Consolidated Water Q2 revenue up 26% to $21.1M; net income $2.7M vs year-ago loss

Consolidated Water Co. Ltd.

2022-Q1 EPS reported $0.26 revenue$40,625,032

Total revenue $21.1M (+26% YoY); net income from continuing ops $2.7M ($0.18 EPS) vs net loss $1.5M (-$0.10) in Q2 2021.
Retail revenue +15% to $6.5M; bulk +26% to $8.4M; services +34% to $5.1M; manufacturing $1.1M.
Awarded $82M contract to build wastewater treatment facility in Goodyear, AZ, and $20M desalination project in Cayman Islands.
Cash and equivalents $49.1M; working capital $71.6M; debt $0.3M; stockholders' equity $159.4M.
Quarterly cash dividend $0.085 per share ($0.34 annualized); discussions with Baja California regarding Rosarito cancellation.

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