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Sigma Lithium (SGML) investor relations material
Sigma Lithium Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 disruptions reduced sales and production; operations resumed October 6 after an appellate ruling upheld environmental licenses.
Nine-month net sales rose 18.7% to $110.564M, with $51.332M operating cash flow and $35.747M Adjusted EBITDA.
A $125M convertible bond offering and production plans support a 330kt FY2027 target and capacity expansion toward 830kt/year by 2028.
Financial highlights
Q3 net sales were $13.522M versus $28.549M YoY; net loss was $25.880M, while gross profit was $4.255M.
Nine-month net sales were $110.564M versus $93.109M YoY; gross profit was $62.630M and net loss was $17.388M.
Operating cash flow was $24.2M in Q3 and $51.332M for 9M, versus $1.6M and negative $6.566M in the prior-year periods.
Q3 net revenue margin was 31.5%; 9M net revenue margin was 56.6%, and Adjusted EBITDA was $35.747M, a 32% margin.
Plant-gate cost was $424/t, CIF cash cost $518/t and Q3 AISC $642/t; AISC is pro forma, with SG&A spread over 60kt of quarterly volume.
Outlook and guidance
Production targets are 240kt over the next 12 months and 330kt in FY2027; Plant 1 FY2027 cash-flow estimates range from $125M to $290M at SC6 prices of $1,000–$1,500/t.
Plant 2 construction is planned to resume in 2027, targeting 580kt/year capacity; Plant 3 is planned by 2028, taking capacity to 830kt/year.
Q4 priorities include catching up overburden removal, coordinating pit development and fleet deployment, and improving plant stability and throughput.
FY2027 AISC guidance is $620/t, versus $668/t for 2026.
- Court-backed restart and 330kt FY27 guidance anchor the recovery outlook.SGML
Investor update - Record Q2 2026: $55M revenue, 60% margin, 52% production growth, and major debt reduction.SGML
Q2 2026 - All motions passed, directors elected, and auditors reappointed; Q&A session followed.SGML
AGM 2026 - Record margins, cash flow, and debt reduction in Q1 2026, with major expansion underway.SGML
Q1 2026 - Revenue up 69% QoQ, margins and cash rise, debt reduced, and production ramp-up set for 2026.SGML
Q3 2025 - Production up 38–40% YoY, costs down, revenue fell 62% amid strategic sales reduction.SGML
Q2 2025 - Doubling and tripling capacity by 2027, targeting 125,000 tons LCE with top ESG and low-cost leadership.SGML
Investor Day 2024 - Production exceeded targets, costs stayed low, and expansion is fully funded for future growth.SGML
Q3 2024 - 22% lower unit cash costs, 29% EBITDA margin, and robust liquidity support phase II expansion.SGML
Q2 2024
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Next Sigma Lithium earnings date
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