Rubicon Water Limited provided revenue guidance for the second half and fiscal year 2022. Previous expectations were for second half of fiscal year 2022 revenue to exceed the prior comparable period (second half of fiscal year 2021 $41 million); however, due to delays in the signing of contracts, some with existing customers, this revenue is now expected to occur in first quarter and First half of fiscal year 2023.

The company forecasts fiscal year 2022 revenue of $64 million.