Market Cap 33.18M
Revenue (ttm) 38.14M
Net Income (ttm) -119.90M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -314.37%
Debt to Equity Ratio -3.57
Volume 31,400
Avg Vol 14,344
Day's Range N/A - N/A
Shares Out 10.92M
Stochastic %K 94%
Beta 2.03
Analysts Strong Sell
Price Target $7.50

Company Profile

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

Industry: Farm Products
Sector: Consumer Defensive
Phone: 800 640 4016
Address:
490 Foley Lane, Hamilton, United States
ProdigyTraders
ProdigyTraders Jul. 6 at 2:06 AM
Why I am bullish on PMAX for upcoming days and you should too! Last weeks volume indicates this is setting up for a big move ahead! 0 shares to borrow, shorts have 11.5 days to cover, floats locked up. It has a high chance of a squeeze. $QSI $LOCL $GTI $HTCI
0 · Reply
Mr_Maniacal
Mr_Maniacal Jul. 2 at 5:41 PM
3 · Reply
utbama82
utbama82 Jun. 23 at 4:23 AM
$LOCL Competiton sucks. Why can't his utopian company be on the Utopia Stock Exchange?
0 · Reply
utbama82
utbama82 Jun. 17 at 11:53 PM
$SEB $CHSCP $TSN $CTVA Anyone have good knowledge of Cargill? I'm inquiring about a tiny CEA lettuce grower named $LOCL. They are last of the publicly traded CEA companies (except the pot growers) still standing. They are in hock to Cargill for about half a billion, just excused some debt, and Charles Schwab Sr just bought controlling interest for a tiny $25M. Its a real dog with only 40M rev and losses 300% of rev. I suspect its being set up for easy bk with Schwab as stalking horse. But, Cargill and Schwab may just be hobby "patrons" of a little farmer company, like a big boy equivalent of my gardening? But Cargill has been carrying them for years, with a dozen technical defaults on loans, all excused with penalties and grants of warrants. So, any insight? Is it normal for Cargill to throw around money for one of the family members pet projects? It runs counter to the way any of the several billionaires I've dealt with do business, which is bottom dollar ruthless.
1 · Reply
utbama82
utbama82 Jun. 17 at 11:19 PM
$ADM $NSRGY $BG $GIS Anyone have good knowledge of Cargill? I'm inquiring about a tiny CEA lettuce grower named $LOCL. They are last of the publicly traded CEA companies (except the pot growers) still standing. They are in hock to Cargill for about half a billion, just excused some debt, and Charles Schwab Sr just bought controlling interest for a tiny $25M. Its a real dog with only 40M rev and losses 300% of rev. I suspect its being set up for easy bk with Schwab as stalking horse. But, Cargill and Schwab may just be hobby "patrons" of a little farmer company, like a big boy equivalent of my gardening? But Cargill has been carrying them for years, with a dozen technical defaults on loans, all excused with penalties and grants of warrants. So, any insight? Is it normal for Cargill to throw around money for one of the family members pet projects? It runs counter to the way any of the several billionaires I've dealt with do business, which is bottom dollar ruthless.
0 · Reply
utbama82
utbama82 Jun. 16 at 6:12 PM
$LOCL The entire rev of this company is only half the revenue of single Wal Mart supercenter, yet it's a public company! Insanity.
0 · Reply
utbama82
utbama82 Jun. 16 at 5:03 PM
$LOCL Holy dilution batman! It's official. Run!
0 · Reply
utbama82
utbama82 Jun. 14 at 11:45 PM
$LOCL Here's the filing form Schwab Srs. massive dilution.
0 · Reply
utbama82
utbama82 Jun. 12 at 5:27 PM
$LOCL So lonely here.....ahhhh. but nice and quiet. Did everyone see the 100%+ dilution was approved at the 6-minute annual meeting yesterday? I cook eggs longer than that. ......... Thanks for the heads up , but yes, yes I did.
0 · Reply
utbama82
utbama82 Jun. 10 at 3:08 PM
$LOCL Annual meeting coming tomorro. I expect Charlie to put his foot in something.
0 · Reply
Latest News on LOCL
Local Bounti Corporation (LOCL) Q1 2025 Earnings Call Transcript

