NASDAQ$CWCO

Consolidated Water Co Ltd · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Consolidated Water's revenue increased driven by sales improvements across multiple business segments and two major contract wins were announced.

Consolidated Water Co. Ltd. reported a 26% increase in total revenue to $21.1 million for the second quarter ended June 30, 2022. Net income from continuing operations attributable to company stockholders was $2.7 million, or $0.18 per share.

  • Total revenue increased 26% to $21.1 million.
  • Retail revenue increased 15% to $6.5 million.
  • Bulk revenue increased 26% to $8.4 million.
  • Net income from continuing operations attributable to company stockholders was $2.7 million or $0.18 per share.

Headline financials

Total Revenue

$21.1M

Previous: $16.7M+26.1%
EPS (adj)

$0.18

Previous: -$0.11+263.6%
Capital Expenditures

$1.07M

Previous: -$497K+314.8%
Free Cash Flow

$7.52M

Previous: -$2.16M+448.0%
Net Income

$2.29M

Previous: -$1.66M+237.6%
Operating Income

$2.55M

Previous: -$1.56M+264.1%
Gross Profit

$7.48M

Previous: $6.06M+23.3%
Cash & Equivalents

$49.1M

Previous: $41.2M+19.1%
Total Assets

$183M

Previous: $177M+3.3%

Revenue & EPS history

Consolidated Water · Revenue · Quarterly

$21.1M

Q2 2022+26.1%vs Q2 2021
Beat estimate in 12 of 14 quarters(86%)
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 sees many positive factors driving continued growth in 2022, including diminishing effects of the pandemic, return of tourism in Grand Cayman, increased project bidding activity in the United States and the Caribbean, and the dire situation in the Colorado River basin driving water utilities and agricultural users to implement extraordinary measures to meet their water demands.

Tailwinds

  • Further diminishing effects of the pandemic
  • Continuing return of tourism in Grand Cayman
  • Increased project bidding activity in the United States and the Caribbean
  • Situation in the Colorado River basin driving water utilities to implement extraordinary measures
  • All of these factors and trends will continue to drive growth across all of our business segments in the remainder of this year and beyond.

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 Q2 2022

Historical avgQ2 2022

-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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