Largo (LGO) Gross Profit (2021 - 2024)
Largo (LGO) recorded quarterly Gross Profit of -$1.8 billion in Q2 2024, up 25.51% quarter-over-quarter from -$2.4 billion in Q2 2023, and up 25.51% on a YoY basis from -$1.4 billion in Q3 2023.
Largo (LGO) Gross Profit (2021 - 2024) Analysis & Trends
Largo's Gross Profit history runs 4 years deep, the most recent figure standing at -$1.8 billion for Q2 2024.
- In Q2 2024, Gross Profit rose 25.51% year-over-year to -$1.8 billion; the TTM figure through Jun 2024 stood at -$4.1 billion (changed N/A YoY), while the FY2021 annual figure was $198.3 million, up 63.03% from the prior year.
- Gross Profit was -$1.8 billion for Q2 2024 at Largo, up from -$2.4 billion in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $50.3 million in Q4 2021 to a low of -$2.4 billion in Q2 2023.
- Historically, Gross Profit has averaged -$1.0 billion across 4 years, with a median of -$871.4 million in 2022.
- Biggest YoY gain for Gross Profit was 25.51% in 2024; the steepest drop was 25.51% in 2024.
- A 4-year view of Gross Profit shows it stood at $50.3 million in 2021, then retreated by 15.18% to $42.7 million in 2022, then slumped by 5715.26% to -$2.4 billion in 2023, then rose by 25.51% to -$1.8 billion in 2024.
- The last three Gross Profit figures came in at -$1.8 billion (Q2 2024), -$2.4 billion (Q2 2023), and $42.7 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn |
| 10 | Largo | 77,111.03 | -8.46 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -1.79 Bn |
| Jun 30, 2024 | -1.79 Bn |
| Jun 30, 2023 | -2.40 Bn |
| Jun 30, 2023 | -2.40 Bn |
| Mar 31, 2022 | 42.69 Mn |
| Mar 31, 2022 | 42.69 Mn |
| Dec 31, 2021 | 50.32 Mn |
| Dec 31, 2021 | 50.32 Mn |