Largo Past Earnings Performance
Past criteria checks 0/6
Largo's earnings have been declining at an average annual rate of -44.3%, while the Metals and Mining industry saw earnings growing at 23.6% annually. Revenues have been growing at an average rate of 8.7% per year.
Key information
-44.3%
Earnings growth rate
-42.8%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | 8.7% |
| Return on equity | -25.5% |
| Net Margin | -33.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Oct 29
Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough
Sep 10Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook
Aug 14Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too
May 23Here's Why Largo (TSE:LGO) Can Afford Some Debt
May 07Investors Aren't Buying Largo Inc.'s (TSE:LGO) Revenues
Mar 26Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt
Aug 11Capital Allocation Trends At Largo (TSE:LGO) Aren't Ideal
May 18Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden
Apr 27Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet
Jan 07Investors Will Want Largo's (TSE:LGO) Growth In ROCE To Persist
Oct 13We Think Largo (TSE:LGO) Can Stay On Top Of Its Debt
Jul 31The Return Trends At Largo (TSE:LGO) Look Promising
Jun 14Is Largo (TSE:LGO) A Risky Investment?
Apr 07Largo (TSE:LGO) Might Have The Makings Of A Multi-Bagger
Mar 02Is Largo (TSE:LGO) Using Too Much Debt?
Dec 24Returns On Capital Are Showing Encouraging Signs At Largo Resources (TSE:LGO)
Nov 11Revenue & Expenses Breakdown
How Largo makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 145 | -49 | 36 | 0 |
| 30 Jun 24 | 159 | -51 | 37 | 0 |
| 31 Mar 24 | 183 | -42 | 43 | 0 |
| 31 Dec 23 | 199 | -30 | 45 | 0 |
| 30 Sep 23 | 202 | -34 | 44 | 0 |
| 30 Jun 23 | 212 | -25 | 42 | 0 |
| 31 Mar 23 | 244 | -1 | 43 | 0 |
| 31 Dec 22 | 229 | -1 | 44 | 0 |
| 30 Sep 22 | 232 | 15 | 50 | 0 |
| 30 Jun 22 | 232 | 26 | 45 | 0 |
| 31 Mar 22 | 201 | 17 | 40 | 0 |
| 31 Dec 21 | 198 | 23 | 33 | 0 |
| 30 Sep 21 | 190 | 29 | 28 | 0 |
| 30 Jun 21 | 164 | 22 | 24 | 0 |
| 31 Mar 21 | 118 | 7 | 18 | 0 |
| 31 Dec 20 | 120 | 7 | 16 | 0 |
| 30 Sep 20 | 104 | -4 | 14 | 0 |
| 30 Jun 20 | 100 | -13 | 16 | 0 |
| 31 Mar 20 | 114 | -21 | 18 | 0 |
| 31 Dec 19 | 105 | -27 | 20 | 0 |
| 30 Sep 19 | 213 | 59 | 22 | 0 |
| 30 Jun 19 | 305 | 120 | 20 | 0 |
| 31 Mar 19 | 355 | 201 | 20 | 0 |
| 31 Dec 18 | 382 | 231 | 18 | 0 |
| 30 Sep 18 | 304 | 161 | 15 | 0 |
| 30 Jun 18 | 226 | 114 | 14 | 0 |
| 31 Mar 18 | 178 | 35 | 12 | 0 |
| 31 Dec 17 | 133 | -8 | 11 | 0 |
| 30 Sep 17 | 120 | -17 | 10 | 0 |
| 30 Jun 17 | 91 | -46 | 11 | 0 |
| 31 Mar 17 | 76 | -42 | 11 | 0 |
| 31 Dec 16 | 60 | -41 | 10 | 0 |
| 30 Sep 16 | 44 | -61 | 10 | 0 |
| 30 Jun 16 | 28 | -81 | 8 | 0 |
| 31 Mar 16 | 14 | -73 | 10 | 0 |
| 31 Dec 15 | 5 | -94 | 9 | 0 |
| 30 Sep 15 | 0 | -94 | 11 | 0 |
| 30 Jun 15 | 0 | -77 | 11 | 0 |
| 31 Mar 15 | 0 | -80 | 9 | 0 |
| 31 Dec 14 | 0 | -45 | 11 | 0 |
| 30 Sep 14 | 0 | -23 | 9 | 0 |
| 30 Jun 14 | 0 | -5 | 9 | 0 |
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 44.3% 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 (36.4%).
Return on Equity
High ROE: LGO has a negative Return on Equity (-25.45%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 03:00 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Largo Inc. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arun Thomas | Byron Capital Markets |
| Jonathan Hykawy | Byron Capital Markets |
| Bryce Adams | CIBC Capital Markets |