CWCO
Consolidated Water Co. Ltd.
Price Chart
Latest Quote
$38.35
Current Price| Previous Close | $37.88 |
| Open | $38.12 |
| Day High | $38.70 |
| Day Low | $37.80 |
| Volume | 84,859 |
Stock Information
| Quarterly Dividend / Yield | $0.56 / 1.48% |
| Shares Outstanding | 15.93M |
| Total Debt | $3.22M |
| Cash Equivalents | $123.55M |
| Revenue | $130.83M |
| Net Income | $17.39M |
| Sector | Utilities |
| Industry | Utilities - Regulated Water |
| Market Cap | $610.97M |
| P/E Ratio | 35.51 |
| EPS (TTM) | $1.08 |
| Exchange | NMS |
đ Custom Metrics & Score
Score: 29/42| Debt to Equity | 0.02 |
| Debt to Earnings | 0.08 |
| Current Ratio | 6.33 |
| Quick Ratio | 5.75 |
| Avg Revenue Growth | 25.09% |
| Profit Margin | 21.08% |
| Return on Equity | 13.45% |
| Avg FCF Growth | 111.13% |
| FCF Yield | 4.88% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $38.35 | 85,419 |
| 2026-01-30 | $37.88 | 101,400 |
| 2026-01-29 | $37.68 | 73,200 |
| 2026-01-28 | $37.20 | 68,400 |
| 2026-01-27 | $38.17 | 92,000 |
| 2026-01-26 | $37.79 | 43,700 |
| 2026-01-23 | $37.28 | 43,300 |
| 2026-01-22 | $37.65 | 62,700 |
| 2026-01-21 | $36.85 | 69,200 |
| 2026-01-20 | $36.23 | 45,500 |
| 2026-01-16 | $37.46 | 105,100 |
| 2026-01-15 | $37.56 | 65,800 |
| 2026-01-14 | $36.91 | 66,300 |
| 2026-01-13 | $37.03 | 68,500 |
| 2026-01-12 | $36.59 | 61,700 |
| 2026-01-09 | $35.77 | 65,000 |
| 2026-01-08 | $35.60 | 35,400 |
| 2026-01-07 | $35.00 | 38,700 |
| 2026-01-06 | $35.64 | 66,900 |
| 2026-01-05 | $35.05 | 60,700 |
| 2026-01-02 | $nan | 0 |
About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd., together with its subsidiaries, supplies potable water, treats wastewater and water for reuse, and provides water-related products and services in the Cayman Islands, the Bahamas, the United States, and the British Virgin Islands. The company operates through Retail, Bulk, Services, and Manufacturing segments. It produces potable water from seawater utilizing reverse osmosis technology and supplies water to end-users, including residential, commercial, and government customers, as well as government-owned distributors. The company is also involved in design, construction, and sale of water production and treatment plants, as well as management and operation of water production plants, and treatment and reuse infrastructure for third parties; provision of water related consulting services; and production and supply of bulk water. In addition, it manufactures and services a range of specialized and custom water-related products and systems applicable to commercial, municipal, and industrial water production, supply, and treatment; reverse osmosis desalination, membrane separation, and filtration equipment; and piping systems, vessels, and custom-fabricated components. Consolidated Water Co. Ltd. was incorporated in 1973 and is headquartered in Grand Cayman, the Cayman Islands.
đ° Latest News
Consolidated Water (CWCO) Outpaces Stock Market Gains: What You Should Know
Zacks âĸ 2026-01-27T23:00:02Z
Consolidated Water (CWCO) Outperforms Broader Market: What You Need to Know
Zacks âĸ 2026-01-21T23:15:04Z
Estimating The Fair Value Of Consolidated Water Co. Ltd. (NASDAQ:CWCO)
Simply Wall St. âĸ 2026-01-20T11:25:07Z
Is Consolidated Water (CWCO) a Buy as Wall Street Analysts Look Optimistic?
