Largo Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues $198.3m $229.3m $198.7m $124.9m $109.9m
Operating costs ($133.0m) ($169.7m) ($174.8m) ($145.8m) ($132.6m)
Other comprehensive loss
Professional, consulting and management fees ($17.9m) ($25.3m) ($23.1m) ($16.3m) ($12.5m)
Foreign exchange gain (loss) $610k $1.6m ($183k) ($12.5m) $8.7m
Share-based payments ($3.1m) ($2.4m) $362k ($1.3m) ($2.3m)
Interest income $403k $1.1m $2.0m $1.5m $283k
Recovery (write-down) of vanadium assets $0 ($4.9m) ($1.1m) $294k
Gain on disposal of interest in subsidiary $0 $5.2m
Share of net loss from investment in associate $0 ($6.2m)
Net loss before tax $31.8m $4.0m ($35.1m) ($71.2m) ($51.7m)
Income tax recovery ($5.4m) ($7.7m) ($88k) $2.8m $0
Net loss $22.6m ($2.2m) ($32.4m) ($50.6m) ($68.7m)
Unrealized gain (loss) on foreign currency translation ($10.3m) $6.6m $14.0m ($35.3m) $10.1m
Owners of the Company $12.2m $5.2m ($16.4m) ($85.2m) ($58.4m)
Non-controlling interests $0 ($775k) ($2.0m) ($737k) ($229k)
Basic loss per Common Share $0 ($0) ($1) ($1) ($1)
Diluted loss per Common Share $0 ($0) ($1) ($1) ($1)
- Basic $0 ($0) ($1) ($1) ($1)
- Diluted $0 ($0) ($1) ($1) ($1)
Other general and administrative expenses ($6.4m) ($14.3m) ($11.8m) ($5.4m) ($8.3m)
Finance costs ($1.1m) ($1.6m) ($9.6m) ($9.5m) ($13.1m)
Technology start-up costs ($3.8m) ($12.7m) ($6.1m) ($3.4m) ($714k)
Exploration and evaluation costs ($2.1m) ($1.9m) ($5.7m) ($2.3m) ($216k)
Deferred income tax (expense) recovery ($3.8m) $1.4m $2.8m $17.9m ($17.1m)
Total Expenses ($166.5m) ($225.2m) ($233.7m) ($196.2m) ($161.6m)