Consolidated Water (CWCO) risk factors
Item 1A of every Consolidated Water Co. Ltd. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors23 risks5 new3 dropped4 reworded
Cayman Islands retail water license and OfReg negotiations threaten operating income. Bahamas accounts receivable delinquency remains a primary cash flow concern.
Filed Mar 16, 2026 - FY2024 10-K risk factors21 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.
Filed Mar 17, 2025