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Local Bounti Corporation (LOCL)

2.36

-0.09 (-3.67%)

At close: Apr 28, 2025, 3:43 PM

2.35

-0.42%

After-hours: Apr 28, 2025, 04:05 PM EDT

Local Bounti Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	38.14M	27.56M	19.47M	638K	82K	n/a
Cost of Revenue	34.05M	25.34M	17.26M	432K	91K	n/a
Gross Profit	4.09M	2.22M	2.21M	206K	-9K	n/a
Operating Income	-58.97M	-116.91M	-94.53M	-44.72M	-7.92M	-3.37M
Interest Income	n/a	n/a	16.73M	6.62M	522K	39K
Pretax Income	-119.9M	-124.02M	-111.07M	-56.09M	-8.41M	-3.41M
Net Income	-119.9M	-124.02M	-100.64M	-55.78M	-8.93M	-3.41M
Selling & General & Admin	40.77M	64.56M	82.68M	41.5M	6.83M	3.37M
Research & Development	22.29M	16.09M	14.06M	3.42M	1.08M	n/a
Other Expenses	n/a	38.48M	189K	-4.76M	-35K	n/a
Operating Expenses	63.06M	119.13M	96.74M	44.92M	7.88M	3.37M
Interest Expense	58.92M	25.75M	16.73M	5.13M	522K	n/a
Selling & Marketing Expenses	n/a	1.1M	900K	700K	n/a	n/a
Cost & Expenses	97.11M	144.47M	114M	45.35M	7.97M	3.37M
Income Tax Expense	n/a	n/a	-10.43M	-309K	522K	-39K
Shares Outstanding (Basic)	8.48M	7.94M	7.98M	6.64M	3.78M	771.79K
Shares Outstanding (Diluted)	8.48M	7.94M	7.98M	6.64M	3.82M	771.79K
EPS (Basic)	-14.14	-15.61	-12.62	-8.4	-2.36	-4.41
EPS (Diluted)	-14.14	-15.61	-12.62	-8.4	-2.34	-4.41
EBITDA	-42.11M	-85.14M	-83.91M	-50.28M	-7.6M	n/a
EBIT	-60.98M	-98.27M	-94.34M	-50.96M	-7.89M	-3.37M
Depreciation & Amortization	18.87M	13.13M	10.43M	684K	287K	3.37M