Local Bounti Corporation
General ticker "LOCL" information:
- Sector: Consumer Staples
- Industry: Food Products
- Capitalization: $37.8M (TTM average)
Local Bounti Corporation follows the US Stock Market performance with the rate: 3.7%.
Estimated limits based on current volatility of 4.7%: low 2.34$, high 2.58$
Factors to consider:
- Total employees count: 301 (+4.2%) as of 2023
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Early stage company with historical losses, High operating expenses, Labor/talent shortage/retention, Market growth uncertainties, Regulatory and compliance
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.18$, 3.82$]
- 2025-12-31 to 2026-12-31 estimated range: [0.82$, 2.76$]
Financial Metrics affecting the LOCL estimates:
- Positive: with PPE of -0.1 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -158.41 <= 0.33
- Positive: -8.75 < Industry operating profit margin (median), % of -1.95
- Positive: Industry inventory ratio change (median), % of -1.09 <= -0.15
- Negative: Shareholder equity ratio, % of -23.48 <= 18.93
- Negative: Industry operating cash flow per share per price (median), % of 0.08 <= 5.52
Short-term LOCL quotes
Long-term LOCL plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $19.47MM | $27.56MM | $38.14MM |
| Operating Expenses | $114.00MM | $144.47MM | $97.11MM |
| Operating Income | $-94.53MM | $-116.91MM | $-58.97MM |
| Non-Operating Income | $-16.55MM | $-7.11MM | $-60.93MM |
| Interest Expense | $16.73MM | $25.75MM | $58.92MM |
| R&D Expense | $14.06MM | $16.09MM | $22.29MM |
| Income(Loss) | $-111.07MM | $-124.02MM | $-119.90MM |
| Profit(Loss)* | $-111.07MM | $-124.02MM | $-119.90MM |
| Stockholders Equity | $121.33MM | $15.27MM | $-100.50MM |
| Inventory | $3.59MM | $4.21MM | $6.81MM |
| Assets | $278.74MM | $381.75MM | $428.04MM |
| Operating Cash Flow | $-48.81MM | $-33.16MM | $-27.06MM |
| Capital expenditure | $81.83MM | $162.26MM | $82.45MM |
| Investing Cash Flow | $-172.38MM | $-162.26MM | $-82.45MM |
| Financing Cash Flow | $145.05MM | $187.38MM | $100.09MM |
| Earnings Per Share** | $-13.92 | $-15.61 | $-14.14 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.