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NASDAQ · Industrials

Largo Inc. (LGO)

Largo Inc. reported revenue of $109.9M in fiscal 2025, down 12.0% from a year earlier. It posted a net loss of $68.5M. In fiscal 2025 capital spending exceeded operating cash flow by $37.7M. At December 31, 2025 it held $9.7M in cash against $107.1M of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (amended) (40-F/A) filed on April 2, 2026.

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Price
$0.33
-4.20% on the day · November 10, 2026
52-week range $0.31 to $1.93
Market cap
$34.3M
Revenue (FY2025)
$109.9M
-12.0% year on year
Net margin
-62.3%

Key facts about Largo Inc.

Net worth
Largo Inc. has a market value (market cap) of $34.3M at the latest share price, and shareholders' equity of $130.4M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $109.9M (-12.0% year on year), with a net loss of $68.5M.
Cash flow
In fiscal 2025 operations used $10.2M of cash.
Latest report
The latest periodic report (annual report (Canadian issuer) (amended), 40-F/A) was filed with the SEC on April 2, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What Largo Inc. does

Largo Inc. is registered with the SEC under industry code SIC 1400 (Mining & Quarrying of Nonmetallic Minerals (No Fuels)). Its shares trade on NASDAQ under the ticker LGO.

Revenue and profit by year

Revenue
FY21: $121M $121M FY21FY21: $198.3M $198.3M FY21FY22: $229.3M $229.3M FY22FY23: $198.7M $198.7M FY23FY24: $124.9M $124.9M FY24FY25: $109.9M $109.9M FY25
Net income
FY21: $6.8M $6.8M FY21FY21: $22.6M $22.6M FY21FY22: -$1.5M -$1.5M FY22FY23: -$30.3M -$30.3M FY23FY24: -$49.8M -$49.8M FY24FY25: -$68.5M -$68.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$109.9Mn/a-$68.5M-$1.01-$37.7M
2024$124.9Mn/a-$49.8M-$0.78-$31.1M
2023$198.7Mn/a-$30.3M-$0.51-$32.3M
2022$229.3Mn/a-$1.5M-$0.03-$38.7M
2021$198.3Mn/a$22.6M$0.35$12.4M
2021$121Mn/a$6.8M$0.11-$77.6M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where LGO ranks in Industrials

Revenue$109.9M
#398 of 603 in Industrials · Bottom 34%
Revenue growth-12.0%
#465 of 520 in Industrials · Bottom 11%
Net margin-62.3%
#485 of 523 in Industrials · Bottom 7%
Free cash flow margin-34.3%
#445 of 489 in Industrials · Bottom 9%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Latest SEC filings

What Largo Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 29, 2026
  2. September 29, 2026
  3. September 23, 2026
  4. September 14, 2026
  5. August 27, 2026
  6. August 21, 2026
  7. August 14, 2026
  8. August 14, 2026
  9. August 10, 2026
  10. August 6, 2026

Insider trades

What the people running Largo Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns LGO

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
J. Alberto Arias13G, passive with 6 related filers 43.15% 38,221,704 February 11, 2026

Latest filings below 5%: West Family Investments, Inc. 2.6% (January 9, 2026).

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about LGO

What does Largo Inc. do?

Largo Inc. is a company in the Industrials sector, listed on NASDAQ as LGO. Its shares trade on NASDAQ under the ticker LGO.

What is Largo Inc.'s net worth?

Largo Inc. has a market value (market cap) of $34.3M at the latest share price, and shareholders' equity of $130.4M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Largo Inc. profitable?

No. In fiscal 2025 it reported a net loss of $68.5M on revenue of $109.9M.

How much revenue does Largo Inc. make?

In fiscal 2025 Largo Inc. reported revenue of $109.9M. That is 12.0% less than a year earlier.

When did Largo Inc. last report?

Its most recent periodic report is the annual report (Canadian issuer) (amended) (40-F/A) filed on April 2, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 29, 2026.

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Where the numbers come from

Financial figures are the values Largo Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.