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Alico (ALCO)

Alico, Inc. primarily operates two divisions: Alico Citrus, one of the nation's largest citrus producers, and Land Management and Other Operations, which includes environmental services, land leasing and related support operations.

Company profile

Ticker
ALCO
Exchange
CEO
John E. Kiernan
Employees
Incorporated
Location
Fiscal year end
Former names
ALICO INC
SEC CIK
Subsidiaries
Alico Land Development, Inc. • Alico Fruit Company, LLC • Alico-Agri, LTD. • Alico Plant World LLC • Alico Citrus Nursery, LLC • 734 Citrus Holdings, LLC • 734 LMC Groves, LLC • 734 BLP Groves, LLC • 734 CO-OP Groves LLC • 734 Harvest LLC ...
IRS number
590906081

ALCO stock data

Calendar

8 May 22
26 Jun 22
30 Sep 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Sep 21 Sep 20 Sep 19 Sep 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 26.18M 26.18M 26.18M 26.18M 26.18M 26.18M
Cash burn (monthly) (no burn) (no burn) (no burn) (no burn) (no burn) 27K
Cash used (since last report) n/a n/a n/a n/a n/a 77.47K
Cash remaining n/a n/a n/a n/a n/a 26.1M
Runway (months of cash) n/a n/a n/a n/a n/a 966.6

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
24 May 22 James Sampel Alico, Inc., Common Stock, Par Value $1.00 Sell Dispose S No No 42 3,000 126K 991
24 May 22 James Sampel Alico, Inc., Common Stock, Par Value $1.00 Option exercise Acquire M No No 33.96 3,000 101.88K 3,991
24 May 22 James Sampel Employee stock option Common Stock Option exercise Dispose M No No 33.96 3,000 101.88K 9,000
18 May 22 John E Kiernan Alico, Inc., Common Stock, Par Value $1.00 Grant Acquire A No No 0 12,500 0 36,579
13 Apr 22 Richard Rallo Alico, Inc., Common Stock, Par Value $1.00 Option exercise Acquire M No No 33.96 3,000 101.88K 9,293
13 Apr 22 Richard Rallo Employee stock option Common Stock Option exercise Dispose M No No 33.96 3,000 101.88K 24,000
1 Apr 22 Brokaw George R Alico, Inc., Common Stock, Par Value $1.00 Grant Acquire A No No 37.98 494 18.76K 258,968
1 Apr 22 Eisner R. Gregory Alico, Inc., Common Stock, Par Value $1.00 Grant Acquire A No No 37.98 494 18.76K 28,867
39.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 79 71 +11.3%
Opened positions 18 15 +20.0%
Closed positions 10 11 -9.1%
Increased positions 34 21 +61.9%
Reduced positions 14 19 -26.3%
13F shares Current Prev Q Change
Total value 112.93M 158.44M -28.7%
Total shares 3M 3.23M -7.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Dimensional Fund Advisors 352.85K $13.25M +6.1%
Vanguard 271.08K $10.18M +21.8%
Pacific Ridge Capital Partners 203.66K $7.65M +9.9%
CM Management 180K $6.76M +9.1%
Deprince Race & Zollo 159.03K $5.97M -8.6%
Uniplan Investment Counsel 142.4K $5.35M +0.7%
BLK Blackrock 132.7K $4.99M +29.7%
Oak Family Advisors 126.49K $4.75M +45.6%
Towerview 92.5K $3.47M +18.6%
BK Bank Of New York Mellon 78.78K $2.96M +2.2%
Largest transactions Shares Bought/sold Change
Continental Grain 0 -724.24K EXIT
Ancora Advisors 49.09K +48.75K +14338.2%
Vanguard 271.08K +48.58K +21.8%
Virtus ETF Advisers 44.8K +44.8K NEW
Boothbay Fund Management 71.36K +44.06K +161.4%
Oak Family Advisors 126.49K +39.59K +45.6%
BLK Blackrock 132.7K +30.41K +29.7%
First Eagle Investment Management 38.97K +25.97K +199.8%
GS Goldman Sachs 32.05K +25.31K +375.5%
Citadel Advisors 0 -23.89K EXIT

