XML 45 R32.htm IDEA: XBRL DOCUMENT v3.23.2
Segment information (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
segment
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting Information [Line Items]          
Number of Reportable Segments | segment     4    
Number of other business segments | segment     3    
Revenue $ 44,237,263 $ 21,067,127 $ 77,106,253 $ 40,625,032  
Cost of revenue 28,773,714 13,591,630 51,083,622 26,003,771  
Gross profit 15,463,549 7,475,497 26,022,631 14,621,261  
General and administrative expenses 5,984,915 4,926,691 12,021,577 9,792,808  
Gain (loss) on asset dispositions and impairments, net 1,000 5,280 6,916 17,738  
Income from operations 9,479,634 2,554,086 14,007,970 4,846,191  
Other income, net 129,131 397,982 286,190 717,709  
Income before income taxes 9,608,765 2,952,068 14,294,160 5,563,900  
Benefit for income taxes 1,940,067 10,152 2,389,552 56,425  
Net income from continuing operations 7,668,698 2,941,916 11,904,608 5,507,475  
Income from continuing operations attributable to non-controlling interests 137,226 232,197 300,347 473,627  
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 7,531,472 2,709,719 11,604,261 5,033,848  
Net loss from discontinued operations (207,701) (419,833) (466,864) (1,027,147)  
Net income attributable to Consolidated Water Co. Ltd. stockholders 7,323,771 2,289,886 11,137,397 4,006,701  
Accounts receivable, net 30,302,638   30,302,638   $ 27,046,182
Inventory, current and non-current 14,849,556   14,849,556   10,278,829
Contract assets 8,192,770   8,192,770   2,913,722
Property, plant and equipment, net 50,733,041   50,733,041   52,529,545
Construction in progress 5,890,363   5,890,363   3,705,681
Intangibles, net 2,545,556   2,545,556   2,818,888
Goodwill 10,425,013   10,425,013   10,425,013
Total segment assets 183,630,561   183,630,561   171,346,081
Assets of discontinued operations 21,449,715   21,449,715   21,660,768
Total assets 205,080,276   205,080,276   193,006,849
Retail [Member]          
Segment Reporting Information [Line Items]          
Revenue 7,573,329 6,526,803 15,344,424 12,840,003  
Cost of revenue 3,433,132 3,118,411 6,983,926 6,172,151  
Gross profit 4,140,197 3,408,392 8,360,498 6,667,852  
General and administrative expenses 4,265,535 3,345,109 8,442,642 6,795,515  
Gain (loss) on asset dispositions and impairments, net   1,200 (7,287) 1,200  
Income from operations (125,338) 64,483 (89,431) (126,463)  
Accounts receivable, net 2,888,718   2,888,718   2,953,927
Inventory, current and non-current 2,982,133   2,982,133   2,759,659
Property, plant and equipment, net 26,784,612   26,784,612   27,697,490
Construction in progress 5,798,183   5,798,183   3,643,889
Goodwill 1,170,511   1,170,511   1,170,511
Total segment assets 60,266,383   60,266,383   65,853,789
Bulk [Member]          
Segment Reporting Information [Line Items]          
Revenue 8,482,495 8,423,749 17,486,868 15,774,393  
Cost of revenue 5,931,735 5,647,583 12,174,881 10,334,702  
Gross profit 2,550,760 2,776,166 5,311,987 5,439,691  
General and administrative expenses 379,900 404,072 732,875 714,375  
Gain (loss) on asset dispositions and impairments, net 1,000   12,270    
Income from operations 2,171,860 2,372,094 4,591,382 4,725,316  
Accounts receivable, net 16,706,287   16,706,287   16,554,940
Inventory, current and non-current 4,521,035   4,521,035   4,037,684
Property, plant and equipment, net 21,593,941   21,593,941   22,510,658
Construction in progress 30,388   30,388    
Goodwill 1,948,875   1,948,875   1,948,875
Total segment assets 60,738,383   60,738,383   56,118,243
Services [Member]          
Segment Reporting Information [Line Items]          
Revenue 24,093,963 5,055,483 36,815,664 9,799,303  
Cost of revenue 16,248,141 3,865,867 26,292,219 7,515,047  
Gross profit 7,845,822 1,189,616 10,523,445 2,284,256  
General and administrative expenses 904,560 838,040 1,993,232 1,618,014  
Gain (loss) on asset dispositions and impairments, net   4,080   16,538  
Income from operations 6,941,262 355,656 8,530,213 682,780  
Accounts receivable, net 9,313,767   9,313,767   5,838,721
Inventory, current and non-current 2,442,895   2,442,895    
Contract assets 4,391,497   4,391,497   1,249,069
Property, plant and equipment, net 788,538   788,538   759,409
Intangibles, net 1,837,778   1,837,778   2,064,444
Goodwill 5,320,416   5,320,416   5,320,416
Total segment assets 46,324,828   46,324,828   36,319,078
Manufacturing Units [Member]          
Segment Reporting Information [Line Items]          
Revenue 4,087,476 1,061,092 7,459,297 2,211,333  
Cost of revenue 3,160,706 959,769 5,632,596 1,981,871  
Gross profit 926,770 101,323 1,826,701 229,462  
General and administrative expenses 434,920 339,470 852,828 664,904  
Gain (loss) on asset dispositions and impairments, net     1,933    
Income from operations 491,850 $ (238,147) 975,806 $ (435,442)  
Accounts receivable, net 1,393,866   1,393,866   1,698,594
Inventory, current and non-current 4,903,493   4,903,493   3,481,486
Contract assets 3,801,273   3,801,273   1,664,653
Property, plant and equipment, net 1,565,950   1,565,950   1,561,988
Construction in progress 61,792   61,792   61,792
Intangibles, net 707,778   707,778   754,444
Goodwill 1,985,211   1,985,211   1,985,211
Total segment assets $ 16,300,967   $ 16,300,967   $ 13,054,971