earnings
confidence high
sentiment positive
materiality 0.75
Consolidated Water Q1 revenue up 21% to $39.7M; EPS $0.43 from continuing ops
Consolidated Water Co. Ltd.
2024-Q1 EPS reported
$0.40
revenue$39,689,390
- Revenue $39.7M, up 21% YoY; net income from continuing ops $6.9M ($0.43/diluted), up from $4.1M ($0.26).
- Services segment revenue +37% to $17.4M; O&M contract revenue surged 93% to $7.1M.
- Retail water volume up 10% to a record 267.6M gallons; manufacturing revenue +57% to $5.3M.
- Cash $46.2M, working capital $95.0M, debt only $0.3M; equity $192.1M.
- Continued progress on $150M Hawaii desalination pilot; Goodyear, AZ plant certified substantially complete.