Largo Inc (LGO) FinancialsLGOLargo Inc

Largo Inc (LGO) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Mine Properties, accounting for 106.5% of total sales, equivalent to $29.32M. Other significant revenue streams include Corporate and Sales & trading. Understanding this composition is critical for investors evaluating how LGO navigates market cycles within the Uranium industry.

Evaluating the bottom line, Largo Inc maintains a gross margin of -16.95%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -33.88%, while the net margin is -17.18%. These profitability ratios, combined with a Return on Equity (ROE) of -42.19%, provide a clear picture of how effectively LGO converts its operational activities into shareholder value.

In the context of the broader market, LGO competes directly with industry leaders such as CSTE and ZTEK. With a market capitalization of $74.13M, it holds a significant position in the sector. When comparing efficiency, LGO's gross margin of -16.95% stands against CSTE's 24.01% and ZTEK's N/A. Such benchmarking helps identify whether Largo Inc is trading at a premium or discount relative to its financial performance.

Largo Inc. reported a revenue of $44 million in Q2 2026, marking a 68.5% increase from the previous year, and achieved a positive adjusted EBITDA of $2.7 million, a substantial improvement from $34,000 in the prior year.