Consolidated Water Co. Ltd. (CWCO) delivered first-quarter 2025 earnings per share (EPS) of 31 cents, which surpassed the Zacks Consensus Estimate of 22 cents by 40.9%.However, the bottom line decreased 27.9% compared with the year-ago period’s earnings of 43 cents.Markets reacted positively to the first-quarter results, with shares of CWCO gaining 5.43% in a day since the release.Total Revenues of CWCOThe company’s total revenues for first-quarter 2025 were $33.7 million, which beat the Zacks Consensus Est ...

Consolidated Water (CWCO) Q1 2025 Earnings Call May 13, 2025 11:00 AM ET Company Participants Frederick McTaggart - CEO, President & DirectorDavid Sasnett - Executive VP & CFOJohn H. Bair - President Conference Call Participants Gerry Sweeney - Managing Director, Senior Research Analyst Operator Good morning. Thank you for joining us today to discuss Consolidated Water Company's first quarter twenty twenty five operating and financial results. Hosting the call today is the Chief Executive Officer of Consoli ...

Consolidated Water (CWCO) Q1 2025 Earnings Call May 13, 2025 11:00 AM ET Speaker0 Good morning. Thank you for joining us today to discuss Consolidated Water Company's first quarter twenty twenty five operating and financial results. Hosting the call today is the Chief Executive Officer of Consolidated Water, Rick McTaggart and the company's Chief Financial Officer, David Sadnet. Following their remarks, we'll open the call to your questions. Before we conclude today's call, I'll provide some important cauti ...

Revenue Performance - Total revenue declined 15% to $33.7 million, primarily due to a $7.3 million decrease in services revenue[5] - Retail revenue increased 9% to $9.4 million, driven by a 13% increase in the volume of water sold[5][14] - Total revenue for Q1 2025 was $33,715,385, a decrease of 15% from $39,689,390 in Q1 2024[23] - Revenue for Q1 2025 was $33,715,385, a decrease of 15.5% compared to $39,689,390 in Q1 2024[33] - Services revenue significantly decreased to $10,078,268, down 42% from $17,417,611 in Q1 2024[24] Income and Profitability - Net income from continuing operations attributable to company stockholders was $4.9 million or $0.31 per diluted share, down from $6.9 million or $0.43 per diluted share in Q1 2024[19] - Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders was $4,924,110 in Q1 2025, down from $6,941,414 in Q1 2024[23] - Gross profit for Q1 2025 was $12,306,287, compared to $13,878,023 in Q1 2024, reflecting a decline of 11%[23] - Gross profit for Q1 2025 was $12,306,287, down from $13,878,023 in Q1 2024, reflecting a gross margin of 36.5%[33] - Net income attributable to Consolidated Water Co. Ltd. stockholders for Q1 2025 was $4,791,029, a decline of 26.1% from $6,474,348 in Q1 2024[33] - Basic earnings per share for Q1 2025 was $0.30, compared to $0.41 in Q1 2024, representing a decrease of 26.8%[33] Cash and Assets - Cash and cash equivalents increased to $107.9 million, with working capital rising to $136.2 million as of March 31, 2025[21] - Total assets increased to $250,368,965 as of March 31, 2025, up from $243,313,181 at the end of 2024[32] - Total current assets rose to $165,061,588, an increase of 4.1% from $157,788,165 at December 31, 2024[32] - Cash and cash equivalents as of March 31, 2025, were $107,852,232, up from $99,350,121 at December 31, 2024, indicating a growth of 8.5%[32] Liabilities and Expenses - Total liabilities increased to $31,557,366, compared to $28,003,534 at the end of 2024, marking an increase of 9.1%[32] - General and administrative expenses for Q1 2025 were $7,723,959, an increase of 17.7% from $6,564,029 in Q1 2024[33] - Contract liabilities increased to $12,401,797 in Q1 2025, up from $9,126,654 in Q1 2024, reflecting a growth of 36.8%[32] Segment Performance - Manufacturing segment revenue increased by 10% to $5.8 million, with operating income rising by approximately 44% due to higher production activity[9] - Operations and maintenance (O&M) revenue increased 9% to $7.7 million, reflecting growth from both PERC and REC subsidiaries[17] - Operations and maintenance revenue increased to $7,725,298 in Q1 2025, up from $7,099,354 in Q1 2024[24] - Services revenue declined by 42% to $10.1 million, largely due to a $7.0 million drop in construction revenue[5] - Construction revenue within services dropped to $2,218,230 in Q1 2025 from $9,203,662 in Q1 2024, a decline of 76%[24] Future Outlook - The company completed pilot testing for a seawater desalination plant project in Hawaii, valued at $204 million, with construction expected to begin early next year[10][11] - The company anticipates design/build services revenue to improve in the second half of the year, with three smaller projects valued at approximately $20 million set to begin construction[12] - The company is entering the U.S. desalination market with a new contract in Hawaii[27] Corporate Events - The Annual General Meeting of Shareholders is scheduled for May 27, 2025[25]

GEORGE TOWN, Cayman Islands, May 13, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported that its wholly owned subsidiary, Kalaeloa Desalco LLC, recently achieved a major milestone for its $204 million project to design, construct, operate and maintain a 1.7 million gallon per day seawater desalination plant in Hawaii. The Honolulu Board of Water Supply, the client for the m ...

Core Insights - Consolidated Water reported a revenue of $33.72 million for the quarter ended March 2025, reflecting a decrease of 15.1% year-over-year, while EPS was $0.31 compared to $0.43 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $32.37 million by 4.16%, and the EPS surpassed the consensus estimate of $0.22 by 40.91% [1] Revenue Breakdown - Manufacturing revenue was $5.81 million, exceeding the average estimate of $4.78 million by two analysts, representing a year-over-year increase of 9.6% [4] - Services revenue was reported at $10.08 million, slightly below the average estimate of $10.30 million, showing a significant decline of 42.1% year-over-year [4] - Retail revenue reached $9.41 million, surpassing the estimated $8.57 million, marking a year-over-year increase of 9.1% [4] - Bulk revenue was $8.41 million, in line with the average estimate of $8.42 million, indicating a modest year-over-year increase of 0.8% [4] Stock Performance - Over the past month, shares of Consolidated Water have returned -2.2%, contrasting with the Zacks S&P 500 composite's increase of 3.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

GEORGE TOWN, Cayman Islands, May 12, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the quarter ended March 31, 2025. All comparisons are to the same prior year period unless otherwise noted. Consolidated Water will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). First Quarter 2025 Financial ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 0-25248 CONSOLIDATED WATER CO. LTD. (Exact name of registrant as specified in its charter) ...

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight. With that in mind, let's delve into the average projections of some Consolidated Water metrics that are commonly tracked and projected by analysts on Wall Street. In its upcoming report, Consolidated Water (CWCO) is predicted by Wall Street analysts to post quarterly ear ...

GEORGE TOWN, Cayman Islands, May 05, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, will hold a conference call on Tuesday, May 13, 2025 at 11:00 a.m. Eastern time to discuss its results for the first quarter ended March 31, 2025. The financial results will be issued in a press release prior to the call. Consolidated Water management will host the call, followed by a question-an ...