Sigma Lithium Misses Q4 Revenue Expectations But Delivers 127% Growth Sequentially

Sigma Lithium Corporation (NASDAQ:SGML) reported fourth-quarter revenue of C$67.206 million, missing the consensus of C$73.025 million.

In USD, total revenues of $47.3 million for the quarter rose 127% sequentially. EPS loss was $0.08 for the quarter.

After upgrading the Greentech Plant with a new ultrafine circuit, the company became more efficient and boosted production by 28% in the quarter, reaching 77,034 tonnes. Sigma Lithium sold 73,900 tonnes of its Quintuple Zero Green Lithium concentrate.

By December 31, 2024, short-term debt increased to $60.3 million, with total debt reaching $173.6 million.

In the quarter, the company significantly reduced costs ...