Sigma Lithium (TSXV:SGML) Gross Margin % : 32.59% (As of Dec. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Sigma Lithium Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sigma Lithium's Gross Profit for the three months ended in Dec. 2024 was C$21.9 Mil. Sigma Lithium's Revenue for the three months ended in Dec. 2024 was C$67.2 Mil. Therefore, Sigma Lithium's Gross Margin % for the quarter that ended in Dec. 2024 was 32.59%.

The historical rank and industry rank for Sigma Lithium's Gross Margin % or its related term are showing as below:

TSXV:SGML' s Gross Margin % Range Over the Past 10 Years
Min: 21.21 Med: 35.13 Max: 49.05
Current: 21.21

During the past 13 years, the highest Gross Margin % of Sigma Lithium was 49.05%. The lowest was 21.21%. And the median was 35.13%.

TSXV:SGML's Gross Margin % is ranked worse than
52.1% of 691 companies
in the Metals & Mining industry
Industry Median: 22.19 vs TSXV:SGML: 21.21

Sigma Lithium had a gross margin of 32.59% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Sigma Lithium was 0.00% per year.

Sigma Lithium Gross Margin % Historical Data

The historical data trend for Sigma Lithium's Gross Margin % 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 Margin % Chart

Sigma Lithium Annual Data

Trend

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Margin %

Get a 7-Day Free Trial

49.05

21.21

Sigma Lithium Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Margin %	Get a 7-Day Free Trial															11.83	23.18	35.23	-40.52	32.59

Competitive Comparison of Sigma Lithium's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Sigma Lithium's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Margin % Distribution in the Metals & Mining Industry

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

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

Save Embed

;

Save Embed

;

Sigma Lithium Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Sigma Lithium's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )	=	Gross Profit (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	44.3	/	208.747
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(208.747 - 164.473)	/	208.747
	=	21.21 %

Sigma Lithium's Gross Margin for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	21.9	/	67.206
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(67.206 - 45.306)	/	67.206
	=	32.59 %

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 Margin % 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 32.59% for the quarter that ended in Dec. 2024 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Sigma Lithium Gross Margin % Related Terms

Thank you for viewing the detailed overview of Sigma Lithium's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sigma Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sigma Lithium Corp (TSXV:SGML) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

SGML:USA S2GM34:Brazil

Address

Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200

Website

https://www.sigmalithiumresources.com

Sigma Lithium Corp together with its direct and indirect subsidiaries, is a commercial producer of lithium concentrate. It holds a 100% interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara, and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the State of Minas Gerais, Brazil.

Executives

Calvyn Gardner	10% Security Holder, Director, Senior Officer
Frederico Marques	Director
George Wesley Roberts	Deemed Insider - 6 Months before becoming Insider