Largo Inc.(LGO)Earnings, Financials & Key Ratios
LGO•NASDAQ
$1.24
$104M mkt cap·Price updated May 6, 2026
SectorBasic MaterialsIndustryIndustrial MaterialsSub-IndustryBattery Materials (Lithium, Graphite, Rare Earths)
AboutLargo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. The company operates in five segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company offers renewable energy solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.Show more
- Revenue$125M-37.1%
- EBITDA-$18M-235.7%
- Net Income-$50M-64.2%
- EPS (Diluted)-0.78-66.0%
- Gross Margin-16.73%-238.9%
- EBITDA Margin-14.09%-315.8%
- Operating Margin-37.05%-352.2%
- Net Margin-39.89%-161.2%
- ROE-23.41%-104.1%
- ROIC-15.29%-244.1%
- Debt/Equity0.10-65.8%
- Interest Coverage-4.89-189.4%
LGO Key Insights
Largo Inc. (LGO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 0.5x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
LGO Price & Volume
Largo Inc. (LGO) stock price & volume — 10-year historical chart
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LGO Growth Metrics
Largo Inc. (LGO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-1.75%
3 Years-14.27%
TTM-22.74%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-31.3%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-30.25%
Return on Capital
10 Years9.6%
5 Years-0.53%
3 Years-5.37%
Last Year-16.57%
LGO Recent Earnings
Largo Inc. (LGO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 1/12 qtrs (8%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
Apr 1, 2026EPS
$0.18
Est $0.09
-100.0%
Revenue
$22M
Est $22M
+0.0%
Q2 2026
Mar 31, 2026EPS
$0.18
Est $0.09
-100.0%
Revenue
$22M
Est $22M
+0.0%
Q4 2025
Nov 12, 2025EPS
$0.16
Est $0.08
-100.0%
Revenue
$33M
Q3 2025
Aug 12, 2025EPS
$0.09
Est $0.08
-12.5%
Revenue
$19M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 1, 2026 | $0.18vs $0.09-100.0% | $22Mvs $22M+0.0% |
| Q2 2026 | Mar 31, 2026 | $0.18vs $0.09-100.0% | $22Mvs $22M+0.0% |
| Q4 2025 | Nov 12, 2025 | $0.16vs $0.08-100.0% | $33M |
| Q3 2025 | Aug 12, 2025 | $0.09vs $0.08-12.5% | $19M |
Based on last 12 quarters of dataView full earnings history →
LGO Peer Comparison
Largo Inc. (LGO) competitors in Battery Materials (Lithium, Graphite, Rare Earths) — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 UAMY | 1.77B | 12.61 | -315.25 | 162.81% | -11.05% | -6.14% | 0.00 | |
 NB | 772.96M | 6.40 | -17.78 | -18% | 0.00 | |||
 MP | 12.91B | 72.65 | -145.30 | 35.12% | -31.18% | -5.04% | 0.44 | |
 SLI | 960.26M | 4.03 | 6.68 | 68.23% | 0.00 | |||
 FLUX | 28.38M | 1.33 | -3.33 | 9.22% | -8.36% | -67.4% | ||
 STEM | 91.07M | 10.69 | -1.16 | 8.08% | 94.16% | |||
 NRGV | 728.22M | 4.21 | -6.48 | 340.86% | -52.97% | -146.8% | 1.07 | |
 BE | 68.63B | 285.47 | -771.54 | 37.33% | 0.25% | 0.79% | 3.77 |
Compare LGO vs Peers
Largo Inc. (LGO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LGO Income Statement
