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Largo Inc. (LGO) Annual Reports

Largo Inc. is listed on Nasdaq, classified by the SEC under Mining & Quarrying of Nonmetallic Minerals (No Fuels) (SIC 1400). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Website:Official site ↗

Financial Highlights

FY2025 (annual)
CurrentPrior yearYoY
Revenue $109.9M $124.9M -12.0%
Net income $-68.5M $-49.8M -37.5%
EPS (diluted) $-1.01 $-0.78 -29.5%

ADR filer (Form 20-F): annual data only.

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit
Annual · In mn (USD)
Revenue 110 mn Net income -68.5 mn
2020 2021 2022 2023 2024 2025
Show table:Income statement
Item202020212022202320242025
Revenue121 198 229 199 125 110
Gross profit122 198
Net income6.76 22.6 -1.45 -30.3 -49.8 -68.5
Balance sheet
Annual · In mn (USD)
Total assets 319 mn Total liabilities 182 mn
2020 2021 2022 2023 2024 2025

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table:Balance sheet
Item202020212022202320242025
Current assets137 160 154 137 93.3 78.0
Total assets298 314 356 382 319 319
Current liabilities44.4 41.7 39.0 42.5 114 154
Total liabilities50.6 48.2 81.2 126 147 182
Equity247 266 265 249 165 130
Cash flow
Annual · In mn (USD)
Operating -10.2 mn Investing -26.4 mn Financing 23.9 mn
2020 2021 2022 2023 2024 2025

Positive = cash in, negative = cash out.

Show table:Cash flow statement
Item202020212022202320242025
Operating-59.5 39.8 3.46 21.2 11.2 -10.2
Investing-18.1 -27.4 -60.1 -62.9 -42.2 -26.4
Financing30.2 -6.90 26.4 29.1 12.0 23.9
Cash at period end79.2 83.8 54.5 42.7 22.1 9.72
Profitability
Annual · %
Gross margin 100.0% Net margin -62.3%
2020 2021 2022 2023 2024 2025

Gross, operating and net margin = the respective profit ÷ revenue.

Show table:Profitability
Item202020212022202320242025
Gross margin100.5%100.0%
Net margin5.6%11.4%-0.6%-15.3%-39.9%-62.3%
Returns & leverage
Annual · %
ROE -46.4% ROA -21.5% Debt ratio 57.2%
2020 2021 2022 2023 2024 2025

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table:Returns & leverage
Item202020212022202320242025
ROE2.7%8.8%-0.6%-11.8%-24.1%-46.4%
ROA2.3%7.4%-0.4%-8.2%-14.2%-21.5%
Debt ratio17.0%15.4%22.8%33.0%46.3%57.2%
EPS
Annual · US$
EPS US$-1.01
2020 2021 2022 2023 2024 2025
Show table:EPS
Item202020212022202320242025
EPS(US$)0.110.35-0.03-0.51-0.78-1.01

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

40-F: annual report of a Canadian issuer (MJDS). Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read Largo Inc. (LGO) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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