Local Bounti Corporation (LOCL)
NYSE: LOCL · Real-Time Price · USD
2.450
-0.026 (-1.05%)
Nov 4, 2024, 3:48 PM EST - Market closed
Local Bounti Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 31.5 | 27.56 | 19.47 | 0.64 | 0.08 | - |
| Revenue Growth (YoY) | 17.53% | 41.51% | 2952.35% | 678.05% | - | - |
| Cost of Revenue | 28.28 | 25.34 | 16.22 | 0.43 | 0.09 | - |
| Gross Profit | 3.22 | 2.22 | 3.26 | 0.21 | -0.01 | - |
| Selling, General & Admin | 50.17 | 64.56 | 78.28 | 41.5 | 6.83 | 3.37 |
| Research & Development | 16.99 | 16.09 | 14.06 | 3.43 | 1.08 | - |
| Operating Expenses | 67.16 | 80.65 | 92.34 | 44.92 | 7.91 | 3.37 |
| Operating Income | -63.94 | -78.43 | -89.08 | -44.72 | -7.92 | -3.37 |
| Interest Expense | -37.08 | -25.75 | -16.73 | -6.62 | -0.52 | -0.04 |
| Other Non Operating Income (Expenses) | 0.12 | 0.16 | 0.19 | 0.31 | 0.04 | - |
| EBT Excluding Unusual Items | -100.9 | -104.02 | -105.63 | -51.03 | -8.41 | -3.41 |
| Merger & Restructuring Charges | - | - | -5.44 | - | - | - |
| Impairment of Goodwill | -38.48 | -38.48 | - | - | - | - |
| Other Unusual Items | 0.25 | 18.48 | - | -5.07 | - | - |
| Pretax Income | -139.13 | -124.02 | -111.07 | -56.09 | -8.41 | -3.41 |
| Net Income | -139.13 | -124.02 | -111.07 | -56.09 | -8.41 | -3.41 |
| Net Income to Common | -139.13 | -124.02 | -111.07 | -56.09 | -8.41 | -3.41 |
| Shares Outstanding (Basic) | 8 | 8 | 7 | 4 | 4 | - |
| Shares Outstanding (Diluted) | 8 | 8 | 7 | 4 | 4 | - |
| Shares Change (YoY) | 11.70% | 18.55% | 64.71% | 6.47% | - | - |
| EPS (Basic) | -16.94 | -15.61 | -16.57 | -13.79 | -2.20 | - |
| EPS (Diluted) | -16.94 | -15.61 | -16.57 | -13.79 | -2.20 | - |
| Free Cash Flow | -174.06 | -195.42 | -130.64 | -49.77 | -7.26 | -4.86 |
| Free Cash Flow Per Share | -21.19 | -24.60 | -19.50 | -12.23 | -1.90 | - |
| Gross Margin | 10.23% | 8.04% | 16.72% | 32.29% | -10.98% | - |
| Operating Margin | -202.96% | -284.61% | -457.45% | -7008.93% | -9660.98% | - |
| Profit Margin | -441.65% | -450.03% | -570.36% | -8792.01% | -10254.88% | - |
| Free Cash Flow Margin | -552.52% | -709.16% | -670.85% | -7801.57% | -8853.66% | - |
| EBITDA | -50.46 | -65.3 | -78.66 | -44.03 | -7.64 | - |
| EBITDA Margin | -160.18% | -236.95% | - | - | - | - |
| D&A For EBITDA | 13.48 | 13.13 | 10.43 | 0.68 | 0.29 | - |
| EBIT | -63.94 | -78.43 | -89.08 | -44.72 | -7.92 | -3.37 |
| EBIT Margin | -202.96% | -284.61% | - | - | - | - |
| Advertising Expenses | - | 1.1 | 0.9 | 0.7 | - | - |
Source: S&P Capital IQ. Standard template. Financial Sources.