Global Water Resources Q2 Growth Boosted

Global Water Resources(NASDAQ:GWRS) reported fiscal second quarter ended June 30, 2025, results on August 13, 2025, with revenue up 5.4% year over year to $6.9 million in adjusted EBITDA and the closing of a major Tucson acquisition. The call also highlighted 3.8% organic service connection growth year over year, $35.4 million in infrastructure investment year to date, and regulatory and legislative developments supporting long-term portfolio expansion. Key insights include acquisition integration, rate case progress, and growth drivers tied to regional legislation and infrastructure milestones.The Tucson acquisition added approximately 2,200 connections and $7.7 million in rate base at a 1.05x rate base multiple, closing after the fiscal second quarter ended June 30, 2025. This price is notably below peer average acquisition multiples of 1.5x to 2.0x, and the acquired systems are geographically close to existing assets, creating operational synergies.The acquisition's below-market price and proximity to existing systems are expected to drive immediate accretion and long-term value through cost synergies and incremental organic growth in Pima County.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool