Loading...
•
Jun 30
Alico Q3 2025 Earnings Report
Alico posted lower revenue and a larger net loss in Q3 2025, impacted by reduced citrus output and accelerated depreciation, partially offset by insurance proceeds.
Key Takeaways
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.
Revenue fell 38% year-over-year to $8.39 million due to lower citrus production and hurricane damage.
Net loss widened to $18.3 million, driven by $40.7 million in accelerated depreciation from citrus asset retirement.
Adjusted EBITDA rose sharply to $19.3 million, aided by $16 million in crop insurance proceeds.
Cash position strengthened to $42.1 million, supported by land and equipment sales.
Alico
Alico
Alico Revenue by Segment
Revenue by Segment
Alico Citrus Revenue
CapyFin.comLand Mgmt & Other Ops Revenue
CapyFin.com Forward Guidance
Alico expects FY 2025 Adjusted EBITDA of about $20 million, ending the year with roughly $25 million cash and $60 million net debt, with sufficient liquidity to fund operations through FY 2027.
Positive Outlook
- Exceeded FY 2025 land sales target of $20 million.
- Sufficient cash projected to cover operating expenses through FY 2027.
- Minimum required balance on credit line maintained.
- Strong liquidity position supported by asset sales.
- Progress on Corkscrew Grove Villages entitlement process.
Challenges Ahead
- Completion of last significant citrus harvest limits future citrus revenue.
- Ongoing hurricane recovery impacts production capacity.
- Shift away from citrus may create transitional operational risks.
- Reliance on regulatory approvals for development projects.
- Higher operating expenses in land management segment due to increased sod sales.
Revenue & Expenses
Visualization of income flow from segment revenue to net income