Consolidated Water Co. Ltd. (CWCO)

Consolidated Water Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	175.27	180.21	94.1	66.86	72.63	68.79
Revenue Growth (YoY)	34.22%	91.50%	40.74%	-7.94%	5.57%	4.68%
Operations & Maintenance	-	-	-	-	2.86	2.08
Selling, General & Admin	9.3	8.15	6.96	6.23	6.01	5.97
Depreciation & Amortization	0.19	0.19	0.16	0.14	0.13	0.14
Amortization of Goodwill & Intangibles	0.57	0.57	0.58	0.75	0.89	0.84
Provision for Bad Debts	0.41	0.41	-	-	-	-
Other Operating Expenses	128.42	132.83	76.27	54.59	54.4	48.5
Total Operating Expenses	138.9	142.16	83.98	61.71	64.29	57.52
Operating Income	36.38	38.05	10.13	5.16	8.33	11.27
Interest Expense	-0.14	-0.15	-0.05	-0.01	-0.01	-0
Interest Income	1.21	0.7	0.45	0.68	0.54	0.59
Net Interest Expense	1.07	0.55	0.4	0.67	0.53	0.59
Income (Loss) on Equity Investments	0.2	0.17	0.1	0.08	0.51	0.06
Currency Exchange Gain (Loss)	0.08	0.08	0.04	0.03	0.07	0.07
Other Non-Operating Income (Expenses)	-0.85	-0.85	-0.92	0.84	-0.02	0.07
EBT Excluding Unusual Items	36.88	38	9.75	6.78	9.42	12.06
Impairment of Goodwill	-	-	-	-2.9	-	-
Gain (Loss) on Sale of Assets	-0.02	-0.01	-0.01	-0.25	0.01	0.45
Pretax Income	36.86	38	9.74	3.63	9.43	12.5
Income Tax Expense	6.05	6.75	0.4	-0.45	0.09	0.07
Earnings From Continuing Ops.	30.82	31.25	9.34	4.08	9.34	12.44
Earnings From Discontinued Ops.	10.52	-1.09	-2.37	-2.57	-4.9	1.29
Net Income to Company	41.34	30.16	6.97	1.51	4.44	13.73
Minority Interest in Earnings	-0.57	-0.57	-1.11	-0.63	-0.73	-1.55
Net Income	40.77	29.59	5.86	0.88	3.71	12.18
Preferred Dividends & Other Adjustments	0.02	0.02	0.01	0.01	0.01	0.01
Net Income to Common	40.76	29.57	5.84	0.86	3.7	12.16
Net Income Growth	213.95%	405.19%	568.85%	-76.41%	-69.52%	7.82%
Shares Outstanding (Basic)	16	16	15	15	15	15
Shares Outstanding (Diluted)	16	16	15	15	15	15
Shares Change (YoY)	1.76%	3.01%	0.60%	0.57%	0.57%	0.42%
EPS (Basic)	2.58	1.88	0.38	0.06	0.24	0.81
EPS (Diluted)	2.56	1.86	0.38	0.06	0.24	0.81
EPS Growth	209.92%	390.41%	564.88%	-75.97%	-70.44%	6.78%
Free Cash Flow	26.24	2.92	13.79	5.48	15.61	11.68
Free Cash Flow Per Share	1.65	0.18	0.90	0.36	1.03	0.77
Dividend Per Share	0.380	0.360	0.340	0.340	0.340	0.340
Dividend Growth	11.76%	5.88%	0%	0%	0%	0%
Profit Margin	23.25%	16.41%	6.21%	1.29%	5.09%	17.68%
Free Cash Flow Margin	14.97%	1.62%	14.65%	8.19%	21.49%	16.98%
EBITDA	42.85	44.45	16.14	11.9	15.56	18.3
EBITDA Margin	24.45%	24.66%	17.15%	17.80%	21.43%	26.60%
D&A For EBITDA	6.47	6.4	6.01	6.74	7.23	7.02
EBIT	36.38	38.05	10.13	5.16	8.33	11.27
EBIT Margin	20.75%	21.11%	10.76%	7.71%	11.47%	16.39%
Effective Tax Rate	16.40%	17.77%	4.07%	-	0.92%	0.53%

Source: S&P Capital IQ. Utility template. Financial Sources.