ALICO INC
For the period ended Dec 2, 2024. Filed Dec 2, 2024.
View on SEC.govAbout this filing
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 share amounts)
(in thousands, except share amounts)
| September 30,2024 | September 30,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $3,150 | $1,062 |
| Accounts receivable, net | 771 | 712 |
| Inventories | 30,084 | 52,481 |
| Income tax receivable | 1,958 | 1,200 |
| Assets held for sale | 3,106 | 1,632 |
| Prepaid expenses and other current assets | 1,558 | 1,718 |
| Total current assets | 40,627 | 58,805 |
| Restricted cash | 248 | 2,630 |
| Property and equipment, net | 352,733 | 361,849 |
| Goodwill | 2,246 | 2,246 |
| Other non-current assets | 2,865 | 2,823 |
| Total assets | $398,719 | $428,353 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $3,362 | $6,311 |
| Accrued liabilities | 5,366 | 5,363 |
| Current portion of long-term debt | 1,410 | 2,566 |
| Other current liabilities | 513 | 825 |
| Total current liabilities | 10,651 | 15,065 |
| Long-term debt, net | 82,313 | 101,410 |
| Lines of credit | 8,394 | 24,722 |
| Deferred income tax liabilities, net | 40,873 | 36,410 |
| Other liabilities | 193 | 369 |
| Total liabilities | 142,424 | 177,976 |
| Commitments and Contingencies (Note 14) | ||
| Stockholders' equity: | ||
| Preferred stock, no par value, 1,000,000 shares authorized; none issued | — | — |
| Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 shares issued and 7,628,639 and 7,610,551 shares outstanding at September 30, 2024 and September 30, 2023, respectively | 8,416 | 8,416 |
| Additional paid in capital | 20,184 | 20,045 |
| Treasury stock, at cost, 787,506 and 806,341 shares held at September 30, 2024 and September 30, 2023, respectively | (26,694) | (27,274) |
| Retained earnings | 249,253 | 243,804 |
| Total Alico stockholders’ equity | 251,159 | 244,991 |
| Noncontrolling interest | 5,136 | 5,386 |
| Total stockholders’ equity | 256,295 | 250,377 |
| Total liabilities and stockholders’ equity | $398,719 | $428,353 |
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