Zacks âĸ 2025-12-31T14:30:04Z
Why Consolidated Water (CWCO) is a Top Momentum Stock for the Long-Term
Zacks âĸ 2025-11-27T14:50:02Z
Consolidated Water Q3 Earnings and Sales Surpass Estimates
Zacks âĸ 2025-11-12T17:26:00Z
Consolidated Water (CWCO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks âĸ 2025-11-10T23:30:03Z
Consolidated Water: Q3 Earnings Snapshot
Associated Press Finance âĸ 2025-11-10T21:37:40ZBuy 5 Low-Beta Utility Stocks to Dodge Ongoing Market Volatility
Zacks âĸ 2025-11-07T13:32:00Z
Here's Why Consolidated Water (CWCO) Fell More Than Broader Market
Zacks âĸ 2025-11-06T23:00:02Z
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $82,521,462 | $112,471,776 | $58,309,033 | $37,321,885 |
| Cost Of Revenue | $88,342,185 | $118,284,128 | $63,749,849 | $43,356,311 |
| Total Revenue | $133,966,633 | $180,211,233 | $94,104,972 | $66,863,502 |
| Operating Revenue | $133,966,633 | $180,211,233 | $94,104,972 | $66,863,502 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $101,847 | $145,284 | $46,545 | $10,248 |
| Total Expenses | $115,879,621 | $143,036,494 | $84,820,083 | $61,706,670 |
| Other Income Expense | $599,119 | $270,077 | $51,465 | $-2,196,802 |
| Other Non Operating Income Expenses | $131,878 | $107,461 | $89,944 | $52,775 |
| Net Non Operating Interest Income Expense | $1,992,343 | $551,124 | $400,641 | $674,561 |
| Interest Expense Non Operating | $101,847 | $145,284 | $46,545 | $10,248 |
| Operating Expense | $27,537,436 | $24,752,366 | $21,070,234 | $18,350,359 |
| General And Administrative Expense | $26,666,501 | $23,988,264 | $20,323,742 | $17,463,552 |
| Rent Expense Supplemental | - | $882,686 | $793,380 | $735,737 |
| Total Other Finance Cost | - | $341,263 | $490,237 | - |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $17,882,370 | $30,672,135 | $8,227,343 | $3,449,658 |
| Net Interest Income | $1,992,343 | $551,124 | $400,641 | $674,561 |
| Interest Income | $2,094,190 | $696,408 | $447,186 | $684,809 |
| Normalized Income | $17,705,806 | $30,677,983 | $8,362,320 | $5,148,978 |
| Net Income From Continuing And Discontinued Operation | $28,237,554 | $29,585,391 | $5,856,294 | $875,579 |
| Total Operating Income As Reported | $18,284,798 | $37,167,627 | $9,272,185 | $2,010,996 |
| Net Income Common Stockholders | $28,218,959 | $29,569,878 | $5,844,762 | $864,783 |
| Net Income | $28,237,554 | $29,585,391 | $5,856,294 | $875,579 |
| Net Income Including Noncontrolling Interests | $28,815,144 | $30,159,182 | $6,969,207 | $1,508,494 |
| Net Income Discontinuous Operations | $10,355,184 | $-1,086,744 | $-2,371,049 | $-2,574,079 |
| Net Income Continuous Operations | $18,459,960 | $31,245,926 | $9,340,256 | $4,082,573 |
| Pretax Income | $20,678,474 | $37,995,940 | $9,736,995 | $3,634,591 |
| Special Income Charges | $197,786 | $-7,112 | $-12,704 | $-3,145,836 |
| Earnings From Equity Interest | $269,455 | $169,728 | $102,225 | $78,259 |
| Interest Income Non Operating | $2,094,190 | $696,408 | $447,186 | $684,809 |
| Operating Income | $18,087,012 | $37,174,739 | $9,284,889 | $5,156,832 |
| Depreciation Amortization Depletion Income Statement | $870,935 | $764,102 | $746,492 | $886,807 |
| Depreciation And Amortization In Income Statement | $870,935 | $764,102 | $746,492 | $886,807 |
