Year Ended December 31,

2025

2024

2023

Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders

$

18,627,308

$

17,882,370

$

30,672,135

Less: preferred stock dividends

(22,572)

(18,595)

(15,513)

Net income from continuing operations available to common shares in the determination of basic earnings per common share

18,604,736

17,863,775

30,656,622

Income (loss) from discontinued operations

(290,635)

10,355,184

(1,086,744)

Net income available to common shares in the determination of basic earnings per common share

$

18,314,101

$

28,218,959

$

29,569,878

Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

15,923,032

15,832,328

15,739,056

Plus:

Weighted average number of preferred shares outstanding during the period

41,907

44,257

39,885

Potential dilutive effect of unexercised options and unvested stock grants

43,124

59,377

86,956

Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

16,008,063

15,935,962

15,865,897