Largo Inc.

LGO.TOTSXBasic Materials● Active

$1.19

+$0.02(+1.71%)

Market Cap$88384619

P/E Ratio—

52W High$3.71

52W Low$1.155

Avg Volume188K

Open$1.18

Beta2.30

Free Cash Flow Financials Revenue

Largo Inc. (LGO.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

LGO.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

LGO.TO · FCF · TTM · margin & CAGR

Free cash flow was −$37.7M for FY2025 (fiscal year ending 2025-12-31), down 21.2% year-over-year The FCF margin was -34.3%.

FY2025 Free Cash Flow−$37.7M▼ -21.2% YoY

Trailing 12M (TTM)−$43.7Mtrailing 4 quarters sum

FCF Margin-34.3%−$37.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

LGO.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$10.2M(27M)−$37.7M▼ 21.2%-34.3%

FY2024$11.2M(42M)−$31.1M▲ +4.4%-24.9%

FY2023$21.2M(54M)−$32.5M▲ +22.9%-16.4%

FY2022$3.5M(46M)−$42.2M▼ 440.7%-18.4%

FY2021$39.8M(27M)$12.4M▲ +115.9%6.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

LGO.TO · P/FCF · FCF yield · FCF per share

Largo Inc. (LGO.TO) reported negative free cash flow of −$0.04B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

LGO.TO · cash flow statement · operating / investing / financing

For FY2025, Largo Inc. generated −$10.2M in operating cash flow and spent 27M in capital expenditures, yielding −$37.7M in free cash flow.

Operating Activities

−$10.2M

Cash from core business operations

2025-12-31

Investing Activities

−$26.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$23.9M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$10.2M) − |CapEx| (27M) = FCF (−$37.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Basic Materials)

LGO.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Largo Inc.YOU

LGO.TO

−$37.7M-21.2%-34.3%

Loss

Southern Copper Corporation

Basic Materials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Largo Inc. (LGO.TO) reported free cash flow of −$37.7M for FY2025 (fiscal year ending 2025-12-31), down 21.2% year-over-year. The FCF margin was -34.3%.

Based on available data, Largo Inc. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $244.6M in FY2018.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

LGO.TO free cash flow · 8 questions

Largo Inc. free cash flow was −$37.7M for FY2025, down 21.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$43.7M.

LGO.TO free cash flowLGO.TO FCFLGO.TO FCF 2025LGO.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Largo Inc. · Largo Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026