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| Date | Value |
|---|---|
| Jun 30, 2024 | -1.75 Bn |
| Jun 30, 2023 | -45.43 Bn |
| Mar 31, 2022 | 71.64 Mn |
| Dec 31, 2021 | 88.07 Mn |