Core Insights - The article emphasizes the importance of understanding personal experiences with financial investments, drawing a parallel between everyday situations and investment decisions [1] Group 1: Analyst Background - Scott Kaufman, known as Treading Softly, has over a decade of experience in the financial sector, focusing on high-quality dividend growth and undervalued investment opportunities [1] - Kaufman serves as the lead analyst for Dividend Kings, aiming to provide actionable insights that lead to substantial cash dividends and strong capital gains [1] Group 2: Investment Philosophy - The primary focus is on achieving a robust total return through a combination of cash dividends and capital appreciation [1]

When was the last time that you turned on the faucet in your house and no water came out? What did you do when that happened, if you can remember a time of that occurring?Scott Kaufman, aka Treading Softly, learned about investing firsthand from over a decade of financial sector experience. He is the lead analyst for Dividend Kings providing actionable insight into high quality dividend growing and undervalued opportunities. His focus is to see a bountiful harvest of cash dividends and strong capital gains, ...

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATESVancouver, B.C. – January 16, 2026 – TheNewswire - Lighthouse Gold Inc. ("Company") (CSE: LGHT) is pleased to announce that due to significant market demand, the Company has increased the size of its previously announced non-brokered private placement from $700,000 to $854,000.  The upsized offering (the “Offering”) will consist of up to 12,200,000 units of the Company (the “Units”) at a price of $0.07 ...

Core Insights - The article discusses the journey towards achieving financial independence through dividend growth investing, highlighting its importance in shifting focus from mere survival to financial freedom [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since 2009 [1]. - The blog "Kody's Dividends" documents the author's journey towards financial independence, emphasizing the role of dividend growth investing in this process [1]. - The author expresses gratitude for the blog's role in connecting with the Seeking Alpha community as an analyst [1]. Group 2 - The article does not provide specific investment recommendations or advice, emphasizing that past performance is not indicative of future results [2]. - It clarifies that Seeking Alpha's analysts are third-party authors, which may include both professional and individual investors without necessary licensing or certification [2].

Core Insights - The article discusses the journey towards achieving financial independence through dividend growth investing, highlighting the importance of financial freedom in reducing stress and shifting focus towards personal goals [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since 2009 [1]. - The blog "Kody's Dividends" documents the author's journey towards financial independence, emphasizing the role of dividend growth investing in this process [1]. - The author expresses gratitude for the blog's role in connecting with the Seeking Alpha community as an analyst [1].

Core Points - Artesian Resources Corporation announced the approval to return proceeds from a national class action settlement regarding PFAS contamination to its customers [1][2] - The company has received approximately $7.2 million from 3M, which will be used to provide a credit of about $73 to active Delaware water customers as of December 1, 2025 [2][3] - Artesian emphasizes its commitment to delivering safe and reliable water, having proactively tested for and treated PFAS prior to federal regulations [3] Company Overview - Artesian Resources Corporation operates as a holding company for subsidiaries providing water and wastewater services on the Delmarva Peninsula [4] - Artesian Water Company is the oldest and largest regulated water utility in the region, supplying 9.5 billion gallons of water annually through 1,491 miles of water main to over a third of Delaware residents [4]

