$YORW
YORK WATER CO

2023 Q2 Form 10-Q Financial Statement

#000010898523000042 Filed on May 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $18.77M $15.40M $14.24M
YoY Change 25.96% 8.15% 8.86%
Cost Of Revenue $3.451M
YoY Change 22.81%
Gross Profit $10.79M
YoY Change 5.05%
Gross Profit Margin 75.77%
Selling, General & Admin $2.757M $2.666M $2.657M
YoY Change 6.9% 0.34% 10.25%
% of Gross Profit 24.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.019M $2.814M $2.480M
YoY Change 21.1% 13.47% 14.08%
% of Gross Profit 22.99%
Operating Expenses $10.25M $9.983M $5.491M
YoY Change 89.48% 81.81% 11.61%
Operating Profit $8.516M $5.418M $5.298M
YoY Change 29.54% 2.27% -1.05%
Interest Expense -$834.0K $1.513M $1.297M
YoY Change -169.21% 16.65% 6.84%
% of Operating Profit -9.79% 27.93% 24.48%
Other Income/Expense, Net -$445.0K -$1.222M -$1.670M
YoY Change -67.73% -26.83% 23.07%
Pretax Income $7.237M $4.196M $3.628M
YoY Change 39.31% 15.66% -9.23%
Income Tax $713.0K $543.0K -$231.0K
% Of Pretax Income 9.85% 12.94% -6.37%
Net Earnings $6.524M $3.653M $3.859M
YoY Change 29.73% -5.34% 4.16%
Net Earnings / Revenue 34.76% 23.72% 27.1%
Basic Earnings Per Share $0.45 $0.26 $0.29
Diluted Earnings Per Share $0.46 $0.26 $0.29
COMMON SHARES
Basic Shares Outstanding 14.30M 14.29M 13.11M
Diluted Shares Outstanding 14.29M 14.28M 13.11M

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.000K $166.0K $1.000K
YoY Change -99.96% 16500.0% -99.0%
Cash & Equivalents $1.000K $166.0K $1.000K
Short-Term Investments
Other Short-Term Assets $5.365M $5.214M $4.557M
YoY Change 20.29% 14.42% -5.06%
Inventory $3.532M $3.187M $2.107M
Prepaid Expenses $1.496M $1.741M
Receivables $5.987M $5.419M $3.977M
Other Receivables $475.0K $1.251M $1.352M
Total Short-Term Assets $15.36M $14.87M $11.99M
YoY Change -1.58% 23.95% 14.92%
LONG-TERM ASSETS
Property, Plant & Equipment $461.0M $1.594M $390.6M
YoY Change 64738.54% -99.59% 53042.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $66.92M $4.636M $66.07M
YoY Change 1389.49% -92.98% 1515.31%
Total Long-Term Assets $528.2M $509.6M $456.9M
YoY Change 12.05% 11.54% 14.53%
TOTAL ASSETS
Total Short-Term Assets $15.36M $14.87M $11.99M
Total Long-Term Assets $528.2M $509.6M $456.9M
Total Assets $543.5M $524.5M $468.9M
YoY Change 11.61% 11.86% 14.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.38M $10.86M $7.580M
YoY Change 57.39% 43.32% 14.45%
Accrued Expenses $3.683M $718.0K $3.113M
YoY Change 864.14% -76.94% 505.64%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.500M
YoY Change
Total Short-Term Liabilities $21.30M $17.40M $21.10M
YoY Change -5.88% -17.54% 70.73%
LONG-TERM LIABILITIES
Long-Term Debt $157.8M $149.6M $144.0M
YoY Change 43.9% 3.89% 17.95%
Other Long-Term Liabilities $100.9M $791.0K $98.26M
YoY Change 8794.01% -99.2% 4348.35%
Total Long-Term Liabilities $258.7M $150.4M $144.0M
YoY Change 133.56% 4.44% 15.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.30M $17.40M $21.10M
Total Long-Term Liabilities $258.7M $150.4M $144.0M
Total Liabilities $331.0M $167.8M $314.5M
YoY Change 148.11% -46.65% 130.14%
SHAREHOLDERS EQUITY
Retained Earnings $77.35M $73.72M
YoY Change 13.83%
Common Stock $135.2M $134.7M
YoY Change 1.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $212.5M $208.4M $154.4M
YoY Change
Total Liabilities & Shareholders Equity $543.5M $524.5M $468.9M
YoY Change 11.61% 11.86% 14.54%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income $6.524M $3.653M $3.859M
YoY Change 29.73% -5.34% 4.16%
Depreciation, Depletion And Amortization $3.019M $2.814M $2.480M
YoY Change 21.1% 13.47% 14.08%
Cash From Operating Activities $8.372M $6.224M $5.333M
YoY Change 47.39% 16.71% -19.16%
INVESTING ACTIVITIES
Capital Expenditures $19.14M $10.58M -$7.504M
YoY Change -266.47% -241.0% 1.0%
Acquisitions
YoY Change
Other Investing Activities -$35.00K
YoY Change
Cash From Investing Activities -$19.18M -$10.58M -$7.504M
YoY Change 66.77% 41.0% 0.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $39.22M $8.289M
YoY Change 373.21% -37.1%
Cash From Financing Activities 10.64M 4.522M 2.171M
YoY Change 25.75% 108.29% -152.78%
NET CHANGE
Cash From Operating Activities 8.372M 6.224M 5.333M
Cash From Investing Activities -19.18M -10.58M -7.504M
Cash From Financing Activities 10.64M 4.522M 2.171M
Net Change In Cash -165.0K 165.0K 0.000
YoY Change -106.24% -100.0%
FREE CASH FLOW
Cash From Operating Activities $8.372M $6.224M $5.333M
Capital Expenditures $19.14M $10.58M -$7.504M
Free Cash Flow -$10.77M -$4.357M $12.84M
YoY Change -162.7% -133.94% -8.48%

Facts In Submission

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