2024 Financial Performance: Largo on an Upward Trajectory

Largo, a specialist in reconditioning high-tech products, announced record financial results for 2024. Revenue reached €34.8 million, a significant increase of 64% compared to the previous year. This growth was mainly due to the increase in sales via the operator channel, whose share increased from 15% to 62%. Strategic partnerships with Orange France and Bouygues Telecom played a key role.

Profitability is also improving: gross margin has doubled, while EBITDA has fallen to -€1.9 million, an improvement of €3.5 million compared to 2023. Cash remains stable at €3.2 million. For 2025, Largo plans to consolidate this momentum while optimizing its profitability indicators, notably through rigorous management of fixed costs.