Artesian Resources Corp
NASDAQ:ARTNA
Income Statement
Earnings Waterfall
Artesian Resources Corp
Revenue
|
98.9m
USD
|
Operating Expenses
|
-70.1m
USD
|
Operating Income
|
28.8m
USD
|
Other Expenses
|
-12.1m
USD
|
Net Income
|
16.7m
USD
|
Income Statement
Artesian Resources Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
69
N/A
|
70
+1%
|
70
+0%
|
71
+2%
|
72
+2%
|
74
+1%
|
75
+2%
|
76
+2%
|
77
+1%
|
78
+1%
|
77
0%
|
78
+1%
|
79
+1%
|
80
+1%
|
81
+1%
|
81
+1%
|
82
+1%
|
82
0%
|
82
0%
|
81
-1%
|
80
-1%
|
81
+1%
|
81
+1%
|
82
+1%
|
84
+2%
|
84
+1%
|
85
+1%
|
87
+3%
|
88
+1%
|
89
+1%
|
90
+1%
|
90
+0%
|
91
+1%
|
92
+2%
|
95
+3%
|
96
+2%
|
99
+3%
|
99
+0%
|
99
+0%
|
99
0%
|
99
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(49)
|
(49)
|
(50)
|
(50)
|
(50)
|
(50)
|
(50)
|
(51)
|
(52)
|
(52)
|
(52)
|
(53)
|
(52)
|
(52)
|
(53)
|
(54)
|
(55)
|
(56)
|
(56)
|
(56)
|
(56)
|
(57)
|
(57)
|
(58)
|
(58)
|
(59)
|
(59)
|
(59)
|
(60)
|
(61)
|
(62)
|
(62)
|
(63)
|
(64)
|
(65)
|
(66)
|
(69)
|
(70)
|
(71)
|
(72)
|
(70)
|
|
Depreciation & Amortization |
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
|
Operations Maintenance |
(35)
|
(34)
|
(35)
|
(35)
|
(35)
|
(35)
|
(34)
|
(35)
|
(36)
|
(36)
|
(36)
|
(37)
|
(36)
|
(36)
|
(37)
|
(38)
|
(38)
|
(38)
|
(38)
|
(38)
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
(40)
|
(40)
|
(41)
|
(41)
|
(41)
|
(41)
|
(42)
|
(43)
|
(42)
|
(44)
|
(45)
|
(46)
|
(47)
|
(46)
|
|
Other Operating Expenses |
(6)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(13)
|
(13)
|
(12)
|
(12)
|
(11)
|
|
Operating Income |
20
N/A
|
21
+3%
|
20
-4%
|
21
+7%
|
22
+5%
|
23
+4%
|
26
+10%
|
26
+1%
|
25
-2%
|
26
+1%
|
25
-2%
|
26
+2%
|
27
+5%
|
27
+1%
|
27
+0%
|
27
-2%
|
27
-1%
|
26
-3%
|
26
+0%
|
25
-4%
|
24
-5%
|
24
+1%
|
24
-1%
|
24
+1%
|
25
+4%
|
25
+1%
|
26
+4%
|
28
+5%
|
28
+0%
|
28
0%
|
28
0%
|
28
+0%
|
28
+0%
|
28
+1%
|
29
+3%
|
31
+4%
|
30
-3%
|
29
-3%
|
28
-3%
|
27
-4%
|
29
+6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
|
Total Other Income |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
4
|
3
|
|
Pre-Tax Income |
14
N/A
|
15
+5%
|
14
-6%
|
15
+9%
|
16
+7%
|
17
+5%
|
19
+13%
|
20
+4%
|
19
-2%
|
20
+3%
|
19
-2%
|
20
+3%
|
21
+7%
|
22
+2%
|
22
0%
|
21
-2%
|
21
+0%
|
21
-2%
|
21
+2%
|
21
-3%
|
19
-7%
|
19
0%
|
19
-2%
|
19
+1%
|
20
+6%
|
21
+3%
|
22
+5%
|
23
+4%
|
23
-1%
|
23
+1%
|
23
0%
|
23
0%
|
23
0%
|
23
+2%
|
24
+3%
|
25
+5%
|
24
-4%
|
23
-4%
|
22
-3%
|
22
-3%
|
23
+7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Income from Continuing Operations |
8
|
9
|
8
|
9
|
10
|
10
|
11
|
12
|
11
|
12
|
11
|
12
|
13
|
13
|
13
|
13
|
13
|
13
|
14
|
14
|
15
|
15
|
15
|
15
|
15
|
15
|
16
|
17
|
17
|
17
|
17
|
17
|
17
|
17
|
18
|
19
|
18
|
17
|
17
|
16
|
17
|
|
Net Income (Common) |
8
N/A
|
9
+5%
|
8
-6%
|
9
+9%
|
10
+7%
|
10
+5%
|
11
+13%
|
12
+3%
|
11
-3%
|
12
+3%
|
11
-2%
|
12
+6%
|
13
+7%
|
13
+2%
|
13
+2%
|
13
-3%
|
14
+7%
|
14
+3%
|
15
+5%
|
15
0%
|
14
-5%
|
14
+1%
|
14
-1%
|
15
+4%
|
15
+1%
|
15
+3%
|
16
+5%
|
17
+4%
|
17
+0%
|
17
+1%
|
17
0%
|
17
N/A
|
17
0%
|
17
+2%
|
18
+3%
|
19
+6%
|
18
-4%
|
17
-4%
|
17
-4%
|
16
-6%
|
17
+7%
|
|
EPS (Diluted) |
0.93
N/A
|
0.97
+4%
|
0.91
-6%
|
0.99
+9%
|
1.06
+7%
|
1.11
+5%
|
1.25
+13%
|
1.29
+3%
|
1.26
-2%
|
1.28
+2%
|
1.25
-2%
|
1.32
+6%
|
1.41
+7%
|
1.45
+3%
|
1.47
+1%
|
1.41
-4%
|
1.51
+7%
|
1.54
+2%
|
1.62
+5%
|
1.61
-1%
|
1.53
-5%
|
1.54
+1%
|
1.52
-1%
|
1.58
+4%
|
1.6
+1%
|
1.66
+4%
|
1.74
+5%
|
1.8
+3%
|
1.79
-1%
|
1.81
+1%
|
1.8
-1%
|
1.8
N/A
|
1.79
-1%
|
1.81
+1%
|
1.86
+3%
|
1.97
+6%
|
1.9
-4%
|
1.81
-5%
|
1.66
-8%
|
1.51
-9%
|
1.67
+11%
|