Largo Inc. (LGO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 60.44M | 133.38M | 382.82M | 136.48M | 119.99M | 198.28M | 229.25M | 198.68M | 124.92M | 111.88M |
| Revenue Growth % | 1003.52% | 120.69% | 187.02% | -64.35% | -12.08% | 65.25% | 15.62% | -13.33% | -37.13% | -22.74% |
| Cost of Goods Sold | 84.2M | 95.75M | 99.66M | 120.69M | 88.39M | 133.01M | 169.72M | 174.76M | 145.82M | 137.04M |
| COGS % of Revenue | 139.32% | 71.79% | 26.03% | 88.43% | 73.67% | 67.08% | 74.03% | 87.96% | 116.73% | - |
| Gross Profit | -23.76M▲ 0% | 37.63M▲ 258.4% | 283.16M▲ 652.5% | 15.79M▼ 94.4% | 31.6M▲ 100.2% | 65.27M▲ 106.6% | 59.53M▼ 8.8% | 23.93M▼ 59.8% | -20.9M▼ 187.3% | -25.16M▲ 0% |
| Gross Margin % | -39.32% | 28.21% | 73.97% | 11.57% | 26.33% | 32.92% | 25.97% | 12.04% | -16.73% | -22.49% |
| Gross Profit Growth % | -51.43% | 258.36% | 652.46% | -94.43% | 100.16% | 106.57% | -8.79% | -59.81% | -187.34% | - |
| Operating Expenses | 9.95M | 10.79M | 15.54M | 25.32M | 31.6M | 28.56M | 43.84M | 40.2M | 25.38M | 15.6M |
| OpEx % of Revenue | 16.47% | 8.09% | 4.06% | 18.55% | 26.33% | 14.4% | 19.13% | 20.23% | 20.32% | - |
| Selling, General & Admin | 9.88M | 10.78M | 14.67M | 25.32M | 12.31M | 25.48M | 41.97M | 34.5M | 23.05M | 15.16M |
| SG&A % of Revenue | 16.35% | 8.08% | 3.83% | 18.55% | 10.26% | 12.85% | 18.31% | 17.36% | 18.45% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 72.91K | 10.34K | 871.49K | 0 | 19.28M | 3.07M | 1.88M | 5.71M | 2.33M | 438K |
| Operating Income | -33.71M▲ 0% | 26.85M▲ 179.6% | 267.62M▲ 896.9% | -9.54M▼ 103.6% | 0▲ 100.0% | 36.71M▲ 0% | 15.69M▼ 57.3% | -16.28M▼ 203.8% | -46.28M▼ 184.3% | -40.76M▲ 0% |
| Operating Margin % | -55.79% | 20.13% | 69.91% | -6.99% | - | 18.52% | 6.84% | -8.19% | -37.05% | -36.43% |
| Operating Income Growth % | -35.65% | 179.62% | 896.89% | -103.56% | 100% | - | -57.27% | -203.76% | -184.33% | - |
| EBITDA | -8.63M | 53.27M | 290.41M | 30.41M | 26.53M | 59.23M | 38.97M | 12.97M | -17.61M | -17.25M |
| EBITDA Margin % | -14.28% | 39.94% | 75.86% | 22.28% | 22.11% | 29.87% | 17% | 6.53% | -14.09% | -15.42% |
| EBITDA Growth % | 54.16% | 717.1% | 445.19% | -89.53% | -12.75% | 123.25% | -34.21% | -66.71% | -235.7% | 12.04% |
| D&A (Non-Cash Add-back) | 25.08M | 26.42M | 22.79M | 39.94M | 17.51M | 22.51M | 23.28M | 29.25M | 28.68M | 23.5M |
| EBIT | -15.15M | 24.15M | 266.03M | -20.25M | 9.02M | 32.89M | 5.68M | -25.43M | -61.78M | -37.33M |
| Net Interest Income | -32.19M | -36.86M | -28.48M | -8.78M | -151K | -725K | -537K | -7.61M | -7.94M | -11.21M |
| Interest Income | 0 | 0 | 659.31K | 4.91M | 1.15M | 403K | 1.11M | 2.02M | 1.52M | 286.18K |
| Interest Expense | 32.19M | 36.86M | 29.14M | 13.69M | 1.3M | 1.13M | 1.65M | 9.63M | 9.46M | 11.5M |
| Other Income/Expense | -7.67M | -34.03M | -30.73M | -20.97M | 7.72M | -4.96M | -11.65M | -18.78M | -24.96M | -8.12M |
