LOCL
Local Bounti Corporation
Price Chart
No historical data available
Latest Quote
$0.99
+0.01 (+0.55%)
Current Price
| Previous Close | $0.99 |
| Open | $0.99 |
| Day High | $1.02 |
| Day Low | $0.98 |
| Volume | 9,308 |
Stock Information
| Shares Outstanding | 23.38M |
| Total Debt | $541.70M |
| Cash Equivalents | $3.63M |
| Revenue | $51.84M |
| Net Income | $-67.26M |
| Sector | Consumer Defensive |
| Industry | Farm Products |
| Market Cap | $23.23M |
| EPS (TTM) | $-1.43 |
| Exchange | NYQ |
Recent Price History
No history data available. Data will be fetched automatically.
About Local Bounti Corporation
Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.
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Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $42,505,000 | $34,048,000 | $25,341,000 | $17,259,000 |
| Cost Of Revenue | $42,505,000 | $34,048,000 | $25,341,000 | $17,259,000 |
| Total Revenue | $48,365,000 | $38,138,000 | $27,557,000 | $19,474,000 |
| Operating Revenue | $48,365,000 | $38,138,000 | $27,557,000 | $19,474,000 |
| Expenses | ||||
| Interest Expense | $32,167,000 | $58,923,000 | $25,745,000 | $16,734,000 |
| Total Expenses | $110,992,000 | $97,106,000 | $105,986,000 | $114,000,000 |
| Other Income Expense | $415,000 | $-2,011,000 | $-19,841,000 | $189,000 |
| Other Non Operating Income Expenses | $3,773,000 | $-2,822,000 | $157,000 | $189,000 |
| Net Non Operating Interest Income Expense | $-32,167,000 | $-58,923,000 | $-25,745,000 | $-16,734,000 |
| Interest Expense Non Operating | $32,167,000 | $58,923,000 | $25,745,000 | $16,734,000 |
| Operating Expense | $68,487,000 | $63,058,000 | $80,645,000 | $96,741,000 |
| Selling And Marketing Expense | $9,143,000 | $7,893,000 | - | - |
| General And Administrative Expense | $33,769,000 | $32,878,000 | - | - |
| Other Operating Expenses | - | - | - | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Net Interest Income | $-32,167,000 | $-58,923,000 | $-25,745,000 | $-16,734,000 |
| Normalized Income | $-91,021,000 | $-120,713,000 | $-104,017,000 | $-111,071,000 |
| Net Income From Continuing And Discontinued Operation | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Total Operating Income As Reported | $-62,627,000 | $-58,968,000 | $-116,910,000 | $-94,526,000 |
| Net Income Common Stockholders | $-94,782,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Net Income | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Net Income Including Noncontrolling Interests | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Net Income Continuous Operations | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Pretax Income | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Operating Income | $-62,627,000 | $-58,968,000 | $-78,429,000 | $-94,526,000 |
| Gross Profit | $5,860,000 | $4,090,000 | $2,216,000 | $2,215,000 |
| Special Income Charges | - | $0 | $-38,481,000 | $0 |
| Per Share | ||||
| Diluted EPS | $-5.61 | $-14.14 | $-15.61 | $-16.51 |
| Basic EPS | $-5.61 | $-14.14 | $-15.61 | $-16.51 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-35,657,000 | $-42,919,000 | $-65,140,000 | $-83,910,000 |
| Total Unusual Items | $-3,358,000 | $811,000 | $-19,998,000 | $0 |
| Total Unusual Items Excluding Goodwill | $-3,358,000 | $811,000 | $-19,998,000 | $0 |
| Reconciled Depreciation | $23,197,000 | $18,871,000 | $13,132,000 | $10,427,000 |
| EBITDA (Bullshit earnings) | $-39,015,000 | $-42,108,000 | $-85,138,000 | $-83,910,000 |
