26th

Pure Cycle Corporation (PCYO) CEO Mark Harding on Q3 2021 Results - Earnings Call Transcript

DENVER, CO / ACCESSWIRE / July 6, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) is reporting results for the three and nine months ended May 31, 2021. Pure Cycle is reporting net income of more than $18.0 million for the nine months ended May 31, 2021, generated on $12.3 million of revenue, and more than $20.0 million of Other Income.

Pure Cycle Reports Third Quarter Earnings

DENVER, CO / ACCESSWIRE / June 22, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three and nine months ended May 31, 2021 financial results on July 6, 2021 and hold a conference call that day to discuss the results. We will host a conference call on Tuesday, July 6, 2021, at 4:30PM Eastern (2:30PM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three and Nine Months Ended May 31, 2021 Earnings Call

DENVER, CO / ACCESSWIRE / June 8, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) is pleased to announce it will be hosting an Investor Day on July 15, 2021. Pure Cycle will host an in-person Investor Day from 10:00 am to 2:00 pm MST at one of the KB Homes models in the master planned community Sky Ranch.

Announces Investor Day on July 15, 2021

DENVER, CO / ACCESSWIRE /June 1, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced today that Mr. Mark W. Harding, President and CEO of Pure Cycle, will be presenting at the Sidoti & Company Virtual Investor Conference to be held June 23-24, 2021.

Pure Cycle Corporation to Present at the Sidoti & Company Investor Conference

DENVER, CO / ACCESSWIRE / May 12, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced the launch of its redesigned website, the address remains www.purecyclewater.com. Our newly designed website is more informational, dynamic, and user-friendly allowing visitors to easily locate valuable information regarding our water and land development businesses, current projects, important announcements, corporate milestones, our valuable staff and board members, and of course the most current financial information and presentations.

Pure Cycle Corporation Announces Launch of New Website

Pure Cycle had a great quarter. Results were boosted by reimbursables.

Pure Cycle Stays My Top Idea And Biggest Position

Pure Cycle Corporation's (PCYO) CEO Mark Harding on Q2 2021 Results - Earnings Call Transcript

DENVER, CO / ACCESSWIRE / April 13, 2021 / "Pure Cycle continues to build momentum monetizing its highly appreciated land and water assets through the start of the next development phase at Sky Ranch," commented Mark Harding, President of Pure Cycle. "We realized several important milestones during our second quarter which included recording more than $21 million of outstanding reimbursables from our initial phase at Sky Ranch due to the growth of assessed value in homes at Sky Ranch as well as partnering with our local school district for a new Sky Ranch Academy Charter School," continued Mr.

Pure Cycle Reports Second Quarter Earnings

Pure Cycle makes major infrastructure investments at its Sky Ranch development for which it ultimately expects to be reimbursed, a portion of which it has already received payment for. Complex accounting rules limit the company's ability to book these expected reimbursements as receivables, or in some cases, even consider the cash already received when reporting revenue and income.

News for Pure Cycle Stock (PCYO)