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Earnings per share (Tables)
6 Months Ended
Jun. 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 June 30, 

 

Six Months Ended June 30, 

    

2024

    

2023

 

2024

    

2023

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

$

4,242,411

$

7,531,472

$

11,183,825

$

11,604,261

Less: preferred stock dividends

 

(4,660)

 

(4,087)

 

(8,843)

 

(7,010)

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

 

4,237,751

 

7,527,385

 

11,174,982

 

11,597,251

Income (loss) from discontinued operations

 

11,607,846

 

(207,701)

 

11,140,780

 

(466,864)

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

$

15,845,597

$

7,319,684

$

22,315,762

$

11,130,387

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

 

15,829,120

 

15,736,041

 

15,829,024

 

15,729,852

Plus:

 

 

 

 

Weighted average number of preferred shares outstanding during the period

 

44,176

 

34,695

 

44,178

 

34,540

Potential dilutive effect of unexercised options and unvested stock grants

 

110,375

 

136,704

 

110,952

 

135,531

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

 

15,983,671

 

15,907,440

 

15,984,154

 

15,899,923