Light (LGSXY) Gross Profit : $320 Mil (TTM As of Dec. 2024)

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What is Light Gross Profit?

Light's gross profit for the three months ended in Dec. 2024 was $55 Mil. Light's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $320 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Light's gross profit for the three months ended in Dec. 2024 was $55 Mil. Light's Revenue for the three months ended in Dec. 2024 was $643 Mil. Therefore, Light's Gross Margin % for the quarter that ended in Dec. 2024 was 8.59%.

Light had a gross margin of 8.59% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Light was 23.45%. The lowest was 12.26%. And the median was 16.79%.

Warning Sign:

Light SA gross margin has been in long-term decline. The average rate of decline per year is -10.7%.

Light Gross Profit Historical Data

The historical data trend for Light's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Light Gross Profit Chart

Light Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Profit

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571.30

317.33

329.51

499.44

287.53

Light Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Profit	Get a 7-Day Free Trial															115.37	54.18	131.63	79.22	55.29

Competitive Comparison of Light's Gross Profit

For the Utilities - Renewable subindustry, Light's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Light's Gross Profit Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Light's Gross Profit distribution charts can be found below:

* The bar in red indicates where Light's Gross Profit falls into.

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Light Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Light's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	2344.368	-	2056.835
	=	288

Light's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	643.408	-	588.114
	=	55

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $320 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Light's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	55	/	643.408
	=	8.59 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Light (OTCPK:LGSXY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Light had a gross margin of 8.59% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

Light Gross Profit Related Terms

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Light Business Description

Industry

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LIGT3:Brazil

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.