ALICO INC
For the period ended Dec 2, 2024. Filed Dec 2, 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.
Dec 2, 2024 · Filed Dec 2, 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 Ended September 30, | Years Ended September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| Net {loss) income attributable to Alico, Inc. common stockholders | $(18,124) | $940 | $6,973 | $1,835 |
| Interest expense, net | 602 | 1,235 | 3,153 | 4,853 |
| Income tax provision | (5,124) | 495 | 4,597 | 801 |
| Depreciation, depletion and amortization | 3,693 | 3,802 | 15,010 | 15,487 |
| EBITDA | (18,953) | 6,472 | 29,733 | 22,976 |
| Non-GAAP Adjustments: | ||||
| Inventory net realizable value adjustment | 19,550 | — | 48,099 | 1,616 |
| Employee stock compensation expense (1) | 57 | 66 | 226 | 347 |
| Federal relief - Hurricane Irma | — | — | — | (1,315) |
| Insurance proceeds - Hurricane Ian | — | (5,987) | (299) | (28,228) |
| Gain on sale of property and equipment | (39) | (4,141) | (81,559) | (11,509) |
| Adjusted EBITDA | $615 | $(3,590) | $(3,800) | $(16,113) |
| (1) Includes stock compensation expense for current executives, senior management and other employees. | ||||
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