NASDAQ$CWCO

Consolidated Water Co Ltd · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Consolidated Water's Q1 2021 results reflected a focus on expanding services segment to mitigate pandemic effects, with services revenue increasing, although overall revenue declined due to decreases in retail, bulk, and manufacturing segments.

Consolidated Water reported a decrease in total revenue for Q1 2021 to $17.1 million, compared to $20.7 million in Q1 2020. Net income from continuing operations attributable to Consolidated Water stockholders was $1.3 million, or $0.08 per basic and fully diluted share, down from $3.2 million, or $0.21 per share in the same quarter last year. The services segment showed growth, but retail, bulk, and manufacturing segments experienced declines.

  • Total revenue reached $17.1 million.
  • Services revenue increased by 13.7% to $3.5 million.
  • Bulk segment gross profit rose by 11.5% to $2.1 million.
  • Net income from continuing operations attributable to Consolidated Water stockholders was $1.3 million, or $0.08 per share.

Headline financials

Total Revenue

$17.1M

Previous: $20.7M-17.5%
EPS (adj)

$0.08

Previous: $0.19-57.9%
Capital Expenditures

-$293K

Previous: -$516K+43.3%
Free Cash Flow

$696K

Previous: $2.37M-70.7%
Net Income

$989K

Previous: $2.89M-65.8%
Operating Income

$1.11M

Previous: $3.29M-66.1%
Gross Profit

$6.13M

Previous: $8.44M-27.4%
Cash & Equivalents

$42.8M

Previous: $32.3M+32.4%
Total Assets

$180M

Previous: $186M-3.2%

Revenue & EPS history

Consolidated Water · Revenue · Quarterly

$17.1M

Q1 2021-17.5%vs Q1 2020
Beat estimate in 6 of 16 quarters(38%)
ActualEstimate

Revenue by segment

Consolidated Water · $132M total across 4 segments · Q4 2025

  • Services
    $46.3M
  • Retail
    $33.6M
  • Bulk
    $33.5M
  • Manufacturing
    $18.7M

Forward guidance

Consolidated Water expects to use its strong balance sheet to expand its business through organic growth, acquisitions, and new projects, broadening its water solution offerings and market area.

Tailwinds

  • Expand business through organic growth
  • Expand business through acquisitions
  • Expand business through new projects
  • Broadening water solution offerings
  • Broadening market area

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.1%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+2.8%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+14.4%

Q2 2023

Best reaction

-21.8%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%-12.0%
Q4 2025+0.5%+3.3%+3.8%
Q3 2025+7.7%+3.5%+2.0%
Q1 2025-1.7%-0.6%+8.8%
Q4 2024-6.7%-8.9%-16.7%
Q3 2024+2.6%+4.1%+2.3%
Q2 2024+0.3%+1.3%-3.6%
Q1 2024-6.2%-2.7%-16.1%
Q4 2023-1.6%-10.6%-15.3%
Q3 2023+5.3%+7.9%+11.7%
Q2 2023+14.4%+31.4%+48.5%
Q1 2023+12.4%+9.2%+24.6%
Q4 2022+6.8%+9.0%+9.9%
Q3 2022-21.8%-10.1%-11.0%
Q2 2022-1.3%+5.2%+19.7%
Q1 2022+6.5%+8.9%+35.2%
Q4 2021+5.8%+14.0%+4.2%
Q3 2021-0.4%+1.7%-6.2%
Q2 2021-6.9%-5.7%-5.0%
Q1 2021-0.2%+6.9%+6.7%
Q4 2020-1.6%-3.7%-12.8%
Q3 2020-2.8%-0.4%+7.0%
Q2 2020+0.0%-0.9%-11.9%
Q1 2020+9.1%+5.4%+10.1%
Q4 2019+4.9%-6.9%-8.9%
Q3 2019-6.1%-7.0%-3.5%
Q2 2019+2.4%+5.9%+5.4%
Q1 2019+1.2%+4.6%+4.9%
Q4 2018-3.1%-4.2%-5.6%
Q3 2018+5.6%+10.9%+8.2%
Q2 2018+3.4%+3.0%+4.9%
Q1 2018+4.9%-1.1%-4.2%
Q4 2017-0.7%+1.7%-0.7%
Q3 2017-0.9%+3.9%+14.8%
Q2 2017-3.5%-2.3%-6.6%
Q1 2017+2.6%+1.3%+8.2%
Q4 2016-0.5%-0.5%+5.6%
Q3 2016-8.2%-6.1%-2.6%
Q2 2016-2.5%-5.4%-8.0%
Q1 2016-1.7%
Q4 2015+2.5%
Q3 2015-1.9%
Q2 2015-1.2%
Q1 2015+6.2%
Q4 2014-9.5%
Q3 2014+0.7%
Q2 2014+3.8%
Q1 2014-7.3%
Q4 2013+1.1%
Q3 2013-18.9%
Q2 2013+3.1%
Q1 2013+1.6%
Q4 2012-0.3%
Q3 2012-4.1%
Q4 2011+0.2%
Q2 2012+0.2%
Q1 2011-1.3%
Q1 2012-0.6%
Q4 2009-1.2%
Q3 2010-9.0%
Q3 2011-9.0%
Q4 2010+4.2%
Q2 2010+4.2%
Q2 2011+4.2%
Q1 2010+11.0%

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