Largo (LGO) Cost of Revenue (2021 - 2024)
Largo (LGO) recorded quarterly Cost of Revenue of $1.8 billion in Q2 2024, down 25.96% quarter-over-quarter from $2.4 billion in Q2 2023, and down 25.96% on a YoY basis from $2.4 billion in Q3 2023.
Largo (LGO) Cost of Revenue (2021 - 2024) Analysis & Trends
Largo's Cost of Revenue history runs 4 years deep, the most recent figure standing at $1.8 billion for Q2 2024.
- In Q2 2024, Cost of Revenue fell 25.96% year-over-year to $1.8 billion; the TTM figure through Jun 2024 stood at $4.3 billion (changed N/A YoY), while the FY2020 annual figure was -$1.6 million, changed N/A from the prior year.
- Cost of Revenue was $1.8 billion for Q2 2024 at Largo, down from $2.4 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.4 billion in Q2 2023 to a low of $2718.6 in Q1 2022.
- Historically, Cost of Revenue has averaged $1.1 billion across 4 years, with a median of $907.0 million in 2021.
- Biggest YoY gain for Cost of Revenue was 25.96% in 2024; the steepest drop was 25.96% in 2024.
- A 4-year view of Cost of Revenue shows it stood at $3072.1 in 2021, then decreased by 11.51% to $2718.6 in 2022, then surged by 90121169.4% to $2.4 billion in 2023, then fell by 25.96% to $1.8 billion in 2024.
- The last three Cost of Revenue figures came in at $1.8 billion (Q2 2024), $2.4 billion (Q2 2023), and $2718.6 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 74.25 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 467.99 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 16.77 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 20.11 Mn |
| 10 | Largo | 77,111.03 | -8.46 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.81 Bn |
| Jun 30, 2024 | 1.81 Bn |
| Jun 30, 2023 | 2.45 Bn |
| Jun 30, 2023 | 2.45 Bn |
| Mar 31, 2022 | 2,718.56 |
| Mar 31, 2022 | 2,718.56 |
| Dec 31, 2021 | 3,072.12 |
| Dec 31, 2021 | 3,072.12 |