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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	158.81	180.21	94.1	66.86	72.63	68.79
Revenue Growth (YoY)	2.20%	91.50%	40.74%	-7.94%	5.57%	4.68%
Operations & Maintenance	-	-	-	-	2.86	2.08
Selling, General & Admin	10.39	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	116.94	132.83	76.27	54.59	54.4	48.5
Total Operating Expenses	128.5	142.16	83.98	61.71	64.29	57.52
Operating Income	30.31	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	1.64	0.7	0.45	0.68	0.54	0.59
Net Interest Expense	1.5	0.55	0.4	0.67	0.53	0.59
Income (Loss) on Equity Investments	0.22	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)	-0.82	-0.85	-0.92	0.84	-0.02	0.07
EBT Excluding Unusual Items	31.31	38	9.75	6.78	9.42	12.06
Impairment of Goodwill	-	-	-	-2.9	-	-
Gain (Loss) on Sale of Assets	0.18	-0.01	-0.01	-0.25	0.01	0.45
Pretax Income	31.49	38	9.74	3.63	9.43	12.5
Income Tax Expense	4.56	6.75	0.4	-0.45	0.09	0.07
Earnings From Continuing Ops.	26.93	31.25	9.34	4.08	9.34	12.44
Earnings From Discontinued Ops.	10.25	-1.09	-2.37	-2.57	-4.9	1.29
Net Income to Company	37.18	30.16	6.97	1.51	4.44	13.73
Minority Interest in Earnings	-0.56	-0.57	-1.11	-0.63	-0.73	-1.55
Net Income	36.62	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	36.6	29.57	5.84	0.86	3.7	12.16
Net Income Growth	72.14%	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)	1.08%	3.01%	0.60%	0.57%	0.57%	0.42%
EPS (Basic)	2.32	1.88	0.38	0.06	0.24	0.81
EPS (Diluted)	2.31	1.86	0.38	0.06	0.24	0.81
EPS Growth	71.40%	390.41%	564.88%	-75.97%	-70.44%	6.78%
Free Cash Flow	32.16	2.92	13.79	5.48	15.61	11.68
Free Cash Flow Per Share	2.02	0.18	0.90	0.36	1.03	0.77
Dividend Per Share	0.395	0.360	0.340	0.340	0.340	0.340
Dividend Growth	12.86%	5.88%	0%	0%	0%	0%
Profit Margin	23.05%	16.41%	6.21%	1.29%	5.09%	17.68%
Free Cash Flow Margin	20.25%	1.62%	14.65%	8.19%	21.49%	16.98%
EBITDA	36.87	44.45	16.14	11.9	15.56	18.3
EBITDA Margin	23.22%	24.66%	17.15%	17.80%	21.43%	26.60%
D&A For EBITDA	6.55	6.4	6.01	6.74	7.23	7.02
EBIT	30.31	38.05	10.13	5.16	8.33	11.27
EBIT Margin	19.09%	21.11%	10.76%	7.71%	11.47%	16.39%
Effective Tax Rate	14.48%	17.77%	4.07%	-	0.92%	0.53%

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