ALICO INC
For the period ended Feb 7, 2024. Filed Feb 7, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Feb 7, 2024 · Filed Feb 7, 2024
ALCO$37.09-0.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · EBITDA and Adjusted EBITDA
EBITDA and Adjusted EBITDA
| (in thousands) | ||
|---|---|---|
| Three Months EndedDecember 31, | ||
| 2023 | 2022 | |
| Net income (loss) attributable to Alico, Inc. common stockholders | $42,945 | $(3,150) |
| Interest expense, net | 1,510 | 1,148 |
| Income tax provision (benefit) | 15,552 | (1,083) |
| Depreciation, depletion, and amortization | 3,804 | 3,950 |
| EBITDA | 63,811 | 865 |
| Non-GAAP Adjustments: | ||
| Inventory net realizable value adjustment | 10,846 | — |
| Employee stock compensation expense (1) | 56 | 149 |
| Federal relief - Hurricane Irma | — | (1,266) |
| Gain on sale of real estate, property and equipment and assets held for sale | (77,025) | (3,189) |
| Adjusted EBITDA | $(2,312) | $(3,441) |
| (1) Includes stock compensation expense for current executives, senior management and other employees. | ||
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