Largo (LGO) Operating Income (2021 - 2024)

Largo (LGO) recorded quarterly Operating Income of -$1.7 billion in Q2 2024, up 96.15% quarter-over-quarter from -$45.4 billion in Q2 2023, and up 96.15% on a YoY basis from -$891.7 million in Q3 2023.

Largo (LGO) Operating Income (2021 - 2024) Analysis & Trends

Largo's Operating Income history runs 4 years deep, the most recent figure standing at -$1.7 billion for Q2 2024.

  • In Q2 2024, Operating Income rose 96.15% year-over-year to -$1.7 billion; the TTM figure through Jun 2024 stood at -$47.0 billion (changed N/A YoY), while the FY2021 annual figure was $331.3 million, up 4189.65% from the prior year.
  • Operating Income was -$1.7 billion for Q2 2024 at Largo, up from -$45.4 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $88.1 million in Q4 2021 to a low of -$45.4 billion in Q2 2023.
  • Historically, Operating Income has averaged -$11.8 billion across 4 years, with a median of -$838.7 million in 2022.
  • Biggest YoY gain for Operating Income was 96.15% in 2024; the steepest drop was 96.15% in 2024.
  • A 4-year view of Operating Income shows it stood at $88.1 million in 2021, then fell by 18.65% to $71.6 million in 2022, then tumbled by 63505.65% to -$45.4 billion in 2023, then soared by 96.15% to -$1.7 billion in 2024.
  • The last three Operating Income figures came in at -$1.7 billion (Q2 2024), -$45.4 billion (Q2 2023), and $71.6 million (Q1 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (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 -24.12 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 28.18 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 37.35 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn -40.34 Mn
10 Largo 77,111.03 -8.46 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 -1.75 Bn
Jun 30, 2023 -45.43 Bn
Mar 31, 2022 71.64 Mn
Dec 31, 2021 88.07 Mn