28M 55%
Total Revenue QoQ (NONE) - Q3 '24

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Income Statement (NONE)

Q3 '24 QoQ
Revenue 28M 55%
Gross Profit -11M 153%
Cost of Revenue 40M 3.7%
Operating expense -11M 221.4%
Net Income -34M 131.1%
EBITDA -21M 229.2%

Balance Sheet (NONE)

Q3 '24 QoQ
Total Assets 498M 12%
Total Liabilities 351M 9.9%
Total Equity 148M 16.8%
Shares Outstanding 155M 40.1%

Cash Flow (NONE)

Q3 '24 QoQ
Cash from operations 48M 218.9%
Cash from financing -57M 387.4%

Financial Highlights for Sigma Lithium in Q3 '24

Sigma Lithium reported a revenue of 28M, which is a -55% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.

Gross Profit stood at -11M, marking a -153% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 40M, a -3.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were -11M, showing a -221.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was -34M, showing a -131.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was -21M, showing a -229.2% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

Sigma Lithium faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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