secwatch.observer — SEC 8-K summary
======================================

Issuer:     Consolidated Water Co. Ltd. (CWCO)
CIK:        0000928340
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0001558370-24-012298
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928340/000155837024012298/0001558370-24-012298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928340/000155837024012298/cwco-20240814x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-012298

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer