7Baggers

Sigma Lithium Corporation
(NASDAQ:SGML) 

SGML stock logo

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 27 mineral rights covering an area of approximately 191 square kilometers located in the Araçua...

Founded: 2011
Full Time Employees: 126
CEO: Ana Cabral-Gardner  
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
LithiumCanadianMaterials
Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2025-08-15 2025-03-31 2024-11-15 2024-09-30 2024-06-30 2022-03-31 
          
      net sales revenue
    		16,888      
      cost of goods sold & distribution
    		-23,564 -34,217 -39,733    
      gross profit
    		-6,676 13,456 -11,458 -11,458,000 22,145,000  
      yoy
    		-100.03%      
      qoq
    		-149.61% -217.44% -99.90% -151.74%   
      gross margin %
    		-Infinity% 28.23% -40.52% -Infinity% Infinity% NaN% 
      sales expense
    		-183 -205 -535    
      g&a expense
    		-4,336 -4,759 -7,163    
      stock-based compensation
    		-472 -805 -1,871 -1,871,000 -2,656,000 10,681,000 
      esg and other operating expenses
    		-8,491 -896 -416    
      ebit
    		-20,158 6,791 -21,444    
      financial income and (expenses)
    		1,299 -5,447 -11,277    
      income before taxes
    		-18,859 9,728 -32,998    
      income taxes and social contribution
    		 -5,000 -1,247    
      net income for the period
    		-18,859 4,728 -34,246 -34,246,000   
      weighted-average number of common shares outstanding
    		111,280 111,271     
      earnings per share
    		-0.17 0.04 -0.31    
      revenue
    		 47,673 28,275    
      yoy
    		      
      qoq
    		 68.60%     
      non-cash fx & other income (expenses)
    		 8,384 -278    
      sales revenues
    		  59,887 59,887,000   
      provisional price adjustments
    		  -31,612 -31,612,000   
      weighted avg diluted shares outstanding
    		  110,822    
      total sales revenue
    		   28,275,000   
      cost of goods sold
    		   -39,733,000 -40,712,000  
      operating expenses
    		      
      sales expenses and commissions
    		   -535,000 -515,000  
      general and administrative expenses
    		   -7,163,000 -6,297,000 1,359,000 
      other operating income (expenses)
    		   -416,000 -4,966,000  
      operating income before financial results and income taxes
    		   -21,443,000 7,711,000  
      financial income (expenses)
    		   -11,555,000 -25,498,000  
      income (loss) before income tax and social contribution
    		   -32,998,000   
      income tax and social contribution – current
    		   -624,000 -6,211,000  
      income tax and social contribution – deferred
    		   -624,000 9,177,000  
      basic and diluted net income per common share
    		   -310   
      weighted average number of common shares outstanding - basic and diluted
    		   110,821,505,000   
      sales revenue
    		    62,857,000  
      loss before income tax and social contribution
    		    -17,787,000  
      net loss for the period
    		    -14,821,000 -10,204,000 
      basic and diluted net loss per common share
    		    -130 -100 
      weighted-average number of common shares outstanding - basic and diluted
    		    110,528,083,000 99,770,691,000 
      accretion and interest on notes payable
    		     15,000 
      interest expense on credit revolver and suppliers
    		      
      foreign exchange loss
    		     -1,873,000 
      depreciation
    		     22,000 
      other comprehensive income
    		      
      amounts that may be reclassified subsequently to profit and loss
    		      
      cumulative translation adjustment
    		     1,345,000 
      net loss and comprehensive loss for the period
    		     -8,859,000 
      loss per common share
    		      
      equity holders of the company
    		      
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-08-15 2025-06-30 2025-03-31 2024-12-31 2024-11-15 2024-09-30 2024-08-16 2024-06-30 2024-05-16 2023-11-14 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 
                       
