Consolidated Water Q2 revenue $32.5M (-27%); continuing EPS $0.26; $12.1M Mexico gain pushes total net income to $15.9M

Consolidated Water Co. Ltd.

2024-Q2 EPS reported $1.40 revenue$72,168,548

Total revenue $32.5M, down 27% YoY; services revenue fell 51% to $11.9M due to project completions.
Net income from continuing ops $4.2M ($0.26 diluted) vs $7.5M ($0.47) in Q2 2023.
Discontinued ops gain of $12.1M from Mexico land sale lifted total net income to $15.9M ($0.99 diluted).
Retail water volume up 10% in Grand Cayman; completed 2.6 MGD Red Gate plant, began 10-year O&M.
Cash $96.7M, debt $0.3M; $147M Hawaii desal project in pilot/design stage; new Bahamas contract signed.

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