Consolidated Water FY 2024 revenue down 26% to $134M; net income from continuing ops down 42%

Consolidated Water Co. Ltd.

Total revenue $134M, down 26% from $180.2M; two large construction projects completed in June 2024.
Net income from continuing ops attributable to stockholders $17.9M ($1.12 diluted EPS) vs $30.7M ($1.93) in 2023.
Retail segment revenue up 5% to $31.7M on record water volume of 1.01 billion gallons (+4.5%).
Services revenue down 48% to $51M due to decline in construction revenue, partially offset by 51% increase in O&M revenue to $29.3M.
Quarterly dividend increased 15.8% to $0.11 per share in Q4 2024; cash $99.4M, debt $0.2M.

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