| EBIT | $-62,212,000 | $-60,979,000 | $-98,270,000 | $-94,337,000 |
| Diluted Average Shares | $16,895,925 | $8,480,247 | $7,943,874 | $6,701,125 |
| Basic Average Shares | $16,895,925 | $8,480,247 | $7,943,874 | $6,701,125 |
| Diluted NI Availto Com Stockholders | $-94,782,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Preferred Stock Dividends | $403,000 | - | - | - |
| Gain On Sale Of Security | $-3,358,000 | $811,000 | $18,483,000 | - |
| Research And Development | $25,575,000 | $22,287,000 | $16,086,000 | $14,059,000 |
| Selling General And Administration | $42,912,000 | $40,771,000 | $64,559,000 | $82,682,000 |
| Other Gand A | $33,769,000 | $32,878,000 | - | - |
| Impairment Of Capital Assets | - | $0 | $38,481,000 | $0 |
| Tax Provision | - | - | - | - |
| Other Special Charges | - | - | - | - |
Fetched: 2026-08-31
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $-197,015,000 | $-138,283,000 | $-26,080,000 | $35,579,000 |
| Total Assets | $410,493,000 | $428,035,000 | $381,752,000 | $278,740,000 |
| Total Non Current Assets | $388,466,000 | $409,212,000 | $354,764,000 | $244,636,000 |
| Goodwill And Other Intangible Assets | $30,778,000 | $37,783,000 | $41,353,000 | $85,754,000 |
| Other Intangible Assets | $30,778,000 | $37,783,000 | $41,353,000 | $47,273,000 |
| Current Assets | $22,027,000 | $18,823,000 | $26,988,000 | $34,104,000 |
| Other Current Assets | $1,686,000 | $2,261,000 | $2,805,000 | $2,881,000 |
| Restricted Cash | $6,486,000 | $6,529,000 | $6,569,000 | $11,272,000 |
| Inventory | $7,419,000 | $6,814,000 | $4,210,000 | $3,594,000 |
| Receivables | $2,203,000 | $2,282,000 | $3,078,000 | $2,691,000 |
| Accounts Receivable | $2,203,000 | $2,282,000 | $3,078,000 | $2,691,000 |
| Cash Cash Equivalents And Short Term Investments | $4,233,000 | $937,000 | $10,326,000 | $13,666,000 |
| Cash And Cash Equivalents | $4,233,000 | $937,000 | $10,326,000 | $13,666,000 |
| Other Non Current Assets | - | $101,000 | $73,000 | $901,000 |
| Allowance For Doubtful Accounts Receivable | - | - | $-100,000 | $-100,000 |
| Gross Accounts Receivable | - | - | $3,178,000 | $2,791,000 |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $478,887,000 | $435,845,000 | $267,659,000 | $106,148,000 |
| Total Debt | $483,413,000 | $437,156,000 | $278,196,000 | $120,085,000 |
| Long Term Debt And Capital Lease Obligation | $483,300,000 | $416,840,000 | $278,099,000 | $120,001,000 |
| Long Term Debt | $483,120,000 | $416,577,000 | $277,985,000 | $119,814,000 |
| Current Debt And Capital Lease Obligation | $113,000 | $20,316,000 | $97,000 | $84,000 |
| Current Debt | - | $20,205,000 | - | - |
| Other Current Borrowings | - | $20,205,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $576,730,000 | $528,535,000 | $366,479,000 | $157,407,000 |
| Total Non Current Liabilities Net Minority Interest | $560,420,000 | $473,099,000 | $334,538,000 | $134,140,000 |
| Other Non Current Liabilities | $51,343,000 | $49,856,000 | $49,225,000 | $14,139,000 |
| Derivative Product Liabilities | $11,262,000 | $6,403,000 | $7,214,000 | $0 |
| Current Liabilities | $16,310,000 | $55,436,000 | $31,941,000 | $23,267,000 |
| Other Current Liabilities | $762,000 | $51,000 | - | - |
| Payables And Accrued Expenses | $15,435,000 | $35,069,000 | $31,844,000 | $23,183,000 |
| Interest Payable | $1,613,000 | $15,293,000 | $9,786,000 | $4,372,000 |
| Payables | $11,782,000 | $16,987,000 | $14,640,000 | $13,757,000 |
| Accounts Payable | $11,782,000 | $16,987,000 | $14,640,000 | $13,757,000 |
