Local Bounti Corporation (LOCL)
NYSE: LOCL · IEX Real-Time Price · USD
2.950
-0.010 (-0.34%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Local Bounti Revenue

Local Bounti had revenue of $29.24M in the twelve months ending March 31, 2024, with 12.95% growth year-over-year. Revenue in the quarter ending March 31, 2024 was $8.38M with 25.16% year-over-year growth. In the year 2023, Local Bounti had annual revenue of $27.56M with 41.51% growth.

Revenue (ttm)
$29.24M
Revenue Growth
+12.95%
P/S Ratio
0.86
Revenue / Employee
$97,150
Employees
301
Market Cap
25.04M USD

Revenue Chart

History

Fiscal Year End Revenue Change Growth
Dec 31, 202327.56M8.08M41.51%
Dec 31, 202219.47M18.84M2,952.35%
Dec 31, 2021638.00K556.00K678.05%
Dec 31, 202082.00K--
Dec 31, 20190--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition