Sign in
  1. Home
  2. Companies
  3. Consolidated Water Co. Ltd.
  4. Financial Statements
  5. Income Statement
Consolidated Water Co. Ltd. logo
Consolidated Water Co. Ltd. CWCO
$ 27.98 0.43%
report update icon

Quarterly report 2026-Q2
added 08-10-2026

Consolidated Water Co. Ltd. Income Statement 2025-2008 | CWCO

Brief overview of revenue and earnings at Consolidated Water Co. Ltd.

The figures are compared over a five-year interval. According to figures from Consolidated Water Co. Ltd., revenue changed from 72.6 million dollars to 132 million dollars over five years. Overall revenue changed by +81.8%, equal to an annualized rate of about 12.7%. The trajectory reflects meaningful expansion of the business.

The gross result shifted from 26.8 million dollars to 48.4 million dollars, or +80.7%. Revenue and direct costs changed at similar rates. Gross margin moved from 36.9% to 36.6%. Gross profitability remained broadly stable.

Over the period, EBITDA shifted from 8.3 million dollars to 25.3 million dollars, a change of +202.6%. EBITDA expanded faster than the top line. EBITDA margin moved from 11.5% to 19.1%. The increased EBITDA share is a positive sign.

The net result moved from 9.3 million dollars to 18.3 million dollars, or +96.2%. Net income grew faster than revenue, indicating improved overall efficiency.

Over the period, capitalization shifted from $192 million to $551 million (+187.6%). Valuation expanded much faster than the underlying results.

What the figures show

The indicators form a favorable picture of business development. The financial profile benefits from a stable gross margin, a stronger final result and an improving EBITDA margin. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Consolidated Water Co. Ltd.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

 551 M 548 M 475 M 221 M 162 M 192 M 262 M 192 M 200 M 150 M 171 M 159 M 186 M 131 M 114 M 171 M 252 M -

Shares

 15.9 M 15.8 M 15.7 M 15.3 M 15.2 M 15.1 M 15 M 15 M 14.9 M 14.8 M 14.7 M 14.7 M 14.6 M 14.6 M 14.6 M 14.5 M 14.5 M -

Historical Prices

 34.6 34.6 30.1 14.4 10.6 11.8 15.6 10.9 11.5 9.55 10.5 8.93 11.5 5.87 6.55 11.8 17.3 19.4

Net Income

 18.3 M 28.2 M 29.6 M 5.86 M 876 K 9.34 M 12.2 M 11.3 M 6.14 M 3.96 M 7.52 M 6.27 M 8.59 M 9.32 M 6.11 M 6.29 M 6.1 M -

Revenue

 132 M 134 M 180 M 94.1 M 66.9 M 72.6 M 68.8 M 65.7 M 62.3 M 57.9 M 57.1 M 65.6 M 63.8 M 65.5 M 55.2 M 50.7 M 58 M -

Cost of Revenue

 83.7 M 88.3 M 118 M 63.7 M 43.4 M 45.9 M 40.5 M 39 M 35.4 M 33.6 M 33.8 M 42.1 M 40.3 M 43.5 M 36.1 M 34.1 M 35 M -

Gross Profit

 48.4 M 45.6 M 61.9 M 30.4 M 23.5 M 26.8 M 28.3 M 26.7 M 25.4 M 24.3 M 22.9 M 23.1 M 23.5 M 22 M 19 M 16.6 M 23 M -

Operating Income

 18.4 M 18.3 M 37.2 M 9.27 M 2.01 M 8.35 M 11.7 M 7.98 M 2.28 M 2.14 M 8.44 M 6.46 M 7.66 M 6.93 M 5.37 M 5.28 M 12.9 M -

Interest Expense

 131 K 132 K 145 K 46.5 K 10.2 K 9.67 K 1.33 K 8.43 K 5.72 K 104 K 269 K 489 K 484 K 877 K 1.14 M 1.58 M 1.7 M -

EBITDA

 25.3 M 25 M 43.7 M 15.5 M 8.93 M 8.35 M 9.91 M 9.53 M 7.89 M 7.37 M 8.69 M 6.74 M 7.95 M 7.87 M 5.62 M 11.6 M 19.3 M -

Operating Expenses

 - - - - - 18.4 M 19.3 M 18.7 M 19.1 M 18.7 M 14.5 M 16.7 M 15.8 M 14.5 M 13.7 M - - -

General and Administrative Expenses

 7.33 M 6.51 M 6.38 M 5.29 M 18.4 M 17.4 M 18.4 M 17.2 M 17.5 M 16.9 M 14.2 M 16.4 M 15.6 M 14.1 M 9.89 M 11.3 M 10.1 M -

All numbers in USD currency

Quarterly Income Statement Consolidated Water Co. Ltd.