| Current Notes Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $-166,237,000 | $-100,500,000 | $15,273,000 | $121,333,000 |
| Total Equity Gross Minority Interest | $-166,237,000 | $-100,500,000 | $15,273,000 | $121,333,000 |
| Stockholders Equity | $-166,237,000 | $-100,500,000 | $15,273,000 | $121,333,000 |
| Retained Earnings | $-517,609,000 | $-423,230,000 | $-303,328,000 | $-179,313,000 |
| Other | ||||
| Ordinary Shares Number | $22,223,800 | $8,656,122 | $8,311,229 | $7,976,971 |
| Share Issued | $22,223,800 | $8,656,122 | $8,311,229 | $7,976,971 |
| Tangible Book Value | $-197,015,000 | $-138,283,000 | $-26,080,000 | $35,579,000 |
| Invested Capital | $316,883,000 | $336,282,000 | $293,258,000 | $241,147,000 |
| Working Capital | $5,717,000 | $-36,613,000 | $-4,953,000 | $10,837,000 |
| Capital Lease Obligations | $293,000 | $374,000 | $211,000 | $271,000 |
| Total Capitalization | $316,883,000 | $316,077,000 | $293,258,000 | $241,147,000 |
| Additional Paid In Capital | $351,371,000 | $322,729,000 | $318,600,000 | $300,645,000 |
| Capital Stock | $1,000 | $1,000 | $1,000 | $1,000 |
| Common Stock | $1,000 | $1,000 | $1,000 | $1,000 |
| Non Current Accrued Expenses | $14,515,000 | $0 | - | - |
| Long Term Capital Lease Obligation | $180,000 | $263,000 | $114,000 | $187,000 |
| Current Capital Lease Obligation | $113,000 | $111,000 | $97,000 | $84,000 |
| Current Accrued Expenses | $3,653,000 | $18,082,000 | $17,204,000 | $9,426,000 |
| Net PPE | $357,688,000 | $371,328,000 | $313,338,000 | $157,981,000 |
| Accumulated Depreciation | $-47,984,000 | $-28,551,000 | $-13,334,000 | $-6,371,000 |
| Gross PPE | $405,672,000 | $399,879,000 | $326,672,000 | $164,352,000 |
| Construction In Progress | $4,660,000 | $6,039,000 | $196,324,000 | $56,753,000 |
| Other Properties | $261,000 | $350,000 | $172,000 | $137,000 |
| Machinery Furniture Equipment | $119,440,000 | $115,373,000 | $44,169,000 | $32,774,000 |
| Buildings And Improvements | $262,058,000 | $258,864,000 | $66,754,000 | $55,392,000 |
| Land And Improvements | $19,253,000 | $19,253,000 | $19,253,000 | $19,296,000 |
| Properties | $0 | $0 | $0 | $0 |
| Inventories Adjustments Allowances | $-1,239,000 | $-1,252,000 | $-753,000 | $-691,000 |
| Finished Goods | $5,972,000 | $5,717,000 | $3,120,000 | $2,267,000 |
| Raw Materials | $2,686,000 | $2,349,000 | $1,843,000 | $2,018,000 |
| Goodwill | - | - | $0 | $38,481,000 |
| Work In Process | - | - | - | $413,000 |
| Leases | - | - | - | - |
| Other Inventories | - | - | - | - |
Fetched: 2026-08-31
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-41,925,000 | $-109,515,000 | $-195,422,000 | $-130,641,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-30,336,000 | $-27,061,000 | $-33,157,000 | $-48,808,000 |
| Cash Flow From Continuing Operating Activities | $-30,336,000 | $-27,061,000 | $-33,157,000 | $-48,808,000 |
| Operating Gains Losses | $3,622,000 | $840,000 | $-13,774,000 | $3,303,000 |
| Investing Activities | ||||
| Capital Expenditure | $-11,589,000 | $-82,454,000 | $-162,265,000 | $-81,833,000 |
| Investing Cash Flow | $-11,589,000 | $-82,454,000 | $-162,265,000 | $-172,385,000 |
| Cash Flow From Continuing Investing Activities | $-11,589,000 | $-82,454,000 | $-162,265,000 | $-172,385,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $24,481,000 | $0 | $0 | $23,300,000 |
| Financing Cash Flow | $45,178,000 | $100,086,000 | $187,379,000 | $145,054,000 |
| Cash Flow From Continuing Financing Activities | $45,178,000 | $100,086,000 | $187,379,000 | $145,054,000 |