Financial Performance - Total operating revenues for the three months ended September 30, 2025, increased to $30,491,000, up 4.6% from $29,142,000 in the same period of 2024[12] - Net income applicable to common stock for the nine months ended September 30, 2025, rose to $18,687,000, representing a 12.9% increase from $16,549,000 in 2024[12] - Operating income for the nine months ended September 30, 2025, was $22,019,000, an increase of 7.3% from $20,508,000 in 2024[12] - Net income for the third quarter of 2025 was reported at $6,962,000, representing an increase of 10.8% compared to $6,813,000 in the previous quarter[18] - Consolidated revenues for the three months ended September 30, 2025, totaled $30,491 thousand, an increase from $29,142 thousand in the same period of 2024[125] - Artesian's total operating revenue for the nine months ended September 30, 2025, was $84.926 million, an increase from $81.102 million in the same period of 2024, representing a growth of approximately 3.5%[56] Cash and Assets - Cash and cash equivalents at the end of the period decreased to $705,000 from $1,147,000 at the end of 2024, reflecting a decrease of 38.5%[16] - Total assets increased to $833,908,000 as of September 30, 2025, compared to $798,623,000 as of December 31, 2024, marking a growth of 4.4%[9] - The total retained earnings as of September 30, 2025, reached $94,214,000, an increase from $84,969,000 as of December 31, 2024, indicating a growth of 10.5%[18] - As of September 30, 2025, net accounts receivable decreased to $8,161,000 from $11,339,000 in December 31, 2024, reflecting a decline of approximately 28.5%[62] - The carrying amount of long-term debt as of September 30, 2025, was $176,885,000, with an estimated fair value of $157,065,000, reflecting a difference primarily due to interest rate variations[69] Revenue Sources - Water sales for the three months ended September 30, 2025, were $24,837,000, up 3.1% from $24,092,000 in the same period of 2024[12] - Tariff revenue for the three months ended September 30, 2025, was $27.803 million, compared to $26.876 million in 2024, reflecting an increase of about 3.4%[56] - Non-tariff revenue for the nine months ended September 30, 2025, reached $6.218 million, up from $5.475 million in 2024, indicating a growth of approximately 13.5%[56] - Industrial wastewater services revenue for the nine months ended September 30, 2025, was $1.464 million, compared to $1.390 million in 2024, marking an increase of about 5.3%[56] - Service line protection plan revenue for the three months ended September 30, 2025, was $1.643 million, up from $1.468 million in 2024, reflecting a growth of about 11.9%[56] Stockholder Information - Total stockholders' equity increased to $248,843,000 as of September 30, 2025, compared to $239,189,000 as of December 31, 2024, reflecting a growth of 4.0%[9] - The company declared cash dividends per share of common stock at $0.3074 for the three months ended September 30, 2025, compared to $0.2955 in 2024, an increase of 6.4%[12] - Cash dividends declared for the third quarter of 2025 amounted to $3,169,000, consistent with the previous quarter's dividend[18] - The balance of additional paid-in capital as of September 30, 2025, was $144,316,000, reflecting an increase from $143,920,000 as of December 31, 2024[18] Operational Highlights - The company operates wastewater treatment facilities with a combined capacity of approximately 3.8 million gallons per day, serving the Town of Middletown under a 20-year contract[28] - The company’s subsidiaries include regulated entities providing water and wastewater services across Delaware, Maryland, and Pennsylvania, contributing to its overall revenue[22][24][25] - The company continues to focus on operational efficiency and cost management to support its growth strategy in both regulated and non-regulated segments[127] Regulatory and Compliance - Artesian Water requested a revenue increase of approximately $16.7 million, or 22.7%, which was approved as a temporary rate increase of approximately $10.8 million, or 14.6%, effective November 28, 2023[109] - A settlement agreement approved on June 12, 2024, authorized a total revenue increase of $11.2 million, or approximately 15.2%, effective from that date[109] - The company has a deferred income tax regulatory liability of $26.518 million as of September 30, 2025, reflecting adjustments from the Tax Cuts and Jobs Act[102] Future Outlook - The company is preparing for the adoption of new accounting standards regarding income tax disclosures, effective for fiscal years beginning after December 15, 2024, which will require additional disclosures but is not expected to impact operations or cash flows[128] - The company plans to enhance its non-utility businesses, which include service line protection plans and engineering services, although these do not meet the quantitative thresholds for reportable segments[127]

Earnings Announcement - Artesian Resources Corporation announced its earnings for the quarter and nine months ended September 30, 2025[4]. - The press release detailing the earnings was issued on November 3, 2025[5]. - The report was signed by Chief Financial Officer David B. Spacht on October 31, 2025[9]. Company Classification - The company is not classified as an emerging growth company under the Securities Act of 1933[3]. Financial Statements - The financial statements and exhibits related to the earnings report are included in Exhibit 99.1[5].

Core Insights - Artesian Resources (ARTNA) reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.66 per share, and showing an increase from $0.66 per share a year ago, resulting in an earnings surprise of +3.03% [1] - The company achieved revenues of $30.49 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.64% and up from $29.14 million year-over-year [2] - Artesian Resources has outperformed consensus EPS estimates three times in the last four quarters [2] Earnings Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3] - The current consensus EPS estimate for the upcoming quarter is $0.37 on revenues of $28 million, while for the current fiscal year, it is $2.16 on revenues of $112 million [7] Industry Context - The Utility - Water Supply industry, to which Artesian Resources belongs, is currently ranked in the top 17% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5] Stock Performance - Artesian Resources shares have increased by approximately 2.7% since the beginning of the year, in contrast to the S&P 500's gain of 17.2% [3] - The estimate revisions trend for Artesian Resources was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

Core Insights - Artesian Resources Corporation reported a net income of $7.0 million for Q3 2025, reflecting a 2.2% increase from Q3 2024, with diluted net income per share rising 3.0% to $0.68 [2][9] - Year-to-date net income reached $18.7 million, a 12.9% increase compared to the same period in 2024, with total revenues of $84.9 million, up 4.7% year-over-year [9][10] Financial Performance - Q3 revenues totaled $30.5 million, an increase of $1.3 million or 4.6% compared to Q3 2024 [2] - Water sales revenue increased by $0.7 million or 3.1%, driven by a temporary rate increase and a growing customer base, despite a slight decrease in consumption [3] - Other utility operating revenue rose by approximately $0.4 million or 12.6%, mainly due to increased wastewater revenue from additional customers [4] - Non-utility operating revenue increased by approximately $0.2 million or 10.8%, attributed to higher Service Line Protection Plan revenue [4] Operating Expenses - Operating expenses, excluding depreciation and income taxes, increased by $1.0 million or 6.7% in Q3 2025 compared to Q3 2024 [5] - Utility operating expenses rose by $1.3 million or 10.8%, with payroll and employee benefits being the largest contributors to the increase [5] - Year-to-date operating expenses, excluding depreciation and income taxes, increased by $1.7 million or 3.9% [12] Capital Investments - The company invested $40.5 million in water and wastewater infrastructure projects in the first nine months of 2025, focusing on renewing aging infrastructure and enhancing service reliability [16][17] Strategic Outlook - The company is committed to executing its strategic growth plan, focusing on operational efficiency and regulatory compliance to support sustainable growth [8]