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

 15.9 M 16 M - 15.9 M 15.9 M 15.9 M - 15.8 M 15.8 M 15.8 M - 15.7 M 15.7 M 15.7 M - 15.3 M 15.3 M 15.3 M - 15.2 M 15.2 M 15.2 M - 15.1 M 15.1 M 15.1 M - 15 M 15 M 15 M - 15 M 15 M 15 M - 14.9 M 14.9 M 14.9 M - 14.8 M 14.8 M 14.8 M - 14.7 M 14.7 M 14.7 M - 14.7 M 14.7 M 14.7 M - 14.6 M 14.6 M 14.6 M - 14.6 M 14.6 M 14.6 M - 14.6 M 14.6 M 14.6 M

Net Income

 5.09 M 3.78 M - 5.53 M 5.1 M 4.79 M - 4.45 M 15.9 M 6.47 M - 8.61 M 7.32 M 3.81 M - 318 K 2.29 M 1.96 M - 286 K -1.47 M 1.12 M - 1.43 M -1.13 M 2.89 M - 1.73 M 2.48 M 6.19 M - 4.55 M 2.19 M 2.09 M - 1.16 M 625 K 2.63 M - -1.87 M 2.2 M 2.05 M - 1.78 M 2.23 M 1.92 M - 1.88 M 2.76 M 655 K - 909 K 2.85 M 3.74 M - 1.3 M 1.96 M 2.34 M - 1.29 M 1.93 M 1.99 M

Revenue

 33.6 M 30 M - 35.1 M 33.6 M 33.7 M - 33.4 M 32.5 M 39.7 M - 49.9 M 44.2 M 32.9 M - 25.1 M 21.1 M 19.6 M - 16.4 M 16.7 M 33.8 M - 17.7 M 19.1 M 20.7 M - 15.9 M 18.3 M 17 M - 18.1 M 15.1 M 14.6 M - 16.6 M 15.3 M 15.7 M - 14.4 M 15.4 M 14 M - 14.6 M 801 K 14.7 M - 17 M 1 M 16.3 M - 15.4 M 16.6 M 16.6 M - 15.8 M 16.2 M 16.7 M - 12.8 M 14.8 M 13.9 M

Cost of Revenue

 4.16 M 19.1 M - 22.2 M 20.8 M 21.4 M - 21.8 M 20.9 M 25.8 M - 33.2 M 28.8 M 22.3 M - 18.2 M 13.6 M 12.4 M - 10.7 M 10.6 M 21.6 M - 11.5 M 11.8 M 12.3 M - 9.18 M 10.8 M 10 M - 10.9 M 8.88 M 8.39 M - 10.3 M 8.83 M 8.84 M - 8.47 M 8.68 M 7.86 M - 8.96 M 8.52 M 8.52 M - 11.3 M 10.6 M 10.4 M - 10.2 M 10.2 M 10.3 M - 10.6 M 10.8 M 10.8 M - 8.8 M 9.58 M 8.66 M

Gross Profit

 12.8 M 10.9 M - 12.9 M 12.8 M 12.3 M - 11.6 M 11.6 M 13.9 M - 16.6 M 15.5 M 10.6 M - 6.84 M 7.48 M 7.15 M - 5.69 M 6.06 M 12.2 M - 6.22 M 7.3 M 8.44 M - 6.71 M 7.55 M 6.96 M - 7.12 M 6.18 M 6.17 M - 6.31 M 6.46 M 6.83 M - 5.92 M 6.7 M 6.18 M - 5.64 M 5.97 M 6.15 M - 5.7 M 6.37 M 5.97 M - 5.23 M 6.4 M 6.22 M - 5.23 M 5.41 M 5.95 M - 4.01 M 5.25 M 5.25 M

