UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2024
Commission File Number: 001-40786
Sigma Lithium
Corporation
(Translation of
registrant's name into English)
2200 HSBC Building
885 West Georgia Street
Vancouver, British Columbia
V6C 3E8
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F ¨ Form 40-F x
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Note: Regulation S-T Rule 101(b)(1) only permits the submission
in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Note: Regulation S-T Rule 101(b)(7) only permits the submission
in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and
make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's
"home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as
the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security
holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| |
Sigma Lithium Corporation |
| |
(Registrant) |
| Date: May 16, 2024 |
 |
| |
Ana Cristina Cabral Gardner |
| |
Chief Executive Officer |
| |
|
Exhibit 99.1
SIGMA LITHIUM
REPORTS 1Q 2024 RESULTS:
MAY SHIPMENT
PRICED AT $1,290, INCREASED 25% FROM 1Q;
PRODUCTION COSTS
AT $397/t, 2ND LOWEST IN INDUSTRY
FIRST QUARTER
2024 HIGHLIGHTS ($ USD)
| · | Strengthened
commercial position in May, achieving a premium price of USD $1,290/t, at a fixed formula
of 9% of lithium hydroxide quoted at LME, delivering: |
| o | 11%
price increase from April |
| o | 25%
price increase from 1Q24 realized sales price (USD $930/t or $1,035/t on a 6% basis) |
| · | Revenues
from volumes of Quintuple Zero High Purity Lithium Concentrate sold in 1Q totaled $49.1 million.
|
| o | Sales
volumes totaled 52,857/t |
| o | Production
volumes totaled 54,168/t |
| · | Reduced
reported cash cost by 16% from 4Q23, approaching 3Q cost guidance: |
| o | FOB
cash costs of $462/t (guidance $420/t) |
| o | Cash
costs at industrial plant gate averaging $397/t (guidance of $370/t) |
| · | Robust
1Q24 EBITDA margins: |
| o | 35.3%
margins on pro forma EBITDA(3) of $17.4 million, generated by business conducted
in 1Q24. |
| o | 15.8%
margins on reported 1Q adjusted EBITDA of $5.9 million. |
| · | Board
of Directors made a Final Investment Decision to build a second Greentech Industrial Plant
that will increase production capacity to 520,000/t of Quintuple Zero Green Lithium from
the current 270,000 t/year. |
| · | Extended
operational life to 25 years at the Company’s 100% owned Grota do Cirilo industrial-mineral
complex at an industrial throughput of 520,000 t/year: Increase of 40% in proven and probable
mineral reserves to 77 million tonnes (from 54.8 million tonnes). |
Conference Call
Information
The Company will
conduct a conference call to discuss its financial results for the first quarter at 12:00 p.m. EST on Thursday, May 16, 2023. Participating
on the call will be Co-Chairperson and Chief Executive Officer, Ana Cabral. To register for the call, please proceed through the following
link Register here. For access to the webcast, please Click here.
SAO PAULO (May
16, 2024) – SIGMA Lithium Corporation (“Sigma Lithium” or the “Company”) (NASDAQ: SGML,
TSXV: SGML, BVMF: S2GM34), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon
neutral, responsibly sourced chemical grade lithium concentrate, today announced its results for the first quarter ended March 31, 2024.
The Quarterly Filings and accompanying Management Discussion and Analysis (“MD&A”) are available on SEDAR+ (www.sedarplus.ca),
EDGAR (www.sec.gov) and the Company's corporate website.
Ana Cabral, Co-Chairperson
and CEO said: "During 2024, Sigma has delivered on several key milestones aimed at doubling industrial capacity by 2025. We made
the final investment decision to initiate construction of a second Greentech plant, and we extended operational life to 25 years at Grota
do Cirilo by increasing our audited proven and probable mineral reserve by 40%. Our entire team is focused on the execution of this industrial
and mineral capacity expansion, repeating the success of Phase 1 by delivering this second stage of operational growth on time and on
budget.”
She added: “Operationally,
our team has been progressing consistently towards achieving robust cash flow generation for 2024. We continue to premiunize the price
of our Quintuple Zero Green Lithium, increasing May prices by 11% from April, and a nearly 30% from the 1Q24 average realized prices.
