Largo Inc. (LGO) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -12.34M | -12.53M | -448.43K | 6.76M | -5.61M | 7.75M | -5.29M | -6.85M | 14.83M | 5.84M | -7.66M | 18.06M | 4.95M | -5.43M | 10.04M | 2.9M | -4.05M | 3.43M | 15.51M | 19.13M |
| Operating CF Margin % | -45.46% | -56.24% | -1.35% | 25.9% | -19.88% | 31.92% | -17.69% | -23.97% | 35.14% | 13.23% | -12.82% | 25.66% | 6.38% | -8.44% | 13.39% | 3.45% | -9.37% | 6.83% | 28.8% | 35.53% |
| Operating CF Growth % | -119.9% | -261.71% | 91.52% | 198.82% | -137.85% | 32.52% | 30.94% | -137.91% | 199.33% | 207.66% | -176.3% | 522.23% | 222.3% | -258.42% | -35.3% | -84.83% | -336.7% | -27.72% | 3960.73% | 130.05% |
| Net Income | -6.2M | -17.16M | -36.15M | -5.75M | -9.21M | -12.99M | -10.09M | -14.48M | -13.01M | -13.3M | -11.88M | -5.97M | -1.21M | -15.64M | -2.6M | 17.96M | -1.95M | 789K | 9.19M | 8.45M |
| Depreciation & Amortization | 7.04M | 6.7M | 5.25M | 4.31M | 5.68M | 8.21M | 5.58M | 6.17M | 8.72M | 7.39M | 6.81M | 7M | 8.04M | 6.72M | 5.86M | 5.97M | 4.72M | 6.17M | 5.08M | 5.89M |
| Stock-Based Compensation | 0 | 1.43M | 0 | 102K | 110K | 138K | 775K | 118K | 290K | 231K | 336K | 413K | -1.34M | 940K | 131K | 491K | 810K | 1.15M | 578K | 1.03M |
| Deferred Taxes | 104.53K | -4.92M | 26.28M | -1.59M | -2.62M | -6.3M | -1.84M | -7.23M | -5.31M | -3.08M | -2.86M | 1.32M | 1.92M | -1.59M | 641K | 4.44M | 2.77M | -1.13M | 4.28M | 5.74M |
| Other Non-Cash Items | -6.42M | 10.05M | 12.25M | 5.08M | -2.46M | 29.55M | 2.65M | 9.53M | 6.11M | 6.39M | 3.24M | 1.07M | 733K | -4.5M | 299K | -3.47M | -596K | -882K | 1.18M | -4.89M |
| Working Capital Changes | -6.86M | -8.61M | -8.08M | 4.61M | 2.88M | -10.86M | -2.37M | -944K | 18.01M | 8.21M | -3.3M | 14.22M | -3.2M | 8.63M | 5.71M | -22.5M | -9.8M | -2.67M | -4.8M | 2.91M |
| Change in Receivables | 1.43M | 7.37M | 1.67M | -1.97M | -7.59M | 2.63M | 3.16M | -1.83M | 10.23M | 2.94M | -4.78M | 10.51M | -12.52M | 5.47M | 8.03M | -10.32M | 386K | -1.21M | 1.84M | -2.92M |
| Change in Inventory | -7.25M | -5.04M | -11.94M | -5.25M | 6.47M | -9.97M | -9.37M | 1.57M | 7.92M | 2.03M | 400K | -3.87M | 6.8M | 11.76M | -6.48M | -8.69M | -12.3M | -1.34M | -5.47M | -1.35M |
| Change in Payables | -3.98M | -9.03M | 1.02M | 10.75M | 5.75M | -1.76M | 1.72M | -206.51K | -140K | 3.55M | -1.52M | 5.04M | -2.45M | 0 | 5.47M | 5.82M | 0 | 0 | 1.77M | 4M |
| Cash from Investing | -6.52M | -1.84M | -8.19M | -8.63M | -7.68M | -12.33M | -8.16M | -11.54M | -10.2M | -9.84M | -15.35M | -14.28M | -23.41M | -26.82M | -17.68M | -11.38M | -4.27M | -6.99M | -6.14M | -5.19M |
