Local Bounti Corporation/DE financial data

Symbol
LOCL on NYSE, LOCLW on OTC
Industry
Agricultural Production-Crops
Location
490 Foley Lane, Hamilton, MT
State of incorporation
DE
Fiscal year end
December 31
Former names
Leo Holdings III Corp. (to 11/22/2021)
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 48.1 % -54.9%
Quick Ratio 12.9 % -11.5%
Debt-to-equity -921 % -342%
Return On Equity 230 %
Return On Assets -28 % +19.6%
Operating Margin -155 % +63.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.6M shares +26%
Common Stock, Shares, Outstanding 8.66M shares +4.15%
Entity Public Float 14.9M USD +3.47%
Common Stock, Value, Issued 1K USD 0%
Weighted Average Number of Shares Outstanding, Basic 8.48M shares +6.75%
Weighted Average Number of Shares Outstanding, Diluted 8.48M shares +6.75%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 38.1M USD +38.4%
Research and Development Expense 22.3M USD +38.5%
Operating Income (Loss) -59M USD +49.6%
Net Income (Loss) Attributable to Parent -120M USD +3.32%
Earnings Per Share, Basic -14.1 USD/shares +9.42%
Earnings Per Share, Diluted -14.1 USD/shares +9.42%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 937K USD -90.9%
Accounts Receivable, after Allowance for Credit Loss, Current 2.28M USD -25.9%
Inventory, Net 6.81M USD +61.9%
Assets, Current 18.8M USD -30.3%
Property, Plant and Equipment, Net 371M USD +18.5%
Operating Lease, Right-of-Use Asset 73K USD -57.6%
Intangible Assets, Net (Excluding Goodwill) 37.8M USD -8.63%
Goodwill 0 USD -100%
Other Assets, Noncurrent 101K USD +38.4%
Assets 428M USD +12.1%
Accounts Payable, Current 17M USD +16%
Accrued Liabilities, Current 18.1M USD +5.1%
Liabilities, Current 55.4M USD +73.6%
Operating Lease, Liability, Noncurrent 57K USD -50%
Liabilities 529M USD +44.2%
Retained Earnings (Accumulated Deficit) -423M USD -39.5%
Stockholders' Equity Attributable to Parent -101M USD -758%
Liabilities and Equity 428M USD +12.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -7.08M USD +9.54%
Net Cash Provided by (Used in) Financing Activities 39.9M USD +73.2%
Net Cash Provided by (Used in) Investing Activities -35M USD -7.04%
Common Stock, Shares Authorized 400M shares 0%
Common Stock, Shares, Issued 8.66M shares +4.15%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.16M USD +87.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.47M USD -55.8%
Deferred Tax Assets, Valuation Allowance 97.2M USD +47%
Deferred Tax Assets, Gross 116M USD +39.1%
Operating Lease, Liability 87K USD -58.8%
Depreciation 15.3M USD +112%
Payments to Acquire Property, Plant, and Equipment 35M USD +7.04%
Lessee, Operating Lease, Liability, to be Paid 96K USD -58.3%
Operating Lease, Liability, Current 30K USD -69.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 35K USD -45.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 35K USD -66.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -21.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9K USD -52.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 26K USD -25.7%
Deferred Tax Assets, Operating Loss Carryforwards 81.9M USD +59%
Unrecognized Tax Benefits 300K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD -100%
Additional Paid in Capital 323M USD +1.3%
Amortization of Intangible Assets 893K USD -46.7%
Depreciation, Depletion and Amortization 18.9M USD +43.7%
Deferred Tax Assets, Net of Valuation Allowance 18.7M USD +8.59%
Share-based Payment Arrangement, Expense 3.35M USD -79.4%