Pure Cycle Corporation (PCYO) Q4 2025 Earnings Call Transcript

Pure Cycle Corporation ( PCYO ) Q4 2025 Earnings Call November 13, 2025 8:30 AM EST Company Participants Marc Spezialy - VP, CFO & Principal Accounting Officer Mark Harding - President, CEO, Principal Executive Officer & Director Conference Call Participants Greg Vennett Presentation Marc Spezialy VP, CFO & Principal Accounting Officer Okay. Good morning, everyone, and welcome to Pure Cycle's Year End Investor Presentation.

Seeking Alpha • Nov 13, 2025

Pure Cycle Announces Financial Results For the Year Ended August 31, 2025

DENVER, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ Capital Market: PCYO) announced its financial results for the year ended August 31, 2025. Pure Cycle reported $13.1 million of net income for the year ended August 31, 2025, which is a 13% increase in net income from 2024 and marks our eighth consecutive year and twenty-fifth consecutive fiscal quarter with positive net income. Pure Cycle reported $0.54 of earnings per fully diluted common share, which is up from $0.48 in 2024, a 12.5% increase. Pure Cycle continues to see demand for entry level lots at our Sky Ranch Master Planned Community. By partnering with our national homebuilders, we deliver finished lots on an annual cadence that allows for steady absorption while navigating ongoing housing industry headwinds. In the fourth quarter we completed the delivery of finished lots in Phase 2C, and our national homebuilder partners have already begun construction. Additionally, we are finishing the utility work and moving into road work in Phase 2D. We expect to complete Phase 2D in fiscal 2026. Pure Cycle continues to diversify our land development segment by partnering with two national homebuilders in Phase 2D who are new to the Sky Ranch Community. Finally, we have started platting our next 148 lots in Phase 2E. We expect to have lots in Phase 2E completed in fiscal 2027 but will pace construction to match builder absorptions. Pure Cycle continues to drive income from our resource rich asset base and in the year ended August 31, 2025, we reported an increase in our royalty income from our oil and gas mineral interest by 738%, as six wells were completed at Sky Ranch in 2024 that began producing during this fiscal year.

GlobeNewsWire • Nov 12, 2025

Pure Cycle Corporation Announces Dates for Year End 2025 Earnings Presentation

DENVER, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ: PCYO) will release financial results for the year ended August 31, 2025, on Wednesday, November 12, 2025, and hold an earnings presentation on Thursday, November 13, 2025, to discuss the results. For an interactive experience, including the ability to ask questions and view the slide presentation, please register and join the event via the link below. See below for event details.

GlobeNewsWire • Nov 5, 2025

Pure Cycle Corporation to Present at the ThinkEquity Conference on October 30th

DENVER, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Pure Cycle Corporation (NASDAQ: PCYO) announced today that Mark W. Harding, President and CEO of Pure Cycle, will participate in the ThinkEquity Conference on October 30, 2025, at the Mandarin Oriental in New York City.

GlobeNewsWire • Oct 23, 2025

Pure Cycle Corporation (PCYO) Q3 2025 Earnings Call Transcript

Pure Cycle Corporation (NASDAQ:PCYO ) Q3 2025 Earnings Conference Call July 10, 2025 8:30 AM ET Company Participants Marc Stephen Spezialy - VP, CFO & Principal Accounting Officer Mark W. Harding - President, CEO, Principal Executive Officer & Director Conference Call Participants Elliot Knight - Unidentified Company Marc Stephen Spezialy Good morning, everybody, and welcome to Pure Cycle Corporation's third quarter earnings call.

Seeking Alpha • Jul 10, 2025

Pure Cycle Announces Financial Results For the Three and Nine Months Ended May 31, 2025

DENVER, CO / ACCESS Newswire / July 9, 2025 / Pure Cycle Corporation (NASDAQ Capital Market:PCYO) announced its financial results for the three and nine months ended May 31, 2025. Pure Cycle reported $2.3M of net income for the three months ended May 31, 2025, which marks our twenty-fourth consecutive fiscal quarter with positive net income.

Accesswire • Jul 9, 2025

Pure Cycle Corporation Announces Dates for Q3 2025 Earnings Presentation

DENVER, CO / ACCESS Newswire / June 30, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) will release financial results for the three and nine months ended May 31, 2025, on Wednesday, July 9, 2025, and hold an earnings presentation on Thursday, July 10, 2025, to discuss the results. For an interactive experience, including the ability to ask questions and view the slide presentation, please register and join the event via the link below.

Accesswire • Jun 30, 2025

Pure Cycle Corporation Announces Annual Investor Day and Virtual Q&A Session

DENVER, CO / ACCESS Newswire / June 27, 2025 / Pure Cycle Corporation (NASDAQ:PCYO) is pleased to announce it will be hosting its annual Investor Day on Wednesday, July 16, 2025. The in-person event will take place from 10:00 a.m.

Accesswire • Jun 27, 2025

Water Assets And Land Development: A Long-Term Infrastructure Play

Pure Cycle has evolved from a water utility to a land developer, leveraging valuable water assets and the Sky Ranch master-planned community for long-term growth. Sky Ranch's expansion offers strong potential, but the company faces slow development timelines and volatile oil and gas revenue streams, adding execution and timing risks. Free cash flow analysis shows Pure Cycle is fairly valued at current prices, with limited near-term upside unless oil and gas receipts rebound significantly.

Seeking Alpha • Jun 6, 2025

Top 2 Utilities Stocks That Could Lead To Your Biggest Gains In April

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Benzinga • Apr 17, 2025