| Gross Profit | $45,624,448 | $61,927,105 | $30,355,123 | $23,507,191 |
| Amortization Of Intangibles Income Statement | - | $574,093 | $582,778 | $746,667 |
| Depreciation Income Statement | - | $190,010 | $163,714 | $140,140 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $1.77 | $1.86 | $0.38 | $0.06 |
| Basic EPS | $1.78 | $1.88 | $0.38 | $0.06 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $21,222 | $-1,264 | $-5,727 | $-628,516 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $27,274,193 | $44,724,790 | $16,111,552 | $12,893,908 |
| Total Unusual Items | $197,786 | $-7,112 | $-140,704 | $-2,327,836 |
| Total Unusual Items Excluding Goodwill | $197,786 | $-7,112 | $-140,704 | $-2,327,836 |
| Reconciled Depreciation | $6,691,658 | $6,576,454 | $6,187,308 | $6,921,233 |
| EBITDA (Bullshit earnings) | $27,471,979 | $44,717,678 | $15,970,848 | $10,566,072 |
| EBIT | $20,780,321 | $38,141,224 | $9,783,540 | $3,644,839 |
| Diluted Average Shares | $15,935,962 | $15,865,897 | $15,401,653 | $15,310,145 |
| Basic Average Shares | $15,832,328 | $15,739,056 | $15,290,509 | $15,213,816 |
| Diluted NI Availto Com Stockholders | $28,218,959 | $29,569,878 | $5,844,762 | $864,783 |
| Preferred Stock Dividends | $18,595 | $15,513 | $11,532 | $10,796 |
| Minority Interests | $-577,590 | $-573,791 | $-1,112,913 | $-632,915 |
| Tax Provision | $2,218,514 | $6,750,014 | $396,739 | $-447,982 |
| Gain On Sale Of Ppe | $197,786 | $-7,112 | $-12,704 | $-3,145,836 |
| Selling General And Administration | $26,666,501 | $23,988,264 | $20,323,742 | $17,463,552 |
| Other Gand A | $9,907,068 | $8,394,255 | $7,353,827 | $4,500,889 |
| Insurance And Claims | $2,067,372 | $1,903,856 | $1,760,279 | $1,813,026 |
| Salaries And Wages | $14,692,061 | $13,690,153 | $11,209,636 | $10,413,900 |
| Provision For Doubtful Accounts | - | $408,489 | $0 | - |
| Amortization | - | $574,093 | $582,778 | $746,667 |
| Research And Development | - | $578,086 | $395,660 | - |
| Rent And Landing Fees | - | $882,686 | $793,380 | $735,737 |
| Gain On Sale Of Security | - | - | $-128,000 | $818,000 |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $194,402,476 | $170,612,623 | $146,423,312 | $143,752,206 |
| Total Assets | $243,313,181 | $218,437,592 | $193,006,849 | $176,354,857 |
| Total Non Current Assets | $85,525,016 | $105,723,217 | $100,432,593 | $99,292,135 |
| Other Non Current Assets | $7,695,450 | $29,583,032 | $27,349,652 | $27,411,012 |
| Goodwill And Other Intangible Assets | $15,558,219 | $16,214,589 | $13,243,901 | $13,826,679 |
| Other Intangible Assets | $2,696,815 | $3,353,185 | $2,818,888 | $3,401,666 |
| Current Assets | $157,788,165 | $112,714,375 | $92,574,256 | $77,062,722 |
| Other Current Assets | $5,153,984 | $4,056,370 | $5,643,279 | $2,558,822 |
| Assets Held For Sale Current | $272,485 | $211,517 | $531,480 | $1,173,741 |
| Inventory | $8,960,350 | $6,044,642 | $5,727,842 | $2,504,832 |
| Receivables | $44,051,225 | $59,779,948 | $29,959,904 | $27,839,268 |
| Receivables Adjustments Allowances | $-821,422 | $-583,401 | $-183,214 | $-183,020 |
| Accounts Receivable | $40,359,889 | $38,769,163 | $27,192,103 | $27,491,450 |
| Cash Cash Equivalents And Short Term Investments | $99,350,121 | $42,621,898 | $50,711,751 | $42,858,059 |
| Cash And Cash Equivalents | $99,350,121 | $42,621,898 | $50,711,751 | $40,358,059 |
| Cash Equivalents | $35,038,857 | $11,912,286 | $5,484,328 | $7,738,216 |
| Cash Financial | $64,311,264 | $30,709,612 | $45,227,423 | $32,619,843 |
| Hedging Assets Current | - | - | $0 | $128,000 |
| Financial Assets | - | - | - | $128,000 |
| Prepaid Assets | - | - | - | $2,558,822 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Debt | $3,462,397 | $2,667,391 | $2,468,474 | $2,944,257 |
| Long Term Debt And Capital Lease Obligation | $2,701,132 | $2,018,492 | $1,806,659 | $2,289,432 |
| Long Term Debt | $70,320 | $191,190 | $216,117 | $152,038 |
| Current Debt And Capital Lease Obligation | $761,265 | $648,899 | $661,815 | $654,825 |
| Current Debt | $126,318 | $192,034 | $114,964 | $62,489 |
| Other Current Borrowings | $126,318 | $192,034 | $114,964 | $62,489 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $28,003,534 | $26,606,918 | $25,242,660 | $10,689,434 |
| Total Non Current Liabilities Net Minority Interest | $3,065,025 | $2,702,272 | $2,586,075 | $3,002,777 |
| Other Non Current Liabilities | $153,000 | $153,000 | $219,110 | $141,000 |
| Non Current Deferred Liabilities | $210,893 | $530,780 | $560,306 | $564,526 |
| Non Current Deferred Taxes Liabilities | $210,893 | $530,780 | $560,306 | $564,526 |
| Current Liabilities | $24,938,509 | $23,904,646 | $22,656,585 | $7,686,657 |
| Other Current Liabilities | $509,745 | $364,665 | $389,884 | $182,322 |
| Current Deferred Liabilities | $9,492,533 | $6,554,028 | $9,119,746 | $1,097,524 |
| Payables And Accrued Expenses | $10,838,020 | $13,177,024 | $10,217,557 | $4,316,444 |
| Payables | $10,838,020 | $13,177,024 | $10,217,557 | $4,316,444 |
| Dividends Payable | $1,780,841 | $1,572,655 | $1,375,403 | $1,320,572 |
| Accounts Payable | $9,057,179 | $11,604,369 | $8,438,315 | $2,831,925 |
| Liabilities Heldfor Sale Non Current | - | $0 | $0 | $7,819 |
| Derivative Product Liabilities | - | - | - | $0 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $209,934,293 | $186,800,634 | $159,646,583 | $157,561,704 |
| Preferred Stock Equity | $26,402 | $26,578 | $20,630 | $17,181 |
| Total Equity Gross Minority Interest | $215,309,647 | $191,830,674 | $167,764,189 | $165,665,423 |
| Stockholders Equity | $209,960,695 | $186,827,212 | $159,667,213 | $157,578,885 |
| Retained Earnings | $106,875,581 | $85,148,820 | $61,247,699 | $60,603,056 |
| Long Term Equity Investment | $1,504,363 | $1,412,158 | $1,545,430 | $1,715,905 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Preferred Shares Number | $44,004 | - | - | - |
| Ordinary Shares Number | $15,846,345 | $15,771,545 | $15,322,875 | $15,243,693 |
| Share Issued | $15,846,345 | $15,771,545 | $15,322,875 | $15,243,693 |
| Tangible Book Value | $194,376,074 | $170,586,045 | $146,402,682 | $143,735,025 |
| Invested Capital | $210,130,931 | $187,183,858 | $159,977,664 | $157,776,231 |
| Working Capital | $132,849,656 | $88,809,729 | $69,917,671 | $69,376,065 |
| Capital Lease Obligations | $3,265,759 | $2,284,167 | $2,137,393 | $2,729,730 |
| Total Capitalization | $210,031,015 | $187,018,402 | $159,883,330 | $157,730,923 |
