Alico

Alico, Inc. is a holding company, which engages in the operations of agriculture, land management, and natural resources. It operates through the Alico Citrus, and Land Management and Other Operations segments. The Alico Citrus segment cultivates citrus trees to produce citrus for delivery to the processed and fresh citrus markets. The Land Management and Other Operations segment offers land leasing for recreational and grazing purposes, conservation, and mining activities. The company was founded on February 29, 1960 and is headquartered in Fort Myers, FL.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Alico reports Q1 loss post-Hurricane Ian, eyes citrus grove growth

Alico faced a challenging Q1 2023 with a net loss of $3.2 million, primarily due to reduced revenue from fruit drop caused by Hurricane Ian, impacting total operating revenue.
Despite the challenges, the company maintained a stable financial position with working capital of $27.3 million and successfully extended its credit line to manage through the impacts.
Looking ahead, Alico sees opportunities in the productivity of its citrus groves, new tree plantations, and strategic land sales to drive future growth and revenue generation.

Alico reports Q2 loss post-Hurricane Ian, focuses on future growth

Alico faced revenue challenges from Hurricane Ian, leading to a net loss in Q2 2023. Despite this, the company maintains strong liquidity and a focus on future growth through investments in tree planting and new therapies.

Alico reports Q3 net income of $11.8M amidst citrus challenges

Alico navigated challenges from Hurricane Ian with resilience, leveraging insurance proceeds for financial stability.
Operational improvements like OTC therapy usage demonstrate a commitment to long-term sustainability and growth.
Strategic partnerships, upcoming harvest season, and cost management present opportunities for Alico's continued success.

Alico faces income loss post-Hurricane Ian but maintains financial stability

Alico navigated challenges from Hurricane Ian, resulting in decreased box production and a net income loss, but maintained financial stability with a strong balance sheet and proactive debt reduction strategies.
The company's focus on recovery efforts, including citrus tree rehabilitation and grove management, positions Alico for future growth opportunities despite the setbacks faced in the previous fiscal year.

Alico reports improved Q1 performance, debt reduction, and sustainability focus

Alico's Q1 2024 performance showed resilience in overcoming challenges, with a focus on debt reduction, sustainability, and operational improvements. The company remains cautiously optimistic about future harvests and its commitment to the citrus industry.

Alico faces citrus production challenges but pursues growth opportunities

Alico's Q2 2024 performance was impacted by Hurricane Ian's effects on citrus production, leading to a net loss, but the company remains focused on strategic initiatives to drive future growth and enhance shareholder value.
Despite challenges in citrus production and revenue timing, Alico is leveraging opportunities through increased tree treatments, contract renewals, and asset monetization to position itself for long-term success.

Alico reports $7M net income for FY 2024 amidst operational challenges

Alico navigated challenges from Hurricane Ian, impacting operations but reported a net income of $7 million for FY 2024. The company's focus on financial stability, operational income potential, and maximizing shareholder value remains strong.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Alico (ALCO) delivered earnings and revenue surprises of 54.55% and 18.67%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Alico (ALCO) Surpasses Q3 Earnings and Revenue Estimates

FORT MYERS, Fla., Aug. 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2021 and the nine months ended June 30, 2021, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2021

Alico (ALCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Alico (ALCO) Reports Next Week: Wall Street Expects Earnings Growth

Alico is one of the largest citrus producers in the US, but it trades at a 22% discount on its land assets (at least). On top of that, it operates a profitable business that trades at 11x PE and yields 5.5%.

Alico: Overlooked Citrus Producer Trading At 11x PE, Yielding 5.5%, All While Trading At A Discount To Its Land Assets

Company to Host Conference Call at 8:30 AM Eastern Daylight Time Company to Host Conference Call at 8:30 AM Eastern Daylight Time

Alico, Inc. to Announce Third Quarter 2021 Financial Results on Thursday, August 5, 2021

FORT MYERS, Fla., June 14, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces significant activities that will continue to support its business strategy and generate greater returns for our shareholders.

