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Local Bounti Corporation DE (LOCL)

For the quarter ending 2025-06-30, LOCL made $12,103K in revenue. -$21,577K in net income. Net profit margin of -178.28%.

Overview

Revenue
$12,103K
Net Income
-$21,577K
Net Profit Margin
-178.28%
EPS
-$1.63
Unit: Thousand (K) dollars
Revenue Breakdown
    • Other segment items
    • Salaries and wages
    • Total depreciation and amortizat...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Sales12,103 11,605 10,242 9,443
Cost of goods sold10,631 10,144 8,829 8,092
Gross profit1,472 1,461 1,413 1,351
Selling, general and administrative- - 12,348 10,696
Sales and marketing2,392 2,114 - -
Research and development6,485 6,977 7,096 4,519
General and administrative8,045 8,104 - -
Total operating expenses16,922 17,195 19,444 15,215
Loss from operations-15,450 -15,734 -18,031 -13,864
Interest expense, net-4,602 -18,838 - -
Change in fair value of warrant liability1,499 3,510 -1,921 -1,096
Other (expense) income-26 407 95 1
Interest expense, net- - -18,312 -12,500
Net loss-21,577 -37,675 -34,327 -25,267
Less deemed dividend to preferred stockholders- 403 - -
Net loss attributable to common stockholders-21,577 -38,078 -34,327 -25,267
Basic (in dollars per share)-1.63 -4.32 -4.01 -3
Basic (in shares)13,270,197 8,808,594 8,568,970 8,411,226
Diluted (in dollars per share)-1.63 -4.32 -4.01 -3
Diluted (in shares)13,270,197 8,808,594 8,568,970 8,411,226
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net lossattributable to common...-$21,577K Other segment items$12,276K Transportation and delivery$767K Total stock-basedcompensation expense, net of...$2,260K Total depreciationand amortization$5,856K Interest expense, net$4,602K Salaries and wages$7,919K Net loss-$21,577K (14.60%↑ Y/Y)Sales$12,103K (28.17%↑ Y/Y)Net loss-$21,577K Change in fair value ofwarrant liability$1,499K (236.77%↑ Y/Y)Interest expense, net-$4,602K Loss from operations-$15,450K (-11.44%↓ Y/Y)Other (expense)income-$26K (-2700.00%↓ Y/Y)Gross profit$1,472K (8.96%↑ Y/Y)Cost of goods sold$10,631K (31.38%↑ Y/Y)Segment net loss-$21,577K Total operatingexpenses$16,922K (11.22%↑ Y/Y)General andadministrative$8,045K Research and development$6,485K (43.51%↑ Y/Y)Sales and marketing$2,392K