Largo (ALLGO) Q2 2025 TU earnings summary

Executive summary

• First-half 2025 revenue reached €14.5M, reflecting a solid performance despite a slight year-over-year decline.

• Q2 2025 revenue increased by 6% compared to Q2 2024, driven by strong activity in strategic channels.

• Two new contracts signed with leading distributors, supporting commercial momentum.

Financial highlights

• H1 2025 revenue: €14.5M, down 8% from H1 2024.

• Q2 2025 revenue: €6.6M, up 6% year-over-year.

• Cash position at €3.9M as of June 30, 2025.

Outlook and guidance

• Anticipates accelerated sales and improved profitability in H2 2025, leveraging new contracts and full-year impact of operator partnerships.

• Expects 2025 to show growth over the previous year, with a traditionally stronger second half.