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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CONSOLIDATED STATEMENTS OF INCOME    
Revenue $ 39,689,390 $ 32,868,990
Cost of revenue 25,811,367 22,309,908
Gross profit 13,878,023 10,559,082
General and administrative expenses 6,564,029 6,036,662
Gain on asset dispositions and impairments, net   5,916
Income from operations 7,313,994 4,528,336
Other income (expense):    
Interest income 334,142 113,644
Interest expense (33,501) (37,844)
Profit-sharing income from OC-BVI 20,250 14,175
Equity in the earnings of OC-BVI 57,316 35,558
Other 39,977 31,526
Other income, net 418,184 157,059
Income before income taxes 7,732,178 4,685,395
Provision for income taxes 621,696 449,485
Net income from continuing operations 7,110,482 4,235,910
Income from continuing operations attributable to non-controlling interests 169,068 163,121
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders 6,941,414 4,072,789
Total loss from discontinued operations (467,066) (259,163)
Net income attributable to Consolidated Water Co. Ltd. stockholders $ 6,474,348 $ 3,813,626
Basic earnings (loss) per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations $ 0.44 $ 0.26
Discontinued operations (0.03) (0.02)
Basic earnings per share 0.41 0.24
Diluted earnings (loss) per common share attributable to Consolidated Water Co. Ltd. common stockholders    
Continuing operations 0.43 0.26
Discontinued operations (0.03) (0.02)
Diluted earnings per share 0.40 0.24
Dividends declared per common and redeemable preferred shares $ 0.095 $ 0.085
Weighted average number of common shares used in the determination of:    
Basic earnings per share 15,828,929 15,723,595
Diluted earnings per share 15,984,548 15,888,028