Consolidated Water Q3 revenue up 53% to $25.1M; net income from cont ops down to $0.05/share

Consolidated Water Co. Ltd.

2022-Q3 EPS reported $0.28 revenue$65,676,737

Total revenue $25.1M (+53% YoY); net income from continuing ops attributable to stockholders $824K ($0.05 per share).
Quarterly cash dividend maintained at $0.085/share; secured $10M revolving credit line with Scotia Bank.
Commenced construction of $82M water treatment plant in Goodyear, AZ; completed design for Cayman desal plant.
PERC awarded 10-year, $49.2M O&M contract in Southern California; exercising option to buy remaining 39% minority interest.
Manufacturing backlog hit record $20M; management expects most to be booked as revenue in 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Consolidated Water Co. Ltd. reported the third quarter ended September 30, 2022 results: revenue $25.1 million, net income $824,000, EPS $0.05 per share.

Period: the third quarter ended September 30, 2022
Revenue: $25.1 million
Net income: $824,000
EPS: $0.05 per share
Result: reported results

Exact text from the filing

call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). Third Quarter 2022 Financial Highlights ● Total revenue increased 53% to $25.1 million. ● Retail revenue increased 20% to $6.3 million. ● Bulk revenue increased 26% to $8.7 million. ● Services revenue increased 172% to $8.7 million. ● Net income from continuing

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Source: SEC EDGAR

accession 0001558370-22-017925

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