Global Water Resources, Inc. GWRS Income Statement

Global water resources, inc. (GWRS)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15
REVENUES:
Water services
3,388	3,799	4,963	4,243	3,138	3,848	4,465	3,916	3,115	3,520	4,165	3,897	2,785	3,275	4,067	3,647	2,989	3,182	4,131	5,114	3,893
Wastewater and recycled water services
4,823	4,870	4,962	4,862	4,569	4,324	4,515	4,518	4,297	4,263	4,284	4,230	3,988	3,918	4,093	3,922	3,807	3,777	3,848	3,793	3,602
Unregulated revenues
19	16	17	16	16	81	19	2,404	13	17	23	18	18	21	20	20	20	150	164	175	127
Total revenues
8,230	8,714	9,942	9,121	7,723	8,253	8,999	10,838	7,425	7,800	8,472	8,145	6,791	7,214	8,180	7,589	6,816	7,109	8,143	9,082	7,622
OPERATING EXPENSES:
Operations and maintenance
2,232	1,820	1,914	1,780	1,723	1,692	1,808	1,621	1,509	1,588	1,574	1,451	1,474	1,419	1,561	1,596	1,612	1,473	1,690	2,057	1,860
Operations and maintenance - related party
0	391	435	437	415	453	386	404	356	371	366	365	360	449	467	465	472	467	483	618	611
General and administrative
2,088	3,143	3,074	2,650	2,375	2,389	2,942	2,820	2,397	2,376	2,012	2,809	2,210	2,879	1,741	2,993	2,054	2,066	2,020	1,807	2,064
Depreciation and amortization
2,113	2,376	1,957	2,009	2,011	1,974	1,807	1,889	1,799	1,744	1,710	1,808	1,646	1,528	1,524	1,610	1,617	1,687	1,894	2,320	2,312
Total operating expenses
6,433	7,730	7,380	6,876	6,524	6,508	6,943	6,734	6,061	6,079	5,662	6,433	5,690	6,275	5,293	6,664	5,755	-	6,087	-	-
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,802	6,847
OPERATING INCOME
1,797	955	2,562	2,245	1,199	1,745	2,056	4,104	1,364	1,721	2,810	1,712	1,101	939	2,887	925	1,061	1,416	2,056	2,280	775
OTHER INCOME (EXPENSE):
Interest income
52	36	49	61	57	64	22	8	7	5	4	6	4	6	5	4	3	3	4	2	2
Interest expense
1,338	1,344	1,341	1,343	1,360	1,362	1,358	1,304	1,231	1,236	1,272	1,305	1,312	1,271	1,315	7,458	1,822	1,803	2,367	2,050	2,079
Gain on condemnation of Valencia
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,074	-	-
Other
49	91	68	82	1,068	33	82	154	323	351	439	336	352	356	436	1,107	323	203	402	338	-176
Other - related party
0	88	97	89	27	68	52	60	-2	65	-12	-33	214	85	72	-41	-101	-32	-31	25	35
Total other expense
-1,237	-1,129	-1,127	-1,111	-208	-1,197	-1,202	-1,082	-903	-815	-841	-996	-742	-824	-802	-6,388	-1,597	-1,720	41,082	-1,685	-2,218
INCOME BEFORE INCOME TAXES
560	-139	1,400	1,134	991	531	854	3,000	500	875	2,000	716	359	115	2,085	-5,463	-536	-	-	-	-
INCOME (LOSS) BEFORE INCOME TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43,138	595	-1,443
INCOME TAX EXPENSE
-200	718	388	356	-300	654	221	766	141	-1,828	766	291	170	66	800	-1,931	-222	-274	21,233	192	-528
NET INCOME
354	-250	1,047	778	649	-106	633	2,256	320	2,734	1,203	425	189	49	1,285	-3,532	-314	-30	21,905	403	-915
Basic earnings per common share
0.02	-0.02	0.05	0.04	0.03	-0.01	0.03	0.11	0.02	0.14	0.06	0.02	0.01	0.00	0.07	-0.18	-0.02	0.00	1.20	0.02	-0.05
Diluted earnings per common share
0.02	-0.02	0.05	0.04	0.03	-0.01	0.03	0.11	0.02	0.14	0.06	0.02	0.01	0.00	0.07	-0.18	-0.02	0.00	1.20	0.02	-0.05
Dividends declared per common share
0.07	0.08	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.06	0.07	0.06	0.07	0.07	1.24	0.06	0.06
Weighted average number of common shares used in the determination of:
Basic
22,333	21,537	21,536	21,520	21,471	21,514	21,088	19,640	19,631	19,631	19,617	19,589	19,581	19,590	19,581	19,172	18,241	18,253	18,287	18,319	18,329
Diluted
22,391	21,535	21,571	21,526	21,493	21,558	21,117	19,683	19,669	19,642	19,667	19,646	19,622	19,561	19,610	19,172	18,241	18,253	18,287	18,319	18,329