| Pretax Income | -41.39M▲ 0% | -7.18M▲ 82.6% | 236.89M▲ 3397.1% | -30.51M▼ 112.9% | 7.72M▲ 125.3% | 31.76M▲ 311.2% | 4.04M▼ 87.3% | -35.06M▼ 967.9% | -71.25M▼ 103.2% | -48.87M▲ 0% |
| Pretax Margin % | -68.48% | -5.39% | 61.88% | -22.35% | 6.44% | 16.02% | 1.76% | -17.64% | -57.03% | -43.68% |
| Income Tax | 0 | 1.1M | 4.92M | 4.51M | 962K | 9.19M | 6.26M | -2.7M | -20.68M | 15.69M |
| Effective Tax Rate % | 0% | -15.26% | 2.08% | -14.8% | 12.46% | 28.93% | 155.11% | 7.7% | 29.03% | -32.11% |
| Net Income | -41.39M▲ 0% | -8.28M▲ 80.0% | 231.97M▲ 2901.1% | -35.02M▼ 115.1% | 6.76M▲ 119.3% | 22.57M▲ 233.8% | -1.45M▼ 106.4% | -30.34M▼ 1991.2% | -49.83M▼ 64.2% | -64.15M▲ 0% |
| Net Margin % | -68.48% | -6.21% | 60.6% | -25.66% | 5.63% | 11.38% | -0.63% | -15.27% | -39.89% | -57.33% |
| Net Income Growth % | 55.81% | 79.99% | 2901.11% | -115.1% | 119.31% | 233.84% | -106.43% | -1991.18% | -64.22% | -31.3% |
| Net Income (Continuing) | -41.39M | -8.28M | 231.97M | -35.02M | 6.76M | 22.57M | -2.23M | -32.36M | -50.56M | -64.56M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 9.16M | 7.11M | 6.41M | 6.06M |
| EPS (Diluted) | -1.07▲ 0% | -0.18▲ 83.2% | 3.61▲ 2105.6% | -0.52▼ 114.4% | 0.12▲ 123.1% | 0.34▲ 183.3% | -0.03▼ 110.1% | -0.47▼ 1262.3% | -0.78▼ 66.0% | -1.00▲ 0% |
| EPS Growth % | 80.89% | 83.18% | 2105.56% | -114.4% | 123.08% | 183.33% | -110.15% | -1262.32% | -65.96% | -30.25% |
| EPS (Basic) | -1.07 | -0.18 | 3.61 | -0.52 | 0.13 | 0.35 | -0.03 | -0.47 | -0.78 | - |
| Diluted Shares Outstanding | 38.7M | 46.8M | 64.23M | 53.5M | 61.36M | 65.05M | 64.45M | 64.04M | 64.11M | 64.13M |
| Basic Shares Outstanding | 38.7M | 46.8M | 64.23M | 53.5M | 56.4M | 64.05M | 64.45M | 64.04M | 64.11M | 64.13M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
LGO Balance Sheet
Largo Inc. (LGO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 23.96M | 70.85M | 210.34M | 157.31M | 137.3M | 159.98M | 154.14M | 136.42M | 93.29M | 77.67M |
| Cash & Short-Term Investments | 563.95K | 43.52M | 151.38M | 128.15M | 79.14M | 83.79M | 54.47M | 43.2M | 22.11M | 8.22M |
| Cash Only | 563.95K | 43.52M | 151.38M | 128.15M | 79.14M | 83.79M | 54.47M | 43.2M | 22.11M | 8.22M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 12.88M | 8.91M | 45.93M | 6.18M | 19.1M | 23.68M | 20.98M | 25.47M | 9.74M | 18.66M |
| Days Sales Outstanding | 77.78 | 24.39 | 43.79 | 16.54 | 58.09 | 43.6 | 33.4 | 46.79 | 28.45 | 51.79 |
| Inventory | 8.22M | 10.94M | 10.55M | 21.34M | 35.34M | 45.32M | 64.22M | 61.25M | 47.54M | 45.86M |
| Days Inventory Outstanding | 35.65 | 41.71 | 38.64 | 64.53 | 145.92 | 124.37 | 138.11 | 127.93 | 118.99 | 114.23 |
| Other Current Assets | 1.88M | 3.33M | 15K | 0 | 0 | 448K | 470K | 0 | 8.15M | 0 |
| Total Non-Current Assets | 238.88M | 224.43M | 195.54M | 214.41M | 160.51M | 153.93M | 201.61M | 259.97M | 225.38M | 244.32M |
| Property, Plant & Equipment | 238.88M | 224.43M | 181.68M | 191.51M | 148.97M | 146.66M | 175.24M | 211.09M | 170.65M | 202.67M |