        assets
      		                 
        cash and cash equivalents
      		15,113 15,113 31,111 66,053 88,645 88,645,000 103,090 103,090,000 146,393  38,142,000 45,617,000 92,852,000    35,486,829 
        trade accounts receivable
      		16,765 16,765 27,035 16,663 20,122 20,109,000 89,846 89,846,000 39,276         
        inventories
      		24,566 24,566 21,232 23,217 22,394 22,394,000  19,272,000  21,797 21,797,000 24,107,000 721,000     
        other current assets
      		13,306 13,306 21,208 27,517 24,883  39,821  51,114         
        total current assets
      		69,750 69,750 100,585 133,450 156,044 156,044,000 232,757 232,757,000 236,783 153,363 153,363,000 89,564,000 113,659,000 86,436,000 124,602,000 142,729,000 36,384,258 
        property, plant and equipment
      		161,617 161,617 152,533 202,864 224,945 224,945,000 223,269 223,269,000 236,824 232,138 232,138,000 231,791,000 211,052,000 89,264,000 52,760,000 41,103,000 25,651,557 
        other non-current assets
      		104,834 104,834 98,815 134,244 117,459  110,611  107,613         
        total assets
      		266,451 266,451 351,934 470,559 498,447 498,447,000 566,637 566,637,000 581,220 455,011 455,011,000 381,479,000 363,720,000 197,564,000 193,319,000 195,781,000 66,542,285 
        liabilities & shareholder equity
      		                 
        financing and export prepayment
      		53,655 53,655 55,786 88,606 94,573  148,858  127,149   13,872,000 14,050,000     
        suppliers & accounts payable
      		44,325 44,325 41,289 46,933              
        other current liabilities
      		17,359 17,359 20,248 20,928 33,082  21,888  32,047         
        total current liabilities
      		115,339 115,339 117,323 156,468 185,251 185,251,000 222,507 222,507,000 222,114 99,776 99,776,000 76,992,000 53,108,000 9,445,000 9,542,000 2,107,000 2,673,676 
        other non-current liabilities
      		15,639 15,639 14,736 20,144 15,029  14,858  8,344         
        total non-current liabilities
      		128,939 128,939 127,617 181,261 165,303 165,304,000 166,401 166,401,000 153,832 136,605 136,605,000 129,947,000 133,418,000 2,315,000 4,749,000 4,439,000  
        total shareholders' equity
      		91,923 91,923 106,994 132,830 147,893 147,892,000 177,729 177,729,000 205,274 218,630 218,630,000 174,540,000 177,194,000 185,804,000 179,028,000 189,235,000 59,641,247 
        total liabilities & shareholders' equity
      		336,201 336,201 351,934 470,559   566,637  581,220         
        liabilities& shareholder equity
      		                 
        suppliers& accounts payable
      		    57,596             
        total liabilities& shareholders' equity
      		    498,447             
        financial position
      		                 
        advance to suppliers
      		     11,323,000  7,317,000  9,441 9,441,000 6,489,000 3,899,000     
        accounts receivable from related parties
      		     12,000  12,000          
        prepaid expenses and other assets
      		     2,532,000  1,267,000  6,869 6,869,000 12,963,000 15,826,000 1,250,000 1,317,000 1,834,000  
        recoverable vat and other taxes
      		     11,029,000  11,953,000          
        loans and accounts receivable from related parties
      		     16,760,000  12,746,000          
        deferred income tax and social contribution
      		     10,973,000  11,626,000  1,757 1,757,000       
        cash held as collateral
      		     15,564,000  15,761,000          
        deferred exploration and evaluation expenditure
      		     72,062,000  70,402,000          
        total non-current assets
      		     342,403,000  333,880,000          
        suppliers
      		     47,645,000  44,164,000  37,425 37,425,000 19,929,000 19,553,000     
        loans and export prepayment
      		     94,573,000  148,858,000          
        lease liability
      		     1,658,000  1,889,000  2,089 2,089,000 1,802,000 1,385,000 48,000 39,000 31,000 27,572 
        prepayment from customers
      		     8,247,000            
        taxes payable
      		     13,441,000  12,031,000   4,594,000 3,337,000 6,020,000     
        accounts payable
      		     9,951,000 51,761 7,598,000 62,918  9,399,000      2,023,166 
        payroll and related charges
      		     7,819,000  5,866,000  2,902 2,902,000 1,499,000 838,000     
        legal contingencies
      		     87,000            
        other liabilities
      		     1,830,000  2,101,000      162,000 134,000 122,000  
        legal contingencies - long term
      		     2,269,000            
        labor provision
      		     1,168,000            
        asset retirement obligations
      		     3,630,000  3,551,000  7,216 7,216,000 7,272,000 6,919,000 2,105,000 529,000 188,000  
        share capital
      		     423,499,000  417,192,000  373,043 373,043,000 309,701,000 297,779,000 231,810,000 231,356,000 229,709,000 92,646,319 
        stock-based compensation reserve
      		     32,542,000  35,506,000          
        accumulated other comprehensive income
      		     -17,090,000  -18,157,000   923,000 4,012,000      
        accumulated losses
      		     -291,059,000  -256,812,000   -220,016,000       
        total liabilities and shareholders' equity
      		     498,447,000  566,637,000  455,011 455,011,000 381,479,000 363,720,000 197,564,000 193,319,000 195,781,000 66,542,285 
        labor contingencies
      		       3,469,000          
        asset
      		                 