Financial report summary

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Risks
  • Our business operations could be significantly harmed by natural disasters or global epidemics.
  • Adverse weather conditions, natural disasters and other natural conditions, including the effects of climate change, could impose significant costs and losses on our business.
  • Our citrus groves are geographically concentrated in Florida and the effects of adverse weather conditions including hurricanes and tropical storms could adversely affect our results of operations, financial position and cash flows.
  • A significant portion of our revenues are derived from our citrus business and any adverse event affecting such business could disproportionately harm our business.
  • Our failure to effectively perform grove management functions or to effectively manage an expanded portfolio of groves could materially and adversely affect our business, financial condition, and results of operations.
  • Our business is highly competitive and we cannot assure you that we will maintain our current market share.
  • We depend on our relationship with Tropicana and Tropicana’s relationship with certain third parties for a significant portion of our business. Any disruption in these relationships could harm our revenue. Additionally, if certain criteria are not met under one of our contracts with Tropicana, we could experience a significant reduction in revenues and cash flows.
  • With the sale of a majority of ownership of Tropicana to a French private equity firm, there is some heightened risk and uncertainty in our current relationship with Tropicana, which potentially could result in a significant reduction in revenues and cash flows if that relationship were to be changed as a result.
  • Our agricultural products are subject to supply and demand pricing which is not predictable.
  • We are subject to the risk of product contamination and product liability claims.
  • Our agricultural operations are subject to water use regulations restricting our access to water.
  • Changes in immigration laws could impact our ability to harvest our crops.
  • If a transaction intended to qualify as a Section 1031 Exchange is later determined to be taxable, we may face adverse consequences, and if the laws applicable to such transactions are amended or repealed, we may not be able to dispose of properties in the future on a tax deferred basis.
  • We may undertake one or more significant corporate transactions that may not achieve their intended results, may adversely affect our financial condition and our results of operations or result in unforeseeable risks to our business.
  • Our citrus business is seasonal.
  • We face significant competition in our agricultural operations.
  • Our earnings are sensitive to fluctuations in market supply and prices and demand for our products.
  • Climate change, or legal, regulatory, or market measures to address climate change, may negatively affect our business and operations.
  • Increases in labor, personnel and benefits costs could adversely affect our operating results.
  • Increases in commodity or raw product costs, such as fuel and chemical costs, could adversely affect our operating results.
  • We are subject to transportation risks.
  • We benefit from reduced real estate taxes due to the agricultural classification of a majority of our land. Changes in the classification or valuation methods employed by county property appraisers could cause significant changes in our real estate property tax liabilities.
  • Liability for the use of fertilizers, pesticides, herbicides and other potentially hazardous substances could increase our costs.
  • Our business may be adversely affected if we lose key employees.
  • If our internal controls are ineffective, our operating results could be adversely affected.
  • Inflation can have a significant adverse effect on our operations.
  • We incur increased costs as a result of being a publicly traded company.
  • System security risks, data protection breaches, cyber-attacks and systems integration issues could disrupt our internal operations or services provided to customers, and any such disruption could reduce our expected revenues, increase our expenses, damage our reputation and adversely affect our stock price.
  • We maintain a significant amount of indebtedness which could adversely affect our financial condition, results of operations or cash flows and may limit our operational and financing flexibility and negatively impact our business.
  • We may be unable to generate sufficient cash flow to service our debt obligations.
  • Some of our debt is based on variable rates of interest, which could result in higher interest expenses in the event of an increase in the interest rates.
  • We may not be able to continue to pay or maintain our cash dividends on our common stock and the failure to do so may negatively affect our share price.
  • There can be no assurance that we will resume the repurchase of shares of our common stock.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accrual, deposit, fully, human, investor, lesser, low, maximize, Mortgage, partner, professional, restated, small
Removed: actively, project, subsequent