Alico Earnings Reports

Alico reported a steep year-over-year revenue decline and a significant net loss for Q3 2025, reflecting the wind-down of citrus operations, hurricane impacts, and large non-cash charges. Crop insurance recoveries and asset sales boosted liquidity as the company advances its land diversification strategy.

Alico, Inc. reported a significant net loss in Q2 2025 primarily due to accelerated depreciation and impairment charges related to the wind down of citrus operations as part of its strategic transformation. While revenue was largely flat year-over-year, the company highlighted progress on its land development strategy, increased land sale expectations for fiscal year 2025, and a strong liquidity position.

Alico, Inc. experienced a significant decline in net income and EPS for the first quarter of fiscal year 2025, primarily due to the absence of land sales compared to a substantial gain in the prior year. Despite this, total revenue increased by 20.8%, driven by growth in Land Management and Other Operations. The company is undergoing a strategic transformation to become a diversified land company, exiting capital-intensive citrus production.

Alico Inc. is a Florida-based agribusiness and land management company with 125 years of experience. They own approximately 54,500 acres of land and 49,500 acres of oil, gas, and mineral rights in Florida. Alico focuses on citrus production and land management, aiming to provide investors with stability through agriculture and active land management.

Alico, Inc. reported net income attributable to common stockholders of $11.8 million for Q3 2023, but also reported an adjusted net loss of $5.6 million. The company faced challenges due to decreased box production from Hurricane Ian, but also benefited from approximately $21.4 million in crop insurance proceeds and $2.7 million in gross proceeds from ranch land sales. They also have $76.8 million of undrawn credit available.

Alico, Inc. reported a net loss of $7.8 million for the second quarter of fiscal year 2023, with adjusted net loss at $12.3 million. The company faced challenges due to reduced fruit production caused by Hurricane Ian, although they received $4.8 million in crop insurance proceeds during the quarter. Ranch land sales continued, generating $1.6 million in gross proceeds.

Alico, Inc. reported a net loss of $3.2 million for the quarter ended December 31, 2022, compared to a net income of $10.1 million for the same period last year. The decrease was primarily due to increased cost of sales and the timing of gains on sale of real estate. Hurricane Ian significantly impacted citrus production, leading to lower revenue. The company maintains a strong balance sheet with working capital of $27.3 million.

Alico, Inc. reported financial results for the fourth quarter and fiscal year ended September 30, 2022. The company experienced a net loss attributable to Alico, Inc. common stockholders of $21.08 million for the quarter. The results were impacted by weather events, specifically Hurricane Ian, which caused significant fruit drop and losses.

Alico Inc. reported net income attributable to common stockholders of $2.7 million, or $0.36 per diluted share, for the third quarter ended June 30, 2022. The results were impacted by a freeze event and greater fruit drop, leading to lower box production and pound solids per box. The company has updated its guidance for net income, EBITDA, adjusted net income and adjusted EBITDA for fiscal year 2022 to reflect the disappointing harvest season.

Alico, Inc. reported a notable increase in net income attributable to Alico common stockholders for the second quarter of fiscal year 2022. This growth was primarily driven by gains on the sale of real estate and a charitable deduction. However, the company faced challenges in its citrus operations due to lower processed box production and pound solids per box, impacted by fruit drop and a freeze event.

Alico, Inc. announced its financial results for the fiscal quarter ended December 31, 2021, reporting a net income attributable to Alico common stockholders of $10.1 million, or $1.34 per diluted common share. The company experienced increased gains from real estate sales and a tax benefit from a charitable deduction. However, due to expected lower fruit yield and the impact of a recent freeze, Alico withdrew its prior guidance for net income, EBITDA, adjusted net income, and adjusted EBITDA for fiscal year 2022.

Alico, Inc. reported a net loss attributable to common stockholders of $(0.972) million for Q4 2021, compared to a net income of $17.204 million for Q4 2020. EBITDA was $3.487 million, a decrease from $27.846 million in the prior year. Adjusted EBITDA increased to $1.324 million from $1.098 million in the same quarter last year. The company's fiscal year 2021 financial results were in line with net income, EBITDA, and adjusted EBITDA guidance, and exceeded adjusted net income guidance.

Alico, Inc. announced financial results for the third quarter of fiscal year 2021. The company closed Alico Ranch sales for approximately 18,500 acres during the third quarter and the Board of Directors approved a substantial increase in the quarterly dividend. The company reiterates updated guidance for net income, EBITDA, adjusted net income and adjusted EBITDA for fiscal year 2021.

Alico, Inc. reported a rise in net income attributable to common stockholders for the second quarter of fiscal year 2021, primarily driven by increased revenue from its Alico Citrus segment due to higher prices per pound solids. This was partially offset by a reduction in both production and average pound solids per box. The company also updated its guidance for net income, EBITDA, adjusted net income, and adjusted EBITDA for fiscal year 2021.

Alico, Inc. reported a net income attributable to common stockholders of $3.8 million, or $0.51 per diluted share, for the fiscal quarter ended December 31, 2020. This compares to a net income of $0.8 million, or $0.11 per diluted share, for the same period last year. The increase was primarily due to gains from real estate sales. The company reaffirms guidance of net income, EBITDA, adjusted net income and adjusted EBITDA for fiscal year 2021.

Alico, Inc. reported net income attributable to Alico common stockholders of $17.2 million for the fourth quarter ended September 30, 2020. The company also increased its quarterly dividend by 100% to $0.18 per share for the first quarter ending December 31, 2020.

Alico, Inc. reported net income attributable to common stockholders of $2.1 million, and EBITDA of $7.5 million for the quarter ended June 30, 2020. The company's Alico Citrus division saw operating revenues of $25.4 million.

Alico Inc. reported a decrease in net income attributable to common stockholders for the second quarter of fiscal year 2020, primarily due to a decline in citrus fruit market prices and an increase in cost of goods sold. The company has strengthened its liquidity by drawing down on its lines of credit.

Alico, Inc. reported a net income attributable to Alico common stockholders of $0.8 million, with earnings per diluted common share at $0.11 for the fiscal quarter ended December 31, 2019. These results reflect the seasonal nature of the Company’s business.