Successful Judicial Recovery Progress
The company finalized the payment of 30,000 creditors with up to BRL 30,000 to receive, completed the scheme of arrangement for external creditors, and recognized the effects of judicial recovery through Chapter 15 in the U.S.
Creditor Confidence in Light's Recovery
More than 99% of creditors voted in favor of the judicial reorganization plan, and there was significant demand to convert credits into equity, exceeding the limit by 50%.
Strong Cash Position
Light ended Q3 2024 with a consolidated cash position of BRL 2.4 billion, an increase of over BRL 300 million since December last year.
Improved Collection Rate
The distribution business collection rate improved to 98.8% over the past 12 months, up by more than 0.8 percentage points year-over-year.
Transformation in Trading Segment
Lightcom underwent restructuring, with the creation of new business lines and the expansion of its trading team, doubling its customer base.