Welcome to our dedicated page for Pure Cycle news (Ticker: PCYO), a resource for investors and traders seeking the latest updates and insights on Pure Cycle stock.
Pure Cycle Corporation (NASDAQ: PCYO) is a utilities company active in water and wastewater services, land development, and single-family rentals centered on its Sky Ranch master planned community. The PCYO news feed on Stock Titan aggregates the company’s press releases and third-party coverage so readers can follow its operational and financial updates in one place.
News about Pure Cycle frequently highlights progress at Sky Ranch, including the status of multiple development phases and subphases, lot deliveries to national homebuilder partners, and expansion of its single-family rental portfolio. Earnings releases detail revenue and net income by segment, water and wastewater tap sales, and oil and gas royalty income from mineral interests at Sky Ranch.
Investors and analysts tracking PCYO can use this page to monitor quarterly and annual financial results, earnings presentation announcements, and investor events such as conference appearances and Investor Day presentations. Governance developments, such as changes to the Board of Directors or the formation of board committees, are also announced through company news and associated Form 8-K filings.
Because Pure Cycle’s business spans regulated water and wastewater services, real estate development, and rental housing, its news flow covers topics ranging from utility operations to land development milestones and rental housing expansion. Bookmark this page to follow new press releases, segment performance discussions, and other updates that shape the investment narrative for Pure Cycle Corporation.
Pure Cycle (NASDAQ:PCYO) has announced its Q2 2025 earnings release schedule, with financial results for the three and six months ended February 28, 2025, to be released on April 9, 2025, followed by an earnings presentation on April 10, 2025.
The company operates across three complementary business segments: wholesale water and wastewater services, land development of master planned communities, and single-family home rentals at Sky Ranch. Pure Cycle's land development segment, launched in 2017, develops communities where they provide water services. Their rental business, initiated in 2021, generates recurring revenue while expanding their water resource customer base.
Pure Cycle (NASDAQ:PCYO) has announced an upcoming investor meeting hosted by CEO Mark Harding in New York City on February 13, 2025. The meeting, scheduled for 12 PM Eastern Time at Dorsey & Whitney's offices, will focus on the company's performance across its three business segments: water services, land development, and single-family rentals.
The presentation will highlight Denver's housing market trends, water's role in regional development, and Pure Cycle's strategy for monetizing its water and land assets. The event will be accessible both in-person (requiring RSVP) and virtually via Teams meeting.
Pure Cycle operates as a wholesale water and wastewater service provider, with additional operations in master planned community development since 2017, and single-family home rentals at Sky Ranch since 2021. These complementary segments contribute to the company's recurring revenue streams and customer base growth.
Pure Cycle (NASDAQ:PCYO) has announced an upcoming investor event on February 13, 2025 in New York City, featuring CEO Mark Harding and Director Dan Kozlowski. The event will focus on the company's monetization strategies across its land, water, and single-family rental business segments.
The company highlights strong demand at its Sky Ranch Master Planned Community, noting market advantages including affordable entry-level pricing, fully entitled zoning, and efficient finished lot delivery. The broader housing market faces challenges including inventory undersupply due to mortgage-locked sellers and constrained new lot development.
Pure Cycle operates in three complementary segments: wholesale water and wastewater services, land development of master planned communities (launched 2017), and single-family home rentals at Sky Ranch (launched 2021). The company emphasizes its vertical integration and focus on recurring revenue streams.
Pure Cycle (NASDAQ:PCYO) reported strong financial results for Q1 2025 (ended November 30, 2024), marking its twenty-second consecutive quarter with positive net income. The company achieved $3.9 million in net income, a 91% increase from 2023, with earnings per diluted share rising 78% to $0.16.
Revenue increased 7% to $5.8 million, driven by development progress at Sky Ranch Master Planned Community and increased royalty revenues from oil and gas operations. The company reported substantial growth in royalty income, reaching $2.8 million compared to less than $0.1 million in the previous year.
Development continues across multiple phases at Sky Ranch, with Phase 2A completed, Phase 2B at 97% completion, and Phase 2C approximately 41% complete. The company maintains a strong financial position with $19.0 million in cash and cash equivalents and working capital of $20.3 million as of November 30, 2024.
Pure Cycle (NASDAQ:PCYO) has announced its Q1 2025 earnings presentation scheduled for January 9, 2025, at 8:30 AM Eastern Time. The presentation will proceed as planned despite market closure for the day of mourning.
The company operates in three business segments: wholesale water and wastewater services, land development of master planned communities, and single-family home rentals at Sky Ranch. The land development segment was launched in 2017, while the rental business began in 2021, creating long-term recurring revenues and expanding their customer base for water services.
Shareholders can participate in an interactive presentation with Q&A functionality through the company's website, while call-in access will be available in listen-only mode.
Pure Cycle (NASDAQ:PCYO) has scheduled its Q1 2025 earnings release for January 8, 2025, followed by an earnings presentation on January 9, 2025, at 8:30 AM Eastern Time. The company will host an interactive session allowing questions and slide presentation viewing.
Pure Cycle operates in three business segments: wholesale water and wastewater services, land development of master planned communities, and single-family home rentals at Sky Ranch. The company emphasizes its vertical integration and focus on recurring revenue streams through these complementary business segments.
Pure Cycle (PCYO) reported strong financial results for fiscal year 2024, with net income reaching $11.6 million, a 147% increase from 2023. Revenue grew 97% to $28.7 million, driven by a 135% increase in lot sales. The company delivered 1,818 acre-feet of water, up 89% from 2023. Earnings per diluted share increased 153% to $0.48. The Sky Ranch Master Planned Community continues development with Phases 2A and 2B substantially complete, while Phase 2C is expected to complete in fiscal 2025. Cash and cash equivalents stood at $22.1 million as of August 31, 2024.
Pure Cycle (NASDAQ:PCYO) has scheduled its year-end 2024 financial results release for November 13, 2024, followed by a conference call on November 14, 2024, at 8:30AM Eastern. The company operates in three business segments: wholesale water and wastewater services, land development of master planned communities, and single-family home rentals at Sky Ranch. The earnings call will be accessible via domestic (877-545-0523) and international (973-528-0016) lines, with replay available until February 14, 2025.
Pure Cycle (NASDAQ:PCYO) announced that Sky Ranch Community Authority Board (Sky Ranch CAB) successfully completed a $21.9 million municipal bond refinancing. The refinancing resulted in $10.1 million net proceeds after repaying 2019 Bonds and expenses. The 2024 Bonds include $18.585 million in tax-exempt senior bonds and $3.307 million in subordinate bonds. Pure Cycle received $10.1 million as partial reimbursement for public improvements at the Sky Ranch Master Planned Community. The total municipal bonds issued by Sky Ranch CAB now amount to $51.4 million, reflecting the community's strong performance.
Pure Cycle (NASDAQ: PCYO) announced that Sky Ranch Metropolitan District No. 1, part of the Sky Ranch Community Authority Board (CAB), received an investment grade 'BBB' rating from S&P Global Ratings for refinancing its 2019 Bonds. This rating reflects the district's mature status, quality financial controls, and stable financial outlook. The Sky Ranch Master Planned Community, developed by Pure Cycle, has completed Phase 1 with 509 homes across 151 acres.
CEO Mark Harding stated that this rating will lower borrowing costs and provide additional funds to repay Pure Cycle's advances for public improvements. The transaction is expected to close in November, potentially yielding $10 million to pay down the Sky Ranch CAB Note Receivable. Pure Cycle operates in three business segments: wholesale water and wastewater services, land development, and single-family home rentals at Sky Ranch.