        current assets
      		                 
        cash and cash equivalent
      		         38,142        
        customers
      		         73,492 73,492,000       
        due from related party
      		         370 370,000 388,000 361,000     
        tax to recovery
      		         3,252        
        non-current assets
      		                 
        exploration and evaluation assets
      		         59,706 59,706,000 54,029,000 38,716,000 21,660,000 15,865,000 11,846,000 4,409,587 
        liabilities and shareholders' equity
      		                 
        current liabilities
      		                 
        financing and export prepayment agreement
      		         27,642 27,642,000       
        customer advance
      		         2,127  31,752,000      
        taxes payable - short term
      		         4,594        
        income tax and social contribution
      		         8,800 8,800,000       
        account payable
      		         9,399  2,877,000 3,501,000 3,182,000 3,470,000 1,312,000  
        royal agreement option
      		                 
        royalties
      		         1,112 1,112,000       
        accrued social projects
      		         2,173 2,173,000 1,819,000 2,518,000     
        accrued liabilities and other liabilities
      		         1,513        
        non-current liabilities
      		                 
        taxes payable - long term
      		         136        
        accrued liabilities
      		         2,354 1,513,000 105,000 107,000     
        related party loan
      		                 
        total liabilities
      		         236,381 236,381,000 206,939,000 186,526,000 11,760,000 14,291,000 6,546,000 6,901,038 
        shareholders' equity
      		                 
        contributed surplus
      		         64,680 64,680,000 129,728,000 103,429,000 70,911,000 48,107,000 39,023,000 21,896,165 
        accumulated other comprehensive loss
      		         923   344,000 -2,955,000 -2,896,000 -2,174,000 -3,370,543 
        accumulated deficit
      		         -220,016  -268,901,000 -224,358,000 -113,962,000 -97,539,000 -77,323,000 -51,530,694 
        tax recoverable
      		          3,252,000       
        advances from customers
      		          2,127,000       
        royalty agreement option
      		            5,136,000     
        cash
      		             85,186,000 123,285,000 140,895,000  
        payroll and other taxes
      		             855,000 1,007,000 642,000 354,083 
        note payable
      		                268,855 
        royalty agreement call option
      		             5,198,000 4,892,000   
        deferred revenue
      		              4,007,000 4,007,000 4,007,100 
        receivables and other assets
      		                897,429 
        revolving credit facility
      		                 
        long-term liabilities
      		                 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 
                    
          net sales revenue
        		            
          cost of goods sold & distribution
        		 -34,217           
          gross profit
        		 13,456           
          sales expense
        		            
          g&a expense
        		 -4,759           
          stock-based compensation
        		 -805  1,868,000 2,656,000 3,066,000 -2,391,000 29,312,000 19,705,000 17,511,000 10,661,000 10,681,000 
          esg and other operating expenses
        		            
          ebit
        		 6,791           
          financial income and (expenses)
        		            
          income before taxes
        		            
          income taxes and social contribution
        		            
          net income for the period
        		-18,859 4,728           
          weighted-average number of common shares outstanding
        		            
          earnings per share
        		            
          consolidated statements of financial position
        		            
          assets
        		            
          cash and cash equivalents
        		            
          trade accounts receivable
        		   69,957,000 -56,767,000 -9,889,000       
          inventories
        		   -2,859,000 -2,195,000 -885,000 3,285,000      
          other current assets
        		            
          total current assets
        		            
          property, plant and equipment
        		            
          other non-current assets
        		            
          total assets
        		            
          liabilities & shareholder equity
        		            
          financing and export prepayment
        		      23,544,000 0 57,414,000    
          suppliers & accounts payable
        		            
