earnings
confidence high
sentiment negative
materiality 0.75
Alico reports Q4 net loss of $18.1M, fiscal year net income of $7.0M on land sales
ALICO, INC.
- Q4 net loss of $18.1M ($2.38 loss per share) vs. $0.9M income year ago; revenue $0.9M.
- Fiscal year revenue $46.6M (+17% YoY); net income $7.0M ($0.91 EPS) vs. $1.8M.
- Recorded $19.5M inventory impairment on lower 2024-2025 harvest estimates.
- Sold ~18,354 acres for $86.2M gross proceeds during fiscal year.
- Amended MetLife credit agreement: RLOC increased to $95M, maturity extended to 2034.