SIGMA LITHIUM REPORTS 1Q25 RESULTS: STRONG MARGINS, COST OUTPERFORMANCE AND PRODUCTION ABOVE TARGET

Sigma Lithium Corp delivered robust first quarter 2025 financial and operational results, demonstrating the company's ability to maintain profitability in the current lithium market environment. The company reported net income of $4.7 million or $0.04 per share, supported by strong operational efficiency and cost management.

The operational performance was particularly noteworthy, with lithium concentrate production exceeding 68,300 tonnes, representing a substantial 26% increase compared to the same period in the previous year. This production achievement met the company's quarterly targets and underscores the operational maturity of its lithium operations. The strong production volumes were complemented by impressive margin performance across key metrics.

Financially, Sigma Lithium demonstrated robust profitability with a cash gross margin of 35% and an EBITDA margin of 21%. The adjusted EBITDA margin reached 24%, reflecting the company's ability to generate strong cash flows from operations. These margin levels indicate effective cost control and operational efficiency in a challenging commodity price environment.

The results position Sigma Lithium favorably within the lithium sector, particularly as the company demonstrates its ability to maintain profitability and production growth. The strong operational performance and cost outperformance suggest the company is well-positioned to capitalize on future lithium market recovery while maintaining operational discipline during current market conditions.