ALICO INC
For the period ended Feb 12, 2025. Filed Feb 12, 2025.
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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 12, 2025 · Filed Feb 12, 2025
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)
| Three Months EndedDecember 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating revenues: | ||
| Alico Citrus | $16,326 | $13,592 |
| Land Management and Other Operations | 568 | 393 |
| Total operating revenues | 16,894 | 13,985 |
| Operating expenses: | ||
| Alico Citrus | 25,111 | 28,107 |
| Land Management and Other Operations | 21 | 133 |
| Total operating expenses | 25,132 | 28,240 |
| Gross loss | (8,238) | (14,255) |
| General and administrative expenses | 2,586 | 3,272 |
| Loss from operations | (10,824) | (17,527) |
| Other (expense) income, net: | ||
| Interest income | 47 | 95 |
| Interest expense | (898) | (1,605) |
| Gain on sale of property and equipment | — | 77,025 |
| Other income, net | 244 | — |
| Total other (expense) income, net | (607) | 75,515 |
| (Loss) income before income taxes | (11,431) | 57,988 |
| Income tax (benefit) provision | (2,180) | 15,552 |
| Net (loss) income | (9,251) | 42,436 |
| Net loss attributable to noncontrolling interests | 84 | 509 |
| Net (loss) income attributable to Alico, Inc. common stockholders | $(9,167) | $42,945 |
| Per share information attributable to Alico, Inc. common stockholders: | ||
| Earnings per common share: | ||
| Basic | $(1.20) | $5.64 |
| Diluted | $(1.20) | $5.64 |
| Weighted-average number of common shares outstanding: | ||
| Basic | 7,633 | 7,616 |
| Diluted | 7,633 | 7,616 |
| Cash dividends declared per common share | $0.05 | $0.05 |
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