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 Q2 2021

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Earnings data Q1 2025

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.

Pure Cycle reports record Q4 earnings, eyes strategic growth opportunities

Pure Cycle's Q4 2024 earnings call highlighted exceptional financial performance, strong liquidity, and strategic growth plans. The company's focus on water utilities, land development, and single-family rentals positions them well for future success. Challenges lie in managing interest rate changes and maintaining competitive margins amidst industry shifts.

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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.

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.

A Look At Pure Cycle's Reimbursable Infrastructure Investments

DENVER, CO / ACCESSWIRE / March 18, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three and six months ended February 28, 2021 financial results on April 13, 2021 and hold a conference call that day to discuss the results. We will host a conference call on Tuesday, April 13, 2021, at 4:30PM Eastern (2:30PM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three and Six Months Ended February 28, 2021 Earnings Call

DENVER, CO / ACCESSWIRE / March 17, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced today that its President and CEO, Mr. Mark W. Harding, will be presenting at the 2021 Lytham Partners Investor Conference Series to be held virtually March 30 and 31, 2021.

Pure Cycle Corporation to Present at the Lytham Partners Investment Conference

DENVER, CO / ACCESSWIRE / March 11, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) announced today it is entering the single-family residential home rental market with the launch of its Build-to-Rent ("BTR") segment. "We are excited to announce our entry into the rapidly expanding BTR market with our initial BTR homes to be located at the popular Sky Ranch Master Planned Community," stated Mark Harding, President and CEO.

Pure Cycle Corporation To Build Single-Family Homes for Long-Term Rental

DENVER, CO / ACCESSWIRE / March 10, 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 March 24-25, 2021.

Pure Cycle Corporation to present at Sidoti & Company Virtual Investor Conference

DENVER, CO / ACCESSWIRE / March 2, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) is excited to announce the Sky Ranch Academy has received approval for a new Charter School which will be located in the Sky Ranch Master Planned Community. "We could not be more pleased to be partnering with the Bennett School District in bringing a new, non tax-based school to our Sky Ranch Development", commented Mark Harding, President and CEO of Pure Cycle.

Pure Cycle Corporation Announces Approval of Charter School Application at Sky Ranch

I interviewed the CFO and CEO of Pure Cycle by phone and took notes. I added in my own commentary on their responses. I like Pure Cycle because it has strong management, Colorado has a strong housing market, and water rights are valuable. Higher oil prices are a bonus.

Pure Cycle Is An Undiscovered Bet On The Colorado Housing Market

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DENVER, CO / ACCESSWIRE / January 15, 2021 / Pure Cycle Corporation (NASDAQ:PCYO) held its annual shareholders' meeting on January 13, 2021. During the meeting Patrick Beirne, Arthur Epker III, Peter Howell, Jeffrey Sheets, Frederick Fendel III, Daniel Kozlowski, and Mark Harding were elected to the Pure Cycle board of directors and will serve until the next annual shareholders' meeting in January 2022.

Pure Cycle Corporation Announces Board of Directors Changes and Results of Annual Meeting

Pure Cycle's stock price has remained steady since it plummeted as the market is likely unfairly discounting Pure Cycle based on their exposure to the real estate market. Pure Cycle's Sky Ranch assets and ability to capitalize on their water rights and infrastructure are significantly undervalued due to limited sell-side coverage and historically opaque forecasts.

Pure Cycle: A Water Utility Player Creating Its Own Market

DENVER, CO / ACCESSWIRE / December 30, 2020 / Pure Cycle Corporation (NASDAQ:PCYO) announced it will release its three months ended November 30, 2020 financial results on January 5, 2021 and hold a conference call that day to discuss the results. We will host a conference call on Tuesday, January 5, 2021, at 4PM Eastern (2PM Mountain) to discuss the financial results and answer questions.

Pure Cycle Corporation Announces Three Months Ended November 30, 2020 Earnings Call

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Why Pure Cycle Corp (PCYO) Stock is a Compelling Investment Case

Pure Cycle Corporation (PCYO) CEO Mark Harding on Q3 2020 Results - Earnings Call Transcript

Pure Cycle: Dramatically Undervalued Water Rights And Growing Business - Behind The Idea

Pure Cycle Corporation (NASDAQ:PCYO) Q2 2020 Earnings Conference Call April 7, 2020 4:00 PM ET

Pure Cycle Corporation (PCYO) Management on Q2 2020 Results - Earnings Call Transcript

Once the coronavirus crisis is over and the economy appears to stabilize, there may be bargains to be had and Pure Cycle has the cash resources to potentially benefit from the situation.

Pure Cycle's Fortress Balance Sheet

Pure Cycle Corporation (PCYO) Management on Q1 2020 Results - Earnings Call Transcript

Pure Cycle's (PCYO) Management on Q4 2019 Results - Earnings Call Transcript

Pure Cycle released its May 31, 2019, third-quarter results on July 8, reporting substantially increased revenue and a material amount of income, a trend that should continue.

Pure Cycle Corp.: On Track

Pure Cycle Corporation's (PCYO) CEO Mark Harding on Q2 2019 Results - Earnings Call Transcript

News for Pure Cycle Stock (PCYO)