Largo Past Earnings Performance
Past criteria checks 0/6
Largo's earnings have been declining at an average annual rate of -68.2%, while the Metals and Mining industry saw earnings growing at 29.2% annually. Revenues have been declining at an average rate of 3.5% per year.
Key information
-68.2%
Earnings growth rate
-70.4%
EPS growth rate
| Metals and Mining Industry Growth | 27.4% |
| Revenue growth rate | -3.5% |
| Return on equity | -12.6% |
| Net Margin | -15.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Here's Why Largo (TSE:LGO) Can Afford Some Debt
May 07
Investors 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 11Largo Resources (TSE:LGO) Seems To Use Debt Rather Sparingly
Aug 17Returns On Capital Are Showing Encouraging Signs At Largo Resources (TSE:LGO)
Jul 30Need To Know: Analysts Are Much More Bullish On Largo Resources Ltd. (TSE:LGO) Revenues
Apr 24Returns Are Gaining Momentum At Largo Resources (TSE:LGO)
Apr 09Has Largo Resources Ltd.'s (TSE:LGO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Mar 19Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 199 | -30 | 45 | 0 |
| 30 Sep 23 | 202 | -34 | 55 | 0 |
| 30 Jun 23 | 212 | -25 | 54 | 0 |
| 31 Mar 23 | 244 | -1 | 56 | 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 |
| 31 Mar 14 | 0 | -6 | 7 | 0 |
| 31 Dec 13 | 0 | -11 | 5 | 0 |
| 30 Sep 13 | 0 | -13 | 5 | 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 68.2% 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 (-17.1%).
Return on Equity
High ROE: LGO has a negative Return on Equity (-12.65%), as it is currently unprofitable.