Global Water Resources Inc (GWRS) Financial

Global Water Resources, Inc. engages in the operation and management of water, wastewater, and recycled water utilities. The company is headquartered in Phoenix, Arizona and currently employs 122 full-time employees. The company went IPO on 2016-04-28. The firm owns and operates about 32 systems which provide water, wastewater, and recycled water services. Its service areas are located primarily in corridors around metropolitan Phoenix and Tucson, Arizona. The company seeks to deploy an integrated approach, referred to as Total Water Management. Total Water Management is a comprehensive approach to water utility management that reduces demand on scarce non-renewable water sources and costly renewable water supplies, in a manner that ensures sustainability and communities both environmentally and economically. The company treats water to potable standards and also treats, cleans, and recycles wastewater for a variety of non-potable uses. Its water supplies are derived from groundwater. The company serves more than 111,000 people in over 36,000 homes within its 409 square miles of ACC-designated service areas. The firm recycles over one billion gallons of water annually.