secwatch.observer — SEC 8-K summary
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Issuer:     ALICO, INC. (ALCO)
CIK:        0000003545
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0000003545-25-000029
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alico posts Q1 net loss of $9.2M; initiates wind-down of citrus operations
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- Revenue $16.9M (+20.8% YoY) but net loss of $(9.2M) vs prior-year net income of $42.9M.
- Loss per diluted share $(1.20); Adjusted EBITDA $0.7M vs $(2.3M) prior year.
- Company plans to exit citrus operations after current crop harvest in 2025, transitioning to diversified land company.
- Expects ~$20M in land sale proceeds in FY2025; $73.5M in unused credit facilities available.
- No significant debt maturities until 2029; citrus production challenges continue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3545/000000354525000029/0000003545-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3545/000000354525000029/alco-20250212.htm
  HTML page:      https://secwatch.observer/filing/0000003545-25-000029

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