Lithium Argentina AG Financials
This page shows Lithium Argentina AG (LAR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Lithium Argentina’s earnings swing masks a cash-generation gap while obligations migrate toward the short-term balance sheet.
FY2023 is the clearest earnings-quality break: net income of$1.29B contrasted with operating cash flow of-$59.0M . Free cash flow was also-$64.3M , so the reported profit did not arrive as operating cash; losses in FY2024 and FY2025 with continued negative operating cash flow make that year look like an isolated reported result.
Short-term balance-sheet pressure intensified: current assets fell to
The business remained investment-light in reported FY2025 cash flow—capital expenditures were
Financial Health Signals
Lithium Argentina AG does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Lithium Argentina AG passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Lithium Argentina AG reported a net loss of $76.9M while operations used $30.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Lithium Argentina AG reported -$76.9M in net income in fiscal year 2025. This represents a decrease of 404.5% from the prior year.
Lithium Argentina AG earned -$0.47 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 422.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Lithium Argentina AG recorded an outflow of $30.0M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 31.5% from the prior year.
Lithium Argentina AG held $61.1M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Lithium Argentina AG's ROE was -9.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.7 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Lithium Argentina AG reported no capital expenditure in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
LAR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
LAR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1B-2.8% | $1.1B+7.2% | $1.1B+3.8% | $1.0B+24.4% | $817.3M+150.2% | $326.7M+11.2% | $293.8M+182.7% | $103.9M |
| Current Assets | $84.7M-27.8% | $117.4M-12.1% | $133.6M-62.5% | $356.1M-33.1% | $532.6M+245.1% | $154.3M+66.1% | $92.9M+98.0% | $46.9M |
| Cash & Equivalents | $61.1M-28.5% | $85.5M-30.1% | $122.3M-37.1% | $194.5M-61.9% | $510.6M+244.8% | $148.1M+77.1% | $83.6M+101.0% | $41.6M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | $1.2M-23.6% | $1.6M |
| Accounts Receivable | $369K-89.8% | $3.6M-21.2% | $4.6M+15.5% | $4.0M+102.7% | $2.0M+57.4% | $1.3M-51.8% | $2.6M+33.3% | $1.9M |
| Total Liabilities | $282.8M+17.7% | $240.3M+6.3% | $226.1M-2.8% | $232.5M-17.3% | $281.0M+106.6% | $136.0M+1.4% | $134.2M+519.6% | $21.7M |
| Current Liabilities | $281.0M+16.9% | $240.3M+11.8% | $214.9M+994.1% | $19.6M+137.9% | $8.3M-5.7% | $8.8M-41.6% | $15.0M+346.0% | $3.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | $130.5M+8.5% | $120.2M+547.5% | $18.6M |
| Total Equity | $816.9M-8.3% | $890.9M+7.5% | $828.9M+5.7% | $784.0M+46.2% | $536.3M+181.2% | $190.7M+19.5% | $159.6M+94.0% | $82.3M |
| Retained Earnings | -$745.0M-11.3% | -$669.5M-1.3% | -$661.2M-142.9% | -$272.2M-52.4% | -$178.7M-27.5% | -$140.2M-112.9% | -$65.8M+52.2% | -$137.6M |
Not reported in any period shown, so not listed: Goodwill.
LAR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$4.7M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $277K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$4.9M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $12.7M |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $7.7M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LAR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q4'19 | Q4'18 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.30-0.2x | 0.49-0.1x | 0.62-17.5x | 18.13-46.4x | 64.51+46.9x | 17.63+11.4x | 6.20-7.8x | 13.96 |
| Debt-to-Equity | 0.35+0.1x | 0.270.0x | 0.270.0x | 0.30-0.2x | 0.52-0.2x | 0.68-0.1x | 0.75+0.5x | 0.23 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.
Note: The current ratio is below 1.0 (0.30), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Lithium Argentina AG Ranks
Frequently Asked Questions
Is Lithium Argentina AG profitable?
No, Lithium Argentina AG (LAR) reported a net income of -$76.9M in fiscal year 2025.
What is Lithium Argentina AG's return on equity (ROE)?
Lithium Argentina AG (LAR) has a return on equity of -9.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lithium Argentina AG's free cash flow?
Lithium Argentina AG (LAR) recorded an outflow of $30.0M in free cash flow during fiscal year 2025. This represents a -31.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lithium Argentina AG's operating cash flow?
Lithium Argentina AG (LAR) recorded an outflow of $30.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lithium Argentina AG's total assets?
Lithium Argentina AG (LAR) had $1.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lithium Argentina AG's capital expenditures?
Lithium Argentina AG (LAR) reported no capital expenditure during fiscal year 2025.
What is Lithium Argentina AG's current ratio?
Lithium Argentina AG (LAR) had a current ratio of 0.30 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Lithium Argentina AG's debt-to-equity ratio?
Lithium Argentina AG (LAR) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lithium Argentina AG's return on assets (ROA)?
Lithium Argentina AG (LAR) had a return on assets of -7.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lithium Argentina AG's Piotroski F-Score?
Lithium Argentina AG (LAR) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lithium Argentina AG's earnings high quality?
Lithium Argentina AG (LAR) reported a net loss of $76.9M while operations used $30.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.