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Financial statements

Sigma Lithium Corp financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Sigma Lithium Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2024FY2025
Revenue151110
Cost of revenue12091.6
Gross profit31.618.4
Selling and marketing2.80.85
Operating income-36.7-42.5
Interest expense-32-26.2
Interest income3.882.23
Pre-tax income-66-34.4
Income tax14.6-15.8
Net income-38.2-51.4-50.2
EBITDA-44.5
EPS, basic-0.46-0.45
EPS, diluted-0.46-0.45

Balance sheet

FY2024FY2024FY2025
Cash and equivalents48.645.96.21
Inventory14.716.120.7
Total current assets10892.849.2
Total assets368327294
Total current liabilities92.3109200
Lease liabilities2.711.441.59
Total liabilities206235237
Total debt129174141
Retained earnings-176-227-277
Total equity16292.356.6
Total liabilities and equity368327294

Cash flow statement

FY2024FY2024FY2025
Net income-38.2-51.4-50.2
Depreciation and amortization-1.98
Cash from operations-18.32.45
Capital expenditures-16.7-9.89
Cash from investing-23.6-12
Debt issued17857.7
Debt repaid-122-94.4
Cash from financing53.7-33.3
Exchange rate effect-14.43.13
Net change in cash-2.67-39.7
Free cash flow-35-7.45

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $9.58 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin16.7%Gross profit / revenue.
Operating margin-38.6%Operating income / revenue.
EBITDA margin-40.4%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-31.3%Pre-tax income / revenue.
Net margin-45.6%Net income / revenue.
FCF margin-6.8%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin2.2%Cash from operations / revenue.
Return on assets (ROA)-16.2%Net income / average total assets.
Capex / revenue9.0%Capital expenditures / revenue.
D&A / revenue-1.8%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-27.3%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-41.8%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-10.2%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.25xCurrent assets / current liabilities.
Quick ratio0.03x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Debt / assets47.8%Total debt / total assets.
Liabilities / assets80.7%Total liabilities / total assets.
Net debt$134.3MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital-$151.2MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.35xRevenue / average total assets.
Inventory turnover4.97xCost of revenue / average inventory.
Days inventory73 days365 x average inventory / cost of revenue.
Capex / operating cash flow404.5%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.45Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-$0.45Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$1.08BShare price x shares outstanding.
Enterprise value$1.21BMarket cap + total debt - cash - short-term investments.
P/S9.80xMarket cap / revenue.
P/OCF441xMarket cap / cash from operations, when positive.
EV/Sales11.0xEnterprise value / revenue.
FCF yield-0.7%Free cash flow / market cap.
Earnings yield-4.7%Net income / market cap (the inverse of P/E).
What was Sigma Lithium Corp's revenue in fiscal 2025?

Sigma Lithium Corp reported revenue of $110.0M for fiscal 2025, 27.3% lower than the year before.

Was Sigma Lithium Corp profitable in fiscal 2025?

No. It reported a net loss of $50.2M.

How much free cash flow did Sigma Lithium Corp generate in fiscal 2025?

Cash from operations of $2.4M minus capital expenditures of $9.9M left free cash flow of -$7.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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