Earnings per share

6 Months Ended

Jun. 30, 2026

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 June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders	$	4,037,320	$	5,178,761	$	7,857,791	$	10,102,871
Less: preferred stock dividends		(6,683)		(6,978)		(12,132)		(11,469)
Net income from continuing operations available to common shares in the determination of basic earnings per common share		4,030,637		5,171,783		7,845,659		10,091,402
Loss from discontinued operations		(105,574)		(82,556)		(148,616)		(215,637)
Net income available to common shares in the determination of basic earnings per common share	$	3,925,063	$	5,089,227	$	7,697,043	$	9,875,765
Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		16,000,190		15,916,685		16,000,136		15,916,278
Plus:
Weighted average number of preferred shares outstanding during the period		40,749		42,510		40,004		42,114
Potential dilutive effect of unexercised options and unvested stock grants		67,238		85,116		67,556		85,140
Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		16,108,177		16,044,311		16,107,696		16,043,532