We reduced reported cash cost by 16% vs 4Q23, approaching guidance.
Key Performance
Metrics for Quarter Ended 31 March 2024 ($ USD)
| | |
Unit | |
1Q24 | |
4Q23 |
| Concentrate Produced | |
tonnes | |
54,168 | |
59,938 |
| Concentrate Grade Produced | |
% | |
5.4% | |
5.3% |
| Concentrate Sold | |
tonnes | |
52,857 | |
64,670 |
| Reported Revenue | |
$ 000s | |
37,202 | |
37,688 |
| Average Reported Selling Price | |
$/t | |
704 | |
583 |
| Revenue for Business Conducted in 1Q | |
$ 000s | |
49,141 | |
67,500 |
| Average Realized Selling Price in 1Q | |
$/t | |
930 | |
1,067 |
| Unit Operating Cost (1) | |
$/t | |
397 | |
478 |
| Adjusted EBITDA (2) | |
$ 000s | |
5,878 | |
1,295 |
| Net Income | |
$ 000s | |
(6,962) | |
(9,500) |
| Cash and Cash Equivalents | |
$ 000s | |
108,191 | |
48,584 |
Sigma Lithium made
two full shipments of its Quintuple Zero Green Lithium concentrate during the first quarter as the March shipment was concluded in the
first week of April.
| · | Sales
were supplemented by an additional sale to Glencore AG of volumes at port totalling 8,700/t
at the end of the quarter. |
| · | Revenues
associated with volumes sold in the first quarter totaled $49 million, implying a realized
FOB sales price of $930/t. |
| · | Reported
revenues for the first quarter totaled $37.2 million (C$50.4 million). |
| o | Provisional
price adjustments reduced 1Q24 revenues by USD $12 million, an improvement from the $30 million
price adjustment in 4Q23, as lithium concentrate prices turned upward after the Lunar New
Year. |
Cash unit operating
costs(1) for lithium concentrate produced at the Company’s Grota do Cirilo operations in the first quarter averaged
USD $397/t. The 4Q cash cost FOB Vitoria (which includes transportation and port charges) averaged USD $462/t (or $483/t with royalties).
| · | This
is a nearly 16% improvement from the reported FOB costs in 4Q23 and is an important step
to meeting Company cost targets of $370/t plant gate and $420/t FOB. |
| · | Sigma
Lithium has already seen an improvement in its cost structure given productivity actions
taken, and notes that production at the processing plant was the primary hinderance to achieving
guided costs during the first quarter. The Company reiterates its expectation to achieve
guidance within 2Q24 for 3Q average realization. |
The Company delivered
first quarter adjusted EBITDA of $5.9 million (C$8.1 million), reflecting a margin of 15.8%. Reported EBITDA for the first quarter totaled
$3.1 million (C$4.3 million).
| · | This
number includes $0.5 million (C$0.7 million) of non-recurring expenditures, including those
associated with the strategic review, and $2.3 million (C$3.1 million) in non-cash stock-based
compensation expenses. |
1Q24 results had
a $12 million provisional price adjustment to revenues resulting from shipments in the 4Q23. Without this provisional price adjustment,
the Company delivered a pro forma adjusted EBITDA for business conducted in 1Q24 of $17.4 million, implying a margin of more than 35%.
Net income in the
quarter was a loss of $7.0 million (C$9.3 million), or ($0.06) per diluted share outstanding.
Operational
Update and Phase 2 Expansion
Lithium
concentrate production in the first quarter totaled 54,168 tonnes, compared to the 59,938 tonnes produced in 4Q23. No single factor
weighed materially on production, but it was impacted, in part, by holiday seasonality and fewer work days. Sigma maintained a
delivery schedule of approximately 35 days. The Company has successfully continued to improve Greentech plant efficiency in 2024,
and notes that production improved sequentially through the course of the first quarter.
