Quarterly report [Sections 13 or 15(d)]

SIGNIFICANT CUSTOMERS

v3.25.4
SIGNIFICANT CUSTOMERS
3 Months Ended
Nov. 30, 2025
SIGNIFICANT CUSTOMERS.  
SIGNIFICANT CUSTOMERS

NOTE 9 – SIGNIFICANT CUSTOMERS

The Company has significant customers. The tables below present the percentage of total revenue for the reported customers for the three months ended November 30, 2025 and 2024. For water and wastewater customers, the Company provides services on behalf of the Rangeview District, for which the significant end users include Sky Ranch CAB and two oil and gas operators. The home builders at Sky Ranch account for lot purchase revenue and also for water and wastewater tap fee revenues.

Three Months Ended

% of Total Revenue Generated From:

November 30, 2025

November 30, 2024

Oakwood

36

%

%

Melody (DR Horton)

15

%

11

%

Pulte Group

13

%

%

Sky Ranch CAB

11

%

10

%

Lennar

8

%

25

%

Taylor Morrison

6

%

%

KB Home

2

%

16

%

Two oil & gas operators

3

%

15

%