Local Bounti Corp is an innovative agritech leader focused on transforming sustainable agriculture through its state-of-the-art indoor farming solutions. By employing advanced cultivation technologies and proprietary systems, the company cultivates high-quality, fresh produce while significantly reducing its environmental impact and contributing to food security. Positioned within the expanding market for sustainable agricultural practices, Local Bounti is strategically addressing the urgent challenges of modern food production. With a strong dedication to sustainability and operational efficiency, the company is poised for considerable growth as the demand for eco-friendly food sources continues to rise.
| Revenue (TTM) | $50.10M |
| Gross Profit (TTM) | $5.93M |
| EBITDA | $-32.88M |
| Operating Margin | -92.90% |
| Return on Equity | -2448.00% |
| Return on Assets | -8.14% |
| Revenue/Share (TTM) | $2.42 |
| Book Value | $-7.48 |
| Price-to-Book | 0.46 |
| Price-to-Sales (TTM) | 0.86 |
| EV/Revenue | 10.43 |
| EV/EBITDA | -1.77 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 14.90% |
| Shares Outstanding | $22.80M |
| Float | 650,920 |
| % Insiders | 0.00% |
| % Institutions | 4.60% |
Volatility is currently expanding