XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.22.1

Segment information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Segment information |
Schedule of segment reporting information, by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended March 31, 2022
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 6,313,200 | ​ | $ | 7,350,644 | ​ | $ | 4,743,820 | ​ | $ | 1,150,241 |  | $ | 19,557,905
Cost of revenue | ​ |  | 3,053,740 | ​ |  | 4,687,119 | ​ |  | 3,649,180 | ​ |  | 1,022,102 | ​ |  | 12,412,141
Gross profit | ​ |  | 3,259,460 | ​ |  | 2,663,525 | ​ |  | 1,094,640 | ​ |  | 128,139 | ​ |  | 7,145,764
General and administrative expenses | ​ |  | 3,450,406 | ​ |  | 310,303 | ​ |  | 779,974 | ​ |  | 325,434 | ​ |  | 4,866,117
Gain on asset dispositions and impairments, net | ​ |  | — | ​ |  | — | ​ |  | 12,458 | ​ |  | — | ​ |  | 12,458
Income (loss) from operations | ​ | $ | (190,946) | ​ | $ | 2,353,222 | ​ | $ | 327,124 | ​ | $ | (197,295) | ​ |  | 2,292,105
Other income, net | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  | 319,727
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,611,832
Income tax provision | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 46,273
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,565,559
Income from continuing operations attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 241,430
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,324,129
Loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (607,314)
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 1,716,815
​ Depreciation and amortization expenses for the three months ended March 31, 2022 for the retail, bulk, services and manufacturing segments were $615,685, $702,259, $158,999 and $71,208, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended March 31, 2021
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 5,711,305 | ​ | $ | 6,245,970 | ​ | $ | 3,540,846 | ​ | $ | 1,605,196 | ​ | $ | 17,103,317
Cost of revenue | ​ |  | 2,707,994 | ​ |  | 4,155,153 | ​ |  | 2,721,928 | ​ |  | 1,391,732 | ​ |  | 10,976,807
Gross profit | ​ |  | 3,003,311 | ​ |  | 2,090,817 | ​ |  | 818,918 | ​ |  | 213,464 | ​ |  | 6,126,510
General and administrative expenses | ​ |  | 3,371,010 | ​ |  | 377,503 | ​ |  | 722,020 | ​ |  | 293,953 | ​ |  | 4,764,486
Gain (loss) on asset dispositions and impairments, net | ​ |  | (250,000) | ​ |  | 1,500 | ​ |  | (433) | ​ |  | — | ​ |  | (248,933)
Income (loss) from operations | ​ | $ | (617,699) | ​ | $ | 1,714,814 | ​ | $ | 96,465 | ​ | $ | (80,489) | ​ |  | 1,113,091
Other income, net | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 314,608
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,427,699
Income tax (benefit) | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (2,660)
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,430,359
Income attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 128,793
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 1,301,566
Loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (312,794)
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 988,772
​ Depreciation and amortization expenses for the three months ended March 31, 2021 for the retail, bulk, services and manufacturing segments were $634,255, $953,760, $200,495 and $75,533, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of March 31, 2022
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,594,892 | ​ | $ | 21,491,345 | ​ | $ | 2,850,700 | ​ | $ | 63,890 | ​ | $ | 27,000,827
Inventory, current and non-current | ​ | $ | 2,678,139 | ​ | $ | 4,181,135 | ​ | $ | — | ​ | $ | 1,073,449 | ​ | $ | 7,932,723
Property, plant and equipment, net | ​ | $ | 25,850,047 | ​ | $ | 23,896,511 | ​ | $ | 479,218 | ​ | $ | 1,565,223 | ​ | $ | 51,790,999
Construction in progress | ​ | $ | 1,232,327 | ​ | $ | 31,737 | ​ | $ | — | ​ | $ | 61,792 | ​ | $ | 1,325,856
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 2,429,721 | ​ | $ | 824,445 | ​ | $ | 3,254,166
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 1,985,211 | ​ | $ | 10,425,013
Total segment assets | ​ | $ | 61,240,723 | ​ | $ | 70,647,191 | ​ | $ | 17,045,216 | ​ | $ | 7,694,865 | ​ | $ | 156,627,995
Assets of discontinued operations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 21,764,544
Total assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 178,392,539
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2021
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,601,619 | ​ | $ | 21,682,951 | ​ | $ | 1,698,797 | ​ | $ | 1,365,940 | ​ | $ | 27,349,307
Inventory, current and non-current | ​ | $ | 2,787,277 | ​ | $ | 3,860,808 | ​ | $ | — | ​ | $ | 589,757 | ​ | $ | 7,237,842
Property, plant and equipment, net | ​ | $ | 26,357,390 | ​ | $ | 24,476,936 | ​ | $ | 512,493 | ​ | $ | 1,599,720 | ​ | $ | 52,946,539
Construction in progress | ​ | $ | 617,334 | ​ | $ | 31,737 | ​ | $ | — | ​ | $ | 61,792 | ​ | $ | 710,863
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 2,553,888 | ​ | $ | 847,778 | ​ | $ | 3,401,666
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 1,985,211 | ​ | $ | 10,425,013
Total segment assets | ​ | $ | 61,736,441 | ​ | $ | 68,723,405 | ​ | $ | 16,049,001 | ​ | $ | 8,198,280 | ​ | $ | 154,707,127
Assets of discontinued operations | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | $ | 22,319,927
Total assets | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | $ | 177,027,054

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration