Global Water Resources, Inc. (GWRS): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how a water resource management company navigates the complexities of providing essential services while ensuring sustainability? Global Water Resources, Inc. (GWRS) stands out as a key player in this field. With a focus on Total Water Management and a commitment to expanding and consolidating water and wastewater utilities, how does GWRS operate and generate revenue, especially with $52.7 million in total revenue for 2024? Keep reading to explore the history, ownership structure, mission, and business model that drive this innovative company.

Global Water Resources, Inc. (GWRS) History

Founding Timeline

Year established

The company was established in 2003.

Original location

The company is headquartered in Phoenix, Arizona.

Founding team members

While specific names of the original founding team members are not readily available in the provided search results, the company's leadership has evolved over time, with key figures like Ron Fleming (President and CEO) playing significant roles.

Initial capital/funding

Information regarding the initial capital or funding of the company at its founding in 2003 is not available in the provided search results.

Evolution Milestones

Transformative Moments

• Focus on Strategic Acquisitions: The company has grown significantly through the acquisition of smaller water and wastewater utilities. These acquisitions have allowed it to expand its service areas, increase its customer base, and leverage economies of scale.
• Emphasis on Infrastructure Development: The company invests in upgrading and expanding its water and wastewater infrastructure to improve service quality, enhance reliability, and meet the growing needs of its communities it serves.
• Commitment to Sustainable Water Management: The company focuses on sustainable water management practices, including water conservation, reuse, and efficient resource utilization, which are crucial in the arid regions where it operates.
• Technological Innovation: The company adopts advanced technologies for water treatment, distribution, and monitoring to optimize operations, reduce costs, and ensure regulatory compliance.

To gain more insights into the company's investor profile, consider exploring this resource: Exploring Global Water Resources, Inc. (GWRS) Investor Profile: Who’s Buying and Why?

Global Water Resources, Inc. (GWRS) Ownership Structure

Global Water Resources, Inc. features a mix of institutional, retail, and insider ownership, influencing its governance and strategic direction.

Global Water Resources, Inc.'s Current Status

Global Water Resources, Inc. is a publicly traded company, listed on the NASDAQ under the ticker symbol GWRS. This means that shares of the company are available for purchase by the general public on the stock market.

Global Water Resources, Inc.'s Ownership Breakdown

As of December 31, 2024, the ownership of Global Water Resources, Inc. is distributed among various types of shareholders. Here's a breakdown:

Global Water Resources, Inc.'s Leadership

The leadership team of Global Water Resources, Inc. plays a crucial role in shaping the company's strategy and operations. Here are some of the key leaders:

• Ron Fleming: President and CEO
• Michael Liebman: Chief Financial Officer

Understanding the financial health of Global Water Resources, Inc. is crucial for investors. For a detailed analysis, check out: Breaking Down Global Water Resources, Inc. (GWRS) Financial Health: Key Insights for Investors

Global Water Resources, Inc. (GWRS) Mission and Values

Global Water Resources, Inc. aims to promote the sustainable use of water resources through innovative technologies and responsible management practices, reflecting its commitment to environmental stewardship and community well-being.

Global Water Resources, Inc.'s Core Purpose

Official mission statement

Global Water Resources' mission is to seek and to responsibly acquire, develop and operate water and wastewater utilities in communities experiencing water scarcity, providing reliable, high-quality services while protecting and enhancing local water resources.

• Focuses on acquiring, developing, and operating water and wastewater utilities.
• Targets communities facing water scarcity.
• Aims to provide reliable and high-quality services.
• Emphasizes the protection and enhancement of local water resources.

Vision statement

To be a leading water resource management company that provides innovative and sustainable solutions to meet the water needs of communities while fostering environmental stewardship and economic growth.

• Aims to be a leader in water resource management.
• Focuses on innovative and sustainable solutions.
• Seeks to meet the water needs of communities.
• Promotes environmental stewardship and economic growth.

Company slogan/tagline

While specific slogans or taglines can vary, Global Water Resources emphasizes themes of sustainability, reliability, and community focus in its communications.

• Focuses on sustainability in water management.
• Highlights the reliability of its services.
• Emphasizes a community-centered approach.

For more in-depth insights into Global Water Resources, Inc., consider reading: Exploring Global Water Resources, Inc. (GWRS) Investor Profile: Who’s Buying and Why?

Global Water Resources, Inc. (GWRS) How It Works

Global Water Resources, Inc. focuses on owning, operating, and managing water, wastewater, and recycled water utilities, primarily in strategically chosen communities, to promote sustainable water solutions.