On April 1, 2024,
the Board of Directors announced a Final Investment Decision (“FID”) for the Company’s Phase 2 Greentech Plant
expansion. The project is expected to add 250,000 tonnes of production capacity to the current 270,000-tonne Phase 1 operation. Earthworks
engineering is ongoing. Building and commissioning are expected to occur within 12 months of the FID announcement, with the first commercial
production expected in 2Q25. The total expected capex for the Phase 2 construction is $100 million (C$136 million), and the Company has
already secured all relevant environmental licenses to build and operate the second Greentech Plant.
Ninth Shipment
Scheduled for the week of May 20
The Company is
also announcing today that it has finalized pricing discussions for its ninth shipment of Quintuple Zero Green Lithium concentrate scheduled
for the week of May 20th. The 22,000/t shipment will be priced at the formula of 9% of the LME/Fastmarkets lithium hydroxide benchmark,
implying $1,290/t at today’s market ($1,459/tonne gross of VAT).
The current value
of the May shipment reflects an 11% price increase over the Company’s eighth shipment in April, where the $1,160/tonne secured
price was equivalent to 8.75% of the LME/Fastmarkets Lithium Hydroxide prices.
A similar price
discovery process was followed through closed private bidding for the fixed portion of the price formula, though the final economics
will depend on LME/ Fastmarkets lithium hydroxide benchmark at one month after the landing of the shipment. Sigma Lithium will continue
to adapt its marketing strategy to maximize the commercial value of its premium Quintuple Zero Green Lithium
Sigma Lithium Commercial
Director Catarina Noci, stated: “The economics for our May shipment represent a continuation in the market recovery that started
in the days following the Lunar New Year. Indications from the market point to a firm outlook for lithium concentrate as we enter the
price discovery process for our next shipment in June. Demand for our Quintuple Zero Green Lithium continues to be robust as a result
of its superior chemical properties and coarse particles. We will evolve our pricing strategy to follow market dynamics in order to capture
as much as possible of the 20-30% cost savings embedded in the “value-in-use” we deliver to our downstream clients.”
Balance Sheet
& Liquidity
Sigma Lithium ended
the first quarter with $108.2 million (C$146.4 million) in cash and cash equivalents. This represents a material increase from the $48.5
million in cash at the quarter ended Dec. 31, 2023. At the end of the quarter, the Company had $201 million (C$272 million) in short
and long-term loans and export prepayment liabilities. This included $89 million in drawn and available, but unutilized, liquidity through
trade finance lines.
Capital expenditures
during the first quarter totaled $5.6 million (C$7.6 million) directed towards maintenance, exploration as well as incremental investments
in the Greentech Plant to boost production. In total, the Company’s net debt position over the course of 1Q increased by $13 million,
reflecting the annual interest payment made in connection with the outstanding debt.
Free cash flow
was a modest drag as a result of lower market prices in the quarter, higher receivables, as well as the conclusion of the March shipment
taking place in the first week of April (resulting in one less shipment made during the 1Q24 compared with 4Q23).
ABOUT SIGMA
LITHIUM
Sigma
Lithium (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34) is a leading global lithium producer dedicated to powering the next generation of electric
vehicle batteries with carbon neutral, socially and environmentally sustainable chemical-grade lithium concentrate.
Sigma
Lithium operates at the forefront of environmental and social sustainability in the EV battery materials supply chain and is
currently producing Quintuple Zero Green Lithium concentrate from its Grota do Cirilo Project in Brazil. Phase 1 of the project
entered commercial production in 2Q23 and has an annual capacity of 270,000 tonnes of concentrate (36,700 LCE annually). The Company
is currently working to expand production via a Phase 2 concentrate line and associated mine which would add another 250,000 tonnes
of Quintuple Zero Green Lithium capacity annually. The project produces lithium concentrate at its state-of-the-art Greentech
lithium plant that uses 100% renewable energy, 100% recycled water and 100% dry-stacked tailings.
Please
refer to the Company’s National Instrument 43-101 technical report titled “Grota do Cirilo Lithium Project Araçuaí
and Itinga Regions, Minas Gerais, Brazil, Amended and Restated Technical Report” issued March 19, 2024, which was prepared for
Sigma Lithium by Homero Delboni Jr., MAusIMM, Promon Engenharia; Marc-Antoine Laporte, P.Geo, SGS Canada Inc; Jarrett Quinn, P.Eng.,
Primero Group Americas; Porfirio Cabaleiro Rodriguez, (MEng), FAIG, GE21 Consultoria Mineral; and William van Breugel, P.Eng (the “Updated
Technical Report”). The Updated Technical Report is filed on SEDAR and is also available on the Company’s website.
