Largo Inc.

Toronto Stock Exchange LGO.TO

Largo Inc. Net Income Margin for the year ending December 31, 2023: -15.27%

Largo Inc. Net Income Margin is -15.27% for the year ending December 31, 2023, a -1,472.83% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Largo Inc. Net Income Margin for the year ending December 31, 2022 was -0.97%, a -108.53% change year over year.
  • Largo Inc. Net Income Margin for the year ending December 31, 2021 was 11.38%, a 102.02% change year over year.
  • Largo Inc. Net Income Margin for the year ending December 31, 2020 was 5.63%, a 121.79% change year over year.
  • Largo Inc. Net Income Margin for the year ending December 31, 2019 was -25.86%, a -142.68% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
Market news
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SV Wall Street
Toronto Stock Exchange: LGO.TO

Largo Inc.

CEO Mr. Daniel R. Tellechea B.Sc., MBA
IPO Date Aug. 8, 1996
Location Canada
Headquarters 55 University Avenue
Employees 533
Sector Utilities
Industries
Description

Largo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. The company operates in five segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company offers renewable energy solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.

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