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 · (in thousands, except per share amounts)
(in thousands, except per share amounts)
| Years Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating revenues: | ||
| Alico Citrus | $45,059 | $38,145 |
| Land Management and Other Operations | 1,584 | 1,701 |
| Total operating revenues | 46,643 | 39,846 |
| Operating expenses: | ||
| Alico Citrus | 102,628 | 32,959 |
| Land Management and Other Operations | 398 | 441 |
| Total operating expenses | 103,026 | 33,400 |
| Gross (loss) profit | (56,383) | 6,446 |
| General and administrative expenses | 11,071 | 10,643 |
| Loss from operations | (67,454) | (4,197) |
| Other income (expense), net: | ||
| Interest income | 385 | 58 |
| Interest expense | (3,538) | (4,911) |
| Gain on sale of property & equipment | 81,559 | 11,509 |
| Total other income, net | 78,406 | 6,656 |
| Income before income taxes | 10,952 | 2,459 |
| Income tax provision | 4,597 | 801 |
| Net income | 6,355 | 1,658 |
| Net loss attributable to noncontrolling interests | 618 | 177 |
| Net income attributable to Alico, Inc. common stockholders | $6,973 | $1,835 |
| Per share information attributable to Alico, Inc. common stockholders: | ||
| Earnings per common share: | ||
| Basic | $0.91 | $0.24 |
| Diluted | $0.91 | $0.24 |
| Weighted-average number of common shares outstanding: | ||
| Basic | 7,622 | 7,602 |
| Diluted | 7,622 | 7,602 |
| Cash dividends declared per common share | $0.20 | $0.20 |
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