Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024
Alico, Inc. (ALCO)
US:NASDAQ Investor Relations:
ir.stockpr.com/alicoinc/investor-home
Company Research
Source: GlobeNewswire
FORT MYERS, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company,” “we,” “us” or “our”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2024, the highlights of which are as follows: The Company reports net income attributable to Alico, Inc. common stockholders of $7.0 million and EBITDA of $29.7 million for the fiscal year ended September 30, 2024. After adjusting for certain non-recurring items, the Company reports Adjusted EBITDA of $(3.8) million for the year ended September 30, 2024.Land sales continued during the 2024 fiscal year, with the Company selling approximately 18,354 acres for approximately $86.2 million in gross proceeds.The Company had approximately $86.6 million of undrawn credit available under its revolving line of credit (the “RLOC”) as of September 30, 2024.On September 17, 2024, Alico amended its Credit Agreement with Metropolitan Life Insurance Company ("
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News
- Alico, Inc. (ALCO): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- Alico, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on Monday, December 2, 2024GlobeNewswire
- Sidoti Events, LLC's Virtual November Micro-Cap ConferenceAccesswire
- Alico, Inc. (ALCO): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
ALCO
Earnings
- 12/2/24 - Miss
ALCO
Sec Filings
- 12/18/24 - Form 3
- 12/13/24 - Form 8-K
- 12/2/24 - Form 10-K
- ALCO's page on the SEC website