Earnings per share

6 Months Ended

Jun. 30, 2025

Earnings per share

Earnings per share

4. Earnings per share

Earnings per share (“EPS”) is computed on a basic and diluted basis. Basic EPS is computed by dividing net income (less preferred stock dividends) available to common stockholders by the weighted average number of common shares outstanding during the period. The computation of diluted EPS assumes the issuance of common shares for all potential common shares outstanding during the reporting period and, if dilutive, the effect of stock options as computed under the treasury stock method.

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders	$	5,178,761	$	4,242,411	$	10,102,871	$	11,183,825
Less: preferred stock dividends		(6,978)		(4,660)		(11,469)		(8,843)
Net income from continuing operations available to common shares in the determination of basic earnings per common share		5,171,783		4,237,751		10,091,402		11,174,982
Income (loss) from discontinued operations		(82,556)		11,607,846		(215,637)		11,140,780
Net income available to common shares in the determination of basic earnings per common share	$	5,089,227	$	15,845,597	$	9,875,765	$	22,315,762
Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		15,916,685		15,829,120		15,916,278		15,829,024
Plus:
Weighted average number of preferred shares outstanding during the period		42,510		44,176		42,114		44,178
Potential dilutive effect of unexercised options and unvested stock grants		85,116		110,375		85,140		110,952
Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders		16,044,311		15,983,671		16,043,532		15,984,154