Operating Income

 5.28 M 3.44 M - 5.76 M 5.28 M 4.61 M - 4.88 M 5.01 M 7.31 M - 10.7 M 9.48 M 4.53 M - 1.24 M 2.55 M 2.29 M - 1.33 M -1.56 M -443 K - 1.4 M 2.75 M 3.74 M - 2.44 M 2.96 M 2.63 M - 2.31 M 1.74 M 1.51 M - 833 K 458 K 2.05 M - -2.36 M 1.81 M 1.72 M - 2.15 M 2.3 M 2.26 M - 1.72 M 2.59 M 628 K - 918 K 2.8 M 2.65 M - 1.15 M 1.96 M 2.43 M - 977 K 2.07 M 1.46 M

Interest Expense

 12.1 K 43.5 K - 94.3 K 12.1 K 43.4 K - 56.4 K 22.2 K 33.5 K - 24.2 K 31.8 K 37.8 K - 2.04 K 2.72 K 4.08 K - 2.22 K 2.64 K 5.5 K - 2.07 K 2.82 K 2.53 K - 19 1.48 K - - 2.49 K 2.88 K 1.75 K - 1.02 K 7.94 K 2.22 K - 1.25 K 30.3 K 64 K - 66.6 K 67.9 K 69.5 K - 70.5 K 47.5 K 296 K - 117 K 125 K 132 K - 147 K 207 K 384 K - 171 K 344 K 350 K

EBITDA

 5.5 M 5.19 M - 5.98 M 5.5 M 6.3 M - 5.1 M 5.23 M 8.99 M - - - 6.12 M - 1.24 M 2.55 M 2.29 M - 1.33 M -1.56 M -443 K - 1.4 M 2.75 M 3.74 M - 2.44 M 2.96 M 2.63 M - 2.31 M 1.74 M 1.51 M - 833 K 458 K 2.05 M - -2.36 M 1.81 M 1.72 M - 2.15 M 2.3 M 2.26 M - 1.72 M 2.59 M 628 K - 918 K 2.8 M 2.65 M - 1.15 M 1.96 M 2.43 M - 977 K 2.07 M 1.46 M

General and Administrative Expenses

 7.58 M 1.68 M - 1.65 M 1.82 M 1.92 M - 1.64 M 1.57 M 6.56 M - 5.87 M 5.98 M 6.04 M - 5.61 M 4.93 M 4.87 M - 4.36 M 4.72 M 9.49 M - 4.81 M 4.56 M 4.7 M - 4.28 M 4.99 M 4.38 M - 4.81 M 4.45 M 4.66 M - 4.9 M 5 M 4.8 M - 4.53 M 4.89 M 4.46 M - 3.49 M 3.66 M 3.89 M - 3.98 M 3.78 M 5.34 M - 4.31 M 3.59 M 3.57 M - 4.09 M 3.44 M 3.51 M - 3.03 M 3.18 M 3.79 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Consolidated Water Co. Ltd. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Utilities regulated water industry

Issuer Price % 24h Market Cap Country
Artesian Resources Corporation Artesian Resources Corporation
ARTNA
 		$ 35.28 0.77 % $ 364 M usaUSA
American Water Works Company American Water Works Company
AWK
 		$ 139.18 1.08 % $ 27.1 B usaUSA
American States Water Company American States Water Company
AWR
 		$ 87.26 0.9 % $ 3.36 B usaUSA
Cadiz Cadiz
CDZI
 		$ 3.62 0.13 % $ 301 M usaUSA
California Water Service Group California Water Service Group
CWT
 		$ 48.19 0.5 % $ 2.87 B usaUSA
Middlesex Water Company Middlesex Water Company
MSEX
 		$ 56.5 0.15 % $ 1.02 B usaUSA
Pure Cycle Corporation Pure Cycle Corporation
PCYO
 		$ 11.05 0.63 % $ 266 M usaUSA
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SBS
 		$ 5.23 2.6 % $ 18.4 B brasilBrasil
Essential Utilities Essential Utilities
WTRG
 		$ 41.61 1.31 % $ 8.11 B usaUSA
Global Water Resources Global Water Resources
GWRS
 		$ 8.72 0.06 % $ 236 M usaUSA
The York Water Company The York Water Company
YORW
 		$ 33.14 0.09 % $ 477 M usaUSA
Мультисистема Мультисистема
MSST
 		- - - russiaRussia
SJW Group SJW Group
SJW
 		- -1.27 % $ 1.69 B usaUSA