PCYO (PCYO) financial statements
PCYO reported revenue of $26M in fiscal 2025, up 56.9% a year over 9 years.
Net income was $13M and the operating margin 29.4%, against -482.1% in 2016.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PCYO's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $452,161 | $1M | $7M | $20M | $26M | $17M | $23M | $15M | $29M | $26M |
| Cost of revenue | $528,759 | $803,306 | $4M | $14M | $18M | $6M | $7M | $7M | $9M | $10M |
| Gross profit | -$76,598 | $424,481 | $3M | $6M | $8M | $11M | $16M | $8M | $20M | $16M |
| Selling, general and admin | $2M | $2M | $3M | $3M | $4M | $5M | $6M | $5M | $7M | $8M |
| Operating income | -$2M | -$2M | -$308,727 | $3M | $2M | $5M | $10M | $2M | $12M | $8M |
| Interest expense | — | — | — | — | — | — | — | $206,000 | $439,000 | $426,000 |
| Pre-tax income | -$1M | -$2M | $132,680 | $4M | $9M | $27M | $13M | $6M | $16M | $17M |
| Income tax | $0 | $0 | -$282,000 | -$1M | $2M | $6M | $3M | $2M | $4M | $4M |
| Net income | -$1M | -$2M | $414,680 | $5M | $7M | $20M | $10M | $5M | $12M | $13M |
| EPS (diluted) | -$0.06 | -$0.07 | $0.02 | $0.20 | $0.28 | $0.83 | $0.40 | $0.19 | $0.48 | $0.54 |
| Diluted shares | 24M | 24M | 24M | 24M | 24M | 24M | 24M | 24M | 24M | 24M |
| Gross margin | -16.9% | 34.6% | 40.2% | 31.5% | 29.2% | 62.6% | 71.2% | 55.1% | 68.7% | 61.4% |
| Operating margin | -482.1% | -173.6% | -4.4% | 14.7% | 5.9% | 30.8% | 43.9% | 14.2% | 42.6% | 29.4% |
| Net margin | -289.9% | -139.3% | 6.0% | 23.6% | 26.1% | 117.4% | 41.8% | 32.2% | 40.4% | 50.3% |
Balance sheet
Fiscal years, from PCYO's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $28M | $26M | $20M | $10M | $22M | $20M | $35M | $26M | $22M | $22M |
| Receivables | $181,006 | $663,762 | $1M | $1M | $1M | $2M | $2M | $1M | $1M | $1M |
| Inventory | — | $0 | $5M | $12M | — | — | — | — | — | — |
| Total current assets | $29M | $27M | $28M | $24M | $26M | $39M | $38M | $30M | $38M | $32M |
| Property, plant and equipment | $28M | $35M | $37M | $50M | $55M | $57M | — | — | — | — |
| Total assets | $71M | $70M | $72M | $84M | $90M | $117M | $129M | $133M | $147M | $162M |
| Total current liabilities | $482,208 | $940,227 | $2M | $8M | $6M | $12M | $11M | $7M | $9M | $12M |
| Long-term debt | — | $0 | $0 | $0 | $0 | $0 | — | — | — | $6M |
| Total liabilities | $2M | $2M | $2M | $9M | $8M | $14M | $16M | $15M | $18M | $20M |
| Shareholders' equity | $69M | $68M | $69M | $75M | $82M | $103M | $113M | $118M | $130M | $143M |
| Net debt | -$5M | -$6M | -$12M | -$4M | -$22M | -$20M | -$35M | -$26M | -$22M | -$15M |
Cash flow
Fiscal years, from PCYO's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$270,729 | -$1M | $482 | $4M | $21M | $3M | $17M | -$2M | $2M | $13M |
| Capital spending | $472,310 | $95,385 | $445,286 | — | — | — | — | — | — | — |
| Free cash flow | -$743,039 | -$1M | -$444,804 | — | — | — | — | — | — | — |
| Stock-based compensation | $219,886 | $233,245 | $324,840 | $336,228 | $517,000 | $497,000 | $603,000 | $539,000 | $436,000 | $323,000 |
| Share buybacks (net) | — | — | — | — | — | — | — | — | -$581,000 | -$397,000 |
| Free cash flow margin | -164.3% | -93.5% | -6.4% | — | — | — | — | — | — | — |
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What was PCYO's revenue in 2025?
$26M in fiscal 2025, from its 10-K filing.
From PCYO's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.