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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF INCOME    
Revenue $ 19,557,905 $ 17,103,317
Cost of revenue (including purchases from related parties of $839,432 in 2022 and $155,982 in 2021) 12,412,141 10,976,807
Gross profit 7,145,764 6,126,510
General and administrative expenses (including purchases from related parties of $24,231 in 2021 and $4,429 in 2021) 4,866,117 4,764,486
Gain (loss) on asset dispositions and impairments, net 12,458 (248,933)
Income from operations 2,292,105 1,113,091
Other income (expense):    
Interest income 180,687 160,364
Interest expense (4,081) (2,860)
Profit-sharing income from OC-BVI 10,125 6,075
Equity in the earnings of OC-BVI 31,766 15,780
Net unrealized gain on put/call options 75,000 131,000
Other 26,230 4,249
Other income, net 319,727 314,608
Income before income taxes 2,611,832 1,427,699
Income tax provision (benefit) 46,273 (2,660)
Net income from continuing operations 2,565,559 1,430,359
Income from continuing operations attributable to non-controlling interests 241,430 128,793
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 2,324,129 1,301,566
Loss from discontinued operations (607,314) (312,794)
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 1,716,815 $ 988,772
Basic earnings (loss) per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations $ 0.15 $ 0.08
Discontinued operations (0.04) (0.02)
Basic earnings per share 0.11 0.06
Diluted earnings (loss) per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations 0.15 0.08
Discontinued operations (0.04) (0.02)
Diluted earnings per share 0.11 0.06
Dividends declared per common and redeemable preferred shares $ 0.085 $ 0.085
Weighted average number of common shares used in the determination of:    
Basic earnings per share 15,285,523 15,201,458
Diluted earnings per share 15,435,691 15,356,842