| Fixed Asset Turnover | 0.25x | 0.59x | 2.11x | 0.71x | 0.81x | 1.35x | 1.31x | 0.94x | 0.73x | 0.59x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 4.37M | 3.93M | 7.26M | 6.12M | 2.25M | 1.62M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 190.42M | 0 | 0 | 101.57K | 25.58M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | -190.42M | 14.51M | 18.58M | 30.3M | 120.28M |
| Total Assets | 262.85M▲ 0% | 295.28M▲ 12.3% | 405.88M▲ 37.5% | 371.72M▼ 8.4% | 297.81M▼ 19.9% | 313.91M▲ 5.4% | 355.75M▲ 13.3% | 396.39M▲ 11.4% | 318.67M▼ 19.6% | 321.99M▲ 0% |
| Asset Turnover | 0.23x | 0.45x | 0.94x | 0.37x | 0.40x | 0.63x | 0.64x | 0.50x | 0.39x | 0.34x |
| Asset Growth % | 15.52% | 12.34% | 37.46% | -8.42% | -19.88% | 5.41% | 13.33% | 11.42% | -19.61% | -82.75% |
| Total Current Liabilities | 70M | 97.16M | 111.03M | 78.64M | 44.35M | 41.67M | 38.97M | 42.24M | 114.26M | 156.5M |
| Accounts Payable | 18.48M | 16.65M | 17.7M | 75.46M | 12.29M | 14.05M | 26.62M | 31.28M | 21.65M | 28.18M |
| Days Payables Outstanding | 80.12 | 63.46 | 64.82 | 228.19 | 50.75 | 38.56 | 57.25 | 65.33 | 54.19 | 51.85 |
| Short-Term Debt | 36.78M | 58.17M | 86.16M | 0 | 24.79M | 15M | 4M | 596.93K | 0 | 95.91M |
| Deferred Revenue (Current) | 241.8K | 431.01K | 3.85M | 0 | 3.22M | 5.47M | 1.7M | 3.53M | 3.89M | 12.98M |
| Other Current Liabilities | 24.09M | 25.39M | 306.9K | 3.18M | 368K | 913K | 6.07M | 6.83M | 88.72M | 29.5M |
| Current Ratio | 0.34x | 0.73x | 1.89x | 2.00x | 3.10x | 3.84x | 3.96x | 3.23x | 0.82x | 0.82x |
| Quick Ratio | 0.22x | 0.62x | 1.80x | 1.73x | 2.30x | 2.75x | 2.31x | 1.78x | 0.40x | 0.40x |
| Cash Conversion Cycle | 33.31 | 2.63 | 17.62 | -147.12 | 153.27 | 129.41 | 114.26 | 109.38 | 93.25 | 114.17 |
| Total Non-Current Liabilities | 172.89M | 138.99M | 6.51M | 19.65M | 6.29M | 6.54M | 42.22M | 99.66M | 45.3M | 29.34M |
| Long-Term Debt | 168.77M | 133.48M | 0 | 0 | 0 | 0 | 36M | 74.62M | 17.49M | 9.99M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 1.99M | 1.47M | 920.27K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 12.27M | 0 | 13.82M | 12.96M | 16.72M | 0 | 12.14M |
| Other Non-Current Liabilities | 4.13M | 5.51M | 6.51M | 7.38M | 6.29M | 4.56M | 4.75M | 7.4M | 14.17M | 39.71M |
| Total Liabilities | 242.89M | 236.15M | 117.54M | 98.29M | 50.64M | 48.21M | 81.2M | 141.9M | 147.44M | 185.84M |
| Total Debt | 205.55M | 191.65M | 86.16M | 0 | 24.79M | 17.55M | 42.05M | 76.13M | 17.5M | 105.9M |
| Net Debt | 204.98M | 148.14M | -65.22M | -128.15M | -54.36M | -66.24M | -12.42M | 32.93M | -4.61M | 97.68M |
| Debt / Equity | 10.30x | 3.24x | 0.30x | - | 0.10x | 0.07x | 0.15x | 0.30x | 0.10x | 0.10x |
| Debt / EBITDA | - | 3.60x | 0.30x | - | 0.93x | 0.30x | 1.08x | 5.87x | - | -6.14x |
| Net Debt / EBITDA | - | 2.78x | -0.22x | -4.21x | -2.05x | -1.12x | -0.32x | 2.54x | - | -5.66x |
