Largo Inc.

TSX:LGO Stock Report

Market Cap: CA$142.2m

Largo Past Earnings Performance

Past criteria checks 0/6

Largo's earnings have been declining at an average annual rate of -63.1%, while the Metals and Mining industry saw earnings growing at 18.9% annually. Revenues have been declining at an average rate of 7.3% per year.

Key information

-63.06%

Earnings growth rate

-62.97%

EPS growth rate

Metals and Mining Industry Growth27.39%
Revenue growth rate-7.33%
Return on equity-50.34%
Net Margin-62.34%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article • Feb 10

There's No Escaping Largo Inc.'s (TSE:LGO) Muted Revenues Despite A 37% Share Price Rise

Despite an already strong run, Largo Inc. ( TSE:LGO ) shares have been powering on, with a gain of 37% in the last...
Analysis Article • Nov 01

Largo Inc. (TSE:LGO) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Largo Inc. ( TSE:LGO ) shares have had a horrible month, losing 26% after a relatively good period beforehand. Instead...
Analysis Article • Sep 16

Largo Inc. (TSE:LGO) Shares Fly 30% But Investors Aren't Buying For Growth

Largo Inc. ( TSE:LGO ) shareholders have had their patience rewarded with a 30% share price jump in the last month...
Analysis Article • Jul 19

Largo Inc. (TSE:LGO) Shares Fly 42% But Investors Aren't Buying For Growth

Largo Inc. ( TSE:LGO ) shareholders would be excited to see that the share price has had a great month, posting a 42...
Analysis Article • Apr 02

Is Largo (TSE:LGO) Weighed On By Its Debt Load?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Mar 18

Largo Inc.'s (TSE:LGO) Revenues Are Not Doing Enough For Some Investors

Largo Inc.'s ( TSE:LGO ) price-to-sales (or "P/S") ratio of 0.9x might make it look like a strong buy right now...
Analysis Article • Oct 29

Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Largo Inc. ( TSE:LGO ) shareholders would be excited to see that the share price has had a great month, posting a 33...
Analysis Article • Sep 10

Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

With a price-to-sales (or "P/S") ratio of 0.7x Largo Inc. ( TSE:LGO ) may be sending very bullish signals at the...
Analysis Article • Aug 14

Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

The analysts covering Largo Inc. ( TSE:LGO ) delivered a dose of negativity to shareholders today, by making a...
Analysis Article • May 23

Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Those holding Largo Inc. ( TSE:LGO ) shares would be relieved that the share price has rebounded 25% in the last thirty...
Analysis Article • May 07

Here's Why Largo (TSE:LGO) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Mar 26

Investors Aren't Buying Largo Inc.'s (TSE:LGO) Revenues

You may think that with a price-to-sales (or "P/S") ratio of 0.5x Largo Inc. ( TSE:LGO ) is a stock worth checking out...
Analysis Article • Aug 11

Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • May 18

Capital Allocation Trends At Largo (TSE:LGO) Aren't Ideal

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Apr 27

Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jan 07

Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Revenue & Expenses Breakdown

How Largo makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:LGO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25110-69240
30 Sep 25112-64140
30 Jun 25109-37210
31 Mar 25111-46240
31 Dec 24125-50290
30 Sep 24145-49370
30 Jun 24159-51380
31 Mar 24183-42430
31 Dec 23199-30460
30 Sep 23202-34440
30 Jun 23212-25420
31 Mar 23244-1430
31 Dec 22229-1440
30 Sep 2223215500
30 Jun 2223226450
31 Mar 2220117400
31 Dec 2119823330
30 Sep 2119029280
30 Jun 2116422240
31 Mar 211187180
31 Dec 201207160
30 Sep 20104-4140
30 Jun 20100-13160
31 Mar 20114-21180
31 Dec 19105-27200
30 Sep 1921359220
30 Jun 19305120200
31 Mar 19355201200
31 Dec 18382231180
30 Sep 18304161150
30 Jun 18226114140
31 Mar 1817835120
31 Dec 17133-8110
30 Sep 17120-17100
30 Jun 1791-46110
31 Mar 1776-42110
31 Dec 1660-41100
30 Sep 1644-61100
30 Jun 1628-8180
31 Mar 1614-73100
31 Dec 155-9490
30 Sep 150-94110

Quality Earnings: LGO is currently unprofitable.

Growing Profit Margin: LGO is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LGO is unprofitable, and losses have increased over the past 5 years at a rate of 63.1% per year.

Accelerating Growth: Unable to compare LGO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LGO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (115.2%).

Return on Equity

High ROE: LGO has a negative Return on Equity (-50.34%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 21:10
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Largo Inc. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bryce AdamsCIBC Capital Markets
Philip WilliamsClarus Securities Inc.
Heiko IhleH.C. Wainwright & Co.