Annual financial information for Light Conversion, UAB
Consolidated Light Conversion financial data
| Year | 2022 | 2023 | 2024 |
|---|---|---|---|
| Sales revenue | 84 076 528 € | 112 909 801 € | 135 048 298 € |
| Profit (loss) before taxes | 24 663 404 € | 35 843 408 € | 49 049 569 € |
| Profit before taxes margin | 29,00 % | 32,00 % | 36,00 % |
| Net profit (loss) | 21 405 784 € | 35 843 408 € | 43 421 626 € |
| Net profit margin | 25,00 % | 32,00 % | 32,00 % |
| Equity capital | 105 313 889 € | 129 776 437 € | 164 248 118 € |
| Amounts payable and other liabilities | 10 905 319 € | 20 789 986 € | 25 552 512 € |
| Non-current assets | 36 163 995 € | 37 762 576 € | 44 175 336 € |
| Current assets | 83 364 925 € | 112 803 847 € | 145 625 294 € |
As of the year 2024, the consolidated group consisted of:
Light Conversion, UAB- „Light Conversion China“
- „Light Conversion Korea Co“ Ltd
- „Light Conversion-USA“ Inc.
- „Konwersja swiatla“ Sp.z.o.o
- „Altos Photonics Inc.“
Standalone Annual financial information for Light Conversion, UAB
| Year | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Sales revenue | 66 959 636 € | 69 179 292 € | 77 222 200 € | 105 533 520 € | 123 734 173 € |
| Profit (loss) before taxes | 25 496 094 € | 27 961 039 € | 21 604 007 € | 33 527 091 € | 43 916 060 € |
| Profit before taxes margin | 38,08 % | 40,42 % | 27,98 % | 31,77 % | 35,49 % |
| Net profit (loss) | 22 083 367 € | 24 956 367 € | 18 808 328 € | 29 292 438 € | 38 766 870 € |
| Net profit margin | 32,98 % | 36,07 % | 24,36 % | 27,76 % | 31,33 % |
| Equity capital | 71 439 824 € | 93 118 414 € | 100 956 890 € | 123 842 755 € | 153 609 625 € |
| Amounts payable and other liabilities | 4 468 916 € | 6 683 030 € | 7 973 728 € | 15 915 188 € | 20 161 479 € |
| Non-current assets | 13 648 948 € | 30 083 406 € | 34 596 507 € | 35 113 632 € | 37 453 198 € |
| Current assets | 63 267 633 € | 70 625 651 € | 77 505 680 € | 104 644 311 € | 136 317 906 € |
Source of information: State enterprise "Registrų centras" (without changes, license).
- Non-current assets - assets that will be used by the company for more than a year.
- Current assets - comprise receivables, short-term tangible assets, inventories, prepaid expenses, other receivables, and cash.
- Equity (owner's equity) - this is what remains from the total assets after deducting the sum of liabilities.
- Liabilities - these are the company's long-term and short-term debts to suppliers, employees, creditors, the government, etc.
- Sales revenue - the increase in economic benefits during the reporting period due to the sale of goods and services.
- Profit before taxes - all the company's income minus all the company's expenses.
- Profit before taxes margin - the ratio of profit before taxes to sales revenue.
- Net profit - this is the company's income after deducting all the expenses and taxes.
- Net profit margin - the ratio of net profit to sales revenue. In some cases, the profitability can exceed 100% - this usually happens when the company has other operating income, which is not considered as sales income, because it is obtained from atypical activities. An example would be investment income that is not classified as core business but has a positive effect on the bottom line when calculating net profit. In this case, the profitability can exceed 100%, because the atypical activity of the company brings more income than the sales income of the main activity, from which the profitability is calculated.
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