Quarterly ResultMay 11, 2026, 04:48 PM
Consolidated Water Q1 Revenue Down 11.1% to $29.97M; EPS $0.23
AI Summary
Consolidated Water Co. Ltd. reported a significant decrease in revenue and net income for the first quarter of 2026 compared to the same period in 2025. Total revenue fell by 11.1% to $29.97 million, primarily driven by a substantial decline in manufacturing revenue. Net income attributable to stockholders decreased by 21.2% to $3.78 million, resulting in diluted earnings per share of $0.23. Despite the overall financial downturn, the company increased its dividend per share by 27.3% to $0.14.
Key Highlights
- Revenue decreased 11.1% to $29.97 million from $33.72 million year-over-year.
- Net income attributable to stockholders fell 21.2% to $3.78 million from $4.79 million.
- Diluted EPS decreased 23.3% to $0.23 from $0.30 in the prior year period.
- Manufacturing segment revenue plunged 75.9% to $1.40 million from $5.81 million.
- Services segment revenue increased 11.6% to $11.25 million from $10.08 million.
- Dividends declared per share rose 27.3% to $0.14 from $0.11.
- Net cash provided by operating activities decreased 44.4% to $6.54 million.
- Cash and cash equivalents increased to $126.33 million as of March 31, 2026.