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v3.23.1

Segment information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Segment information |
Schedule of segment reporting information, by segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended March 31, 2023
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Revenue | ​ | $ | 7,771,095 | ​ | $ | 9,004,373 | ​ | $ | 12,721,701 | ​ | $ | 3,371,821 |  | $ | 32,868,990
Cost of revenue | ​ |  | 3,550,794 | ​ |  | 6,243,146 | ​ |  | 10,044,078 | ​ |  | 2,471,890 | ​ |  | 22,309,908
Gross profit | ​ |  | 4,220,301 | ​ |  | 2,761,227 | ​ |  | 2,677,623 | ​ |  | 899,931 | ​ |  | 10,559,082
General and administrative expenses | ​ |  | 4,177,107 | ​ |  | 352,975 | ​ |  | 1,088,672 | ​ |  | 417,908 | ​ |  | 6,036,662
(Loss) gain on asset dispositions and impairments, net | ​ |  | (7,287) | ​ |  | 11,270 | ​ |  | — | ​ |  | 1,933 | ​ |  | 5,916
Income from operations | ​ | $ | 35,907 | ​ | $ | 2,419,522 | ​ | $ | 1,588,951 | ​ | $ | 483,956 | ​ |  | 4,528,336
Other income, net | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  | 157,059
Income before income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 4,685,395
Provision for income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 449,485
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 4,235,910
Income from continuing operations attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 163,121
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 4,072,789
Net loss from discontinued operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | (259,163)
Net income attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ | $ | 3,813,626
​ Depreciation and amortization expenses for the three months ended March 31, 2023 for the retail, bulk, services and manufacturing segments were $626,637, $728,129, $171,349 and $67,963, respectively. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 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
Provision for income taxes | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 46,273
Net income from continuing operations | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,565,559
Income attributable to non-controlling interests | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 241,430
Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | 2,324,129
Net 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. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of March 31, 2023
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 3,227,894 | ​ | $ | 16,841,269 | ​ | $ | 7,081,934 | ​ | $ | 2,398,966 | ​ | $ | 29,550,063
Inventory, current and non-current | ​ | $ | 2,883,585 | ​ | $ | 4,173,385 | ​ | $ | 1,613,984 | ​ | $ | 5,167,112 | ​ | $ | 13,838,066
Property, plant and equipment, net | ​ | $ | 27,246,976 | ​ | $ | 21,953,978 | ​ | $ | 701,393 | ​ | $ | 1,582,137 | ​ | $ | 51,484,484
Construction in progress | ​ | $ | 4,799,471 | ​ | $ | — | ​ | $ | — | ​ | $ | 61,792 | ​ | $ | 4,861,263
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 1,951,111 | ​ | $ | 731,111 | ​ | $ | 2,682,222
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 1,985,211 | ​ | $ | 10,425,013
Total segment assets | ​ | $ | 62,524,167 | ​ | $ | 58,011,877 | ​ | $ | 43,164,635 | ​ | $ | 16,413,020 | ​ | $ | 180,113,699
Assets of discontinued operations | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 21,498,649
Total assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 201,612,348
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2022
​ |  | Retail |  | Bulk |  | Services |  | Manufacturing |  | Total
Accounts receivable, net | ​ | $ | 2,953,927 | ​ | $ | 16,554,940 | ​ | $ | 5,838,721 | ​ | $ | 1,698,594 | ​ | $ | 27,046,182
Inventory, current and non-current | ​ | $ | 2,759,659 | ​ | $ | 4,037,684 | ​ | $ | — | ​ | $ | 3,481,486 | ​ | $ | 10,278,829
Property, plant and equipment, net | ​ | $ | 27,697,490 | ​ | $ | 22,510,658 | ​ | $ | 759,409 | ​ | $ | 1,561,988 | ​ | $ | 52,529,545
Construction in progress | ​ | $ | 3,643,889 | ​ | $ | — | ​ | $ | — | ​ | $ | 61,792 | ​ | $ | 3,705,681
Intangibles, net | ​ | $ | — | ​ | $ | — | ​ | $ | 2,064,444 | ​ | $ | 754,444 | ​ | $ | 2,818,888
Goodwill | ​ | $ | 1,170,511 | ​ | $ | 1,948,875 | ​ | $ | 5,320,416 | ​ | $ | 1,985,211 | ​ | $ | 10,425,013
Total segment assets | ​ | $ | 65,853,789 | ​ | $ | 56,118,243 | ​ | $ | 36,319,078 | ​ | $ | 13,054,971 | ​ | $ | 171,346,081
Assets of discontinued operations | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | $ | 21,660,768
Total assets | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ | $ | 193,006,849

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- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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