For more information
about Sigma Lithium, visit https://www.sigmalithiumresources.com/
FOR ADDITIONAL INFORMATION PLEASE
CONTACT
Matthew DeYoe, EVP, Corporate
Affairs and Strategic Development
+1 (201) 819-0303
matthew.deyoe@sigmalithium.com.br
Daniel Abdo, Director, Investor
Relations
+55 11 2985-0089
daniel.abdo@sigmalithium.com.br
Sigma Lithium
 |
Sigma
Lithium |
 |
@sigmalithium |
 |
@SigmaLithium |
FORWARD-LOOKING
STATEMENTS
This
news release includes certain “forward-looking information” under applicable Canadian and U.S. securities legislation, including
but not limited to statements relating to timing and costs related to the general business and operational outlook of the Company, the
environmental footprint of tailings and positive ecosystem impact relating thereto, donation and upcycling of tailings, timing and quantities
relating to tailings and Green Lithium, achievements and projections relating to the Zero Tailings strategy, achievement of ramp-up volumes,
production estimates and the operational status of the Grota do Cirilo Project, and other forward-looking information. All statements
that address future plans, activities, events, estimates, expectations or developments that the Company believes, expects or anticipates
will or may occur is forward-looking information, including statements regarding the potential development of mineral resources and mineral
reserves which may or may not occur. Forward-looking information contained herein is based on certain assumptions regarding, among other
things: general economic and political conditions; the stable and supportive legislative, regulatory and community environment in Brazil;
demand for lithium, including that such demand is supported by growth in the electric vehicle market; the Company’s market position
and future financial and operating performance; the Company’s estimates of mineral resources and mineral reserves, including whether
mineral resources will ever be developed into mineral reserves; and the Company’s ability to operate its mineral projects including
that the Company will not experience any materials or equipment shortages, any labour or service provider outages or delays or any technical
issues. Although management believes that the assumptions and expectations reflected in the forward-looking information are reasonable,
there can be no assurance that these assumptions and expectations will prove to be correct. Forward-looking information inherently involves
and is subject to risks and uncertainties, including but not limited to that the market prices for lithium may not remain at current
levels; and the market for electric vehicles and other large format batteries currently has limited market share and no assurances can
be given for the rate at which this market will develop, if at all, which could affect the success of the Company and its ability to
develop lithium operations. There can be no assurance that such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
information. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of
new information, future events or otherwise, except as required by law. For more information on the risks, uncertainties and assumptions
that could cause our actual results to differ from current expectations, please refer to the current annual information form of the Company
and other public filings available under the Company’s profile at www.sedarplus.com.
Neither the
TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.
