Artesian Resources Corporation (ARTNA) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	116.9M	112.9M	108.0M	98.9M	98.9M
Cost of Revenue	73.3M	70.9M	54.5M	50.6M	50.6M
Gross Profit	43.7M	42.0M	53.4M	48.2M	48.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	6.3M	6.4M	27.3M	25.8M	24.4M
Total Operating Expenses	6.3M	6.4M	27.3M	25.8M	24.4M
Cost and Expenses	79.5M	77.3M	81.8M	76.4M	75.0M
Operating Income (EBIT)	37.4M	35.6M	26.2M	22.4M	23.9M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	8.9M	8.7M	8.8M	9.2M	8.5M
Net Interest Income	(8.9M)	(8.7M)	(8.8M)	(9.2M)	(8.5M)
Other Non-Op Income/Expense	(5.7M)	(5.0M)	1.6M	601.0K	(30.0K)
Non-Operating Income (excl Interest)	(3.0M)	(3.7M)	(10.3M)	(6.3M)	(5.9M)
EBT (Pre-Tax Income)	31.7M	30.7M	27.7M	23.0M	23.9M
Income Tax Expense	8.1M	7.8M	7.3M	6.3M	5.9M
Bottom Line
Net Income	23.6M	22.8M	20.4M	16.7M	18.0M
Earnings from Cont. Ops	23.6M	22.8M	20.4M	16.7M	18.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	23.6M	22.8M	20.4M	16.7M	18.0M
Per Share
Basic EPS	$2.30	$2.21	$1.98	$1.67	$1.90
Diluted EPS	$2.29	$2.21	$1.98	$1.67	$1.90
Revenue Per Share	$11.33	$10.96	$10.49	$9.87	$10.45
Shares
Basic Shares Outstanding	10.3M	10.3M	10.3M	10.0M	9.5M
Diluted Shares Outstanding	10.3M	10.3M	10.3M	10.0M	9.5M
Profitability Metrics
EBITDA	54.4M	53.1M	50.1M	42.1M	42.4M
D&A	14.0M	13.8M	13.6M	13.3M	12.6M
EBIT	40.4M	39.3M	36.5M	28.8M	29.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026