CONSOLIDATED WATER Reports Q2 Earnings Results for 2023 Fiscal Year

August 19, 2023

🌥️Earnings Overview

CONSOLIDATED WATER ($NASDAQ:CWCO) announced their Q2 fiscal year 2023 earnings results on June 30, 2023. The total revenue for the quarter was USD 44.2 million, a 110.0% increase from the same period in the prior year. Additionally, net income for the quarter was USD 7.3 million, an increase from the prior year’s second quarter of 2.3 million.

Market Price

The stock opened at $19.9 and closed at $20.3, representing an increase of 2.7% from the previous closing price of $19.8. This was a notable milestone for the company, as it was their first quarterly earnings report since the start of the 2023 fiscal year. The report showed encouraging signs of growth for the business, with increases in revenue and profit that exceeded analyst expectations. In addition to strong financials, CONSOLIDATED WATER also provided further insight on its future growth plans.

The company unveiled plans to expand its operations into new markets and add new product lines that would further their reach in existing regions. It is clear that the CONSOLIDATED WATER team is confident about their prospects and have laid out a sound strategy for future success. Investors have reacted positively to the news and driven the stock higher, with expectations for continued growth in the future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Consolidated Water. More…

    Total Revenues Net Income Net Margin
    130.59 12.97 11.6%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Consolidated Water. More…

    Operations Investing Financing
    13.09 -8.72 -5.91
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Consolidated Water. More…

    Total Assets Total Liabilities Book Value Per Share
    205.08 30.07 10.82
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Consolidated Water are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    21.2% 24.7% 14.2%
    FCF Margin ROE ROA
    3.2% 7.0% 5.7%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we analyzed CONSOLIDATED WATER‘s financials and found that the company is strong in terms of asset, dividend, and growth. Its profitability is also medium compared to other firms. Moreover, CONSOLIDATED WATER has a high health score of 10/10 with regard to its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. Based on these findings, we classify CONSOLIDATED WATER as a ‘cheetah’, a type of firm that achieved high revenue or earnings growth but is considered less stable due to lower profitability. Investors who are interested in such a company may look for firms that show potential for rapid growth with good prospects for returns, but at the same time understand the associated risks. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    The water industry is highly competitive, with companies vying for market share. In this report, we will compare the three main competitors in the water industry: Consolidated Water Co Ltd, Pure Cycle Corp, Eastern Water Resources Development and Management PCL, and Thu Duc Water. We will provide an overview of each company, their financial performance, and their competitive advantages and disadvantages.

    – Pure Cycle Corp ($NASDAQ:PCYO)

    Cycle Corp is engaged in the business of providing water and wastewater solutions to residential, commercial, and industrial customers in the United States. The company’s products and services include water and wastewater treatment systems, reverse osmosis systems, water softeners, and bottled water. It also provides engineering, construction, and maintenance services for water and wastewater treatment facilities.

    – Eastern Water Resources Development and Management PCL ($SET:EASTW)

    Eastern Water Resources Development and Management Public Company Limited (EASTWATER) is a Thailand-based company engaged in the water resources development and management. The Company operates three business segments: domestic water supply business, which provides tap water to residential and commercial customers in Phra Pradaeng District, Samut Prakan Province; wastewater management business, which treats wastewater from residential and commercial customers in Phra Pradaeng District, Samut Prakan Province; and other businesses, which include the provision of consultancy services on water resources development and management. Its domestic water supply business includes the development of water resources, construction of water treatment plants and water pipelines, as well as operation and maintenance of water treatment plants and water pipelines. Through its wastewater management business, the Company provides wastewater collection services and develops wastewater treatment plants.

    Summary

    Investors should be encouraged by CONSOLIDATED WATER‘s second quarter financial results for fiscal year 2023. This is a clear demonstration of strong operational performance and a healthy outlook for the company. Investors should continue to watch the company’s progress closely as it continues to grow and further develop its business.

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