Company: WBI
Filing Date: 2025-09-08
Form Type: S-1/A
Source: 0000950170-25-113383
Chunk: 155

Company: WaterBridge Infrastructure LLC
Filing Date: 2025-09-08
Form: S-1/A
Chunk 155
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 (2 
  (3 
 200 
  15 
  (1 | )% 
 )% 
 %  
 %  
 )% |
|:-------------------------------|:----|:--------------------------|------:|:----|:-----|------:|:----|:-----------|------:|:--|:----|:-----------|----:|:---|
| Produced water handling        |     | $                         |  0.77 |     | $    |  0.77 |     | $          |     - |   |     |            |   0 | %  |
| Water solutions                |     | $                         |  0.41 |     | $    |  0.26 |     | $          |  0.15 |   |     |            |  58 | %  |
| Total revenues (2)             |     | $                         |  0.74 |     | $    |  0.74 |     | $          |     - |   |     |            |   0 | %  |
| Direct operating costs         |     | $                         |  0.29 |     | $    |  0.27 |     | $          |  0.02 |   |     |            |   7 | %  |
| Gross margin (3)               |     | $                         |  0.20 |     | $    |  0.23 |     | $          | (0.03 | ) |     |            | (13 | )% |
| Adjusted Operating Margin (4)  |     | $                         |  0.47 |     | $    |  0.48 |     | $          | (0.01 | ) |     |            |  (2 | )% |

(1) Operating metrics ($/Bbl) are calculated independently, and the sum of individual amounts many not equal the total presented due to rounding. (2) Total Revenues ($/Bbl) does not include Other Revenues. (3) Gross margin in calculated as Total revenues less Total cost of revenues. (4) Adjusted Operating Margin is a non-GAAP financial measure. See “Summary—Summary Historical and Pro Forma Financial Data—Non-GAAP Financial Measures” below for more information regarding these non-GAAP measures and reconciliations to the most comparable GAAP measures. The table below