2.27
2.27 (0%)
As of Feb 14, 2025
Local Bounti Corporation [LOCL]
Source:
Company Overview
Local Bounti Corporation/de is a controlled environment agriculture ("CEA") company that produces sustainably grown produce, focused primarily on living and loose leaf lettuce, arugula, spinach, and basil. Founded in 2018, and headquartered in Hamilton, Montana, Local Bounti utilizes its patented Stack & Flow Technology to grow healthy food sustainably and affordably.
| Country | United States |
| Headquarters | hamilton, montana |
| Phone Number | 406-361-3711 |
| Industry | |
| CEO | Craig M. Hurlbert |
| Website | localbounti.com |
Financial Year:
Financial Overview (Dollars in Millions)
| Revenue | $38.1 |
| Operating Profit | $-59 |
| Net Income | $-119.9 |
| Net Cash | $-9.4 |
Profit Ratios
| Gross Margin | $4.1 |
| Operating Margin | -154.6 |
| Profit as % of Revenues | -3.4% |
| Profit as % of Assets | -29.6% |
| Profit as % of Stockholder Equity | 119.3% |
Management Effectiveness
| Return on Equity | 119.3% |
| Return on Assets | -28% |
| Turnover Ratio | 9.4% |
| EBITA | $-59 |
Balance Sheet and Cash Flow Measures
| Total Assets | $428 |
| Total Liabilities | $528.5 |
| Operating Cash Flow | $-27.1 |
| Investing Cash Flow | $-82.5 |
| Financing Cash Flow | $100.1 |
