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Largo vs Sigma Lithium

Largo and Sigma Lithium are similar in size: $110m and $110m of revenue in their latest fiscal years. Largo grew faster (-12.0% against -27.3%). Sigma Lithium kept more of each dollar of sales as profit: a net margin of -45.6% against -62.3%. Largo carries less debt relative to equity (82.1% against 248.2%).

Latest fiscal yearLargoLGO, 2025Sigma LithiumSGML, 2025
Revenue $110m $110m
Revenue growth -12.0% -27.3%
Net income −$68.5m −$50.2m
Operating margin — -38.6%
Net margin -62.3% -45.6%
Return on equity -46.4% -67.4%
Free cash flow −$37.7m −$7.4m
Cash $9.7m $6.2m
Total debt $107m $141m
Debt to equity 82.1% 248.2%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — —
Market value $27.2m $612m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.