ALICO, INC.

Listed Company

ALCOCIK 0000003545NasdaqNon-AcceleratedSmaller ReportingAgricultural Production-CropsFloridaFY ends Sep 1

Period

FY 2025

Revenue

$44.07M

Net Income

$-147.33M

Total Assets

$201.53M

Equity

$103.03M

Shares Out

7.66M

Op. Cash Flow

$20.13M

Business

ALICO, INC. is an agribusiness and land management company that focuses on citrus production, conservation and strategic land development with diversified agricultural operations. It offers planting, owning, cultivating and managing citrus groves for fresh and processed markets, purchase and resale of fruit, contracting for harvesting, marketing and hauling, plus leasing for grazing, hunting, conservation, mining royalties and farmland leases and development services. The company reports two segments — Alico Citrus and Land Management and Other Operations — with Alico Citrus substantially wound down after the 2024–2025 harvest. ALICO manages approximately 49,537 acres across eight Florida counties and distributes citrus to fresh and processed markets while pursuing land sales, leases and real estate development in Florida.

Summary from filing dated 2025-11-24

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30
Total operating revenues	44	47	40	92	109
Total operating expenses	236	103	33	107	85
Gross loss	−192	−56	6	−15	24
General and administrative expenses	12	11	11	10	9
Loss from operations	−204	−67	−4	−25	14
Interest income	793,000	385,000	58,000	21,000	23,000
Interest expense	−5	−4	−5	−3	−4
Gain on sale of property and equipment	22	82	12	41	36
Other income, net	256,000	0	0	0	13,000
Total other income, net	18	78	7	38	32
(Loss) income before income taxes	−186	11	2	13	46
Income tax (benefit) provision	−38	5	801,000	1	12
Net (loss) income	−148	6	2	12	35
Net loss attributable to noncontrolling interests	174,000	618,000	177,000	573,000	39,000
Net (loss) income attributable to Alico, Inc. common stockholders	−147	7	2	12	35
Basic (in dollars per share)	−19.29	0.91	0.24	1.65	4.64
Diluted (in dollars per share)	−19.29	0.91	0.24	1.65	4.64
Basic (in shares)	8	8	8	8	8
Diluted (in shares)	8	8	8	8	8
Cash dividends declared per common share (in dollars per share)	0.2	0.2	0.2	2	1.36

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30
Cash and cash equivalents	38	3	1	865,000	886,000
Accounts receivable, net	1	771,000	712,000	324,000	6
Inventories	4	30	52	28	43
Income tax receivable	338,000	2	1	1	3
Assets held for sale	9	3	2	205,000	160,000
Prepaid expenses and other current assets	2	2	2	1	1
Total current assets	55	41	59	32	55
Restricted cash	762,000	248,000	3	0	—
Property and equipment, net	142	353	362	372	373
Goodwill	2	2	2	2	2
Other non-current assets	2	3	3	3	3
Total assets	202	399	428	409	433
Accounts payable	403,000	3	6	3	7
Accrued liabilities	5	5	5	9	10
Current portion of long-term debt	250,000	1	3	3	4
Other current liabilities	527,000	513,000	825,000	1	875,000
Total current liabilities	6	11	15	17	22
Long-term debt, net	83	82	101	103	—
Lines of credit	3	8	25	5	—
Deferred income tax liabilities, net	2	41	36	36	39
Other liabilities	38,000	193,000	369,000	435,000	306,000
Total liabilities	94	142	178	160	183
Commitments and Contingencies (Note 15)	—	—	—	—	—
Preferred stock, no par value, 1,000,000 shares authorized; none issued	0	0	0	0	—
Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 shares issued and 7,645,360 and 7,628,639 shares outstanding at September 30, 2025 and September 30, 2024, respectively	8	8	8	8	8
Additional paid in capital	20	20	20	20	20
Treasury stock, at cost, 770,785 and 787,506 shares held at September 30, 2025 and September 30, 2024, respectively	−26	−27	—	−28	−30
Retained earnings	100	249	244	243	246
Total Alico stockholders equity	103	251	245	244	245
Noncontrolling interest	5	5	5	5	5
Total stockholders equity	108	256	250	249	250
Total liabilities and stockholders equity	202	399	428	409	433

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30
Depreciation, depletion and amortization	177	15	15	15	15
Debt issue costs expense	292,000	209,000	141,000	255,000	179,000
Deferred income tax (benefit) provision	−38	4	821,000	−4	2
Gain on sale of property and equipment	−22	−82	−12	−41	−36
Impairment of long-lived assets	25	0	—	—	—
Inventory net realizable value adjustment	10	48	2	7	0
Loss on early extinguishment of debt	771,000	0	—	—	—
Loss on disposal of property and equipment	780,000	7	10	3	2
Stock-based compensation expense	735,000	719,000	935,000	1	1
Other, net	202,000	59,000	−2,000	160,000	−117,000
Accounts receivable	−243,000	−59,000	−388,000	6	−2
Inventories	16	−26	−26	−6	−3
Prepaid expenses	−487,000	160,000	−294,000	−271,000	−115,000
Income tax receivable	2	−758,000	−84,000	2	−2
Other assets	−134,000	−142,000	235,000	−450,000	575,000
Accounts payable and accrued liabilities	−3	−3	2	−5	3
Other liabilities	128,000	−416,000	−499,000	324,000	−576,000
Net cash provided by (used in) operating activities	20	−30	−6	7	17
Purchases of property and equipment	−6	−18	−17	−21	−22
Proceeds from sale of property and equipment	29	86	11	43	37
Other, net	570,000	−395,000	412,000	176,000	251,000
Net cash provided by investing activities	24	68	−4	22	−3
Repayments on revolving lines of credit	−25	−53	−59	−52	−51
Borrowings on revolving lines of credit	19	37	79	57	48
Principal payments on term loans	−11	−20	−2	−20	−22
Borrowings on term loans	10	0	—	—	—
Capital contributions received from non-controlling interests	0	368,000	441,000	294,000	0
Dividends paid	−2	−2	−5	−15	−7
Net cash used in financing activities	−9	−38	13	−29	−32
Net increase (decrease) in cash and cash equivalents and restricted cash	35	−294,000	3	−21,000	−19
Cash paid for interest, net of amount capitalized	4	4	4	3	4
Cash (received) paid for income taxes, net of refunds	−2	890,000	0	3	12

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro