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Alico (ALCO) Q1 FY25 earnings results (first quarter fiscal 2025)

10-K filed Dec 2, 2024

Alico (ALCO) reported revenue of $935K for the first quarter fiscal 2025 (Q1 FY25), +38% from a year earlier and -93% from the quarter before.

Revenue$935K
Year over year+38%
Quarter over quarter-93%
Operating margin—
Net earnings−$18.2M

Alico, Q1 FY25: revenue $935K (+38% year over year), net loss $18.2M, operating cash flow −$11.8M. The chart follows the revenue to costs, profit and cash.

Q1 FY25AmountQ/QY/Y
Revenue$935K-93%+38%
Operating profit−$22.7M——
Net earnings−$18.2M——
Operating cash flow−$11.8M——

What changed

Revenue was $935K in Q1 FY25, up 38% year over year and down 93% from the previous quarter. Alico Citrus was the largest line at 50% of revenue.

Operating costs exceeded revenue by $22.7M, an operating margin of -2429.9%. Total costs grew 1003% against revenue growth of 38%. The quarter ended with a net loss of $18.2M, wider than the previous quarter's $1.9M loss. Minority interests bore $35K of it: to shareholders the quarter was a loss of $18.1M.

Operating cash flow was −$11.8M. Non-cash charges added back $3.7M of depreciation and amortization and $175K of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $1.9M exceeded it, leaving free cash flow of −$13.7M.

Questions

What was Alico's revenue in the first quarter fiscal 2025?

Alico (ALCO) reported revenue of $935K for the first quarter fiscal 2025 (Q1 FY25), +38% from a year earlier and -93% from the quarter before.

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Source: Alico 10-K on SEC EDGAR.