Consolidated Water to Benefit From Usage of Latest Technology

Core Viewpoint - Consolidated Water Co. Ltd. (CWCO) is leveraging advanced technology for seawater conversion to potable water, enhancing its operational performance through acquisitions and organic growth [1][2]. Group 1: Company Operations and Technology - CWCO utilizes Reverse Osmosis Technology at all its water treatment plants, which is crucial for converting seawater to drinking water [2]. - The company operates 10 water production plants with a total capacity of 24.9 million gallons per day across four countries, and is actively seeking new market opportunities for drinking water and wastewater services [4]. Group 2: Expansion Strategies - CWCO aims to expand into complementary service industries, targeting businesses that operate advanced water-treatment plants under medium to long-term contracts with government entities [3]. - The company is pursuing growth opportunities through joint ventures, strategic alliances, and acquisitions [3]. Group 3: Financial Challenges - CWCO's Bahamas subsidiary faces significant delays in collecting accounts receivable, with $25.4 million owed as of June 30, 2024, of which nearly 79% is delinquent, impacting liquidity [5]. - Demand for water services is subject to fluctuations due to weather conditions and tourism levels, which can adversely affect operational results and cash flows [6]. Group 4: Stock Performance - Over the past three months, CWCO's stock has returned 1.9%, underperforming compared to the industry's growth of 12.9% [7]. - Since June 25, 2024, CWCO's stock growth has been significantly lower than the Utility-Water Supply Market [8].