Consolidated Water (CWCO) risk factors

23 risks, 5 new, 3 dropped, 4 reworded since the prior year. Cayman Islands retail water license and OfReg negotiations threaten operating income. Bahamas accounts receivable delinquency remains a primary cash flow concern.

21 risks. The company relies heavily on a retail license in the Cayman Islands that is currently under renegotiation with OfReg. Accounts receivable from the Bahamas subsidiary face substantial collection delays, with $28.4 million due and 81% delinquent. A material weakness in internal controls over financial reporting was identified for IT general controls. A single bulk customer, WSC, accounts for 22% of consolidated revenue.