Local Bounti Corporation/DE Income Statement
LOCL|5 years of annual SEC 10-K data (FY2021-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 5 fiscal years. All figures from audited SEC 10-K filings.
Local Bounti Corporation/DE reported $48M in revenue and $94M in net loss for FY2025. Revenue has grown at a 392.8% compound annual rate over the past 4 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -1.54 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $48.4M | $27.6M | $19.5M | $638.0K | $82.0K |
| Cost of Revenue | $42.5M | $25.3M | $17.3M | $432.0K | $91.0K |
| Gross Profit | $5.9M | $2.2M | $2.2M | $206.0K | -$9.0K |
| SG&A Expense | $33.8M | $64.6M | $82.7M | $41.5M | $6.8M |
| R&D Expense | $25.6M | $16.1M | $14.1M | $3.4M | $1.1M |
| Operating Income | -$62.6M | -$116.9M | -$94.5M | -$44.7M | -$7.9M |
| Interest Expense | - | - | -$16.7M | -$6.6M | -$522.0K |
| Income Tax | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$94.4M | -$124.0M | -$111.1M | -$56.1M | -$8.4M |
| EPS (Basic) | -$14.14 | -$15.61 | -$16.57 | -$1.06 | -$0.17 |
| EPS (Diluted) | -$14.14 | -$15.61 | -$16.57 | -$1.06 | -$0.17 |
| Shares Outstanding | 8.7M | 8.3M | 8.0M | 86.3M | 58.1M |
| Gross Margin | 12.1% | 8.0% | 11.4% | 32.3% | -11.0% |
| Operating Margin | -129.5% | -424.3% | -485.4% | -7008.9% | -9661.0% |
| Profit Margin | -195.1% | -450.0% | -570.4% | -8792.0% | -10254.9% |