Revenue

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Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.

Local Bounti Corporation

The significance of a company's longevity in the market

Years since IPO

Evaluation of recent trends and improvements in the company's revenue

Revenue Growth

Assessment of recent increases in earnings per share, indicating profitability

EPS Growth

Review of the company's ability to generate free cash flow over recent periods

FCF Growth

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Debt

REPORTS 28% YEAR-OVER-YEAR REVENUE GROWTH DRIVEN BY EXPANDED FACILITY OPERATIONS AND STRENGTHENED RETAIL RELATIONSHIPS ACHIEVED $7 MILLION IN ANNUALIZED EXPENSE REDUCTIONS IN THE FIRST HALF OF 2025 WITH ADDITIONAL $2.5 TO $3 MILLION OF COST OPTIMIZATION INITIATIVES TO BE ACTIONED IN THE SECOND HALF OF 2025 CLOSED ON $10 MILLION CONVERTIBLE NOTE AND AMENDED CREDIT FACILITY WITH $10 MILLION PRINCIPAL DEBT REDUCTION HAMILTON, MONT. , AUG. 13, 2025 /PRNEWSWIRE/ --LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025.

LOCAL BOUNTI ANNOUNCES SECOND QUARTER 2025 FINANCIAL RESULTS

HAMILTON, MONT. , AUG. 13, 2025 /PRNEWSWIRE/ -- LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED THE APPOINTMENT OF DANE ALMASSY AS ITS CHIEF COMMERCIAL OFFICER (CCO), EFFECTIVE AUGUST 25, 2025.

LOCAL BOUNTI APPOINTS DANE ALMASSY AS CHIEF COMMERCIAL OFFICER

HAMILTON, MONT. , AUG. 8, 2025 /PRNEWSWIRE/ --LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED IT WILL RELEASE ITS FINANCIAL RESULTS FOR THE FISCAL SECOND QUARTER ENDED JUNE 30, 2025 BEFORE THE MARKET OPENS ON WEDNESDAY, AUGUST 13, 2025.

LOCAL BOUNTI TO RELEASE SECOND QUARTER 2025 FINANCIAL RESULTS ON WEDNESDAY, AUGUST 13, 2025

CLOSED ON $10 MILLION CONVERTIBLE NOTE AND AMENDED CREDIT FACILITY WITH $10 MILLION PRINCIPAL DEBT REDUCTION HAMILTON, MONT. , AUG. 4, 2025 /PRNEWSWIRE/ -- LOCALBOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED THAT IT SECURED $10 MILLION THROUGH THE ISSUANCE OF A CONVERTIBLE NOTE WITH AN EXISTING INVESTOR.

LOCAL BOUNTI SECURES ADDITIONAL FINANCING WITH EXISTING INVESTORS

REPORTS 38% YEAR-OVER-YEAR REVENUE GROWTH AND REAFFIRMS PATH TO POSITIVE ADJUSTED EBITDA IN THIRD QUARTER 2025 THROUGH EXPANDED DISTRIBUTION, YIELD IMPROVEMENTS, AND DISCIPLINED COST MANAGEMENT HAMILTON, MONT. , MAY 14, 2025 /PRNEWSWIRE/ --LOCALBOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 2025 AND PROVIDED ITS REVENUE OUTLOOK FOR SECOND QUARTER 2025.

LOCAL BOUNTI ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS

HAMILTON, MONT. , MAY 12, 2025 /PRNEWSWIRE/ -- LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED IT WILL RELEASE ITS FINANCIAL RESULTS FOR THE FISCAL FIRST QUARTER ENDED MARCH 31, 2025 BEFORE THE MARKET OPENS ON WEDNESDAY, MAY 14, 2025.

LOCAL BOUNTI TO RELEASE FIRST QUARTER 2025 FINANCIAL RESULTS ON WEDNESDAY, MAY 14, 2025

SECURED $27.5 MILLION OF NEW FUNDING - CLOSED $25 MILLION OF NEW EQUITY PROCEEDS AND $2.5 MILLION OFCAPEX FINANCING UNDER EXECUTED TERM SHEET AND COMPLETED THE RESTRUCTURING OF ITS EXISTING CREDIT FACILITY  INCLUDING A NEARLY 40% REDUCTION THROUGH DEBT EXTINGUISHMENT OF APPROXIMATELY $197 MILLION, A SIGNIFICANTLY LOWER INTEREST RATE, AND EXTENDED REPAYMENT TERMS WITH NO CASH PAYMENTS UNTIL APRIL 2027 ANNOUNCES LEADERSHIP SUCCESSION AND NEW BOARD APPOINTMENTS  PRESIDENT KATHLEEN VALIASEK SUCCEEDS CRAIG HURLBERT AS CEO, MR. HURLBERT NAMED EXECUTIVE CHAIRMAN FURTHER EXPANSION OF REGIONAL DISTRIBUTION WITH WALMART HAMILTON, MONT.

LOCAL BOUNTI ANNOUNCES FULL YEAR 2024 FINANCIAL RESULTS

HAMILTON, MONT. , MARCH 28, 2025 /PRNEWSWIRE/ -- LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED IT WILL RELEASE ITS FINANCIAL RESULTS FOR THE FISCAL FULL YEAR ENDED DECEMBER 31, 2024 AFTER THE MARKET CLOSES ON MONDAY, MARCH 31, 2025.

LOCAL BOUNTI TO RELEASE FULL YEAR 2024 FINANCIAL RESULTS ON MONDAY, MARCH 31, 2025

NEW DISTRIBUTION UNDERSCORES LOCAL BOUNTI'S CUSTOMER-CENTRIC APPROACH AND COMMERCIAL MOMENTUM HAMILTON, MONT. , DEC. 16, 2024 /PRNEWSWIRE/ --LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED THAT IT HAS RECEIVED A TWO-YEAR AWARD FROM A LARGE MULTINATIONAL RETAILER (THE "RETAILER") TO SUPPLY LOCAL BOUNTI'S LIVING BUTTER LETTUCE PRODUCT TO 13 OF THE RETAILER'S DISTRIBUTION CENTERS FROM LOCAL BOUNTI'S CALIFORNIA AND NEW TEXAS FACILITIES.

LOCAL BOUNTI ANNOUNCES MULTI-YEAR AWARD WITH LARGE MULTINATIONAL RETAILER

COMMERCIAL MOMENTUM ACCELERATING WITH EXPANDED PRODUCT ASSORTMENT AND INCREASED GROWING CAPACITY INCREASED SCALE DRIVING STRATEGIC DISCUSSIONS WITH CUSTOMERS TO ALIGN RESPECTIVE FOOTPRINTS FOR NEXT CHAPTER OF GROWTH HAMILTON, MONT. , NOV. 14, 2024 /PRNEWSWIRE/ --LOCALBOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2024 AND PROVIDED EXPECTATIONS FOR FOURTH QUARTER 2024.

LOCAL BOUNTI ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS

HAMILTON,MONT., NOV. 11, 2024 /PRNEWSWIRE/ -- LOCALBOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED IT WILL RELEASE ITS FINANCIAL RESULTS FOR THE FISCAL THIRD QUARTER ENDED SEPTEMBER 30, 2024 BEFORE THE MARKET OPENS ON THURSDAY, NOVEMBER 14, 2024.

LOCAL BOUNTI TO RELEASE THIRD QUARTER 2024 FINANCIAL RESULTS ON THURSDAY, NOVEMBER 14, 2024

RECENTLY BEGAN SHIPPING TO SAM'S CLUB AND BROOKSHIRE'S OUT OF TEXAS FACILITY NEGOTIATING AN ADDITIONAL $175 MILLION FINANCING COMMITMENT FOR A TOTAL OF UP TO $400 MILLION IN CAPITAL COMMITMENTS TO SUPPORT 2024 AND FUTURE PROJECTS INCLUDING WORKING CAPITAL AND STRATEGIC GROWTH CAPITAL  ANTICIPATE CLOSING IN THIRD QUARTER OF 2024 REITERATES FULL YEAR 2024 SALES GUIDANCE OF $50 TO $60 MILLION, REPRESENTING A DOUBLING OF REVENUE VERSUS 2023 HAMILTON, MONT. , AUG. 13, 2024 /PRNEWSWIRE/ -- LOCAL BOUNTI CORPORATION (NYSE: LOCL) ("LOCAL BOUNTI" OR THE "COMPANY"), A BREAKTHROUGH U.S. INDOOR AGRICULTURE COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2024 AND REITERATED FULL YEAR 2024 GUIDANCE.

Local Bounti Corporation

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Local Bounti Corporation

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