Elevra Lithium vs Largo
Elevra Lithium is the larger business, with $145m of revenue in fiscal 2025 against $110m for Largo (1.3 times as much). Elevra Lithium grew faster (9.9% against -12.0%). Largo kept more of each dollar of sales as profit: a net margin of -62.3% against -131.8%. Elevra Lithium carries less debt relative to equity (18.5% against 82.1%).
| Latest fiscal year | Elevra LithiumELVR, 2025 | LargoLGO, 2025 |
|---|---|---|
| Revenue | $145m | $110m |
| Revenue growth | 9.9% | -12.0% |
| Net income | −$191m | −$68.5m |
| Operating margin | -172.1% | — |
| Net margin | -131.8% | -62.3% |
| Return on equity | -52.9% | -46.4% |
| Free cash flow | −$22.3m | −$37.7m |
| Cash | $47.5m | $9.7m |
| Total debt | $51.0m | $107m |
| Debt to equity | 18.5% | 82.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $159m | $27.2m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 1 buys, 1 sales | 0 buys, 0 sales |