Quarterly report [Sections 13 or 15(d)]

SIGNIFICANT CUSTOMERS

v3.26.1
SIGNIFICANT CUSTOMERS
9 Months Ended
May 31, 2026
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 nine months ended May 31, 2026 and 2025. For water and wastewater customers, the Company provides services on behalf of the Rangeview District, whose significant end users include Sky Ranch CAB and two oil and gas operators. The homebuilders at Sky Ranch account for lot purchase revenue and also for water and wastewater tap fee revenues.

Nine Months Ended

% of Total Revenue Generated From:

May 31, 2026

May 31, 2025

Oakwood

26

%

%

Melody (DR Horton)

17

%

12

%

Two oil & gas operators

13

%

6

%

Pulte Group

12

%

%

Sky Ranch CAB

9

%

8

%

Lennar

5

%

21

%

KB Home

4

%

20

%

Challenger

1

%

7

%