Companhia Energética de Minas Gerais (CIG) Revenue & Revenue Breakdown
Companhia Energética de Minas Gerais Revenue Highlights
Latest Revenue (Y)
$36.85B
Latest Revenue (Q)
$9.06B
Main Segment (Y)
Receivables from Customers and Traders
Main Geography (Y)
Receivables from Customers and Traders
Companhia Energética de Minas Gerais Revenue by Period
Companhia Energética de Minas Gerais Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $36.85B | 6.93% |
| 2022-12-31 | $34.46B | 2.43% |
| 2021-12-31 | $33.65B | 33.37% |
| 2020-12-31 | $25.23B | -0.64% |
| 2019-12-31 | $25.39B | 14.03% |
| 2018-12-31 | $22.27B | 2.55% |
| 2017-12-31 | $21.71B | 15.66% |
| 2016-12-31 | $18.77B | -11.83% |
| 2015-12-31 | $21.29B | 8.97% |
| 2014-12-31 | $19.54B | 33.57% |
| 2013-12-31 | $14.63B | -20.75% |
| 2012-12-31 | $18.46B | 16.73% |
| 2011-12-31 | $15.81B | 22.94% |
| 2010-12-31 | $12.86B | -26.25% |
| 2009-12-31 | $17.44B | 77.47% |
| 2008-12-31 | $9.83B | 4.22% |
| 2007-12-31 | $9.43B | 9.14% |
| 2006-12-31 | $8.64B | 15.00% |
| 2005-12-31 | $7.51B | -1.84% |
| 2004-12-31 | $7.65B | 26.89% |
| 2003-12-31 | $6.03B | 23.81% |
| 2002-12-31 | $4.87B | -2.68% |
| 2001-12-31 | $5.01B | 33.28% |
| 2000-12-31 | $3.76B | - |
Companhia Energética de Minas Gerais generated $36.85B in revenue during NA 2023, up 6.93% compared to the previous quarter, and up 165.50% compared to the same period a year ago.
Companhia Energética de Minas Gerais Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $9.06B | -9.03% |
| 2023-12-31 | $9.96B | 5.62% |
| 2023-09-30 | $9.43B | 6.88% |
| 2023-06-30 | $8.82B | 2.00% |
| 2023-03-31 | $8.65B | -11.34% |
| 2022-12-31 | $9.75B | 5.75% |
| 2022-09-30 | $9.22B | 12.29% |
| 2022-06-30 | $8.21B | 4.67% |
| 2022-03-31 | $7.85B | -18.74% |
| 2021-12-31 | $9.66B | 1.39% |
| 2021-09-30 | $9.52B | 29.52% |
| 2021-06-30 | $7.35B | 3.42% |
| 2021-03-31 | $7.11B | -2.12% |
| 2020-12-31 | $7.26B | 13.14% |
| 2020-09-30 | $6.42B | 8.20% |
| 2020-06-30 | $5.93B | -2.06% |
| 2020-03-31 | $6.06B | -5.17% |
| 2019-12-31 | $6.39B | 5.25% |
| 2019-09-30 | $6.07B | -13.48% |
| 2019-06-30 | $7.02B | 18.67% |
| 2019-03-31 | $5.91B | 8.06% |
| 2018-12-31 | $5.47B | -12.48% |
| 2018-09-30 | $6.25B | 11.52% |
| 2018-06-30 | $5.61B | 13.60% |
| 2018-03-31 | $4.94B | -24.74% |
| 2017-12-31 | $6.56B | 27.70% |
| 2017-09-30 | $5.14B | -1.33% |
| 2017-06-30 | $5.21B | 8.15% |
| 2017-03-31 | $4.81B | 3.14% |
| 2016-12-31 | $4.67B | -4.66% |
| 2016-09-30 | $4.89B | 2.95% |
| 2016-06-30 | $4.75B | 6.79% |
| 2016-03-31 | $4.45B | -15.45% |
| 2015-12-31 | $5.27B | 10.04% |
| 2015-09-30 | $4.79B | -11.27% |
| 2015-06-30 | $5.39B | -7.84% |
| 2015-03-31 | $5.85B | -7.25% |
| 2014-12-31 | $6.31B | 66.14% |
| 2014-09-30 | $3.80B | -18.76% |
| 2014-06-30 | $4.67B | -1.82% |
| 2014-03-31 | $4.76B | -57.04% |
| 2013-12-31 | $11.08B | -410.34% |
| 2013-09-30 | $-3.57B | -203.83% |
| 2013-06-30 | $3.44B | -6.49% |
| 2013-03-31 | $3.68B | -27.71% |
| 2012-12-31 | $5.09B | 5.77% |
| 2012-09-30 | $4.81B | 8.98% |
| 2012-06-30 | $4.41B | 6.41% |
| 2012-03-31 | $4.15B | -4.45% |
| 2011-12-31 | $4.34B | 7.56% |
| 2011-09-30 | $4.04B | 6.07% |
| 2011-06-30 | $3.80B | 12.35% |
| 2011-03-31 | $3.39B | -11.23% |
| 2010-12-31 | $3.82B | 19.85% |
| 2010-09-30 | $3.18B | 7.75% |
| 2010-06-30 | $2.95B | 1.52% |
