LOCL
Local Bounti CorpKey Statistics
About Local Bounti Corp
Local Bounti Corp is a pioneering agritech firm dedicated to revolutionizing sustainable agriculture through its cutting-edge indoor farming solutions. By utilizing advanced cultivation technologies and proprietary systems, the company produces premium-quality, fresh produce while minimizing its environmental footprint and enhancing food security. This innovative approach positions Local Bounti favorably within the burgeoning market for environmentally friendly agricultural practices, effectively addressing the pressing challenges of contemporary food production. With a steadfast commitment to sustainability and operational excellence, Local Bounti is well-positioned for significant growth as demand for sustainable food sources escalates.
Fundamentals
| Revenue (TTM) | $48.37M |
| Gross Profit (TTM) | $5.86M |
| EBITDA | $-35.67M |
| Operating Margin | -106.10% |
| Return on Equity | -2448.00% |
| Return on Assets | -8.78% |
| Revenue/Share (TTM) | $2.86 |
| Book Value | $-7.48 |
| Price-to-Book | 0.46 |
| Price-to-Sales (TTM) | 1.13 |
| EV/Revenue | 11.03 |
| EV/EBITDA | -1.77 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 23.70% |
| Shares Outstanding | $22.80M |
| Float | 571,010 |
| % Insiders | 96.52% |
| % Institutions | 5.93% |
Historical Volatility
Volatility is currently expanding