NASDAQ$CWCO

Consolidated Water Co Ltd · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Consolidated Water's Q4 2022 earnings increased significantly, driven by strong revenue growth across all segments.

Consolidated Water Co. Ltd. reported a 71% increase in total revenue for Q4 2022, reaching $28.4 million. The company's financial position remains strong, with $50.7 million in cash and cash equivalents.

  • Total revenue increased by 71% to $28.4 million.
  • Retail revenue increased by 25% to $6.8 million.
  • Bulk revenue increased by 23% to $8.5 million.
  • Services revenue increased by 206% to $10.3 million.

Headline financials

Total Revenue

$28.4M

Previous: $16.6M+70.6%
EPS (adj)

$0.16

Previous: $0.16+0.0%
Capital Expenditures

$4.59M

Previous: $517K+789.2%
Free Cash Flow

$934K

Previous: $1.98M-53.0%
Net Income

$8.2M

Previous: $876K+836.5%
Operating Income

-$767K

Previous: $2.01M-138.2%
Gross Profit

$8.89M

Previous: $23.5M-62.2%
Cash & Equivalents

$50.7M

Previous: $40.4M+25.6%
Total Assets

$193M

Previous: $177M+9.0%
Stock-Based Comp

$1.42M

Previous: $977K+45.0%

Revenue & EPS history

Consolidated Water · Revenue · Quarterly

$28.4M

Q4 2022+70.6%vs Q4 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Consolidated Water · $19.9M total across 3 segments · Q4 2022

  • Services
    $10.3M-25.8%
  • Retail
    $6.8M-69.2%
  • Manufacturing
    $2.8M-31.3%

Forward guidance

Consolidated Water anticipates continued growth, driven by tourism recovery in Grand Cayman, ongoing construction projects, and increased bidding activity in the U.S. and Caribbean.

Tailwinds

  • Continued recovery of tourism in Grand Cayman.
  • Ongoing construction projects in Grand Cayman and the U.S.
  • Increased project bidding activity in the U.S. and the Caribbean.
  • More than $150 million in major multi-year projects secured in 2022 expected to positively impact future earnings.
  • Positive outlook for continued growth in the services segment.

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 2022

Historical avgQ4 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%+6.8%+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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