Also trades as: ARTNA (NASDAQ) · $vol 1M

$34.01

+0.50 (+1.49%)

OTC · Utilities · Regulated Water · Tech Score Buy · Power 67 · $353.7M mcap · 3M float · 0.0016% daily turnover · Short 79% of daily vol

Revenue

$113M +4.6% ▲

5Y CAGR: +5.1%

Gross Profit

$42M -21.4% ▼

5Y CAGR: -1.2%

Operating Income

$36M +36.2% ▲

5Y CAGR: +9.8%

Net Income

$23M +11.9% ▲

5Y CAGR: +6.3%

EPS (Diluted)

$2.21 +11.6% ▲

5Y CAGR: +4.3%

EBITDA

$49M -1.4% ▼

5Y CAGR: +4.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$91M	$99M	$99M	$108M	$113M
YoY Growth	+3.1%	+8.8%	-0.0%	+9.2%	+4.6%
Cost of Revenue	$45M	$51M	$51M	$55M	$71M
Gross Profit	$46M	$48M	$48M	$53M	$42M
Gross Margin	50.1%	48.8%	48.8%	49.5%	37.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0
Operating Expenses	$23M	$24M	$26M	$27M	$6M
Operating Income	$22M	$24M	$22M	$26M	$36M
Operating Margin	24.5%	24.2%	22.7%	24.2%	31.5%
Interest Expense	$8M	$9M	$9M	$9M	$9M
Income Before Tax	$23M	$24M	$23M	$28M	$31M
Tax Expense	$6M	$6M	$6M	$7M	$8M
Net Income	$17M	$18M	$17M	$20M	$23M
Net Margin	18.5%	18.2%	16.9%	18.9%	20.2%
EPS (Diluted)	$1.79	$1.90	$1.67	$1.98	$2.21
EBITDA	$40M	$42M	$42M	$50M	$49M
Shares Outstanding	9M	9M	10M	10M	10M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$29M	$27M	$26M	$29M	$30M	$28M	$28M	$31M
Cost of Revenue	$13M	$15M	$13M	$14M	$18M	$19M	$18M	$18M
Gross Profit	$16M	$12M	$12M	$15M	$12M	$9M	$10M	$12M
Gross Margin	54.2%	44.9%	48.1%	52.7%	40.3%	32.2%	35.8%	40.5%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$0	$0	$0	$0	$0	$0	$0
Operating Expenses	$7M	$6M	$7M	$7M	$1M	$2M	$2M	$2M
Operating Income	$9M	$6M	$6M	$8M	$11M	$7M	$8M	$11M
Operating Margin	29.5%	21.0%	21.4%	27.5%	36.4%	25.4%	30.0%	35.5%
Interest Expense	$2M	$2M	$2M	$2M	$2M	$2M	$2M	$2M
Income Before Tax	$9M	$5M	$7M	$8M	$9M	$5M	$8M	$9M
Tax Expense	$2M	$1M	$2M	$2M	$2M	$1M	$2M	$2M
Net Income	$7M	$4M	$5M	$6M	$7M	$4M	$6M	$7M
Net Margin	23.4%	14.3%	21.0%	22.0%	22.8%	14.8%	21.4%	21.4%
EPS (Diluted)	$0.66	$0.37	$0.53	$0.61	$0.68	$0.40	$0.57	$0.64
EBITDA	$15M	$11M	$13M	$14M	$15M	$11M	$14M	$14M
Shares Outstanding	10M	10M	10M	10M	10M	10M	10M	10M

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