Largo Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Amounts receivable $23.7m $21.0m $25.6m $9.7m $11.1m
Inventory $45.3m $64.2m $61.6m $47.5m $49.5m
Prepaid expenses $6.7m $14.0m $6.5m $5.8m $7.4m
Inventory subject to return $0 $12.8m $20.0m
Total Current Assets $160.0m $154.1m $137.1m $93.3m $78.0m
Other intangible assets $3.9m $7.3m $6.2m $2.3m $1.4m
Cash $83.8m $54.5m $42.7m $22.1m $9.7m
Restricted cash $448k $470k $712k $530k $382k
Assets held for sale $0 $7.6m $0
Mine properties, plant and equipment $146.7m $175.2m $212.2m $170.8m $191.9m
Vanadium assets $0 $14.5m $18.7m $17.5m $17.8m
Deferred income tax asset $3.3m $4.6m $7.5m $22.1m $5.0m
Investment in associate $0 $4.6m
Current portion of lease liability $563k $581k $600k $0
Liabilities held for sale $0 $962k $0
Deferred revenue $5.5m $1.7m $3.6m $3.9m $3.5m
Debt $15.0m $4.0m $0 $74.8m $107.1m
Current portion of provisions $913k $6.1m $6.9m $3.4m $804k
Lease liability $2.0m $1.5m $925k $0
Provisions $4.6m $4.4m $6.7m $2.0m $5.8m
Revenues subject to refund $0 $13.6m $22.5m
Issued capital $416.0m $411.6m $412.3m $413.0m $423.3m
Equity reserves $17.8m $14.1m $12.2m $11.9m $17.8m
Deficit ($49.3m) ($48.2m) ($77.6m) ($126.5m) ($187.3m)
Equity attributable to owners of the Company $265.7m $265.4m $248.7m $164.8m $130.4m
Non-controlling Interest $0 $9.2m $7.1m $6.4m $6.2m
Total Non-current Assets $153.9m $201.6m $244.5m $225.4m $240.7m
Total Non-current Liabilities $6.5m $42.2m $83.4m $33.2m $28.3m
Total Equity $265.7m $274.6m $255.8m $171.2m $136.5m
Total Assets $313.9m $355.8m $381.6m $318.7m $318.8m
Accounts payable and accrued liabilities $19.7m $26.6m $31.4m $31.3m $42.5m
Non-current accounts payable and accrued liabilities $0 $326k $724k $0
Total Current Liabilities $41.7m $39.0m $42.5m $114.3m $153.9m
Long-term debt $0 $36.0m $75.0m $17.5m $0
Total Liabilities $48.2m $81.2m $125.8m $147.4m $182.2m
Accumulated other comprehensive loss ($118.8m) ($112.2m) ($98.2m) ($133.5m) ($123.4m)
Total Liabilities and Equity $313.9m $355.8m $381.6m $318.7m $318.8m