Alico, Inc. Announces Substantial Increase in Dividend, Additional Ranch Land Sales and Update on ESG Initiative

FORT MYERS, Fla., June 03, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will host one-on-one and small group meetings at the Oppenheimer 21st Annual Consumer Growth and E-Commerce Conference. The conference is being held June 15-16, 2021 in a virtual format. To schedule a meeting with Alico, please contact your Oppenheimer sales representative.

Alico, Inc. to Participate at the 21st Annual Oppenheimer Consumer Growth and E-Commerce Conference

FORT MYERS, Fla., May 10, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will present at the 16th Annual BMO Farm to Market Conference.

Alico, Inc. to Participate at the 16th Annual BMO Farm to Market Conference

Alico is facing many headwinds, which have produced stagnation in revenues during the last decade. The company has been divesting low-income producing land and gross profit margins are improving.

Alico: A Very Conservative Company In A Stormy Industry

Alico, Inc. (ALCO) CEO John Kiernan on Q2 2021 Results - Earnings Call Transcript

Alico (ALCO) delivered earnings and revenue surprises of -35.29% and 0.44%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Alico (ALCO) Misses Q2 Earnings Estimates

Shares of Alico (NASDAQ:ALCO) decreased 2.2% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 127.59% year over year to $0.66, which missed the estimate of $1.02.

Alico: Q2 Earnings Insights

FORT MYERS, Fla., May 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the second quarter of fiscal year 2021 and the six months ended March 31, 2021, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Second Quarter and Six Months Ended March 31, 2021

FORT MYERS, Fla., May 05, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces significant enhancements that are expected to generate greater returns for our shareholders.

Alico, Inc. Announces Strategic Actions to Increase Long-term Shareholder Returns

Alico (ALCO) Earnings Expected to Grow: Should You Buy?

Alico, Inc. to Announce Second Quarter 2021 Financial Results on Wednesday, May 5, 2021

FORT MYERS, Fla., April 15, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the State of Florida purchased, under the Florida Forever program, approximately 5,734 acres of Alico Ranch for $14.4 million, pursuant to an option agreement entered into between the State of Florida and Alico earlier this fiscal year.

Alico, Inc. Announces Completion of Sale of Land to State of Florida

FORT MYERS, Fla., March 04, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, and Richard Rallo, the Company's Senior Vice President and Chief Financial Officer, will participate at the 33rd Annual ROTH Conference, to be held virtually March 15-17, 2021.

Alico, Inc. to Participate at the 33rd Annual ROTH Conference

Alico, Inc. (ALCO) CEO John Kiernan on Q1 2021 Results - Earnings Call Transcript

FORT MYERS, Fla., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2020, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2020

Company to Host Conference Call at 8:30 AM Eastern Time Company to Host Conference Call at 8:30 AM Eastern Time

Alico, Inc. to Announce First Quarter 2021 Financial Results on Thursday, February 4, 2021

FORT MYERS, Fla., Dec. 29, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present at the 23r d Annual ICR Conference to be held virtually January 11-14, 2021.

Alico, Inc. to Present at 23rd Annual ICR Conference

FORT MYERS, Fla., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) announces today that the State of Florida approved entering into an option agreement submitted by Alico which grants the State an option to purchase approximately 5,804 acres of Alico Ranch for approximately $14.6 million under the Florida Forever program.

State of Florida approves option agreement with Alico to acquire approximately 5,804 acres of Alico Ranch

Alico, Inc. (ALCO) CEO John Kiernan on Q4 2020 Results - Earnings Call Transcript

FORT MYERS, Fla., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2020, the highlights which are as follows:

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2020, Increases Quarterly Dividend by 100% and Provides Initial Fiscal Year 2021 Financial Guidance

News for Alico Stock (ALCO)