Sigma Lithium vs Energy Fuels
Sigma Lithium is the larger business, with $110m of revenue in fiscal 2025 against $65.9m for Energy Fuels (1.7 times as much). Energy Fuels grew faster (-15.6% against -27.3%). Sigma Lithium kept more of each dollar of sales as profit: a net margin of -45.6% against -129.9%. Energy Fuels carries less debt relative to equity (103.2% against 248.2%).
| Latest fiscal year | Sigma LithiumSGML, 2025 | Energy FuelsUUUU, 2025 |
|---|---|---|
| Revenue | $110m | $65.9m |
| Revenue growth | -27.3% | -15.6% |
| Net income | −$50.2m | −$85.6m |
| Operating margin | -38.6% | -153.4% |
| Net margin | -45.6% | -129.9% |
| Return on equity | -67.4% | -14.2% |
| Free cash flow | −$7.4m | −$109m |
| Cash | $6.2m | $64.7m |
| Total debt | $141m | $700m |
| Debt to equity | 248.2% | 103.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 1,069 |
| Market value | $612m | $1.81bn |
| Price vs our value range | — | — |
| Moat score | — | 16 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 2 buys, 24 sales |