LOCL Chart
About

Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, spinach, basil, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Farm Products Market Cap 34.52M
Enterprise Value 563.85M Income -122.34M Sales 45.98M
Book/sh -7.15 Cash/sh 0.28 Dividend Yield —
Payout 0.00% Employees 333 IPO —
P/E — Forward P/E -0.30 PEG —
P/S 0.75 P/B -0.22 P/C —
EV/EBITDA -14.47 EV/Sales 12.26 Quick Ratio 0.60
Current Ratio 1.69 Debt/Eq — LT Debt/Eq —
EPS (ttm) -10.01 EPS next Y -5.15 EPS Growth —
Revenue Growth 19.10% Earnings 2026-03-31 ROA -9.20%
ROE — ROIC — Gross Margin 10.61%
Oper. Margin -119.03% Profit Margin -265.21% Shs Outstand 22.27M
Shs Float 4.82M Short Float 1.24% Short Ratio 5.03
Short Interest — 52W High 5.75 52W Low 1.45
Beta 2.10 Avg Volume 15.18K Volume 6.71K
Target Price — Recom None Prev Close $1.55
Price $1.55 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.55
Latest analyst target
3. DCF / Fair value
$-67.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.55
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-10-31 down Deutsche Bank Buy → Hold $1
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1000 2223.0 — Sale at price 2.22 per share. NORDBY MATTHEW A. Director — 2026-01-07 00:00:00 D
1 1000 2137.0 — Sale at price 2.14 per share. NORDBY MATTHEW A. Director — 2025-12-31 00:00:00 D
2 1000 2186.0 — Sale at price 2.19 per share. NORDBY MATTHEW A. Director — 2025-12-24 00:00:00 D
3 1000 2418.0 — Sale at price 2.42 per share. NORDBY MATTHEW A. Director — 2025-12-17 00:00:00 D
4 1000 2550.0 — Sale at price 2.55 per share. NORDBY MATTHEW A. Director — 2025-12-10 00:00:00 D
5 1000 2380.0 — Sale at price 2.38 per share. NORDBY MATTHEW A. Director — 2025-12-03 00:00:00 D
6 1000 2382.0 — Sale at price 2.38 per share. NORDBY MATTHEW A. Director — 2025-11-26 00:00:00 D
7 1000 2386.0 — Sale at price 2.39 per share. NORDBY MATTHEW A. Director — 2025-11-19 00:00:00 D
8 300000 — — Stock Award(Grant) at price 0.00 per share. ALMASSY DANE Officer — 2025-08-29 00:00:00 D
9 1400000 — — Stock Award(Grant) at price 0.00 per share. VALIASEK KATHLEEN Chief Executive Officer — 2025-06-13 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-42.92M-65.14M-83.91M-43.72M
TotalUnusualItems811.00K-20.00M0.00-5.07M
TotalUnusualItemsExcludingGoodwill811.00K-20.00M0.00-5.07M
NetIncomeFromContinuingOperationNetMinorityInterest-119.90M-124.02M-111.07M-56.09M
ReconciledDepreciation18.87M13.13M10.43M684.00K
ReconciledCostOfRevenue34.05M25.34M17.26M432.00K
EBITDA-42.11M-85.14M-83.91M-48.79M
EBIT-60.98M-98.27M-94.34M-49.48M
NetInterestIncome-58.92M-25.75M-16.73M-6.62M
InterestExpense58.92M25.75M16.73M6.62M
NormalizedIncome-120.71M-104.02M-111.07M-51.03M
NetIncomeFromContinuingAndDiscontinuedOperation-119.90M-124.02M-111.07M-56.09M
TotalExpenses97.11M105.99M114.00M45.35M
TotalOperatingIncomeAsReported-58.97M-116.91M-94.53M-44.72M
DilutedAverageShares8.48M7.94M6.70M4.07M
BasicAverageShares8.48M7.94M6.70M4.07M
DilutedEPS-14.14-15.61-16.51-13.78
BasicEPS-14.14-15.61-16.51-13.78
DilutedNIAvailtoComStockholders-119.90M-124.02M-111.07M-56.09M
NetIncomeCommonStockholders-119.90M-124.02M-111.07M-56.09M
NetIncome-119.90M-124.02M-111.07M-56.09M
NetIncomeIncludingNoncontrollingInterests-119.90M-124.02M-111.07M-56.09M
NetIncomeContinuousOperations-119.90M-124.02M-111.07M-56.09M
TaxProvision0.00
PretaxIncome-119.90M-124.02M-111.07M-56.09M
OtherIncomeExpense-2.01M-19.84M189.00K-4.76M
OtherNonOperatingIncomeExpenses-2.82M157.00K189.00K309.00K
SpecialIncomeCharges0.00-38.48M0.00-1.49M
OtherSpecialCharges1.49M
ImpairmentOfCapitalAssets0.0038.48M0.00
GainOnSaleOfSecurity811.00K18.48M-5.07M
NetNonOperatingInterestIncomeExpense-58.92M-25.75M-16.73M-6.62M
InterestExpenseNonOperating58.92M25.75M16.73M6.62M
OperatingIncome-58.97M-78.43M-94.53M-44.72M
OperatingExpense63.06M80.64M96.74M44.92M
OtherOperatingExpenses-79.00K
ResearchAndDevelopment22.29M16.09M14.06M3.42M
SellingGeneralAndAdministration40.77M64.56M82.68M41.50M
GrossProfit4.09M2.22M2.21M206.00K
CostOfRevenue34.05M25.34M17.26M432.00K
TotalRevenue38.14M27.56M19.47M638.00K
OperatingRevenue38.14M27.56M19.47M638.00K
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber8.66M8.31M7.98M6.64M
ShareIssued8.66M8.31M7.98M6.64M
NetDebt435.85M267.66M106.15M
TotalDebt437.16M278.20M120.08M11.24M
TangibleBookValue-138.28M-26.08M35.58M101.68M
InvestedCapital336.28M293.26M241.15M112.88M
WorkingCapital-36.61M-4.95M10.84M87.54M
NetTangibleAssets-138.28M-26.08M35.58M101.68M
CapitalLeaseObligations374.00K211.00K271.00K38.00K
CommonStockEquity-100.50M15.27M121.33M101.68M
TotalCapitalization316.08M293.26M241.15M112.88M
TotalEquityGrossMinorityInterest-100.50M15.27M121.33M101.68M
StockholdersEquity-100.50M15.27M121.33M101.68M
RetainedEarnings-423.23M-303.33M-179.31M-68.24M
AdditionalPaidInCapital322.73M318.60M300.64M169.92M
CapitalStock1.00K1.00K1.00K9.00K
CommonStock1.00K1.00K1.00K9.00K
TotalLiabilitiesNetMinorityInterest528.53M366.48M157.41M42.25M
TotalNonCurrentLiabilitiesNetMinorityInterest473.10M334.54M134.14M24.28M
OtherNonCurrentLiabilities49.86M49.23M14.14M13.07M
DerivativeProductLiabilities6.40M7.21M0.00
LongTermDebtAndCapitalLeaseObligation416.84M278.10M120.00M11.21M
LongTermCapitalLeaseObligation263.00K114.00K187.00K10.00K
LongTermDebt416.58M277.99M119.81M11.20M
CurrentLiabilities55.44M31.94M23.27M17.97M
OtherCurrentLiabilities51.00K
CurrentDebtAndCapitalLeaseObligation20.32M97.00K84.00K28.00K
CurrentCapitalLeaseObligation111.00K97.00K84.00K28.00K
CurrentDebt20.20M
OtherCurrentBorrowings20.20M
CurrentNotesPayable0.00
PayablesAndAccruedExpenses35.07M31.84M23.18M17.94M
CurrentAccruedExpenses18.08M17.20M9.43M16.02M
InterestPayable15.29M9.79M4.37M0.00
Payables16.99M14.64M13.76M1.92M
AccountsPayable16.99M14.64M13.76M1.92M
TotalAssets428.04M381.75M278.74M143.93M
TotalNonCurrentAssets409.21M354.76M244.64M38.42M
OtherNonCurrentAssets101.00K73.00K901.00K1.02M
GoodwillAndOtherIntangibleAssets37.78M41.35M85.75M0.00
OtherIntangibleAssets37.78M41.35M47.27M
Goodwill0.0038.48M0.00
NetPPE371.33M313.34M157.98M37.41M
AccumulatedDepreciation-28.55M-13.33M-6.37M-971.00K
GrossPPE399.88M326.67M164.35M38.38M
Leases3.95M
ConstructionInProgress6.04M196.32M56.75M16.38M
OtherProperties350.00K172.00K137.00K55.00K
MachineryFurnitureEquipment115.37M44.17M32.77M3.68M
BuildingsAndImprovements258.86M66.75M55.39M14.14M
LandAndImprovements19.25M19.25M19.30M4.12M
Properties0.000.000.000.00
CurrentAssets18.82M26.99M34.10M105.51M
OtherCurrentAssets2.26M2.81M2.88M3.40M
RestrictedCash6.53M6.57M11.27M4.42M
PrepaidAssets3.39M
Inventory6.81M4.21M3.59M922.00K
InventoriesAdjustmentsAllowances-1.25M-753.00K-691.00K-95.00K
OtherInventories163.00K
FinishedGoods5.72M3.12M2.27M69.00K
WorkInProcess413.00K173.00K
RawMaterials2.35M1.84M2.02M612.00K
Receivables2.28M3.08M2.69M110.00K
AccountsReceivable2.28M3.08M2.69M110.00K
AllowanceForDoubtfulAccountsReceivable-100.00K-100.00K
GrossAccountsReceivable3.18M2.79M110.00K
CashCashEquivalentsAndShortTermInvestments937.00K10.33M13.67M96.66M
CashAndCashEquivalents937.00K10.33M13.67M96.66M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-109.52M-195.42M-130.64M-49.77M
RepurchaseOfCapitalStock0.00-3.00K0.000.00
RepaymentOfDebt-27.00K0.000.00-10.65M
IssuanceOfDebt100.11M152.61M124.65M52.79M
IssuanceOfCapitalStock0.0023.30M137.53M
CapitalExpenditure-82.45M-162.26M-81.83M-29.67M
InterestPaidSupplementalData5.54M4.04M10.74M2.98M
EndCashPosition7.47M16.89M24.94M101.08M
BeginningCashPosition16.89M24.94M101.08M45.00K
ChangesInCash-9.43M-8.04M-76.14M101.03M
FinancingCashFlow100.09M187.38M145.05M150.81M
CashFlowFromContinuingFinancingActivities100.09M187.38M145.05M150.81M
NetOtherFinancingCharges34.77M-2.90M-1.54M
CashDividendsPaid0.00-27.32M
NetCommonStockIssuance0.00-3.00K23.30M137.53M
CommonStockPayments0.00-3.00K0.000.00
CommonStockIssuance0.0023.30M137.53M
NetIssuancePaymentsOfDebt100.09M152.61M124.65M42.14M
NetLongTermDebtIssuance100.09M152.61M124.65M42.14M
LongTermDebtPayments-27.00K0.000.00-10.65M
LongTermDebtIssuance100.11M152.61M124.65M52.79M
InvestingCashFlow-82.45M-162.26M-172.38M-29.67M
CashFlowFromContinuingInvestingActivities-82.45M-162.26M-172.38M-29.67M
NetBusinessPurchaseAndSale0.00-90.55M0.00
PurchaseOfBusiness0.00-90.55M0.00
NetPPEPurchaseAndSale-82.45M-162.26M-81.83M-29.67M
PurchaseOfPPE-82.45M-162.26M-81.83M-29.67M
OperatingCashFlow-27.06M-33.16M-48.81M-20.11M
CashFlowFromContinuingOperatingActivities-27.06M-33.16M-48.81M-20.11M
ChangeInWorkingCapital8.79M5.11M5.44M9.49M
ChangeInOtherCurrentLiabilities12.00K-96.00K151.00K-1.42M
ChangeInOtherCurrentAssets-28.00K-48.00K2.33M-966.00K
ChangeInPayablesAndAccruedExpense10.47M5.54M2.29M15.71M
ChangeInAccruedExpense3.83M5.61M177.00K13.98M
ChangeInPayable6.64M-66.00K2.12M1.74M
ChangeInAccountPayable6.64M-66.00K2.12M1.74M
ChangeInPrepaidAssets544.00K776.00K1.40M-3.38M
ChangeInInventory-3.10M-678.00K-88.00K-652.00K
ChangeInReceivables899.00K-392.00K-643.00K193.00K
ChangesInAccountReceivables899.00K-392.00K-643.00K193.00K
OtherNonCashItems59.37M31.57M3.22M6.97M
StockBasedCompensation3.35M16.27M39.17M17.89M
ProvisionandWriteOffofAssets395.00K67.00K710.00K-7.00K
AssetImpairmentCharge1.23M38.48M0.00
DepreciationAmortizationDepletion18.87M13.13M10.43M684.00K
DepreciationAndAmortization18.87M13.13M10.43M684.00K
AmortizationCashFlow3.57M5.92M5.03M0.00
AmortizationOfIntangibles3.57M5.92M5.03M0.00
Depreciation15.30M7.21M5.40M684.00K
OperatingGainsLosses840.00K-13.77M3.30M949.00K
GainLossOnInvestmentSecurities-811.00K-18.48M10.00K
GainLossOnSaleOfPPE1.65M4.71M2.57M0.00
NetIncomeFromContinuingOperations-119.90M-124.02M-111.07M-56.09M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for LOCL
Date User Asset Broker Type Position Size Entry Price Patterns