Largo Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	9.72	22.11	42.71	54.47	83.79
Cash & Short-Term Investments	9.72	22.11	42.71	54.47	83.79
Cash Growth	-56.05%	-48.25%	-21.58%	-34.99%	5.87%
Accounts Receivable	3.41	5.47	19.08	18.29	22.14
Other Receivables	7.65	4.27	6.52	2.69	1.54
Receivables	11.07	9.74	25.6	20.98	23.68
Inventory	49.51	47.54	61.57	64.22	45.32
Prepaid Expenses	7.38	5.76	6.53	14.01	6.73
Restricted Cash	0.38	0.53	0.71	0.47	0.45
Other Current Assets	-	7.61	-	-	-
Total Current Assets	78.05	93.29	137.12	154.14	159.98
Property, Plant & Equipment	209.65	188.25	230.85	189.75	146.66
Long-Term Investments	4.64	-	-	-	-
Other Intangible Assets	1.41	2.26	6.15	7.26	3.93
Long-Term Deferred Tax Assets	5.01	22.08	7.5	4.6	3.34
Other Long-Term Assets	19.99	12.8	-	-	-
Total Assets	318.76	318.67	381.62	355.75	313.91
Accounts Payable	17.67	21.66	31.44	26.63	14.05
Accrued Expenses	21.47	9.11	0.4	6.06	4.05
Short-Term Debt	27.85	-	-	4	15
Current Portion of Long-Term Debt	79.22	74.78	-	-	-
Current Portion of Leases	-	-	0.6	0.58	0.56
Current Income Taxes Payable	3.75	0.81	-	-	2.54
Current Unearned Revenue	3.54	3.89	3.55	1.7	5.47
Other Current Liabilities	0.45	4.01	6.47	-	-
Total Current Liabilities	153.93	114.26	42.46	38.97	41.67
Long-Term Debt	-	17.5	75	36	-
Long-Term Leases	-	-	0.93	1.47	1.99
Other Long-Term Liabilities	28.29	15.68	7.44	4.75	4.56
Total Liabilities	182.22	147.44	125.82	81.2	48.21
Common Stock	423.28	412.99	412.3	411.65	415.98
Retained Earnings	-187.33	-126.5	-77.64	-48.23	-49.33
Comprehensive Income & Other	-105.6	-121.67	-86	-98.03	-100.96
Total Common Equity	130.36	164.82	248.65	265.39	265.7
Minority Interest	6.18	6.41	7.15	9.16	-
Shareholders' Equity	136.54	171.23	255.8	274.55	265.7
Total Liabilities & Equity	318.76	318.67	381.62	355.75	313.91
Total Debt	107.07	92.28	76.53	42.05	17.55
Net Cash (Debt)	-97.35	-70.17	-33.81	12.42	66.24
Net Cash Growth	-	-	-	-81.25%	21.86%
Net Cash Per Share	-1.44	-1.09	-0.53	0.19	1.02
Filing Date Shares Outstanding	83.67	64.11	64.05	64	64.75
Total Common Shares Outstanding	83.67	64.11	64.05	64	64.73
Working Capital	-75.88	-20.97	94.67	115.17	118.31
Book Value Per Share	1.56	2.57	3.88	4.15	4.10
Tangible Book Value	128.94	162.56	242.5	258.13	261.77
Tangible Book Value Per Share	1.54	2.54	3.79	4.03	4.04
Buildings	235.62	195.98	243.03	183.97	160.51
Machinery	0.74	0.94	0.35	0.32	4.21
Construction In Progress	6.05	13.71	11.77	29.42	5.11

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.