Consolidated Water Co. Ltd. (OQ:CWCO)

Business Focus: Water Supply & Irrigation Systems

Sector:  Utilities Industry:  Water Utilities
See Regulatory Filings on SEC
Company Contact
Address: West Bay Road,
P.O. Box 1114
Tel: N/A
IR: See website
Key People
Wilmer F. Pergande
Independent Chairman of the Board
Robert B. Morrison
Vice President - Procurement and Logistics
Frederick W. McTaggart
President, Chief Executive Officer, Director
David W. Sasnett
Chief Financial Officer, Executive Vice President
Ramjeet Jerrybandan
Executive Vice President - Operations, Company Secretary
John B. Tonner
Executive Vice President, Chief Commercial Officer
Douglas R. Vizzini
Vice President - Finance
Brent A. Brodie
Vice President - Sales and Marketing
Armando V. Averhoff
Vice President - Information Technology
Jamie Bryan
Vice President of Manufacturing
Business Overview
Consolidated Water Co. Ltd. develops and operates seawater desalination plants (that utilize reverse osmosis technology) and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The Company operates in three segments: retail water operations, bulk water operations and services operations. The retail water operations segment produces and supplies water to end users, including residential, commercial and government customers. The bulk water operations segment produces potable water from seawater and sells this water to governments and private customers. The services operations segment provides engineering and management services, including designing and constructing desalination plants, and managing and operating plants owned by affiliated companies. Through its subsidiaries and affiliates, it provides various services to its customers in the Cayman Islands, The Bahamas, Belize, the British Virgin Islands and Indonesia.
Financial Overview
For the nine months ended 30 September 2019, Consolidated Water Co. Ltd. revenues increased 7% to $51.2M. Net income applicable to common stockholders excluding extraordinary items decreased 15% to $6.8M. Revenues reflect Manufacturing segment increase from $4.8M to $10.5M, Retail segment increase of 6% to $19.9M. Net income was offset by Bulk segment income decrease of 14% to $5.7M, Retail segment income decrease of 2% to $1.6M.
Employees: 108 as of Mar 8, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $209.37M as of Sep 30, 2019
Annual revenue (TTM): $66.87M as of Sep 30, 2019
EBITDA (TTM): $15.77M as of Sep 30, 2019
Net annual income (TTM): $8.10M as of Sep 30, 2019
Free cash flow (TTM): $3.42M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 15,027,574 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization