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ALCO

Alico, Inc.

ALCO

Alico, Inc. • NASDAQ
$34.80 ▲ 1.03% (+0.35)
Market Cap $265.78 M
52w High $35.90
52w Low $24.76
Dividend Yield 0.20%
P/E -1.8
Volume 10.72K
Outstanding Shares 7.64M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $802K ▼ $2.866M ▼ $-8.493M ▲ -1.059K% ▼ $-1.11 ▲ $-2.326M ▲
Q3-2025 $8.39M ▼ $2.867M ▼ $-18.289M ▲ -217.986% ▲ $-2.39 ▲ $-25.217M ▼
Q2-2025 $17.98M ▲ $3.388M ▲ $-111.385M ▼ -619.494% ▼ $-14.58 ▼ $-10.741M ▼
Q1-2025 $16.894M ▲ $2.586M ▼ $-9.167M ▲ -54.262% ▲ $-1.2 ▲ $-6.709M ▲
Q4-2024 $935K $3.037M $-18.124M -1.938K% $-2.38 $-18.948M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $38.128M ▼ $201.527M ▼ $93.533M ▼ $103.032M ▼
Q3-2025 $42.073M ▲ $210.56M ▼ $93.86M ▼ $111.731M ▼
Q2-2025 $14.659M ▲ $243.165M ▼ $107.954M ▼ $130.207M ▼
Q1-2025 $4.388M ▲ $397.596M ▼ $150.755M ▲ $241.789M ▼
Q4-2024 $3.15M $398.719M $142.424M $251.159M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-8.5M ▲ $-2.715M ▼ $-549K ▼ $-681K ▲ $-3.945M ▼ $-4.17M ▼
Q3-2025 $-18.289M ▲ $23.412M ▲ $8.73M ▼ $-4.728M ▲ $27.414M ▲ $22.844M ▲
Q2-2025 $-111.433M ▼ $7.026M ▲ $18.98M ▲ $-15.735M ▼ $10.271M ▲ $6.562M ▲
Q1-2025 $-9.167M ▲ $-7.597M ▲ $-3.017M ▼ $12.366M ▲ $1.752M ▲ $-10.614M ▲
Q4-2024 $-18.233M $-11.777M $-1.91M $7.979M $-5.708M $-13.342M

Revenue by Products

Product Q3-2023Q4-2023Q3-2025Q4-2025
Alico Citrus
Alico Citrus
 $10.00M ▲$0 ▼$10.00M ▲$240.00M ▲
Land Management And Other Operations
Land Management And Other Operations
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has come down from earlier years and earnings have become choppy, reflecting a business in transition. Core farming margins have been thin, with operating results hovering around break‑even or in small losses, while overall earnings have been helped at times by non‑operating items like land or asset activity. The pattern points to a company moving away from a traditional, more stable crop‑driven profit base toward a model that may see more lumpiness as development and land transactions kick in over time.

Balance Sheet

Balance Sheet The balance sheet is dominated by land and other long‑lived assets, with equity representing a solid portion of the capital base and debt sitting at a moderate level. Cash balances appear quite lean, which limits liquidity cushion and makes timing of cash inflows from sales and leases more important. Overall, ALCO looks asset‑rich but not cash‑rich, which is typical for land‑heavy businesses but raises the importance of careful financing and disciplined project pacing.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations has been weak recently, with the business using cash rather than consistently generating it. Free cash flow has been negative for several years, as operating shortfalls combine with ongoing investment in the asset base. This suggests ALCO has been relying on land sales, financing, or other sources to fund its strategy, and it increases the sensitivity of the plan to execution timing and capital market conditions.

Competitive Edge

Competitive Edge ALCO’s edge has shifted from being a large citrus grower to being a major, long‑tenured landholder in growth markets across Florida. Its scale of owned acreage, valuable water rights, and deep experience with Florida’s regulatory and permitting processes create meaningful barriers to entry. At the same time, the company is now more exposed to real estate and development cycles, local politics, and execution risk on large, long‑dated projects. The move away from direct citrus production reduces disease and crop risk but replaces it with entitlement and development risk.

Innovation and R&D

Innovation and R&D Rather than traditional lab‑style R&D, ALCO’s innovation is strategic and land‑use oriented. It is applying a structured “Plan for Every Acre” that uses its agronomic and regulatory expertise to decide the best use for each parcel: leased farming, conservation, or development. Projects like the Corkscrew Grove Villages master‑planned community illustrate a shift toward more complex, higher‑value development concepts, while conservation set‑asides, potential monetization of mineral and water rights, and possible solar or environmental projects show a broadening set of land‑based revenue ideas. The company is innovating more in planning, entitlement, and partnership models than in new physical products.

Summary

ALCO is in the middle of a fundamental shift from being a citrus producer to a diversified land and resource manager focused on leasing, conservation, and real estate development in Florida. Financial results currently reflect this transition: earnings are volatile, margins from legacy operations are thin, and cash flow has been negative, even though the balance sheet is underpinned by substantial land holdings. The long‑term story hinges on successfully entitling and developing key projects, building steady lease income, and unlocking value from water, mineral, and other rights. The opportunity is tied to Florida’s growth and the uniqueness of ALCO’s land portfolio, but it also carries meaningful execution, timing, and market‑cycle risk as the new strategy plays out.

NEWS

November 24, 2025 · 4:05 PM UTC

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2025

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November 21, 2025 · 4:05 PM UTC

Alico to Present at Noble Capital Markets 21st Annual Emerging Growth Equity Conference

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November 19, 2025 · 8:30 AM UTC

Alico to Present at Noble Capital Markets 21st Annual Emerging Growth Equity Conference

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November 12, 2025 · 8:30 AM UTC

Alico to Participate at the Stephens Annual Investment Conference

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November 11, 2025 · 4:05 PM UTC

Alico, Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results on Monday, November 24, 2025

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