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Alico (ALCO) investor relations material
Alico Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Completed a strategic pivot from citrus production to a diversified land company, with 25% of holdings targeted for development and 75% in agriculture, marking a milestone year.
Successfully executed the final major citrus harvest and concluded capital-intensive citrus operations, exceeding land sales guidance with $23.8 million in proceeds.
Exceeded financial guidance across key metrics, including adjusted EBITDA and land sales.
Advanced major development projects, notably Corkscrew Grove Villages, achieving regulatory milestones and establishing a significant stewardship district.
Maintained a strong commitment to conservation, with substantial acreage placed into permanent conservation.
Financial highlights
Fiscal 2025 revenue was $44.1 million, down 5.5% from $46.6 million in 2024; Q4 revenue was $802,000, down from $935,000 year-over-year.
Net loss for fiscal 2025 was $147.3 million, or $19.29 per diluted share, primarily due to $162.7 million in accelerated depreciation and $25 million in asset impairments.
Adjusted EBITDA reached $22.5 million, surpassing the $20 million target but down 24.2% year-over-year.
Ended the year with $38.1 million in cash and reduced net debt to $47.4 million from $89 million year-over-year.
Cash flow from operations was $20.1 million, a turnaround from a $30.5 million outflow in 2024.
Outlook and guidance
No specific guidance provided for fiscal 2026 land sales or revenue, but sufficient cash to meet expected operating expenses through fiscal 2027.
Focus remains on optimizing agricultural leasing, advancing development projects, and maintaining disciplined capital allocation.
Corkscrew Grove Villages entitlement decision expected in 2026; construction could begin in 2028 or 2029.
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