How did Sigma Lithium's revenue and expenses shift in Q4 2024 compared to previous quarters?
4/14/2025 01:24pm
Sigma Lithium's revenue and expenses in Q4 2024 showed a significant increase in total expenses and a slight decrease in total revenue compared to the previous quarter, Q3 2024.
1. **Total Expenses**:
- Q3 2024: $45.93 million
- Q4 2024: $46.67 million
- The increase of $0.74 million, or approximately 1.6%, indicates a rise in operational costs during the quarter.
2. **Total Revenue**:
- Q3 2024: $20.93 million
- Q4 2024: $37.23 million
- The increase of $16.3 million, or approximately 78.5%, suggests a substantial improvement in revenue generation during the quarter.
Overall, Sigma Lithium experienced a notable rise in expenses and an even more significant increase in revenue in Q4 2024, which could be indicative of improved operational efficiency or strategic market positioning.
|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|SGML|SGML.O|Sigma Lithium|2024 Q1|3.722895139552E7||186|
|SGML|SGML.O|Sigma Lithium|2024 Q2|4.593466800279E7||186|
|SGML|SGML.O|Sigma Lithium|2024 Q3|2.092739261925E7||186|
|SGML|SGML.O|Sigma Lithium|2024 Q4|4.667152747908E7||186|