NASDAQ$CWCO

Consolidated Water Co Ltd · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Consolidated Water's Q4 2021 earnings were reported.

Consolidated Water Co. Ltd. reported results for the year ended December 31, 2021, with revenue at $66.9 million and net income from continuing operations attributable to company stockholders at $3.4 million or $0.23 per share.

  • Bulk revenue increased 10.2% to $26.8 million.
  • Services revenue increased 7.3% to $13.9 million.
  • Net income from continuing operations attributable to company stockholders was $3.4 million or $0.23 per share.
  • Cash and cash equivalents totaled $40.4 million.

Headline financials

Total Revenue

$16.6M

Previous: $15.1M+9.9%
EPS (adj)

$0.16

Previous: $0.06+166.7%
Capital Expenditures

$517K

Previous: $157K+229.3%
Free Cash Flow

$1.98M

Previous: $6.66M-70.2%
Net Income

$876K

Previous: $8.6M-89.8%
Operating Income

$2.01M

Previous: $447K+349.5%
Gross Profit

$23.5M

Previous: $4.81M+388.8%
Cash & Equivalents

$40.4M

Previous: $43.8M-7.9%
Total Assets

$177M

Previous: $180M-1.4%
Stock-Based Comp

$977K

Previous: $1.16M-16.0%

Revenue & EPS history

Consolidated Water · Revenue · Quarterly

$16.6M

Q4 2021+9.9%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Consolidated Water · $40.1M total across 3 segments · Q4 2021

  • Retail
    $22.1M-3.7%
  • Services
    $13.9M+7.3%
  • Manufacturing
    $4.07M-67.2%

Forward guidance

Consolidated Water expects resurgence of tourism to help retail water sales return to normal levels and increased project bidding activity in the U.S. and internationally to be strong catalysts for growth in 2022 and beyond.

Tailwinds

  • Tourism is returning to the Cayman Islands.
  • Project bidding activity has increased in the U.S. and internationally.
  • The company has a strong cash position.
  • The company has a relatively low overhead burden.
  • Aerex's design and manufacturing capabilities make the company more competitive for important projects.

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 Q4 2021

Historical avgQ4 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%+6.8%+6.4%
Q4 2020-1.6%-3.7%-12.7%
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 2011-9.0%
Q3 2010-9.0%
Q4 2010+4.2%
Q2 2010+4.2%
Q2 2011+4.2%
Q1 2010+11.0%

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