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Local Bounti Corporation Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19
Revenues19.50.60.10.0
            Revenue growth2952.4%678.0%-310.3% 
Cost of goods sold17.30.40.1-6.7
Gross profit2.20.20.06.7
            Gross margin11.4%32.3%-11.0%-17166.7%
Selling, general and administrative82.741.56.83.4
Research and development14.13.41.1 
EBITA-89.5-44.7-7.9-3.4
            EBITA margin-459.6%-7008.9%-9661.0%8633.3%
Amortization of intangibles5.0   
EBIT-94.5-44.7-7.9-3.4
            EBIT margin-485.4%-7008.9%-9661.0%8633.3%
Pre-tax income-111.1-56.1-8.4-3.4
Income taxes0.00.00.00.0
            Tax rate0.0%0.0%0.0%0.0%
Net income-111.1-56.1-8.4-3.4
            Net margin-570.4%-8792.0%-10254.9%8733.3%
 
Diluted EPS($1.27)($1.06)($0.17)($0.35)
Shares outstanding (diluted)87.152.949.79.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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