          other current liabilities
        		            
          total current liabilities
        		            
          other non-current liabilities
        		            
          total non-current liabilities
        		            
          total shareholders' equity
        		            
          total liabilities & shareholders' equity
        		            
          consolidated statements of cash flows
        		            
          operating activities
        		            
          adjustments, including fx movements
        		-21,906 3,203           
          interest payment on loans and leases
        		7,793 -1,149 21,085,679 -4,255,000 -1,654,000 -15,194,000       
          adjustments to income for the period
        		-14,113 2,054           
          change in working capital
        		12,822 -8,968           
          net cash from operating activities
        		-6,019 -2,186 7,710,653 48,190,000 -40,533,000 -15,392,000 -16,175,000 -28,812,000 -35,332,000 -8,557,000 -2,771,000 -4,310,000 
          capital expenditures
        		0 0 0 -2,133,000 -11,941,000 -5,303,000 -9,207,000 -13,979,000 -26,289,000 -28,397,000 -12,134,000 -7,275,000 
          free cash flows
        		-6,019 -2,186 7,710,653 46,057,000 -52,474,000 -20,695,000 -25,382,000 -42,791,000 -61,621,000 -36,954,000 -14,905,000 -11,585,000 
          investing activities
        		            
          purchase of ppe
        		-3,025 -3,454           
          addition to exploration and evaluation assets
        		-249 -296     -5,115,000 -5,736,000 -1,592,000 -5,065,000 -4,040,000 -2,766,000 
          other
        		1 -1,043 -3,049,244 258,000 1,183,000 1,603,000       
          net cash from investing activities
        		-3,273 -4,793 27,472,440 -6,521,000 -13,378,000 -7,606,000 -14,322,000 -19,715,000 -27,881,000 -33,462,000 -16,174,000 -10,041,000 
          financing activities
        		            
          proceeds of loans
        		-6,449 -10,193           
          net cash from financing activities
        		-7,096 -10,772 -68,759,884 -57,025,000 19,841,000 106,016,000 23,544,000 0 57,414,000 21,000 58,000 2,006,000 
          effect of fx
        		400 2,944           
          net increase in cash
        		-15,998 -14,807        -38,099,000 -17,610,000 -13,410,000 
          cash & equivalents, beg of period
        		0 45,918           
          cash & equivalents, end of period
        		-15,998 31,111           
          | 7
        		            
          cash-cost to cost of sales reconciliation
        		 1           
          operating cash cost at plant gate
        		 349           
          freight to port & warehouse
        		 51           
          cif freight & distribution cost
        		 36           
          royalties
        		 22           
          operating cash cost cif china
        		 458           
          freight accounting adjustments
        		 23           
          d&a expenses
        		 46           
          inventory and other accounting adjustments
        		 28           
          cost of sales
        		 556           
          ebitda
        		 10,010           
          revenues
        		 47,673           
          sales expenses
        		 -205           
          esg & other operating expenses
        		 -896           
          depreciation & amortization
        		 3,219           
          adjusted cash ebitda
        		 11,426           
          adjusted ebitda
        		 24           
          net loss for the period
        		   -34,247,000 -14,711,000 -9,344,000   -29,847,000 -16,423,000 -20,216,000 -10,204,000 
          adjustments for:
        		            
          interest on loans and leases
        		   7,933,000 7,453,000 6,338,000       
          depreciation and depletion
        		   3,912,000 4,148,000 4,622,000       
          reversal of present value of assets retirement obligation
        		   51,000 55,000 57,000       
          provision for labor and legal contingencies
        		            
          amortization of transaction costs
        		   249,000 262,000 267,000       
          foreign exchange gain
        		   -4,534,000 25,919,000 5,460,000       
          income tax and social contribution - current and deferred
        		   1,247,000 -2,966,000 -585,000       
          interest on loans with related parties
        		   -414,000 -227,000 -567,000       
          social programs provision
        		   -945,000 530,000 110,000       
          (increase) decrease in operating assets
        		            
          prepaid expenses and other assets
        		   -1,231,000 1,409,000 1,423,000 139,000 -3,931,000 -5,007,000 -36,000 548,000 -1,035,000 
          advance to suppliers
        		   -3,947,000 167,000 -1,438,000       
          related parties
        		            
          recoverable vat and other taxes
        		   -3,936,000 -3,708,000 -2,652,000       
          other assets
        		   55,000         
          increase (decrease) in operating liabilities
        		            
          suppliers
        		   2,387,000 -13,431,000 3,748,000 29,942,000      
          prepayment from customer
        		   8,117,000         
          taxes payables
        		   3,754,000 7,090,000 1,262,000       
          payroll and related charges
        		   1,892,000 1,361,000 2,525,000       
          accounts payable
        		   2,885,000 -318,000 -3,269,000       
          founder's royalty option
        		            
