Local Bounti Corporation/DE financial data

Symbol
LOCL on NYSE, LOCLW on OTC
Industry
Agricultural Production-Crops
Location
400 W. Main St., 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-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 60.2 % -50.6%
Quick Ratio 13.2 % -13.3%
Debt-to-equity -1.9K % -930%
Return On Equity 644 %
Return On Assets -35.9 % -39.1%
Operating Margin -290 % +0.56%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 8.66M shares +4.64%
Common Stock, Shares, Outstanding 8.65M shares +4.62%
Entity Public Float 14.4M USD -91.8%
Common Stock, Value, Issued 1K USD 0%
Weighted Average Number of Shares Outstanding, Basic 8.57M shares +6.85%
Weighted Average Number of Shares Outstanding, Diluted 8.57M shares +6.85%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 34.9M USD +27.8%
Research and Development Expense 19.1M USD +5.31%
Operating Income (Loss) -101M USD -27.1%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -149M USD -75.5%
Earnings Per Share, Basic -18.1 USD/shares -20.2%
Earnings Per Share, Diluted -18.1 USD/shares -20.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 317K USD -97.3%
Accounts Receivable, after Allowance for Credit Loss, Current 2.04M USD -23.3%
Inventory, Net 6.55M USD +45.7%
Assets, Current 17.3M USD -37.7%
Property, Plant and Equipment, Net 371M USD
Operating Lease, Right-of-Use Asset 118K USD -37.9%
Intangible Assets, Net (Excluding Goodwill) 38.7M USD -8.45%
Goodwill 0 USD -100%
Other Assets, Noncurrent 3.06M USD +353%
Assets 431M USD +14.1%
Accounts Payable, Current 16.4M USD +80.9%
Accrued Liabilities, Current 23.1M USD +47.9%
Liabilities, Current 53.1M USD +115%
Operating Lease, Liability, Noncurrent 65K USD -51.1%
Liabilities 496M USD +65.7%
Retained Earnings (Accumulated Deficit) -387M USD -62.7%
Stockholders' Equity Attributable to Parent -65.6M USD -184%
Liabilities and Equity 431M USD +14.1%

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 8.65M shares +4.62%
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 6.81M USD -62.9%
Deferred Tax Assets, Valuation Allowance 66.1M USD +110%
Deferred Tax Assets, Gross 83.4M USD +132%
Operating Lease, Liability 211K USD -22.1%
Depreciation 12.5M USD +79.6%
Payments to Acquire Property, Plant, and Equipment 35M USD +7.04%
Lessee, Operating Lease, Liability, to be Paid 230K USD -24.1%
Operating Lease, Liability, Current 69K USD -24.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 64K USD -23.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 105K USD +11.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 19K USD -40.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 35K USD -45.3%
Deferred Tax Assets, Operating Loss Carryforwards 51.5M USD +84.2%
Unrecognized Tax Benefits 300K USD +200%
Lessee, Operating Lease, Liability, to be Paid, Year Four 26K USD -25.7%
Additional Paid in Capital 321M USD +1.83%
Amortization of Intangible Assets 893K USD -46.7%
Depreciation, Depletion and Amortization 15.9M USD +15.7%
Deferred Tax Assets, Net of Valuation Allowance 17.2M USD +283%
Share-based Payment Arrangement, Expense 4.72M USD -75.4%