Equities

Local Bounti Corp

LOCL:NYQ

Local Bounti Corp

Actions
Consumer Staples Food Producers
  • Price (USD)2.96
  • Today's Change0.03 / 1.02%
  • Shares traded10.45k
  • 1 Year change-49.61%
  • Beta--
Data delayed at least 15 minutes, as of May 17 2024 00:00 BST.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

Local Bounti Corporation is an indoor agriculture company. The Company utilizes its patented Stack & Flow Technology to grow food sustainably. Its proprietary process is a hybrid, utilizing vertical farming in early plant growth, followed by greenhouse farming for final grow out. The Company operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. It uses 90% less water, 90% less land, and significantly less pesticides and herbicides than traditional outdoor agriculture operations. It has approximately 27 stock keeping units (SKUs) across living and loose leaf lettuce, organic and conventional, cress and value add product lines. Its Montana Facility incorporates its patented Stack & Flow Technology, including five operational greenhouses, a cold storage room for finished goods and a packaging room with processing equipment to transform freshly harvested produce into packaged goods that are ready for retail shelves.

  • Revenue in USD (TTM)29.24m
  • Net income in USD-124.54m
  • Incorporated2021
  • Employees301.00
  • Location
    Local Bounti Corp220 W Main St.HAMILTON 59840United StatesUSA
  • Phone+1 (302) 636-5400
  • Fax+1 (302) 636-5454
  • Websitehttps://localbounti.com/
More ▼

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Scheid Vineyards Inc70.50m-2.27m6.39m100.00------0.0907-2.48-2.4877.09------------------27.1825.54-3.213.67--0.2093----6.403.87-115.71------
Yasheng Group938.90m111.88m13.20m245.000.11730.06210.10460.01410.71590.71596.011.350.68574.7816.623,832,230.008.17--8.28--12.69--11.92--1,177.45197.310.1769--32.64--42.78------
S&W Seed Co68.01m12.00m16.68m134.001.360.29370.87230.24520.2830.2831.581.440.48951.063.09507,574.0011.00-9.4024.78-14.3522.9121.5722.47-16.460.417--0.4592--3.042.79138.13---6.32--
urban-gro Inc73.86m-18.14m18.60m152.00--0.7293--0.2518-1.65-1.656.702.071.26220.993.67485,950.80-30.99-25.95-54.83-63.8815.9523.83-24.55-16.801.08--0.0752--7.9240.37-1,644.71--22.25--
African Agriculture Holdings Inc0.00-4.53m21.71m----2.67-----0.2436-0.24360.000.14050.00-------4.04---4.47--------------0.5141-------463.55------
Local Bounti Corp29.24m-124.54m24.84m301.00------0.8493-15.36-15.363.61-1.120.08216.029.8097,149.50-34.98---38.45--9.31---425.89--0.6433-2.241.03--41.51---11.65------
Global Clean Energy Holdings, Inc.4.84m-89.93m45.86m150.00------9.48-1.97-1.970.106-0.22160.00481.003.7632,260.00-8.91-10.87-10.82-13.65-23.46---1,858.53-2,848.940.0319-22.630.9851--86.76---66.21------
Genvor Inc0.00-2.88m60.27m-----------0.1514-0.15140.00-0.06020.00-------1,602.41-1,744.85---------------108.73--------61.94------
Sustainable Green Team Ltd32.31m11.10m73.72m--7.330.83624.532.280.10920.10920.38080.95670.27870.95212.79--9.57--12.48--27.98--34.35--0.7356-0.31530.3659--11.24--70.28------
Data as of May 17 2024. Currency figures normalised to Local Bounti Corp's reporting currency: US Dollar USD

Institutional shareholders

10.07%Per cent of shares held by top holders
HolderShares% Held
Cresset Asset Management LLCas of 31 Dec 2023214.23k2.59%
The Vanguard Group, Inc.as of 31 Mar 2024186.67k2.26%
BNP Paribas Asset Management UK Ltd.as of 31 Mar 2024127.76k1.55%
Fidelity Management & Research Co. LLCas of 31 Dec 2023122.08k1.48%
Main Street Research LLCas of 31 Mar 202446.39k0.56%
Geode Capital Management LLCas of 31 Dec 202334.96k0.42%
BBR Partners LLCas of 31 Dec 202329.29k0.35%
Schwarz Dygos Wheeler Investment Advisors LLCas of 31 Mar 202427.59k0.33%
BlackRock Fund Advisorsas of 31 Mar 202427.51k0.33%
Bridgeway Capital Management LLCas of 31 Dec 202316.54k0.20%
More ▼
Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.