Pure Cycle Corporation: Business Overview, Financials & Competitive Analysis

Pure Cycle Corporation Overview

Pure Cycle Corporation is a diversified land and water resource development company based in Colorado that possesses a lucrative portfolio of land and water rights in the fastest growing sector of the Denver metropolitan area. As a vertically integrated water and wastewater resource development company, it owns and manages a full ecosystem of facilities needed to withdraw, store, treat, deliver and collect water and wastewater.

Strategic Profile

The company owns or controls water rights estimated to serve 60,000 single-family equivalent units. Pure Cycle is an innovative and vertically integrated wholesale water and wastewater service provider which also develops land into master planned communities and operates long-term build-to-rent properties. Its water supplies and facilities are located in southeast Denver, an area with limited water and water infrastructure, providing a unique competitive advantage as water is sourced near customers.

Competitive Landscape

Pure Cycle primarily serves wholesale customers, mainly local governmental entities that deliver water and wastewater services to residents and businesses in the greater Denver metropolitan area. The company's integrated utility, development, and rental model is relatively unique among pure-play water utilities, though it competes with larger regional water providers and real estate developers for components of its business.

Industry Context

Pure Cycle Corporation operates in Water Utilities & Land Development / Clean Technology.

Key facts

Headquarters: Watkins, Colorado · Employees: 44 · Revenue: $26.1M