Local Bounti (LOCL) stock price, chart and financials
Price chart
Financials
- Revenue (quarter)
- $13.8M
- Gross margin
- 10.62%
- Net income (quarter)
- −$19.8M
- Net margin
- −130.52%
- Book value per share
- −$8.49
- Debt to assets
- 148.89%
Company profile
Local Bounti Corp is a controlled environment agriculture company. The business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides. The products of the company include living lettuce, leafy greens, herbs, and others.
Frequently asked questions
Is Local Bounti (LOCL) profitable?
No. Local Bounti reported a net loss of $67.7M over the trailing twelve months.
How much revenue does Local Bounti (LOCL) make?
Local Bounti generated $51.8M in revenue over the trailing twelve months, up 14.43% year over year.
How do I buy stock in Local Bounti (LOCL)?
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