| Minority Interest | $5,348,952 | $5,003,462 | $8,096,976 | $8,086,538 |
| Additional Paid In Capital | $93,550,905 | $92,188,887 | $89,205,159 | $87,812,432 |
| Capital Stock | $9,534,209 | $9,489,505 | $9,214,355 | $9,163,397 |
| Common Stock | $9,507,807 | $9,462,927 | $9,193,725 | $9,146,216 |
| Preferred Stock | $26,402 | $26,578 | $20,630 | $17,181 |
| Long Term Capital Lease Obligation | $2,630,812 | $1,827,302 | $1,590,542 | $2,137,394 |
| Current Deferred Revenue | $9,492,533 | $6,554,028 | $9,119,746 | $1,097,524 |
| Current Capital Lease Obligation | $634,947 | $456,865 | $546,851 | $592,336 |
| Pensionand Other Post Retirement Benefit Plans Current | $3,336,946 | $3,160,030 | $2,267,583 | $1,435,542 |
| Investments And Advances | $1,504,363 | $1,412,158 | $1,545,430 | $1,715,905 |
| Investmentsin Associatesat Cost | $1,504,363 | $1,412,158 | $1,545,430 | $1,715,905 |
| Goodwill | $12,861,404 | $12,861,404 | $10,425,013 | $10,425,013 |
| Net PPE | $60,766,984 | $58,513,438 | $58,293,610 | $56,338,539 |
| Accumulated Depreciation | $-88,828,094 | $-89,288,904 | $-87,252,682 | $-83,162,696 |
| Gross PPE | $149,595,078 | $147,802,342 | $145,546,292 | $139,501,235 |
| Leases | $306,545 | $306,545 | $287,980 | $287,980 |
| Construction In Progress | $5,143,717 | $495,471 | $3,705,681 | $710,863 |
| Other Properties | $144,144,816 | $147,000,326 | $141,552,631 | $138,502,392 |
| Duefrom Related Parties Current | $42,515 | $41,129 | $37,293 | $40,877 |
| Treasury Shares Number | - | $0 | - | - |
| Dueto Related Parties Current | - | $0 | $403,839 | $163,947 |
| Other Short Term Investments | - | - | $0 | $2,500,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $29,818,952 | $2,922,878 | $13,789,044 | $5,476,298 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $36,515,532 | $7,970,762 | $21,331,805 | $6,966,310 |
| Cash From Discontinued Operating Activities | $-1,656,504 | $-1,142,969 | $-1,819,943 | $-1,621,292 |
| Cash Flow From Continuing Operating Activities | $38,172,036 | $9,113,731 | $23,151,748 | $8,587,602 |
| Operating Gains Losses | $-12,537,047 | $-164,619 | $-64,028 | $-650,423 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-6,696,580 | $-5,047,884 | $-7,542,761 | $-1,490,012 |
| Investing Cash Flow | $26,961,421 | $-10,887,019 | $-4,981,036 | $-3,944,452 |
| Cash Flow From Continuing Investing Activities | $26,961,421 | $-10,887,019 | $-4,981,036 | $-3,944,452 |
| Net Other Investing Changes | $33,708,001 | $20,808 | $61,725 | $45,560 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repurchase Of Capital Stock | $-14,614 | $-1,830 | $-226 | $-16,799 |
| Financing Cash Flow | $-6,712,154 | $-5,524,565 | $-6,304,873 | $-5,862,031 |
| Cash Flow From Continuing Financing Activities | $-6,712,154 | $-5,524,565 | $-6,304,873 | $-5,862,031 |
| Net Other Financing Charges | $-232,100 | - | $-1,102,475 | $-649,880 |
| Cash Dividends Paid | $-6,302,607 | $-5,487,018 | $-5,156,820 | $-5,162,682 |
| Preferred Stock Dividend Paid | $-17,962 | $-14,228 | $-11,078 | $-11,015 |
| Common Stock Dividend Paid | $-6,284,645 | $-5,472,790 | $-5,145,742 | $-5,151,667 |
| Net Preferred Stock Issuance | $-14,614 | $-1,830 | $-226 | $-16,799 |