| Interest Coverage | -1.05x | 0.73x | 9.18x | -0.70x | - | 32.55x | 9.53x | -1.69x | -4.89x | -3.25x |
| Total Equity | 19.96M▲ 0% | 59.13M▲ 196.3% | 288.34M▲ 387.6% | 273.43M▼ 5.2% | 247.16M▼ 9.6% | 265.7M▲ 7.5% | 274.55M▲ 3.3% | 254.49M▼ 7.3% | 171.23M▼ 32.7% | 136.15M▲ 0% |
| Equity Growth % | -15.93% | 196.28% | 387.62% | -5.17% | -9.61% | 7.5% | 3.33% | -7.31% | -32.72% | -151.72% |
| Book Value per Share | 0.52 | 1.26 | 4.49 | 5.11 | 4.03 | 4.08 | 4.26 | 3.97 | 2.67 | 2.12 |
| Total Shareholders' Equity | 19.96M | 59.13M | 288.34M | 273.43M | 247.16M | 265.7M | 265.39M | 247.38M | 164.82M | 130.09M |
| Common Stock | 266.67M | 318.63M | 304.88M | 337.72M | 406.21M | 415.98M | 411.65M | 410.19M | 412.74M | 412.79M |
| Retained Earnings | -255.73M | -275.49M | -21.64M | -49.41M | -71.9M | -49.33M | -48.23M | -77.25M | -126.5M | -176.51M |
| Treasury Stock | -112.7M | -486.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -8.81M | -7.93M | -13.88M | -14.88M | -108.44M | -118.77M | -112.17M | -85.56M | -133.53M | -106.18M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 9.16M | 7.11M | 6.41M | 6.06M |
LGO Cash Flow Statement
Largo Inc. (LGO) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -11.86M | 46.6M | 258.49M | 104.6M | -61.46M | 39.78M | 3.46M | 21.2M | 11.16M | 11.16M |
| Operating CF Margin % | -19.63% | 34.94% | 67.52% | 76.64% | -51.22% | 20.06% | 1.51% | 10.67% | 8.93% | - |
| Operating CF Growth % | -95.45% | 492.88% | 454.72% | -59.54% | -158.76% | 164.72% | -91.3% | 512.63% | -47.36% | 185.01% |
| Net Income | -41.39M | -8.28M | 231.97M | -26.97M | 7.12M | 22.57M | -2.23M | -32.36M | -50.56M | -64.15M |
| Depreciation & Amortization | 25.08M | 26.42M | 22.79M | 23.87M | 18.43M | 22.51M | 23.28M | 29.25M | 28.68M | 23.44M |
| Stock-Based Compensation | 1.68M | 85.09K | 1.48M | 3.55M | 0 | 3.13M | 2.37M | -362K | 1.32M | 350K |
| Deferred Taxes | -19.34M | 3.83M | 4.92M | 3.48M | 866.48K | 9.19M | 6.26M | -2.7M | -20.68M | 15.78M |
| Other Non-Cash Items | 26.24M | 31.33M | 34.84M | 17.7M | -12.52M | -2.04M | -8.27M | 15.5M | 44.48M | 44.42M |
| Working Capital Changes | -4.13M | -6.79M | -37.51M | 82.97M | -75.35M | -15.59M | -17.96M | 11.86M | 7.92M | -11.45M |
| Change in Receivables | -8.69M | 1.27M | -31.86M | 38.85M | -15.14M | -5.45M | 3.57M | -3.86M | 14.1M | -5.26M |
| Change in Inventory | -2.4M | -2.08M | -1.65M | -7.84M | -11.77M | -11.05M | -15.71M | 1.29M | -5.84M | -20.69M |
| Change in Payables | 0 | 0 | 0 | 55.81M | -49.36M | 1.82M | 5.18M | 4.61M | -383K | 15.76M |
| Cash from Investing | -11.58M | -15.43M | -13.94M | -37.95M | -19.06M | -27.4M | -60.15M | -62.88M | -42.23M | -36.83M |
| Capital Expenditures | -11.58M | -15.43M | -13.94M | -37.95M | -19.06M | -27.4M | -45.64M | -53.7M | -42.23M | -37.82M |
| CapEx % of Revenue | 19.16% | 11.57% | 3.64% | 27.8% | 15.89% | 13.82% | 19.91% | 27.03% | 33.8% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -14.51M | -9.18M | 0 | -7.82K |
