Light Past Earnings Performance
Past criteria checks 2/6
Light's earnings have been declining at an average annual rate of -66.9%, while the Electric Utilities industry saw earnings growing at 14.4% annually. Revenues have been growing at an average rate of 2.6% per year. Light's return on equity is 8.2%, and it has net margins of 1.8%.
Key information
-66.9%
Earnings growth rate
-66.6%
EPS growth rate
| Electric Utilities Industry Growth | 19.5% |
| Revenue growth rate | 2.6% |
| Return on equity | 8.2% |
| Net Margin | 1.8% |
| Next Earnings Update | 15 May 2024 |
Recent past performance updates
Recent updates
Light's (BVMF:LIGT3) Solid Earnings Are Supported By Other Strong Factors
Apr 01
Light S.A. (BVMF:LIGT3) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 01The Returns On Capital At Light (BVMF:LIGT3) Don't Inspire Confidence
Jan 04Here's What's Concerning About Light's (BVMF:LIGT3) Returns On Capital
Aug 10Here's Why Light (BVMF:LIGT3) Is Weighed Down By Its Debt Load
Jun 08Here's What's Concerning About Light's (BVMF:LIGT3) Returns On Capital
Jan 12Light (BVMF:LIGT3) Might Be Having Difficulty Using Its Capital Effectively
Oct 01Is It Time To Consider Buying Light S.A. (BVMF:LIGT3)?
Aug 07Light (BVMF:LIGT3) May Have Issues Allocating Its Capital
Jun 30Industry Analysts Just Made A Notable Upgrade To Their Light S.A. (BVMF:LIGT3) Revenue Forecasts
May 14Is It Time To Consider Buying Light S.A. (BVMF:LIGT3)?
Apr 29Light (BVMF:LIGT3) Has No Shortage Of Debt
Apr 11Is Now The Time To Look At Buying Light S.A. (BVMF:LIGT3)?
Jan 26Light (BVMF:LIGT3) Takes On Some Risk With Its Use Of Debt
Jan 05Be Wary Of Light (BVMF:LIGT3) And Its Returns On Capital
Dec 03Is There Now An Opportunity In Light S.A. (BVMF:LIGT3)?
Oct 24Does Light (BVMF:LIGT3) Have A Healthy Balance Sheet?
Sep 15Investors Met With Slowing Returns on Capital At Light (BVMF:LIGT3)
Aug 25Should You Investigate Light S.A. (BVMF:LIGT3) At R$15.54?
Jul 19Here's Why Light (BVMF:LIGT3) Has A Meaningful Debt Burden
Jun 07Investors Met With Slowing Returns on Capital At Light (BVMF:LIGT3)
May 20Why Light S.A. (BVMF:LIGT3) Could Be Worth Watching
Apr 12Are Institutions Heavily Invested In Light S.A.'s (BVMF:LIGT3) Shares?
Mar 01What To Know Before Buying Light S.A. (BVMF:LIGT3) For Its Dividend
Jan 24
What Do The Returns On Capital At Light (BVMF:LIGT3) Tell Us?
Dec 28Light (BVMF:LIGT3) Use Of Debt Could Be Considered Risky
Dec 02Should You Use Light's (BVMF:LIGT3) Statutory Earnings To Analyse It?
Sep 28Improved Earnings Required Before Light S.A. (BVMF:LIGT3) Shares Find Their Feet
Sep 15Light (BVMF:LIGT3) Seems To Be Using A Lot Of Debt
Sep 02What Does Light S.A.'s (BVMF:LIGT3) Share Price Indicate?
Aug 20Should We Be Excited About The Trends Of Returns At Light (BVMF:LIGT3)?
Aug 04Update: Light (BVMF:LIGT3) Stock Gained 43% In The Last Five Years
Jul 23Revenue & Expenses BreakdownBeta
How Light makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 14,116 | 255 | 840 | 0 |
| 30 Sep 23 | 13,290 | -5,288 | 1,637 | 0 |
| 30 Jun 23 | 13,260 | -5,270 | 1,658 | 0 |
| 31 Mar 23 | 13,324 | -5,459 | 1,567 | 0 |
| 31 Dec 22 | 13,253 | -5,672 | 1,500 | 0 |
| 30 Sep 22 | 14,486 | -106 | 859 | 0 |
| 30 Jun 22 | 14,939 | 250 | 932 | 0 |
| 31 Mar 22 | 14,746 | 334 | 961 | 0 |
| 31 Dec 21 | 14,898 | 398 | 990 | 0 |
| 30 Sep 21 | 15,135 | 759 | 1,189 | 0 |
| 30 Jun 21 | 14,395 | 531 | 891 | 0 |
| 31 Mar 21 | 13,719 | 483 | 1,038 | 0 |
| 31 Dec 20 | 13,073 | 692 | 1,008 | 0 |
| 30 Sep 20 | 12,065 | -108 | 1,556 | 0 |
| 30 Jun 20 | 12,823 | 1,275 | 1,818 | 0 |
| 31 Mar 20 | 13,100 | 1,330 | 1,676 | 0 |
| 31 Dec 19 | 13,390 | 1,328 | 1,660 | 0 |
| 30 Sep 19 | 12,984 | 1,787 | 1,050 | 0 |
| 30 Jun 19 | 12,224 | 274 | 764 | 0 |
| 31 Mar 19 | 12,329 | 237 | 833 | 0 |
| 31 Dec 18 | 11,971 | 166 | 895 | 0 |
| 30 Sep 18 | 12,490 | 165 | 876 | 0 |
| 30 Jun 18 | 12,107 | 218 | 781 | 0 |
| 31 Mar 18 | 11,600 | 192 | 907 | 0 |
| 31 Dec 17 | 11,315 | 124 | 872 | 0 |
| 30 Sep 17 | 10,322 | -161 | 874 | 0 |
| 30 Jun 17 | 9,922 | -282 | 941 | 0 |
| 31 Mar 17 | 9,740 | -290 | 822 | 0 |
| 31 Dec 16 | 9,645 | -313 | 738 | 0 |
| 30 Sep 16 | 10,076 | -190 | 821 | 0 |
| 30 Jun 16 | 10,145 | -90 | 786 | 0 |
| 31 Mar 16 | 10,351 | -89 | 688 | 0 |
| 31 Dec 15 | 10,913 | 38 | 684 | 0 |
| 30 Sep 15 | 11,344 | 629 | 624 | 0 |
| 30 Jun 15 | 10,716 | 538 | 615 | 0 |
| 31 Mar 15 | 10,080 | 611 | 579 | 0 |
| 31 Dec 14 | 9,201 | 663 | 584 | 0 |
| 30 Sep 14 | 7,988 | 272 | 650 | 0 |
| 30 Jun 14 | 7,833 | 646 | 668 | 0 |
| 31 Mar 14 | 7,783 | 689 | 713 | 0 |
| 31 Dec 13 | 7,422 | 587 | 707 | 0 |
| 30 Sep 13 | 7,123 | 618 | 698 | 0 |
| 30 Jun 13 | 7,170 | 381 | 649 | 0 |
Quality Earnings: LIGT3 has a large one-off loss of R$285.2M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: LIGT3 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LIGT3 has become profitable over the past 5 years, growing earnings by -66.9% per year.
Accelerating Growth: LIGT3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LIGT3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (5.7%).
Return on Equity
High ROE: LIGT3's Return on Equity (8.2%) is considered low.