| Net Other Financing Charges | $380,000 | - | $34,774,000 | $-2,895,000 |
| Net Preferred Stock Issuance | $20,938,000 | $0 | - | - |
| Preferred Stock Issuance | $20,938,000 | $0 | - | - |
| Net Common Stock Issuance | $3,543,000 | $0 | $-3,000 | $23,300,000 |
| Common Stock Issuance | $3,543,000 | $0 | $0 | $23,300,000 |
| Repurchase Of Capital Stock | - | $0 | $-3,000 | $0 |
| Cash Dividends Paid | - | - | - | $0 |
| Other | ||||
| Repayment Of Debt | $-51,000 | $-27,000 | $0 | $0 |
| Issuance Of Debt | $20,368,000 | $100,113,000 | $152,608,000 | $124,649,000 |
| Interest Paid Supplemental Data | $4,044,000 | $5,545,000 | $4,039,000 | $10,743,000 |
| End Cash Position | $10,719,000 | $7,466,000 | $16,895,000 | $24,938,000 |
| Beginning Cash Position | $7,466,000 | $16,895,000 | $24,938,000 | $101,077,000 |
| Changes In Cash | $3,253,000 | $-9,429,000 | $-8,043,000 | $-76,139,000 |
| Net Issuance Payments Of Debt | $20,317,000 | $100,086,000 | $152,608,000 | $124,649,000 |
| Net Long Term Debt Issuance | $20,317,000 | $100,086,000 | $152,608,000 | $124,649,000 |
| Long Term Debt Payments | $-51,000 | $-27,000 | $0 | $0 |
| Long Term Debt Issuance | $20,368,000 | $100,113,000 | $152,608,000 | $124,649,000 |
| Net PPE Purchase And Sale | $-11,589,000 | $-82,454,000 | $-162,265,000 | $-81,833,000 |
| Purchase Of PPE | $-11,589,000 | $-82,454,000 | $-162,265,000 | $-81,833,000 |
| Change In Working Capital | $255,000 | $8,793,000 | $5,105,000 | $5,438,000 |
| Change In Other Current Liabilities | $60,000 | $12,000 | $-96,000 | $151,000 |
| Change In Other Current Assets | $101,000 | $-28,000 | $-48,000 | $2,328,000 |
| Change In Payables And Accrued Expense | $213,000 | $10,468,000 | $5,543,000 | $2,293,000 |
| Change In Accrued Expense | $-1,325,000 | $3,825,000 | $5,609,000 | $177,000 |
| Change In Payable | $1,538,000 | $6,643,000 | $-66,000 | $2,116,000 |
| Change In Account Payable | $1,538,000 | $6,643,000 | $-66,000 | $2,116,000 |
| Change In Prepaid Assets | $412,000 | $544,000 | $776,000 | $1,397,000 |
| Change In Inventory | $-593,000 | $-3,102,000 | $-678,000 | $-88,000 |
| Change In Receivables | $62,000 | $899,000 | $-392,000 | $-643,000 |
| Changes In Account Receivables | $62,000 | $899,000 | $-392,000 | $-643,000 |
| Other Non Cash Items | $28,073,000 | $59,366,000 | $31,573,000 | $3,219,000 |
| Stock Based Compensation | $5,191,000 | $3,348,000 | $16,274,000 | $39,166,000 |
| Provisionand Write Offof Assets | $5,000 | $395,000 | $67,000 | $710,000 |
| Asset Impairment Charge | $3,700,000 | $1,228,000 | $38,481,000 | $0 |
| Depreciation Amortization Depletion | $23,197,000 | $18,871,000 | $13,132,000 | $10,427,000 |
| Depreciation And Amortization | $23,197,000 | $18,871,000 | $13,132,000 | $10,427,000 |
| Amortization Cash Flow | $3,305,000 | $3,570,000 | $5,920,000 | $5,027,000 |
| Amortization Of Intangibles | $3,305,000 | $3,570,000 | $5,920,000 | $5,027,000 |
| Depreciation | $19,892,000 | $15,301,000 | $7,212,000 | $5,400,000 |
| Gain Loss On Investment Securities | $3,358,000 | $-811,000 | $-18,483,000 | - |
| Gain Loss On Sale Of PPE | $264,000 | $1,651,000 | $4,709,000 | $2,568,000 |
| Net Income From Continuing Operations | $-94,379,000 | $-119,902,000 | $-124,015,000 | $-111,071,000 |
| Common Stock Payments | - | $0 | $-3,000 | $0 |
| Net Business Purchase And Sale | - | - | $0 | $-90,552,000 |
| Purchase Of Business | - | - | $0 | $-90,552,000 |
Fetched: 2026-08-31