| 2010-03-31 | $2.91B | -56.03% |
| 2009-12-31 | $6.62B | 121.12% |
| 2009-09-30 | $2.99B | 0.69% |
| 2009-06-30 | $2.97B | 25.60% |
| 2009-03-31 | $2.37B | 39.81% |
| 2008-12-31 | $1.69B | -38.56% |
| 2008-09-30 | $2.75B | 4.91% |
| 2008-06-30 | $2.63B | -4.67% |
| 2008-03-31 | $2.75B | 23.27% |
| 2007-12-31 | $2.23B | -13.72% |
| 2007-09-30 | $2.59B | - |
Companhia Energética de Minas Gerais generated $9.06B in revenue during Q1 2024, up -9.03% compared to the previous quarter, and up 92.87% compared to the same period a year ago.
Companhia Energética de Minas Gerais Revenue Breakdown
Companhia Energética de Minas Gerais Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 20 | Dec 19 |
|---|---|---|
| Transactions With Energy | $35.00M | $5.00M |
| Advance Against Future Electricity Supply | $9.00M | - |
| Advance For Future Power Supply | $7.00M | - |
| Reimbursement For Cessation Of Power Purchase Agreement | $10.00M | - |
| Securities | $33.00M | - |
| Reimbursement For Decontracted Supply | $2.00M | $4.00M |
| Reimbursement For Suspension Of Supply Of Power | $52.00M | - |
| ICMS Tax - Early Payment | $12.00M | - |
| Receivables from Customers and Traders | $127.00M | $166.00M |
| Provision of services | $5.00M | $1.00M |
| Accounts Receivable - AFAC | $27.00M | $17.00M |
| Provision Of Services | - | $1.00M |
| Marketable Securities | - | $8.00M |
Companhia Energética de Minas Gerais's latest annual revenue breakdown by segment (product or service), as of Dec 20: Receivables from Customers and Traders (39.81%), Reimbursement For Suspension Of Supply Of Power (16.30%), Transactions With Energy (10.97%), Securities (10.34%), Accounts Receivable - AFAC (8.46%), ICMS Tax - Early Payment (3.76%), Reimbursement For Cessation Of Power Purchase Agreement (3.13%), Advance Against Future Electricity Supply (2.82%), Advance For Future Power Supply (2.19%), Provision of services (1.57%), and Reimbursement For Decontracted Supply (0.63%).
Companhia Energética de Minas Gerais Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 |
|---|---|---|
| Advance Against Future Electricity Supply | $9.00M | - |
| Reimbursement For Decontracted Supply | $2.00M | $4.00M |
| Accounts Receivable - AFAC | $27.00M | $17.00M |
| Advance For Future Power Supply | $7.00M | - |
| Reimbursement For Cessation Of Power Purchase Agreement | $10.00M | - |
| Reimbursement For Suspension Of Supply Of Power | $52.00M | - |
| Securities | $33.00M | - |
| ICMS Tax - Early Payment | $12.00M | - |
| Receivables from Customers and Traders | $127.00M | $166.00M |
| Provision of services | $5.00M | $1.00M |
| Transactions With Energy | $35.00M | $5.00M |
| Provision Of Services | - | $1.00M |
| Marketable Securities | - | $8.00M |
Companhia Energética de Minas Gerais's latest annual revenue breakdown by geography, as of Dec 20: Receivables from Customers and Traders (39.81%), Reimbursement For Suspension Of Supply Of Power (16.30%), Transactions With Energy (10.97%), Securities (10.34%), Accounts Receivable - AFAC (8.46%), ICMS Tax - Early Payment (3.76%), Reimbursement For Cessation Of Power Purchase Agreement (3.13%), Advance Against Future Electricity Supply (2.82%), Advance For Future Power Supply (2.19%), Provision of services (1.57%), and Reimbursement For Decontracted Supply (0.63%).