| Dividend Received Cfo | $227,250 | $303,000 | $272,700 | $454,500 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-186,586 | $-135,481 | $-72,091 | $-49,729 |
| Interest Paid Supplemental Data | $8,479 | $21,417 | $14,797 | - |
| Income Tax Paid Supplemental Data | $3,147,300 | $4,920,912 | $211,000 | - |
| End Cash Position | $99,350,121 | $42,621,898 | $50,711,751 | $40,358,059 |
| Beginning Cash Position | $42,621,898 | $50,711,751 | $40,358,059 | $43,794,150 |
| Changes In Cash | $56,728,223 | $-8,089,853 | $10,353,692 | $-3,436,091 |
| Cash Flow From Discontinued Operation | $-36,576 | $350,969 | $307,796 | $-595,918 |
| Proceeds From Stock Option Exercised | $23,753 | $99,764 | $26,739 | $17,059 |
| Preferred Stock Payments | $-14,614 | $-1,830 | $-226 | $-16,799 |
| Net Issuance Payments Of Debt | $-186,586 | $-135,481 | $-72,091 | $-49,729 |
| Net Long Term Debt Issuance | $-186,586 | $-135,481 | $-72,091 | $-49,729 |
| Long Term Debt Payments | $-186,586 | $-135,481 | $-72,091 | $-49,729 |
| Net Investment Purchase And Sale | $0 | $0 | $2,500,000 | $-2,500,000 |
| Sale Of Investment | $0 | $0 | $5,018,493 | $0 |
| Purchase Of Investment | $0 | $0 | $-2,518,493 | $-2,500,000 |
| Net Business Purchase And Sale | $-50,000 | $-5,859,943 | $0 | $0 |
| Purchase Of Business | $-50,000 | $-5,859,943 | $0 | $0 |
| Net PPE Purchase And Sale | $-6,696,580 | $-5,047,884 | $-7,542,761 | $-1,490,012 |
| Purchase Of PPE | $-6,696,580 | $-5,047,884 | $-7,542,761 | $-1,490,012 |
| Change In Working Capital | $11,739,885 | $-30,666,189 | $5,900,053 | $-5,447,982 |
| Change In Other Working Capital | $2,938,505 | $-2,565,718 | $8,022,222 | $519,718 |
| Change In Other Current Liabilities | $-5,207 | $-5,205 | $-5,208 | $48,593 |
| Change In Payables And Accrued Expense | $-2,370,274 | $3,161,386 | $6,756,433 | $-164,606 |
| Change In Payable | $-2,370,274 | $3,161,386 | $6,756,433 | $-164,606 |
| Change In Account Payable | $-2,370,274 | $3,161,386 | $6,756,433 | $-164,606 |
| Change In Prepaid Assets | $-361,359 | $-755,391 | $-3,365,747 | $-266,170 |
| Change In Inventory | $-3,747,675 | $-891,405 | $-3,387,011 | $293,254 |
| Change In Receivables | $15,285,895 | $-29,609,856 | $-2,120,636 | $-5,878,771 |
| Changes In Account Receivables | $-1,796,919 | $-10,970,521 | $303,125 | - |
| Other Non Cash Items | $1,714,622 | $1,088,747 | $2,473,556 | $2,574,079 |
| Stock Based Compensation | $1,397,583 | $1,933,666 | $1,417,172 | $977,232 |
| Provisionand Write Offof Assets | $442,828 | $408,489 | $0 | $0 |
| Deferred Tax | $-319,887 | $-524,999 | $-4,220 | $-649,531 |
| Deferred Income Tax | $-319,887 | $-524,999 | $-4,220 | $-649,531 |
| Depreciation Amortization Depletion | $6,691,658 | $6,576,454 | $6,187,308 | $6,921,233 |
| Depreciation And Amortization | $6,691,658 | $6,576,454 | $6,187,308 | $6,921,233 |
| Earnings Losses From Equity Investments | $-269,455 | $-169,728 | $-102,225 | $-78,259 |
| Net Foreign Currency Exchange Gain Loss | $64,960 | $-2,003 | $-102,507 | - |
| Gain Loss On Sale Of PPE | $-12,134,766 | $0 | $0 | - |
| Net Income From Continuing Operations | $28,815,144 | $30,159,182 | $6,969,207 | $1,508,494 |
| Asset Impairment Charge | - | - | $0 | $2,900,000 |
| Gain Loss On Investment Securities | - | - | $128,000 | $-818,000 |