Alico (ALCO) financial statements
Alico reported revenue of $44M in fiscal 2025, down 12.3% a year over 9 years.
Net income was -$147M and the operating margin -462.7%, against 15.2% in 2016.
Free cash flow was $15M, and the company returned $2M in dividends.
The diluted share count fell 8% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Alico's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $144M | $130M | $81M | $122M | $93M | $109M | $92M | $40M | $47M | $44M |
| Cost of revenue | $109M | $121M | $56M | $62M | $75M | $85M | $107M | — | — | — |
| Gross profit | $35M | $9M | $26M | $60M | $18M | $24M | -$15M | $6M | -$56M | -$192M |
| Selling, general and admin | $13M | $15M | $15M | $15M | $11M | $9M | $10M | $11M | $11M | $12M |
| Operating income | $22M | -$6M | $11M | $45M | $7M | $14M | -$25M | -$4M | -$67M | -$204M |
| Interest expense | $10M | $9M | $9M | $7M | $6M | $4M | $3M | $5M | $4M | $5M |
| Pre-tax income | $12M | -$13M | $13M | $50M | $31M | $46M | $13M | $2M | $11M | -$186M |
| Income tax | $6M | -$4M | $390,000 | $13M | $8M | $12M | $1M | $801,000 | $5M | -$38M |
| Net income | $7M | -$9M | $13M | $38M | $24M | $35M | $12M | $2M | $7M | -$147M |
| EPS (diluted) | $0.84 | -$1.14 | $1.57 | $5.05 | $3.16 | $4.64 | $1.65 | $0.24 | $0.91 | -$19.29 |
| Diluted shares | 8M | 8M | 8M | 7M | 7M | 8M | 8M | 8M | 8M | 8M |
| Gross margin | 24.3% | 6.9% | 31.5% | 49.4% | 19.4% | 22.0% | -16.1% | 16.2% | -120.9% | -436.2% |
| Operating margin | 15.2% | -4.7% | 13.0% | 37.0% | 7.5% | 13.3% | -27.0% | -10.5% | -144.6% | -462.7% |
| Net margin | 4.8% | -7.3% | 16.1% | 30.9% | 25.6% | 32.1% | 13.6% | 4.6% | 14.9% | -334.3% |
Balance sheet
Fiscal years, from Alico's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $3M | $25M | $19M | $3M | $886,000 | $865,000 | $1M | $3M | $38M |
| Receivables | $5M | $4M | $3M | $713,000 | $4M | $6M | $324,000 | $712,000 | $771,000 | $1M |
| Inventory | $58M | $36M | $41M | $40M | $41M | $43M | $28M | $52M | $30M | $4M |
| Total current assets | $72M | $66M | $71M | $62M | $52M | $55M | $32M | $59M | $41M | $55M |
| Property, plant and equipment | $379M | $349M | $340M | $350M | $350M | $373M | $372M | $362M | $353M | $142M |
| Goodwill | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M |
| Total assets | $455M | $419M | $423M | $417M | $424M | $433M | $409M | $428M | $399M | $202M |
| Total current liabilities | $19M | $16M | $21M | $29M | $21M | $22M | $17M | $15M | $11M | $6M |
| Long-term debt | $193M | $182M | $169M | $158M | — | — | $103M | $101M | $82M | $83M |
| Total liabilities | $277M | $254M | $246M | $218M | $202M | $183M | $160M | $178M | $142M | $94M |
| Shareholders' equity | $173M | $161M | $172M | $194M | $216M | $245M | $244M | $245M | $251M | $103M |
| Net debt | $191M | $183M | $149M | $145M | $6M | $3M | $105M | $103M | $81M | $45M |
Cash flow
Fiscal years, from Alico's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $30M | $27M | $19M | $49M | $1M | $17M | $7M | -$6M | -$30M | $20M |
| Capital spending | $14M | $13M | $16M | $18M | $19M | $22M | $21M | $17M | $18M | $6M |
| Free cash flow | $16M | $14M | $2M | $31M | -$18M | -$6M | -$14M | -$23M | -$48M | $15M |
| Stock-based compensation | $924,000 | $2M | $3M | $824,000 | $1M | $1M | $1M | $935,000 | $719,000 | $735,000 |
| Dividends paid | $2M | $2M | $2M | $2M | $2M | $7M | $15M | $5M | $2M | $2M |
| Share buybacks (net) | -$3M | -$3M | -$2M | -$26M | -$238,000 | — | — | — | — | — |
| Net borrowing | $2M | $0 | $0 | — | — | — | — | — | — | — |
| Free cash flow margin | 11.1% | 10.9% | 2.7% | 25.2% | -19.2% | -5.3% | -15.5% | -57.5% | -103.7% | 33.2% |
| Dividends per share | $0.24 | $0.24 | $0.24 | $0.24 | $0.33 | $0.95 | $2.00 | $0.65 | $0.20 | $0.20 |
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Open ALCO in InvestinglyQuestions
What was Alico's revenue in 2025?
$44M in fiscal 2025, from its 10-K filing.
How much free cash flow does Alico generate?
$15M in fiscal 2025 (operating cash flow minus capital spending).
From Alico's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.