Largo Inc.
Largo Inc. (LGO.TO) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Largo Inc. (LGO.TO), featuring income statements, balance sheets, and cash flow data.
Largo Inc. (LGO.TO) Income Statement & Financial Overview
Review Largo Inc. LGO.TO income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $28.23M | $24.27M | $29.91M | $28.56M |
| Cost of Revenue | $42.48M | $30.19M | $29.54M | $36.38M |
| Gross Profit | -$14.24M | -$5.93M | $368000.00 | -$7.82M |
| Gross Profit Ratio | -$0.50 | -$0.24 | $0.01 | -$0.27 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $5.24M | $1.57M | $8.81M | $5.57M |
| Operating Expenses | $5.28M | $1.82M | $368000.00 | $6.82M |
| Total Costs & Expenses | $47.76M | $32.01M | $29.91M | $43.20M |
| Interest Income | $121000.00 | $92000.00 | $255000.00 | $870000.00 |
| Interest Expense | $2.15M | $2.36M | $2.48M | $2.81M |
| Depreciation & Amortization | $5.68M | $8.21M | $5.58M | $6.17M |
| EBITDA | -$3.99M | -$8.72M | -$3.87M | -$12.74M |
| EBITDA Ratio | -$0.14 | -$0.36 | -$0.13 | -$0.45 |
| Operating Income | -$19.52M | -$7.74M | -$8.62M | -$13.77M |
| Operating Income Ratio | -$0.69 | -$0.32 | -$0.29 | -$0.48 |
| Other Income/Expenses (Net) | $7.70M | -$11.54M | -$3.31M | -$7.94M |
| Income Before Tax | -$11.82M | -$19.29M | -$11.93M | -$21.71M |
| Income Before Tax Ratio | -$0.42 | -$0.79 | -$0.40 | -$0.76 |
| Income Tax Expense | -$2.62M | -$6.30M | -$1.84M | -$7.23M |
| Net Income | -$9.001M | -$12.92M | -$9.66M | -$14.28M |
| Net Income Ratio | -$0.32 | -$0.53 | -$0.32 | -$0.50 |
| EPS | -$0.14 | -$0.21 | -$0.16 | -$0.23 |
| Diluted EPS | -$0.14 | -$0.20 | -$0.15 | -$0.22 |
| Weighted Avg Shares Outstanding | $64.11M | $62.09M | $62.09M | $62.09M |
| Weighted Avg Shares Outstanding (Diluted) | $64.11M | $64.08M | $64.08M | $64.08M |
Over the past four quarters, Largo Inc. demonstrated steady revenue growth, increasing from $28.56M in Q2 2024 to $28.23M in Q1 2025. Operating income reached -$19.52M in Q1 2025, maintaining a consistent -69% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$3.99M, reflecting operational efficiency. Net income rose to -$9.001M, with EPS at -$0.14. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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