Microcap Ledger

Tickers · $PCYO

Pure Cycle Corp $PCYO

By Microcap Ledger desk · CIK 0000276720

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Water Supply
Headquarters
Watkins, CO
Fiscal year end
August 31
Shares outstanding
24,097,370 [10-Q 2026-07-08]
as of 2026-07-06

Sources: [10-K 2025-11-12]

What the company doesAI summary of filing

Pure Cycle is a diversified company operating in three segments: wholesale water and wastewater services, land development, and single-family home rentals, all primarily in the Denver, Colorado area. The company owns and operates water supply, treatment, and distribution infrastructure serving approximately 1,600 water connections and 1,153 wastewater connections as of August 2025, primarily through the Rangeview District, and generates recurring monthly revenue from metered water usage fees, wastewater treatment fees, tap connection fees, and industrial water sales. The company develops the Sky Ranch master planned community, having delivered 1,169 finished lots to homebuilders and owns 14 single-family rental homes with plans to expand to over 200 rental homes; it is currently a revenue-generating enterprise with operations across all three business segments. [10-K 2025-11-12]

Segments: Water and Wastewater Services, Land Development, Single-Family Rental, Oil and Gas Royalties

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
9 months to May 2026$22.53M$8.62M −$1.72M$8.44M[10-Q 2026-07-08]
FY ended Aug 2025$26.09M$13.11M $13.16M$21.93M[10-K 2025-11-12]
FY ended Aug 2024$28.75M$11.61M $2.31M$22.11M[10-K 2025-11-12]
Quarterly cash burn
−$572.7K

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2024-11-1124,073,094[10-K 2024-11-13]
2025-01-0724,076,909[10-Q 2025-01-08]
2025-04-0724,076,305[10-Q 2025-04-09]
2025-07-0724,074,305[10-Q 2025-07-09]
2025-11-1024,080,605[10-K 2025-11-12]
2026-01-0624,090,605[10-Q 2026-01-07]
2026-04-0624,103,908[10-Q 2026-04-08]
2026-07-0624,097,370[10-Q 2026-07-08]

Listing status

Current status: No Form 8-K Item 3.01 (listing notice) filings in the last 24 months, as of 2026-10-11.

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-22Harding Mark Wexercise50,000$5.61[4 2026-09-23]
2026-09-22Harding Mark Wother25,271$11.10[4 2026-09-23]
2026-09-16Fink Christophergrant1,123—[4 2026-09-18]
2026-09-16Haecker Kelly Jgrant1,123—[4 2026-09-17]
2026-01-14Kozlowski Daniel Rgrant2,653—[4 2026-01-16]
2026-01-14Abel Wanda Jgrant2,653—[4 2026-01-15]
2026-01-14Roller Daniel Jgrant2,653—[4 2026-01-15]
2026-01-14Heitmann Susan Dianegrant2,653—[4 2026-01-15]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.