---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-010013"
form_type: "8-K"
ticker: "CWCO"
cik: "0000928340"
company_name: "Consolidated Water Co. Ltd."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-15T00:25:01.557537+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Consolidated Water Q1 revenue up 68% to $32.9M; net income $3.8M ($0.24/sh)

## Summary
- Net income attributable to stockholders $3.8M ($0.24/diluted share) vs $1.7M ($0.11) year ago.
- Revenue $32.9M (+68% YoY); services segment surged 168% to $12.7M.
- Acquired remaining 39% of PERC Water, now 100% owner; $6.4M revenue from Goodyear, AZ plant construction.
- Retail water sales volume up 20% on Grand Cayman tourist recovery; cash $51.1M.
- Quarterly dividend $0.085/sh ($0.34 annualized), unchanged.

## SEC filing metadata
- accession: 0001558370-23-010013
- form_type: 8-K
- ticker: CWCO
- cik: 0000928340
- company_name: Consolidated Water Co. Ltd.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928340/000155837023010013/0001558370-23-010013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928340/000155837023010013/cwco-20230515x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-010013
- JSON: https://secwatch.observer/filing/0001558370-23-010013.json
- Plain text: https://secwatch.observer/filing/0001558370-23-010013.txt

## Key facts
- Earnings Releases
  Consolidated Water Co. Ltd. reported First Quarter 2023 results: revenue $32.9 million, net income $3.8 million, EPS $0.24 per Share.
  - Period: First Quarter 2023
  - Revenue: $32.9 million
  - Net income: $3.8 million
  - EPS: $0.24 per Share
  - Result: reported results
  source text: Consolidated Water Reports First Quarter 2023 Revenue up 68% to $32.9 Million, Driving Net Income of $3.8 Million or $0.24 per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/928340/000155837023010013/0001558370-23-010013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.