          other liabilities
        		   182,000 393,000 -27,000       
          purchase of property, plant and equipment
        		   -2,133,000 -11,941,000 -5,303,000 -9,207,000 -13,979,000 -26,289,000 -28,397,000 -12,134,000 -7,275,000 
          addition to deferred exploration and evaluation expenditure
        		   -966,000 -1,014,000 -2,248,000       
          loans to related parties for land acquisition and geology expenditures
        		   -3,422,000 -423,000 -55,000       
          proceeds from loans
        		   38,801,000 65,250,000 119,380,000       
          repayment of loan
        		   -95,348,000 -45,212,000 -12,518,000       
          transactions costs
        		   0         
          payment of lease liabilities
        		   -478,000 40,000 -846,000       
          effect of exchange rate changes on cash held in foreign currency
        		   911,000 -9,233,000 -1,028,000 -522,000 1,292,000 2,297,000 3,899,000 1,277,000 -1,065,000 
          increase (decrease) in cash and cash equivalents in the period
        		     81,990,000       
          cash and cash equivalents, beginning of period
        		   0 0 64,403,000       
          cash and cash equivalents, end of period
        		   -14,445,000 -43,303,000 146,393,000 -7,475,000 -47,235,000 92,852,000    
          provision for labor contingencies
        		    2,775,000 116,000       
          decrease in operating assets
        		            
          increase in operating liabilities
        		            
          increase in cash and cash equivalents in the period
        		            
          prepayment from customer for by-products
        		     -2,139,000       
          interest and additions on notes payable
        		            
          accrual social projects
        		            
          accrual liabilities
        		            
          cost transactions
        		      270,000 265,000 255,000    
          interest due loans and leases
        		      1,907,000 759,000 214,000    
          accretion of asset retirement obligation
        		            
          realized foreign exchange loss on notes payable
        		         0 0 41,000 
          deferred revenue termination agreement
        		            
          foreign exchange loss on other assets and liabilities
        		        -6,093,000  1,046,000 -1,873,000 
          royalty agreement call option
        		         0   
          adjusted income for the period
        		            
          changes in non-cash working capital items:
        		            
          customers
        		            
          advance from customers
        		            
          amounts payable and other liabilities
        		         5,000 -111,000 -2,159,000 
          payroll and other taxes
        		      1,422,000 -2,099,000 3,041,000 -151,000 382,000 202,000 
          interest payment of leases and financing
        		      -1,315,000 -178,000 -190,000    
          proceeds from warrants exercised
        		         0 0 2,345,000 
          proceeds from stock options exercised
        		         22,000   
          repayment of note payable
        		         0 1,000 -326,000 
          net (decrease) in cash and cash equivalents
        		            
          non-cash transactions
        		            
          addition in pp&e – right of use – ifrs 16 -
        		            
          capitalized interest
        		      38,000 153,000 3,608,000    
          pp&e suppliers outstanding balances
        		      -9,816,000 14,629,950 14,050    
          non-cash effects
        		      -8,270,000 20,068,182 18,818    
          loss for the period
        		            
          depreciation
        		       41,000 34,000 15,000 27,000 22,000 
          interest and accretion on notes payable
        		         18,000 0 15,000 
          accrual for social projects
        		       -774,000 2,454,000    
          accrual for contingencies
        		       7,000 163,000    
          accretion due to asset retirement obligation
        		            
          foreign exchange gain on other assets and liabilities
        		            
          adjusted loss for the period
        		            
          customer advance
        		            
          accounts payable and other liabilities
        		            
          net decrease in cash and cash equivalents
        		            
          cash and cash equivalents, at beginning of period
        		       0 96,354,000    
          addition in pp&e – right of use – ifrs 16
        		       522,000 1,160,000    
          adjusted net loss for the period
        		        -13,115,000    
          suppliers, accounts payable and other liabilities
        		        -20,061,000    
          net increase in cash and cash equivalents
        		        -3,502,000    
          interest expense on credit revolver and suppliers
        		            
          repayment of revolving credit facility
        		            
          lease payments
        		         -1,000 -10,000 -13,000 
          issuance of common shares
        		            
          cash, beginning of period
        		         0 0 154,305,000 
          cash, end of period
        		         -38,099,000 -17,610,000 140,895,000 
          unrealized foreign exchange loss on notes payable
        		            
          accretion and interest on notes payable
        		            
          fair value adjustment on restructuring of note payable
        		            
          unrealized foreign exchange gain on notes payable
        		            
          unrealized foreign exchange gain
        		            
          provision
        		            
          receivables and other assets
        		            
          other taxes
        		            
          issue of common shares