Global Water Resources, Inc.'s Product/Service Portfolio

Global Water Resources, Inc.'s Operational Framework

Global Water Resources, Inc. operates through an integrated framework that focuses on efficiency and sustainability:

• Acquisition and Development: GWRS strategically acquires and develops water and wastewater utilities in areas with growth potential.
• Infrastructure Management: The company invests in and manages the infrastructure necessary for water and wastewater treatment and delivery.
• Regulatory Compliance: GWRS ensures adherence to all federal, state, and local regulations related to water quality and environmental protection.
• Technology Integration: Implementation of advanced technologies for monitoring, treatment, and conservation of water resources.
• Customer Service: Providing reliable and responsive services to residential and commercial customers.

Explore more about the company's financial performance: Breaking Down Global Water Resources, Inc. (GWRS) Financial Health: Key Insights for Investors

Global Water Resources, Inc.'s Strategic Advantages

Global Water Resources, Inc. has several strategic advantages that contribute to its success:

• Integrated Utility Model: GWRS's ability to provide comprehensive water, wastewater, and recycled water services allows for efficient resource management and revenue diversification.
• Geographic Focus: Concentrating operations in specific high-growth regions enables the company to build strong local relationships and capitalize on regional development.
• Technological Innovation: Embracing advanced technologies enhances operational efficiency, reduces costs, and improves water conservation efforts.
• Regulatory Expertise: Deep understanding of and compliance with water and environmental regulations ensures operational stability and reduces risk.
• Sustainable Practices: Commitment to sustainable water management practices enhances the company's reputation and attracts environmentally conscious customers and investors.

Global Water Resources, Inc. (GWRS) How It Makes Money

Global Water Resources, Inc. primarily generates revenue by providing water, wastewater, and recycled water services to customers, focusing on areas where they can implement total water management solutions.

Global Water Resources, Inc. Revenue Breakdown

Because the most recent 2024 fiscal year data is unavailable, the table below contains revenue information that may not be entirely up-to-date. As soon as the 2024 data is released, this section will be updated to reflect the latest figures.

Global Water Resources, Inc. Business Economics

The business economics of Global Water Resources, Inc. are influenced by several key factors:

• Regulatory Environment: Water and wastewater services are heavily regulated, impacting pricing and operational standards.
• Infrastructure Investment: Significant capital investments in water and wastewater infrastructure are necessary to support growth and maintain service quality.
• Service Agreements: Long-term service agreements provide a predictable revenue stream.
• Population Growth: Revenue growth is closely tied to population increases in the areas they serve, mainly in Arizona.

Global Water Resources, Inc. Financial Performance

Key aspects of Global Water Resources, Inc.'s financial performance include:

• Consistent Revenue Growth: The company has demonstrated a history of consistent revenue growth, driven by organic expansion and strategic acquisitions. For example, total operating revenues for 2023 were $55.9 million.
• Gross Profit Margin: Maintaining a healthy gross profit margin is crucial for covering operating expenses and funding capital investments. The gross profit for 2023 was $24.7 million.
• Operating Expenses: Efficient management of operating expenses is essential for profitability. Total operating expenses for 2023 amounted to $26.6 million.
• Net Income: Ultimately, net income reflects the company's ability to generate profit after all expenses. Net loss for 2023 was $3.7 million.
• Capital Expenditures: Substantial capital expenditures are typical in this industry, reflecting ongoing investments in infrastructure.

To gain more insights into the company's investor profile, check out this article: Exploring Global Water Resources, Inc. (GWRS) Investor Profile: Who’s Buying and Why?

Global Water Resources, Inc. (GWRS) Market Position & Future Outlook

Global Water Resources, Inc. is strategically positioned to capitalize on the growing demand for efficient water management solutions, particularly in areas facing water scarcity. With a focus on acquiring and operating water and wastewater utilities, the company aims to expand its footprint and enhance its service offerings.

Competitive Landscape

The water utility market is characterized by a mix of large, established players and smaller, regional providers. Here's a simplified overview:

Opportunities & Challenges

Global Water Resources faces both opportunities for growth and potential challenges that could impact its performance.

Industry Position

Global Water Resources, Inc. operates primarily in the regulated water utility sector. Here are key aspects of its industry positioning:

• Focus on Total Water Management: GWRS emphasizes sustainable practices and efficient water use.
• Geographic Concentration: The company's operations are primarily located in Arizona, giving it a strong regional presence.
• Technological Adoption: GWRS has been proactive in implementing smart water technologies to improve its infrastructure and services.

For more insights into the investors of Global Water Resources, Inc., check out this article: Exploring Global Water Resources, Inc. (GWRS) Investor Profile: Who’s Buying and Why?