| Cash from Financing | 29.19M | 13.97M | -130.53M | -85.31M | 30.55M | -6.9M | 26.43M | 29.13M | 12.04M | 5.97M |
| Debt Issued (Net) | 47.19M | -3.79M | -127M | -92.81M | 26.1M | -10.02M | 24.43M | 34.42M | 16.68M | 12.17M |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | -6.09M | 0 | 0 | 0 |
| Other Financing | -25.47M | -21.76M | -10.38M | -2.48M | 0 | -45K | 7.82M | -5.29M | -4.64M | -6.2M |
| Net Change in Cash | -1.57M▲ 0% | 42.92M▲ 2832.5% | 111.2M▲ 159.1% | -23.89M▼ 121.5% | -49M▼ 105.1% | 4.64M▲ 109.5% | -29.32M▼ 731.2% | -11.76M▲ 59.9% | -20.61M▼ 75.3% | -22.62M▲ 0% |
| Free Cash Flow | -23.44M▲ 0% | 31.17M▲ 233.0% | 244.55M▲ 684.7% | 66.65M▼ 72.7% | -80.52M▼ 220.8% | 12.38M▲ 115.4% | -42.18M▼ 440.7% | -32.51M▲ 22.9% | -31.07M▲ 4.4% | -29.37M▲ 0% |
| FCF Margin % | -38.79% | 23.37% | 63.88% | 48.83% | -67.11% | 6.24% | -18.4% | -16.36% | -24.87% | -26.25% |
| FCF Growth % | 62.03% | 232.95% | 684.7% | -72.75% | -220.81% | 115.37% | -440.74% | 22.93% | 4.43% | 8.56% |
| FCF per Share | -0.61 | 0.67 | 3.81 | 1.25 | -1.31 | 0.19 | -0.65 | -0.51 | -0.48 | -0.48 |
| FCF Conversion (FCF/Net Income) | 0.29x | -5.63x | 1.11x | -2.99x | -9.09x | 1.76x | -2.38x | -0.70x | -0.22x | 0.46x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 616K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
LGO Key Ratios
Largo Inc. (LGO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -189.43% | -20.94% | 133.52% | -12.47% | 2.6% | 8.8% | -0.54% | -11.47% | -23.41% | -47.11% |
| Return on Invested Capital (ROIC) | -12.48% | 9.32% | 93.27% | -3.88% | - | 14.04% | 5.1% | -4.44% | -15.29% | -15.29% |
| Gross Margin | -39.32% | 28.21% | 73.97% | 11.57% | 26.33% | 32.92% | 25.97% | 12.04% | -16.73% | -22.49% |
| Net Margin | -68.48% | -6.21% | 60.6% | -25.66% | 5.63% | 11.38% | -0.63% | -15.27% | -39.89% | -57.33% |
| Debt / Equity | 10.30x | 3.24x | 0.30x | - | 0.10x | 0.07x | 0.15x | 0.30x | 0.10x | 0.10x |
| Interest Coverage | -1.05x | 0.73x | 9.18x | -0.70x | - | 32.55x | 9.53x | -1.69x | -4.89x | -3.25x |
| FCF Conversion | 0.29x | -5.63x | 1.11x | -2.99x | -9.09x | 1.76x | -2.38x | -0.70x | -0.22x | 0.46x |
| Revenue Growth | 1003.52% | 120.69% | 187.02% | -64.35% | -12.08% | 65.25% | 15.62% | -13.33% | -37.13% | -22.74% |
LGO Frequently Asked Questions
Largo Inc. (LGO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Largo Inc. (LGO) reported $111.9M in revenue for fiscal year 2024.
Largo Inc. (LGO) saw revenue decline by 37.1% over the past year.
Largo Inc. (LGO) reported a net loss of $64.1M for fiscal year 2024.
Dividend & Returns
Largo Inc. (LGO) has a return on equity (ROE) of -23.4%. Negative ROE indicates the company is unprofitable.
Largo Inc. (LGO) had negative free cash flow of $29.4M in fiscal year 2024, likely due to heavy capital investments.
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