Local Bounti Corporation (LOCL)
| Market Cap | 24.72M +19.5% |
| Revenue (ttm) | 45.98M +31.6% |
| Net Income | -122.34M |
| EPS | -9.18 |
| Shares Out | 22.27M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 9,874 |
| Open | 1.170 |
| Previous Close | 1.160 |
| Day's Range | 1.100 - 1.175 |
| 52-Week Range | 0.980 - 5.748 |
| Beta | 2.13 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 2026 |
About LOCL
Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, spinach, basil, 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.
Financial Performance
In 2024, Local Bounti's revenue was $38.14 million, an increase of 38.40% compared to the previous year's $27.56 million. Losses were -$119.90 million, -3.32% less than in 2023.
Financial StatementsNews
Local Bounti to Release Full Year 2025 Financial Results on Wednesday, March 25, 2026
HAMILTON, Mont., March 23, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release...
Local Bounti Secures $15 Million of New Capital to Advance Growth Strategy
HAMILTON, Mont., March 17, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it secured...
Local Bounti Receives Continued Listing Standard Notice from NYSE
HAMILTON, Mont., Feb. 11, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that on February...
Local Bounti Announces Third Quarter 2025 Financial Results
Reports 19% Year-Over-Year Revenue Growth While Advancing Strategic Partnership Discussions to Enable Capital-Efficient Expansion and Enhanced Returns Reduced Year-to-Date Annualized Expenses by Nearl...
Local Bounti to Release Third Quarter 2025 Financial Results on Wednesday, November 12, 2025
HAMILTON, Mont. , Nov. 10, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release...
Local Bounti Announces Second Quarter 2025 Financial Results
Reports 28% Year-Over-Year Revenue Growth Driven by Expanded Facility Operations and Strengthened Retail Relationships Achieved $7 Million in Annualized Expense Reductions in the First Half of 2025 wi...
Local Bounti Appoints Dane Almassy as Chief Commercial Officer
HAMILTON, Mont. , Aug. 13, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced the appointment...
Local Bounti to Release Second Quarter 2025 Financial Results on Wednesday, August 13, 2025
HAMILTON, Mont. , Aug. 8, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Secures Additional Financing with Existing Investors
Closed on $10 Million Convertible Note and Amended Credit Facility with $10 Million Principal Debt Reduction HAMILTON, Mont. , Aug. 4, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Loca...
Local Bounti Announces First Quarter 2025 Financial Results
Reports 38% Year-Over-Year Revenue Growth and Reaffirms Path to Positive Adjusted EBITDA in Third Quarter 2025 Through Expanded Distribution, Yield Improvements, and Disciplined Cost Management HAMILT...
Local Bounti to Release First Quarter 2025 Financial Results on Wednesday, May 14, 2025
HAMILTON, Mont. , May 12, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Announces Full Year 2024 Financial Results
Secured $27.5 million of new funding - closed $25 million of new equity proceeds and $2.5 million of capex financing under executed term sheet and completed the restructuring of its existing credit fa...
Local Bounti to Release Full Year 2024 Financial Results on Monday, March 31, 2025
HAMILTON, Mont. , March 28, 2025 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will releas...
Local Bounti Announces Multi-Year Award with Large Multinational Retailer
New distribution underscores Local Bounti's customer-centric approach and commercial momentum HAMILTON, Mont. , Dec. 16, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or t...
Local Bounti Announces Third Quarter 2024 Financial Results
Commercial momentum accelerating with expanded product assortment and increased growing capacity Increased scale driving strategic discussions with customers to align respective footprints for next ch...
Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024
HAMILTON, Mont., Nov. 11, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Announces Second Quarter 2024 Financial Results
Recently began shipping to Sam's Club and Brookshire's out of Texas facility Negotiating an additional $175 million financing commitment for a total of up to $400 million in capital commitments to sup...
Local Bounti Now Shipping Product to Brookshire Grocery Company
Expanded distribution brings Local Bounti's full assortment of product offerings to more than 180 BGC locations HAMILTON, Mont. , Aug. 12, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("...
Local Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024
HAMILTON, Mont. , Aug. 9, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release ...
Local Bounti Expands Distribution with Sam's Club
Now also Supplying Sam's Club from Local Bounti's Recently Opened Texas Facility HAMILTON, Mont. , July 22, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company")...
Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFO
Added Role of President Reflects Ms. Valiasek's Impact on Improved Operating Efficiency HAMILTON, Mont.
Local Bounti Announces NYSE Acceptance of Plan to Regain Listing Compliance
HAMILTON, Mont. , June 20, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today it received not...
Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting Ceremony
Expected to create approximately 50 jobs in the Mount Pleasant area Innovative CEA facility combines vertical and greenhouse technologies to grow sustainable produce year-round using less water and la...
Local Bounti Announces First Quarter 2024 Financial Results
First customer deliveries from Washington and Texas facilities shipping in second quarter Expands penetration in Pacific Northwest and Texas with new retail customers, including Albertsons Seattle and...
Local Bounti to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024
HAMILTON, Mont. , May 6, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release i...