earnings
confidence high
sentiment positive
materiality 0.75
Consolidated Water Q1 revenue up 14% to $19.6M; net income $0.15 per share
Consolidated Water Co. Ltd.
2022-Q1 EPS reported
$0.11
revenue$19,557,905
- Total revenue $19.6M (+14% YoY); net income from continuing ops $2.3M ($0.15 per share).
- Cash and equivalents $43.1M; quarterly dividend $0.085 per share.
- Retail segment water sales volume +8% YoY on tourism recovery in Cayman Islands.
- Services segment revenue +34% on new contracts; awarded $20M desalination plant contract in Cayman.
- Manufacturing segment revenue down 28% due to supply chain delays and customer order delays.