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Side-by-side financial comparison of Consolidated Water Co. Ltd. (CWCO) and X4 Pharmaceuticals, Inc (XFOR). Click either name above to swap in a different company.

Consolidated Water Co. Ltd. is the larger business by last-quarter revenue ($29.6M vs $28.8M, roughly 1.0× X4 Pharmaceuticals, Inc). Consolidated Water Co. Ltd. runs the higher net margin — 10.3% vs 1.0%, a 9.3% gap on every dollar of revenue.

Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States.

X4 Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on developing novel targeted therapies for rare immunological diseases and oncology indications with high unmet medical needs. It operates primarily across the U.S. and European markets, with a lead pipeline candidate for WHIM syndrome and multiple other preclinical and clinical assets for immune disorders and cancer.

CWCO vs XFOR — Head-to-Head

Bigger by revenue
CWCO
CWCO
1.0× larger
CWCO
$29.6M
$28.8M
XFOR
Higher net margin
CWCO
CWCO
9.3% more per $
CWCO
10.3%
1.0%
XFOR

Income Statement — Q4 FY2025 vs Q1 FY2025

Metric
CWCO
CWCO
XFOR
XFOR
Revenue
$29.6M
$28.8M
Net Profit
$3.0M
$282.0K
Gross Margin
34.7%
83.6%
Operating Margin
9.1%
-32.8%
Net Margin
10.3%
1.0%
Revenue YoY
4.4%
Net Profit YoY
91.5%
100.5%
EPS (diluted)
$0.18
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CWCO
CWCO
XFOR
XFOR
Q4 25
$29.6M
Q3 25
$35.1M
Q2 25
$33.6M
Q1 25
$33.7M
$28.8M
Q4 24
$28.4M
Q3 24
$33.4M
Q2 24
$32.5M
Q1 24
$39.7M
$0
Net Profit
CWCO
CWCO
XFOR
XFOR
Q4 25
$3.0M
Q3 25
$5.5M
Q2 25
$5.1M
Q1 25
$4.8M
$282.0K
Q4 24
$1.6M
Q3 24
$4.5M
Q2 24
$15.9M
Q1 24
$6.5M
$-51.8M
Gross Margin
CWCO
CWCO
XFOR
XFOR
Q4 25
34.7%
Q3 25
36.9%
Q2 25
38.2%
Q1 25
36.5%
83.6%
Q4 24
29.9%
Q3 24
34.8%
Q2 24
35.8%
Q1 24
35.0%
Operating Margin
CWCO
CWCO
XFOR
XFOR
Q4 25
9.1%
Q3 25
16.4%
Q2 25
15.7%
Q1 25
13.7%
-32.8%
Q4 24
3.8%
Q3 24
14.6%
Q2 24
15.4%
Q1 24
18.4%
Net Margin
CWCO
CWCO
XFOR
XFOR
Q4 25
10.3%
Q3 25
15.8%
Q2 25
15.2%
Q1 25
14.2%
1.0%
Q4 24
5.6%
Q3 24
13.3%
Q2 24
48.8%
Q1 24
16.3%
EPS (diluted)
CWCO
CWCO
XFOR
XFOR
Q4 25
$0.18
Q3 25
$0.34
Q2 25
$0.32
Q1 25
$0.30
$0.04
Q4 24
$0.10
Q3 24
$0.28
Q2 24
$0.99
Q1 24
$0.40
$-7.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CWCO
CWCO
XFOR
XFOR
Cash + ST InvestmentsLiquidity on hand
$123.8M
$40.3M
Total DebtLower is stronger
$75.0M
Stockholders' EquityBook value
$221.7M
$22.9M
Total Assets
$257.6M
$130.0M
Debt / EquityLower = less leverage
3.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWCO
CWCO
XFOR
XFOR
Q4 25
$123.8M
Q3 25
$123.6M
Q2 25
$112.2M
Q1 25
$107.9M
$40.3M
Q4 24
$99.4M
Q3 24
$104.9M
Q2 24
$96.7M
Q1 24
$46.2M
$60.5M
Total Debt
CWCO
CWCO
XFOR
XFOR
Q4 25
Q3 25
Q2 25
Q1 25
$75.0M
Q4 24
Q3 24
Q2 24
Q1 24
$55.0M
Stockholders' Equity
CWCO
CWCO
XFOR
XFOR
Q4 25
$221.7M
Q3 25
$220.4M
Q2 25
$216.6M
Q1 25
$213.3M
$22.9M
Q4 24
$210.0M
Q3 24
$209.8M
Q2 24
$206.7M
Q1 24
$192.1M
$1.0M
Total Assets
CWCO
CWCO
XFOR
XFOR
Q4 25
$257.6M
Q3 25
$257.2M
Q2 25
$257.5M
Q1 25
$250.4M
$130.0M
Q4 24
$243.3M
Q3 24
$238.4M
Q2 24
$235.2M
Q1 24
$223.2M
$112.2M
Debt / Equity
CWCO
CWCO
XFOR
XFOR
Q4 25
Q3 25
Q2 25
Q1 25
3.27×
Q4 24
Q3 24
Q2 24
Q1 24
53.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CWCO
CWCO
XFOR
XFOR
Operating Cash FlowLast quarter
$5.8M
$-12.4M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
11.4%
Capex IntensityCapex / Revenue
8.1%
0.0%
Cash ConversionOCF / Net Profit
1.90×
-43.86×
TTM Free Cash FlowTrailing 4 quarters
$33.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWCO
CWCO
XFOR
XFOR
Q4 25
$5.8M
Q3 25
$15.4M
Q2 25
$8.8M
Q1 25
$11.8M
$-12.4M
Q4 24
$-742.0K
Q3 24
$10.4M
Q2 24
$21.0M
Q1 24
$6.0M
$-33.6M
Free Cash Flow
CWCO
CWCO
XFOR
XFOR
Q4 25
$3.4M
Q3 25
$13.5M
Q2 25
$6.1M
Q1 25
$10.2M
Q4 24
$-3.7M
Q3 24
$8.3M
Q2 24
$19.8M
Q1 24
$5.4M
$-33.7M
FCF Margin
CWCO
CWCO
XFOR
XFOR
Q4 25
11.4%
Q3 25
38.4%
Q2 25
18.3%
Q1 25
30.1%
Q4 24
-13.0%
Q3 24
24.9%
Q2 24
60.8%
Q1 24
13.7%
Capex Intensity
CWCO
CWCO
XFOR
XFOR
Q4 25
8.1%
Q3 25
5.5%
Q2 25
7.8%
Q1 25
4.7%
0.0%
Q4 24
10.4%
Q3 24
6.1%
Q2 24
3.7%
Q1 24
1.3%
Cash Conversion
CWCO
CWCO
XFOR
XFOR
Q4 25
1.90×
Q3 25
2.79×
Q2 25
1.72×
Q1 25
2.45×
-43.86×
Q4 24
-0.47×
Q3 24
2.32×
Q2 24
1.32×
Q1 24
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CWCO
CWCO

Services Revenues$10.5M35%
Transferred At Point In Time$8.5M29%
Operations And Maintenance$8.4M28%
Transferred Over Time$1.9M7%

XFOR
XFOR

Segment breakdown not available.

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