| Capital Expenditures | -6.52M | -1.84M | -8.18M | -8.63M | -8.69M | -12.33M | -8.16M | -11.53M | -10.2M | -10.78M | -15.35M | -12.76M | -14.73M | -17.3M | -12.68M | -11.38M | -3.29M | -6.99M | -6.14M | -5.19M |
| CapEx % of Revenue | 24.03% | 8.28% | 24.6% | 33.02% | 30.76% | 50.82% | 27.28% | 40.37% | 24.17% | 24.4% | 25.7% | 18.13% | 18.98% | 26.91% | 16.92% | 13.54% | 7.63% | 13.93% | 11.41% | 9.65% |
| Acquisitions | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -7.82K | 0 | 0 | 0 | 0 | -9.6K | 0 | 933K | 0 | -1.52M | -8.68M | -9.51M | -5M | 0 | -973K | 0 | 0 | 0 |
| Cash from Financing | 20.28M | 16.18M | 10.95M | -263K | -1.33M | -3.39M | 8.09M | 9.51M | -1.38M | 6.79M | -1.21M | -1.76M | 25.3M | 24.08M | 17.65M | -15.68M | 385K | -2K | 78K | 15.44M |
| Debt Issued (Net) | 1.28M | 1.06M | 10.95M | 2.96M | -165K | -1.58M | 8.82M | 9.58M | -149K | 9.85M | -147K | -143K | 24.86M | 24.86M | -149K | -139K | -139K | -139K | -91K | 15M |
| Equity Issued (Net) | 19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.67M | -229K | 90K | 0 | 369K | 332K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.76M | -323K | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 15.12M | 0 | -3.22M | -1.17M | -1.81M | -732K | -70.84K | -1.23M | -3.07M | -1.06M | -1.61M | 448K | -780K | 23.47M | -15.31M | 434K | 137K | -200K | 110K |
| Net Change in Cash | 1.54M | 1.87M | 2.21M | -2.83M | -13.66M | -8.34M | -5.36M | -9.81M | 2.94M | 3.14M | -24.41M | 2.4M | 7.1M | -8.24M | 9.84M | -25.52M | -5.4M | -3.78M | 6.9M | 31.98M |
| Free Cash Flow | -18.86M | -14.37M | -8.63M | -1.86M | -14.3M | -4.59M | -13.45M | -18.38M | 4.63M | -4.93M | -23.01M | 5.3M | -9.86M | -22.73M | -2.64M | -8.48M | -8.32M | -3.56M | 9.37M | 13.93M |
| FCF Margin % | -69.49% | -64.53% | -25.95% | -7.12% | -50.64% | -18.9% | -44.96% | -64.34% | 10.97% | -11.17% | -38.52% | 7.53% | -12.71% | -35.35% | -3.53% | -10.09% | -19.25% | -7.09% | 17.39% | 25.88% |
| FCF Growth % | -31.94% | -213.37% | 35.82% | 89.88% | -408.79% | 7.02% | 41.56% | -446.79% | 146.94% | 78.31% | -770.27% | 162.48% | -18.57% | -538.95% | -128.23% | -160.87% | -12.95% | -981.46% | 331.11% | 120.23% |
| FCF per Share | -0.21 | -0.18 | -0.13 | -0.03 | -0.22 | -0.07 | -0.21 | -0.29 | 0.07 | -0.08 | -0.36 | 0.08 | -0.15 | -0.36 | -0.04 | -0.13 | -0.13 | -0.05 | 0.14 | 0.21 |
| FCF Conversion (FCF/Net Income) | 1.99x | 0.72x | 0.01x | -1.19x | 0.62x | -0.60x | 0.55x | 0.48x | -1.14x | -0.49x | 0.49x | -2.37x | -2.96x | 0.26x | -3.45x | 0.16x | 2.16x | 4.36x | 1.69x | 2.28x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |