Consolidated Water Q2 net loss $1.7M; revenue down 12.5% to $16.7M

Consolidated Water Co. Ltd.

2021-Q2 EPS reported -$0.04 revenue$33,804,841

Net loss attributable to stockholders $1.7M ($0.11/share) vs net loss $1.1M ($0.07) in Q2 2020.
Revenue $16.7M, down 12.5% YoY; manufacturing revenue plunged 85% to $552K due to major customer order suspension.
Excluding $2.9M manufacturing asset impairment, adjusted net income was $1.2M ($0.08/share).
Cash $41.2M, debt $0.2M; PERC Water awaiting decisions on >$55M in project bids.
Manufacturing backlog ~$9M from new customers; management expects improved H2 results.

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