XML 42 R32.htm IDEA: XBRL DOCUMENT v3.22.2
Segment information (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
segment
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting Information [Line Items]          
Number of Reportable Segments | segment     4    
Revenue $ 21,067,127 $ 16,701,524 $ 40,625,032 $ 33,804,841  
Cost of revenue 13,591,630 10,636,671 26,003,771 21,613,478  
Gross profit 7,475,497 6,064,853 14,621,261 12,191,363  
General and administrative expenses 4,926,691 4,724,304 9,792,808 9,488,790  
Gain (loss) on asset dispositions and impairments, net 5,280 (2,896,640) 17,738 (3,145,573)  
Income (loss) from operations 2,554,086 (1,556,091) 4,846,191 (443,000)  
Other income, net 397,982 233,114 717,709 547,722  
Income (loss) before income taxes 2,952,068 (1,322,977) 5,563,900 104,722  
Benefit from income taxes 10,152 (6,845) 56,425 (9,505)  
Net income (loss) from continuing operations 2,941,916 (1,316,132) 5,507,475 114,227  
Income attributable to non-controlling interests 232,197 197,138 473,627 325,931  
Net income (loss) from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 2,709,719 (1,513,270) 5,033,848 (211,704)  
Loss from discontinued operations (419,833) (151,379) (1,027,147) (464,173)  
Net income (loss) attributable to Consolidated Water Co. Ltd. stockholders 2,289,886 (1,664,649) 4,006,701 (675,877)  
Accounts receivable, net 22,680,801   22,680,801   $ 27,349,307
Inventory, current and non-current 8,498,326   8,498,326   7,237,842
Property, plant and equipment, net 50,938,339   50,938,339   52,946,539
Construction in progress 2,034,413   2,034,413   710,863
Intangibles, net 3,106,667   3,106,667   3,401,666
Goodwill 10,425,013   10,425,013   10,425,013
Total segment assets 161,027,019   161,027,019   154,707,127
Assets of discontinued operations 21,554,992   21,554,992   22,319,927
Total assets 182,582,011   182,582,011   177,027,054
Retail [Member]          
Segment Reporting Information [Line Items]          
Revenue 6,526,803 5,674,790 12,840,003 11,386,095  
Cost of revenue 3,118,411 2,781,909 6,172,151 5,489,903  
Gross profit 3,408,392 2,892,881 6,667,852 5,896,192  
General and administrative expenses 3,345,109 3,318,473 6,795,515 6,689,483  
Gain (loss) on asset dispositions and impairments, net 1,200 3,360 1,200 (246,640)  
Income (loss) from operations 64,483 (422,232) (126,463) (1,039,931)  
Accounts receivable, net 2,483,105   2,483,105   2,601,619
Inventory, current and non-current 2,736,689   2,736,689   2,787,277
Property, plant and equipment, net 25,397,237   25,397,237   26,357,390
Construction in progress 1,940,884   1,940,884   617,334
Goodwill 1,170,511   1,170,511   1,170,511
Total segment assets 62,530,143   62,530,143   61,736,441
Bulk [Member]          
Segment Reporting Information [Line Items]          
Revenue 8,423,749 6,711,971 15,774,393 12,957,941  
Cost of revenue 5,647,583 4,386,794 10,334,702 8,541,947  
Gross profit 2,776,166 2,325,177 5,439,691 4,415,994  
General and administrative expenses 404,072 303,856 714,375 681,359  
Gain (loss) on asset dispositions and impairments, net       1,500  
Income (loss) from operations 2,372,094 2,021,321 4,725,316 3,736,135  
Accounts receivable, net 13,620,152   13,620,152   21,682,951
Inventory, current and non-current 4,339,891   4,339,891   3,860,808
Property, plant and equipment, net 23,308,053   23,308,053   24,476,936
Construction in progress 31,737   31,737   31,737
Goodwill 1,948,875   1,948,875   1,948,875
Total segment assets 68,320,138   68,320,138   68,723,405
Services [Member]          
Segment Reporting Information [Line Items]          
Revenue 5,055,483 3,763,239 9,799,303 7,304,085  
Cost of revenue 3,865,867 2,878,409 7,515,047 5,600,337  
Gross profit 1,189,616 884,830 2,284,256 1,703,748  
General and administrative expenses 838,040 671,585 1,618,014 1,393,605  
Gain (loss) on asset dispositions and impairments, net 4,080   16,538 (433)  
Income (loss) from operations 355,656 213,245 682,780 309,710  
Accounts receivable, net 5,962,620   5,962,620   1,698,797
Property, plant and equipment, net 708,496   708,496   512,493
Intangibles, net 2,305,556   2,305,556   2,553,888
Goodwill 5,320,416   5,320,416   5,320,416
Total segment assets 21,643,203   21,643,203   16,049,001
Manufacturing Units [Member]          
Segment Reporting Information [Line Items]          
Revenue 1,061,092 551,524 2,211,333 2,156,720  
Cost of revenue 959,769 589,559 1,981,871 1,981,291  
Gross profit 101,323 (38,035) 229,462 175,429  
General and administrative expenses 339,470 430,390 664,904 724,343  
Gain (loss) on asset dispositions and impairments, net   (2,900,000)   (2,900,000)  
Income (loss) from operations (238,147) $ (3,368,425) (435,442) $ (3,448,914)  
Accounts receivable, net 614,924   614,924   1,365,940
Inventory, current and non-current 1,421,746   1,421,746   589,757
Property, plant and equipment, net 1,524,553   1,524,553   1,599,720
Construction in progress 61,792   61,792   61,792
Intangibles, net 801,111   801,111   847,778
Goodwill 1,985,211   1,985,211   1,985,211
Total segment assets $ 8,533,535   $ 8,533,535   $ 8,198,280