LOCL · Local Bounti Corporation · Financials
The latest filing states the doubt was alleviated.
“The Company's expectation of generating operating losses and negative operating cash flows in the future, and the need for additional funding to support the Company's planned operations initially raised substantial doubt regarding its ability to continue as a going concern. However, based on management's current operating plan, the Company believes its cash on hand, projected cash generated from product sales, as well as the financing completed on August 7, 2026, which provided $12.5 million of gross proceeds through the issuance of a convertible note and warrant as disclosed in Note 13, Subsequent Events, will be sufficient to fund the Company's operations for at least 12 months from the issuance date of the accompanying Consolidated Financial Statements and alleviate the conditions that initially raised substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 12, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| $51.84M | $48.37M | $38.14MG | $27.56MG | $19.47MG | $638K | $82K | |
| — | — | — | -$25.75M | -$16.73M | -$6.62M | -$522K | |
| $46.34M | $42.51M | $34.05M | $25.34M | $17.26M | $432K | $91K | |
| $5.51M | $5.86M | $4.09M | $2.22M | $2.22M | $206K | -$9000 | |
| — | 12.12% | 10.72% | 8.04% | 11.37% | 32.29% | -10.98% | |
| $22.41M | $25.58M | $22.29M | $16.09M | $14.06M | $3.43M | $1.08M | |
| $9.76M | $9.14M | $7.89M | — | — | — | — | |
| $32.67M | $33.77M | $32.88M | — | — | — | — | |
| — | — | $40.77M | $64.56M | $82.68M | $41.5M | $6.83M | |
| $2.78M | $3.31M | $3.57M | $5.92M | $5.03M | $0 | — | |
| $22.66M | $23.2M | $18.87M | $13.13M | $10.43M | $684K | — | |
| $64.83M | $68.49M | $63.06M | $119.13M | $96.74M | $44.92M | $7.91M | |
| -$59.33M | -$62.63M | -$58.97M | -$116.91M | -$94.53M | -$44.72M | -$7.92M | |
| — | -129.49% | -154.62% | -424.25% | -485.4% | -7008.93% | -9660.98% | |
| -$36.66M | -$39.43M | -$40.1M | -$103.78M | -$84.1M | -$44.03M | — | |
| $3.4M | $3.77M | -$2.82M | $157K | $189K | $309K | $0 | |
| — | — | — | — | — | -$56.09M | -$8.41M | |
| — | $0 | $0 | $0 | $0 | $0 | $0 | |
| -$67.67M | -$94.38M | -$119.9M | -$124.02M | -$111.07M | -$56.09M | -$8.41M | |
| — | -195.14% | -314.39% | -450.03% | -570.36% | -8792.01% | -10254.88% | |
| -$67.67M | -$94.78M | -$119.9M | — | — | — | — | |
| USD/shares | -$0.87 | -$5.61 | -$14.14 | -$15.61 | -$16.57 | -$13.78 | -$2.21 |
| USD/shares | -$0.87 | -$5.61 | -$14.14 | -$15.61 | -$16.57 | -$13.78 | -$2.21 |
| shares | — | 16.9M | 8.48M | 7.94M | 6.7M | 4.07M | 3.82M |
| shares | — | 16.9M | 8.48M | 7.94M | 6.7M | 4.07M | 3.82M |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current finance lease liabilities | 2026-06-30 | USD 111,000 | 10-Q filed 2026-08-12 |
| Current operating lease liabilities | 2026-06-30 | USD 33,000 | 10-Q filed 2026-08-12 |
| Noncurrent finance lease liabilities | 2026-06-30 | USD 297,000 | 10-Q filed 2026-08-12 |
| Noncurrent debt carrying amount | 2026-06-30 | USD 489,279,000 | 10-Q filed 2026-08-12 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 9,000 | 10-Q filed 2026-08-12 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 8 similar-size Farm Products companies (of 21 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Reportable Segment | $48,365,000 | $38,138,000 | $27,557,000 |
By Product & Service (USD)
| Component | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Produce | $19,474,000 | $551,000 | $82,000 |
| Intellectual Property Product | $0 | $87,000 | $0 |