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Sigma Lithium (TSXV:SGML) Pretax Margin % : -19.70% (As of Mar. 2024)


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What is Sigma Lithium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Sigma Lithium's Pre-Tax Income for the three months ended in Mar. 2024 was C$-9.9 Mil. Sigma Lithium's Revenue for the three months ended in Mar. 2024 was C$50.4 Mil. Therefore, Sigma Lithium's pretax margin for the quarter that ended in Mar. 2024 was -19.70%.

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

TSXV:SGML' s Pretax Margin % Range Over the Past 10 Years
Min: -17.4   Med: -17.4   Max: -5.01
Current: -5.01


TSXV:SGML's Pretax Margin % is ranked worse than
56.48% of 857 companies
in the Metals & Mining industry
Industry Median: 0.54 vs TSXV:SGML: -5.01

Sigma Lithium Pretax Margin % Historical Data

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

Sigma Lithium Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -17.40

Sigma Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 - - 43.13 -25.67 -19.70

Competitive Comparison of Sigma Lithium's Pretax Margin %

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

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

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



Sigma Lithium Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Sigma Lithium's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-31.527/181.231
=-17.40 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-9.929/50.408
=-19.70 %

* 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.


Sigma Lithium  (TSXV:SGML) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Sigma Lithium Pretax Margin % 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