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Earnings per share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings per share  
Schedule of computation of basic and diluted EPS

The following summarizes information related to the computation of basic and diluted EPS:

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

    

2024

    

2023

 

2024

    

2023

Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders

$

4,957,318

$

8,838,123

$

16,141,143

$

20,442,384

Less: preferred stock dividends

 

(4,912)

 

(4,295)

 

(13,754)

 

(11,305)

Net income from continuing operations available to common shares in the determination of basic earnings per common share

 

4,952,406

 

8,833,828

 

16,127,389

 

20,431,079

Income (loss) from discontinued operations

 

(502,854)

 

(232,994)

 

10,637,926

 

(699,858)

Net income available to common shares in the determination of basic earnings per common share

$

4,449,552

$

8,600,834

$

26,765,315

$

19,731,221

Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

 

15,833,715

 

15,742,854

 

15,830,599

 

15,734,234

Plus:

 

 

 

 

Weighted average number of preferred shares outstanding during the period

 

45,118

 

45,950

 

44,494

 

38,385

Potential dilutive effect of unexercised options and unvested stock grants

 

110,768

 

139,800

 

110,926

 

137,106

Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

 

15,989,601

 

15,928,604

 

15,986,019

 

15,909,725