other material
confidence high
sentiment positive
materiality 0.75
Limoneira receives $10M from JV distribution; targets $50M EBITDA by FY2030
Limoneira CO
- Limoneira received $10M from $20M cash distribution from Harvest at Limoneira JV; total proceeds expected $180M over 7 fiscal years.
- Targets $50M adjusted EBITDA by FY2030, up from $15M in FY25, via avocado expansion, citrus growth, and asset monetization.
- Windfall Farms vineyard listed for sale at $33M; Agromin JV compost center expected $8M annual EBITDA.
- Net asset value per share estimated at $30.20-$38.95, compared to book value of $12.53.
- Sold 58 acre-feet of Santa Paula basin water pumping rights at $30,000/af, generating $1.7M; fallowing program yields $1.3M/yr.