Companhia Energética de Minas Gerais Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CIG | Companhia Energética de Minas Gerais | $36.85B | $9.06B |
| ELP | Companhia Paranaense de Energia | $21.48B | $5.42B |
| BKH | Black Hills | $2.33B | $402.60M |
| ALE | ALLETE | $1.88B | $354.50M |
| AVA | Avista | $1.75B | $609.42M |
| NWE | NorthWestern | $1.42B | $475.30M |
| OTTR | Otter Tail | $1.35B | $342.34M |
| UTL | Unitil | $557.10M | $95.70M |
| MNTK | Montauk Renewables | $174.90M | $43.34M |
CIG Revenue FAQ
What is Companhia Energética de Minas Gerais’s yearly revenue?
Companhia Energética de Minas Gerais's yearly revenue for 2023 was $36.85B, representing an increase of 6.93% compared to 2022. The company's yearly revenue for 2022 was $34.46B, representing an increase of 2.43% compared to 2021. CIG's yearly revenue for 2021 was $33.65B, representing an increase of 33.37% compared to 2020.
What is Companhia Energética de Minas Gerais’s quarterly revenue?
Companhia Energética de Minas Gerais's quarterly revenue for Q1 2024 was $9.06B, a -9.03% decrease from the previous quarter (Q4 2023), and a 4.75% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $9.96B, a 5.62% increase from the previous quarter (Q3 2023), and a 2.09% increase year-over-year (Q4 2022). CIG's quarterly revenue for Q3 2023 was $9.43B, a 6.88% increase from the previous quarter (Q2 2023), and a 2.21% increase year-over-year (Q3 2022).
What is Companhia Energética de Minas Gerais’s revenue growth rate?
Companhia Energética de Minas Gerais's revenue growth rate for the last 3 years (2021-2023) was 9.52%, and for the last 5 years (2019-2023) was 45.13%.
What are Companhia Energética de Minas Gerais’s revenue streams?
Companhia Energética de Minas Gerais's revenue streams in c 20 are Transactions With Energy, Advance Against Future Electricity Supply, Advance For Future Power Supply, Reimbursement For Cessation Of Power Purchase Agreement, Securities, Reimbursement For Decontracted Supply, Reimbursement For Suspension Of Supply Of Power, ICMS Tax - Early Payment, Receivables from Customers and Traders, Provision of services, and Accounts Receivable - AFAC. Transactions With Energy generated $35M in revenue, accounting 10.97% of the company's total revenue, up 600.00% year-over-year. Advance Against Future Electricity Supply generated $9M in revenue, accounting 2.82% of the company's total revenue Advance For Future Power Supply generated $7M in revenue, accounting 2.19% of the company's total revenue Reimbursement For Cessation Of Power Purchase Agreement generated $10M in revenue, accounting 3.13% of the company's total revenue Securities generated $33M in revenue, accounting 10.34% of the company's total revenue Reimbursement For Decontracted Supply generated $2M in revenue, accounting 0.63% of the company's total revenue, down -50.00% year-over-year. Reimbursement For Suspension Of Supply Of Power generated $52M in revenue, accounting 16.30% of the company's total revenue ICMS Tax - Early Payment generated $12M in revenue, accounting 3.76% of the company's total revenue Receivables from Customers and Traders generated $127M in revenue, accounting 39.81% of the company's total revenue, down -23.49% year-over-year. Provision of services generated $5M in revenue, accounting 1.57% of the company's total revenue, up 400.00% year-over-year. Accounts Receivable - AFAC generated $27M in revenue, accounting 8.46% of the company's total revenue, up 58.82% year-over-year.
What is Companhia Energética de Minas Gerais’s main source of revenue?
For the fiscal year ending Dec 20, the largest source of revenue of Companhia Energética de Minas Gerais was Receivables from Customers and Traders. This segment made a revenue of $127M, representing 39.81% of the company's total revenue.