Figure 1:
Income Statement Summary
| | |
Three Months Ended
Mar. 31, 2024 | | |
Three Months Ended
Mar. 31, 2024 | |
| ($000) | |
CAD | | |
USD | |
| Revenue | |
| 50,408 | | |
| 37,202 | |
| Operating costs | |
| (38,722 | ) | |
| (28,642 | ) |
| Gross profit | |
| 11,686 | | |
| 8,560 | |
| G&A expense | |
| (5,882 | ) | |
| (4,363 | ) |
| Sales expense | |
| (1,166 | ) | |
| (861 | ) |
| Stock-based compensation | |
| (3,066 | ) | |
| (2,266 | ) |
| ESG and other operating expenses | |
| (1,887 | ) | |
| (1,400 | ) |
| EBIT | |
| (315 | ) | |
| (329 | ) |
| Financial income and FX (expenses), net | |
| (9,614 | ) | |
| (7,104 | ) |
| Income (loss) before taxes | |
| (9,929 | ) | |
| (7,433 | ) |
| Income taxes and social contribution | |
| 585 | | |
| 471 | |
| Net Income (loss) for the period | |
| (9,344 | ) | |
| (6,962 | ) |
| | |
| | | |
| | |
| Weighted avg diluted shares outstanding | |
| 110,460,681 | | |
| 110,460,681 | |
| | |
| | | |
| | |
| Earnings per share | |
$ | (0.08 | ) | |
$ | (0.06 | ) |
Figure 2:
Balance Sheet Summary
| | |
Three Months Ended
Mar. 31, 2024 | | |
Twelve
Months Ended
Dec. 31 2023 | | |
Three Months
Ended Mar. 31,
2024 | | |
Twelve
Months Ended
Dec. 31 2023 | |
| ($000) | |
CAD | | |
CAD | | |
USD | | |
USD | |
| Assets | |
| | | |
| | | |
| | | |
| | |
| Cash and cash equivalents | |
| 146,393 | | |
| 64,403 | | |
| 108,191 | | |
| 48,584 | |
| Trade accounts receivable | |
| 39,276 | | |
| 29,693 | | |
| 29,027 | | |
| 22,400 | |
| Other current assets | |
| 51,114 | | |
| 48,580 | | |
| 37,776 | | |
| 36,647 | |
| Total current assets | |
| 236,783 | | |
| 142,676 | | |
| 174,993 | | |
| 107,631 | |
| Property, plant and equipment | |
| 236,824 | | |
| 239,742 | | |
| 175,023 | | |
| 180,856 | |
| Other non-current assets | |
| 107,613 | | |
| 104,820 | | |
| 79,530 | | |
| 79,074 | |
| Total Assets | |
| 581,220 | | |
| 487,238 | | |
| 429,546 | | |
| 367,561 | |
| | |
| | | |
| | | |
| | | |
| | |
| Liabilities & Shareholder Equity | |
| | | |
| | | |
| | | |
| | |
| Financing and export prepayment | |
| 127,149 | | |
| 28,907 | | |
| 93,968 | | |
| 21,807 | |
| Accounts payable | |
| 62,918 | | |
| 59,826 | | |
| 46,499 | | |
| 45,131 | |
| Other current liabilities | |
| 32,047 | | |
| 33,640 | | |
| 23,691 | | |
| 25,377 | |
| Total current liabilities | |
| 222,114 | | |
| 122,373 | | |
| 164,159 | | |
| 92,315 | |
| Financing and export prepayment | |
| 145,488 | | |
| 141,999 | | |
| 107,522 | | |
| 107,121 | |
| Other non-current liabilities | |
| 8,344 | | |
| 8,582 | | |
| 6,167 | | |
| 6,474 | |
| Total non-current liabilities | |
| 153,832 | | |
| 150,581 | | |
| 113,689 | | |
| 113,595 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total shareholders' equity | |
| 205,274 | | |
| 214,284 | | |
| 151,699 | | |
| 161,651 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total Liabilities & Shareholders' Equity | |
| 581,220 | | |
| 487,238 | | |
| 429,546 | | |
| 367,561 | |
Figure 3:
Cash Flow Statement Summary
| | |
Three Months Ended
Mar. 31, 2024 | | |
Three Months Ended
Mar. 31, 2024 | |
| ($000) | |
CAD | | |
USD | |
| Operating Activities | |
| | | |
| | |
| Net income (loss) for the period | |
| (9,344 | ) | |
| (6,962 | ) |
| Adjustments | |
| 20,487 | | |
| 15,261 | |
| Interest payment on loans and leases | |
| (15,194 | ) | |
| (11,266 | ) |
| Adjustments to income (loss) for the period | |
| (4,051 | ) | |
| (2,967 | ) |
| Change in working capital | |
| (11,341 | ) | |
| (8,449 | ) |
| Net Cash from Operating Activities | |
| (15,392 | ) | |
| (11,416 | ) |
| | |
| | | |
| | |
| Investing Activities | |
| | | |
| | |
| Purchase of PPE | |
| (5,303 | ) | |
| (3,952 | ) |
| Addition to exploration and evaluation assets | |
| (2,248 | ) | |
| (1,667 | ) |
| Other | |
| (55 | ) | |
| (41 | ) |
| Net Cash from Investing Activities | |
| (7,606 | ) | |
| (5,660 | ) |
| | |
| | | |
| | |
| Financing Activities | |
| | | |
| | |
| Proceeds of loans, net | |
| 106,862 | | |
| 79,237 | |
| Other | |
| (846 | ) | |
| (627 | ) |
| Net Cash from Financing Activities | |
| 106,016 | | |
| 78,610 | |
| | |
| | | |
| | |
| Effect of FX | |
| (1,028 | ) | |
| (1,927 | ) |
| Net (decrease) increase in cash | |
| 81,990 | | |
| 59,607 | |
| Cash & Equivalents, Beg of Period | |
| 64,403 | | |
| 48,584 | |
| Cash & Equivalents, End of Period | |
| 146,393 | | |
| 108,191 | |
Endnotes:
| (1) | Cash
Operating Costs per tonne include mining, crushing, processing, and site administration expenses.
