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Dec 31, 2021
Consolidated Water Q4 2021 Earnings Report
Consolidated Water's Q4 2021 earnings were reported.
Key Takeaways
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.
Revenue by Segment
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.
Positive Outlook
- 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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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