Largo Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	7.85	22.11	42.71	54.47	83.79	79.15
Cash & Short-Term Investments	7.85	22.11	42.71	54.47	83.79	79.15
Cash Growth	-74.23%	-48.25%	-21.58%	-34.99%	5.87%	-37.92%
Accounts Receivable	12.85	5.47	19.08	18.29	22.14	13.75
Other Receivables	5.83	4.27	6.52	2.69	1.54	5.35
Receivables	18.67	9.74	25.6	20.98	23.68	19.1
Inventory	45.91	47.54	61.57	64.22	45.32	35.34
Prepaid Expenses	4.94	5.76	6.53	14.01	6.73	3.72
Restricted Cash	0.38	0.53	0.71	0.47	0.45	-
Other Current Assets	-	7.61	-	-	-	-
Total Current Assets	77.75	93.29	137.12	154.14	159.98	137.3
Property, Plant & Equipment	220.08	188.25	230.85	189.75	146.66	148.97
Other Intangible Assets	1.62	2.26	6.15	7.26	3.93	4.37
Long-Term Deferred Tax Assets	3.01	22.08	7.5	4.6	3.34	7.18
Other Long-Term Assets	12.8	12.8	-	-	-	-
Total Assets	322.31	318.67	381.62	355.75	313.91	297.81
Accounts Payable	28.21	21.66	31.44	26.63	14.05	12.29
Accrued Expenses	27.44	9.11	0.4	6.06	4.05	3.75
Short-Term Debt	25.01	17.28	-	4	15	24.79
Current Portion of Long-Term Debt	71	57.5	-	-	-	-
Current Portion of Leases	-	-	0.6	0.58	0.56	-
Current Income Taxes Payable	1.27	0.81	-	-	2.54	0.3
Current Unearned Revenue	2.91	3.89	3.55	1.7	5.47	3.22
Other Current Liabilities	0.82	4.01	6.47	-	-	-
Total Current Liabilities	156.65	114.26	42.46	38.97	41.67	44.35
Long-Term Debt	10	17.5	75	36	-	-
Long-Term Leases	-	-	0.93	1.47	1.99	-
Other Long-Term Liabilities	19.37	15.68	7.44	4.75	4.56	6.3
Total Liabilities	186.02	147.44	125.82	81.2	48.21	50.64
Common Stock	413.19	412.99	412.3	411.65	415.98	406.21
Retained Earnings	-176.69	-126.5	-77.64	-48.23	-49.33	-71.9
Comprehensive Income & Other	-106.29	-121.67	-86	-98.03	-100.96	-87.15
Total Common Equity	130.22	164.82	248.65	265.39	265.7	247.16
Minority Interest	6.07	6.41	7.15	9.16	-	-
Shareholders' Equity	136.29	171.23	255.8	274.55	265.7	247.16
Total Liabilities & Equity	322.31	318.67	381.62	355.75	313.91	297.81
Total Debt	106.01	92.28	76.53	42.05	17.55	24.79
Net Cash (Debt)	-98.16	-70.17	-33.81	12.42	66.24	54.36
Net Cash Growth	-	-	-	-81.25%	21.86%	-57.37%
Net Cash Per Share	-1.53	-1.09	-0.53	0.19	1.02	0.89
Filing Date Shares Outstanding	83.31	64.11	64.05	64	64.75	64.51
Total Common Shares Outstanding	64.13	64.11	64.05	64	64.73	58.78
Working Capital	-78.91	-20.97	94.67	115.17	118.31	92.95
Book Value Per Share	2.03	2.57	3.88	4.15	4.10	4.20
Tangible Book Value	128.6	162.56	242.5	258.13	261.77	242.8
Tangible Book Value Per Share	2.01	2.54	3.79	4.03	4.04	4.13
Buildings	242.99	196.65	243.03	183.97	160.51	153.74
Machinery	0.75	0.27	0.35	0.32	4.21	1.18
Construction In Progress	7.28	13.71	11.77	29.42	5.11	8.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.