When shown as Freight on Board (FOB), these expenses include transport and port charges.
For clarity, non-site G&A, and royalty costs are excluded unless otherwise noted. |
| (2) | Adjusted
EBITDA represents a cash operating profit metric that nets revenues against cost of goods
sold, selling, general, administrative and other cash operating expenses. Adjusted EBITDA
also excludes stock-based compensation and certain non-recurring expenses, such as those
related to the Company’s strategic review. |
| (3) | Pro
forma Adjusted EBITDA utilizes the same formula as Adjusted EBITDA, though it backs out the
implications of the provisional price adjustment to associated revenues and costs. The Company
believes this is a more accurate reflection of business conducted within the quarter. |
Reconciliation
To
provide investors and others with additional information regarding the financial results of Sigma Lithium, we have disclosed in this
release certain non-IFRS operating performance measures of EBITDA, EBITDA margin, Adjusted EBITDA, and Adjusted EBITDA margin. These
non-IFRS financial measures are a supplement to and not a substitute for or superior to, the Company's results presented in accordance
with IFRS. The non-IFRS financial measures presented by the Company may be different from non-GAAP/IFRS financial measures presented
by other companies. Specifically, the Company believes the non-IFRS information provides useful measures to investors regarding the Company's
financial performance by excluding certain costs and expenses that the Company believes are not indicative of its core operating results.
The presentation of these non-U.S. GAAP/IFRS financial measures is not meant to be considered in isolation or as a substitute for results
or guidance prepared and presented in accordance with U.S. GAAP/IFRS. A reconciliation of these financial measures to IFRS results
is included herein.
Figure 4:
Adjusted EBITDA Bridge
| | |
Three Months Ended
Mar. 31, 2024 | | |
Three Months Ended
Mar. 31, 2024 | |
| ($ 000) | |
CAD | | |
USD | |
| Revenues | |
| 50,408 | | |
| 37,202 | |
| Cost of goods sold | |
| (38,722 | ) | |
| (28,642 | ) |
| Gross Profit | |
| 11,686 | | |
| 8,560 | |
| G&A expense | |
| (5,882 | ) | |
| (4,363 | ) |
| Sales expenses | |
| (1,166 | ) | |
| (861 | ) |
| Stock-based compensation | |
| (3,066 | ) | |
| (2,266 | ) |
| ESG & other operating expenses, net | |
| (1,887 | ) | |
| (1,400 | ) |
| EBIT | |
| (315 | ) | |
| (329 | ) |
| Depreciation & Amortization | |
| 4,622 | | |
| 3,443 | |
| EBITDA | |
| 4,307 | | |
| 3,114 | |
| EBITDA (%) | |
| 8.5 | % | |
| 8.4 | % |
| Non-recurring expenses | |
| 678 | | |
| 499 | |
| Accounting Services | |
| 443 | | |
| 324 | |
| Other G&A | |
| 235 | | |
| 174 | |
| Stock-based compensation | |
| 3,066 | | |
| 2,266 | |
| Adjusted EBITDA | |
| 8,051 | | |
| 5,878 | |
| Adjusted EBITDA (%) | |
| 16.0 | % | |
| 15.8 | % |
Grafico Azioni Sigma Lithium (NASDAQ:SGML)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Sigma Lithium (NASDAQ:SGML)
Storico
Da Nov 2023 a Nov 2024
