Financials in USD. Standardized financial statements.
A compact view of how Local Bounti Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $48.37M | $38.14M | $27.56M | $19.47M | $638,000 | $82,000 | $0 |
| Revenue Growth? | +26.8% | +38.4% | +41.5% | +2952.4% | +678.0% | 0.0% | 0.0% |
| Cost of Revenue? | $42.51M | $34.05M | $25.34M | $17.26M | $432,000 | $91,000 | $0 |
| Gross Profit? | $5.86M | $4.09M | $2.22M | $2.21M | $206,000 | -$9,000 | $0 |
| Gross Margin? | +12.1% | +10.7% | +8.0% | +11.4% | +32.3% | -11.0% | 0.0% |
| Operating Expenses? | $68.49M | $63.06M | $119.13M | $96.74M | $44.92M | $7.91M | $3.37M |
| Operating Income? | -$62.63M | -$58.97M | -$116.91M | -$94.53M | -$44.72M | -$7.92M | -$3.37M |
| EBITDA? | -$39.02M | -$42.11M | -$85.14M | -$83.91M | -$48.79M | -$7.60M | $0 |
| Income Before Tax | -$94.38M | -$119.90M | -$124.02M | -$111.07M | -$56.09M | -$8.41M | -$3.41M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income? | -$94.38M | -$119.90M | -$124.02M | -$111.07M | -$56.09M | -$8.41M | -$3.41M |
| EPS? | $-4.04 | $-14.14 | $-15.61 | $-13.92 | $-8.45 | $-2.22 | $-4.41 |
| Diluted EPS? | $-4.04 | $-14.14 | $-15.61 | $-13.92 | $-8.45 | $-2.20 | $-4.41 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality