Earnings per share

9 Months Ended

Sep. 30, 2025

Earnings per share

Earnings per share

4. Earnings per share

Earnings per share (“EPS”) is computed on a basic and diluted basis. Basic EPS is computed by dividing net income (less preferred stock dividends) available to common stockholders by the weighted average number of common shares outstanding during the period. The computation of diluted EPS assumes the issuance of common shares for all potential common shares outstanding during the reporting period and, if dilutive, the effect of stock options as computed under the treasury stock method.

The following summarizes information related to the computation of basic and diluted EPS:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders	$	5,569,564	$	4,957,318	$	15,672,435	$	16,141,143
Less: preferred stock dividends		(5,571)		(4,912)		(17,041)		(13,754)
Net income from continuing operations available to common shares in the determination of basic earnings per common share		5,563,993		4,952,406		15,655,394		16,127,389
Income (loss) from discontinued operations		(37,220)		(502,854)		(252,857)		10,637,926
Net income available to common shares in the determination of basic earnings per common share	$	5,526,773	$	4,449,552	$	15,402,537	$	26,765,315
Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		15,924,851		15,833,715		15,919,167		15,830,599
Plus:
Weighted average number of preferred shares outstanding during the period		43,687		45,118		42,644		44,494
Potential dilutive effect of unexercised options and unvested stock grants		86,019		110,768		85,501		110,926
Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		16,054,557		15,989,601		16,047,312		15,986,019