Detail akcie Alico Inc online

Business Summary: Alico, Inc. is an agribusiness and land management company. The Company's principal lines of business are citrus groves and conservation. The Company's segments include Alico Citrus and Land Management and Other Operations. The Alico Citrus segment owns and manages citrus land in DeSoto, Polk, Collier, Hendry, Charlotte, Highlands, and Hardee Counties in the state of Florida and engages in the cultivation of citrus trees to produce citrus for delivery to the fresh and processed citrus markets. The Land Management and Other Operations segment owns and manages land in Collier, Glades, and Hendry Counties and is engaged in land leasing for recreational and grazing purposes, conservation, and mining activities. The Company owns approximately 81,000 acres of land and approximately 90,000 acres of mineral rights throughout Florida. The Company holds these mineral rights on all its owned acres, with additional mineral rights on other acres.
Financial Summary: BRIEF: For the six months ended 31 March 2022, Alico, Inc. revenues decreased 7% to $65M. Net income increased from $8.7M to $30.8M. Revenues reflect Alico Citrus segment decrease of 6% to $63.8M, Land Management and Other Operations segment decrease of 19% to $1.2M. Net income reflects Gain on sale of real estate and property increase from $3.3M to $35M (income), Interest expense Gross decrease of 18% to $2.4M (expense).