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Bullboard - Stock Discussion Forum Largo Inc T.LGO

Alternate Symbol(s):  LGO

Metals & Mining Industrial Metals & Minerals
Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company... see more

TSX:LGO - Post Discussion

Largo Inc > Bad business negative margin
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Post by kha341 on Apr 21, 2024 2:06pm

Bad business negative margin

Revenue from resale = US$11.6M

Loss from resale = US$3.8M thus negative margin = 33% of revenue


For every $1 Largo gets from reselling V products, the company loses an insane amount of 33 cts. And that without even considering the associated SG&A expenses (Selling, General & Admin). Get the "eff" out! 

The only people who benefit from this reselling business are those who earn a commission from “resales” revenue. Get rid of them too!




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Largo Inc