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Sigma Lithium (TSXV:SGML) Gross Profit : C$82.7 Mil (TTM As of Sep. 2023)


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What is Sigma Lithium Gross Profit?

Sigma Lithium's gross profit for the three months ended in Sep. 2023 was C$82.8 Mil. Sigma Lithium's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was C$82.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sigma Lithium's gross profit for the three months ended in Sep. 2023 was C$82.8 Mil. Sigma Lithium's Revenue for the three months ended in Sep. 2023 was C$129.9 Mil. Therefore, Sigma Lithium's Gross Margin % for the quarter that ended in Sep. 2023 was 63.75%.

Sigma Lithium had a gross margin of 63.75% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Sigma Lithium was 63.62%. The lowest was 0.00%. And the median was 0.00%.


Sigma Lithium Gross Profit Historical Data

The historical data trend for Sigma Lithium's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sigma Lithium Gross Profit Chart

Sigma Lithium Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.07 -0.06 -0.06 -0.10

Sigma Lithium Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.10 -0.03 -0.04 82.83

Competitive Comparison of Sigma Lithium's Gross Profit

For the Other Industrial Metals & Mining subindustry, Sigma Lithium's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sigma Lithium's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sigma Lithium's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sigma Lithium's Gross Profit falls into.



Sigma Lithium Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Sigma Lithium's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=0 - 0.102
=-0.1

Sigma Lithium's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=129.925 - 47.096
=82.8

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$82.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Sigma Lithium's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=82.8 / 129.925
=63.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Sigma Lithium  (TSXV:SGML) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Sigma Lithium had a gross margin of 63.75% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Sigma Lithium Gross Profit Related Terms

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Sigma Lithium (TSXV:SGML) Business Description

Traded in Other Exchanges
Address
Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200
Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the largest and highest-grade hard rock lithium spodumene deposits in the Americas. It is committed to strong ESG practices and is aiming to be net zero emissions by 2024. Its green-friendly processing plant will use 100% renewable energy, 100% recycled water and 100% dry-stack tailings.

Sigma Lithium (TSXV:SGML) Headlines

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