Light SA (OTCPK:LGSXY)
$ 0.66 0 (0%) Market Cap: 332.85 Mil Enterprise Value: 1.91 Bil PE Ratio: 0 PB Ratio: 0.72 GF Score: 41/100

Q3 2024 Light SA Earnings Call Transcript

Nov 14, 2024 / 10:59 AM GMT
Release Date Price: $0.8

Key Points

Positve
  • Light SA (LGSXY) successfully finalized the payment of around 30,000 creditors as part of its judicial recovery process.
  • The company achieved a capital increase of 300 million reals in its distribution business.
  • Light SA (LGSXY) reported a solid consolidated cash position of 2.4 billion reals, an increase of over 300 million reals compared to December last year.
  • The company's collection rate improved to 98.8% over the past 12 months, driven by multiple initiatives.
  • Light SA (LGSXY) is undergoing an intense transformation, focusing on operational efficiency and customer-oriented approaches, which has led to improved revenue and reduced losses.
Negative
  • The generation and trading segments experienced a decline in EBITDA by 16.7% year over year due to less profitable contracts.
  • The company faces challenges with non-technical energy losses and payment defaults, which are crucial issues for its operation.
  • Light SA (LGSXY) is under pressure to renew its concession contract, which expires in 2026, and must address high-risk areas within its concessions.
  • The judicial recovery process involves complex restructuring, including the issuance of new bonds and convertible instruments, which may pose risks if not executed timely.
  • There is uncertainty regarding the company's ability to meet potential capital increase requirements as discussed by regulatory authorities.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LIGT3.SA - Light SA
Q3 2024 Light SA Earnings Call
Nov 14, 2024 / 02:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Morning. Ladies and gentlemen, welcome to lights webinar to announce the results of quarter 3, 2024.

Today's meeting will be conducted in Portuguese and simultaneously translated into English to change your language. Please click on the button interpretation on the bottom of your screen.

This meeting is being recorded and the replay will be available on the company's IR website where the other materials used in this presentation can also be downloaded.

All participants will be in a listen-only mode during the company's
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot