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DISAGGREGATION OF REVENUE
 12 Months Ended
Sep. 30, 2025
DISAGGREGATION OF REVENUE  
DISAGGREGATION OF REVENUE

6.

DISAGGREGATION OF REVENUE

The Company disaggregates revenue based on the following lines of service: (1) Gas & Water Distribution, (2) Gas & Petroleum Transmission, and (3) Electrical, Mechanical, & General services and construction. Our contract types are: Lump Sum, Unit Price, Cost Plus and T&M. The following tables present our disaggregated revenue for the fiscal years ended September 30, 2025 and 2024:

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Twelve Months Ended September 30, 2025

​

​

​

​

​

​

​

​

Electrical,

​

​

​

​

  ​ ​ ​

Gas & Water

  ​ ​ ​

Gas & Petroleum

  ​ ​ ​

Mechanical,

  ​ ​ ​

 Total revenue

​

​

Distribution

​

Transmission

​

& General

​

from contracts

Lump sum contracts

​

$

—

​

$

—

​

$

141,753,561

​

$

141,753,561

Unit price contracts

​

 

149,574,917

​

 

48,061,502

​

 

4,139,223

​

 

201,775,642

Cost plus and T&M contracts

​

 

—

​

 

16,524,635

​

 

50,947,535

​

 

67,472,170

Total revenue from contracts

​

$

149,574,917

​

$

64,586,137

​

$

196,840,319

​

$

411,001,373

​

​

 

  ​

​

 

  ​

​

 

  ​

​

 

  ​

Earned over time

​

$

84,260,791

​

$

48,061,502

​

$

152,546,419

​

$

284,868,712

Earned at point in time

​

 

65,314,126

​

 

16,524,635

​

 

44,293,900

​

 

126,132,661

Total revenue from contracts

​

$

149,574,917

​

$

64,586,137

​

$

196,840,319

​

$

411,001,373

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Twelve Months Ended September 30, 2024

​

​

​

​

​

​

​

​

Electrical,

​

​

​

​

​

Gas & Water

​

Gas & Petroleum

​

Mechanical,

​

Total revenue 

​

  ​ ​ ​

Distribution

  ​ ​ ​

Transmission

  ​ ​ ​

& General

  ​ ​ ​

from contracts

Lump sum contracts

​

$

—

​

$

—

​

$

121,997,872

​

$

121,997,872

Unit price contracts

​

 

82,426,199

​

 

71,265,020

​

 

4,141,938

​

 

157,833,157

Cost plus and T&M contracts

​

 

—

​

 

9,790,155

​

 

62,255,677

​

 

72,045,832

Total revenue from contracts

​

$

82,426,199

​

$

81,055,175

​

$

188,395,487

​

$

351,876,861

​

​

​

  ​

​

 

  ​

​

 

  ​

​

 

  ​

Earned over time

​

$

9,541,650

​

$

71,265,020

​

$

133,898,665

​

$

214,705,335

Earned at point in time

​

 

72,884,549

​

 

9,790,155

​

 

54,496,822

​

 

137,171,526

Total revenue from contracts

​

$

82,426,199

​

$

81,055,175

​

$

188,395,487

​

$

351,876,861

​

The Company’s disaggregated revenue does vary slightly from the Company’s segment reporting due to combining the Industrial and Building Construction into Electrical, Mechanical, & and General, and one legal entity in the Underground Infrastructure

Construction segment that performs services other than underground construction that are included in Electrical, Mechanical, & General. The volume of these services is not material to the Company’s segment reporting.