May 15, 2025, 10:28 PM EDT - 7 weeks ago

Local Bounti Corporation (LOCL) Q1 2025 Earnings Call Transcript


Local Bounti Announces First Quarter 2025 Financial Results

May 14, 2025, 7:15 AM EDT - 7 weeks ago

Local Bounti Announces First Quarter 2025 Financial Results


Local Bounti Corporation (LOCL) Q4 2024 Earnings Call Transcript

Mar 31, 2025, 6:32 PM EDT - 3 months ago

Local Bounti Corporation (LOCL) Q4 2024 Earnings Call Transcript


Local Bounti Announces Full Year 2024 Financial Results

Mar 31, 2025, 4:05 PM EDT - 3 months ago

Local Bounti Announces Full Year 2024 Financial Results


Local Bounti Corporation (LOCL) Q3 2024 Earnings Call Transcript

Nov 14, 2024, 8:25 PM EST - 8 months ago

Local Bounti Corporation (LOCL) Q3 2024 Earnings Call Transcript


Local Bounti Announces Third Quarter 2024 Financial Results

Nov 14, 2024, 7:15 AM EST - 8 months ago

Local Bounti Announces Third Quarter 2024 Financial Results


Local Bounti Corporation (LOCL) Q2 2024 Earnings Call Transcript

Aug 13, 2024, 1:17 PM EDT - 11 months ago

Local Bounti Corporation (LOCL) Q2 2024 Earnings Call Transcript


Local Bounti Announces Second Quarter 2024 Financial Results

Aug 13, 2024, 7:15 AM EDT - 11 months ago

Local Bounti Announces Second Quarter 2024 Financial Results


Local Bounti Now Shipping Product to Brookshire Grocery Company

Aug 12, 2024, 8:00 AM EDT - 11 months ago

Local Bounti Now Shipping Product to Brookshire Grocery Company


Local Bounti Expands Distribution with Sam's Club

Jul 22, 2024, 8:00 AM EDT - 1 year ago

Local Bounti Expands Distribution with Sam's Club


Local Bounti Announces First Quarter 2024 Financial Results

May 9, 2024, 7:15 AM EDT - 1 year ago

Local Bounti Announces First Quarter 2024 Financial Results


Local Bounti Announces Full Year 2023 Financial Results

Mar 27, 2024, 7:15 AM EDT - 1 year ago

Local Bounti Announces Full Year 2023 Financial Results


Local Bounti Receives Patent for Stack & Flow Technology®

Feb 21, 2024, 8:00 AM EST - 1 year ago

Local Bounti Receives Patent for Stack & Flow Technology®


Local Bounti Announces Third Quarter 2023 Financial Results

Oct 30, 2023, 4:05 PM EDT - 1 year ago

Local Bounti Announces Third Quarter 2023 Financial Results


Local Bounti Announces Second Quarter 2023 Financial Results

Aug 9, 2023, 7:15 AM EDT - 2 years ago

Local Bounti Announces Second Quarter 2023 Financial Results


Local Bounti Corporation (LOCL) Q1 2023 Earnings Call Transcript

May 13, 2023, 10:18 PM EDT - 2 years ago

Local Bounti Corporation (LOCL) Q1 2023 Earnings Call Transcript


Local Bounti Announces First Quarter 2023 Financial Results

May 10, 2023, 7:15 AM EDT - 2 years ago

Local Bounti Announces First Quarter 2023 Financial Results


Local Bounti Announces Full Year 2022 Financial Results

Mar 29, 2023, 7:15 AM EDT - 2 years ago

Local Bounti Announces Full Year 2022 Financial Results


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ProdigyTraders
ProdigyTraders Jul. 6 at 2:06 AM
Why I am bullish on PMAX for upcoming days and you should too! Last weeks volume indicates this is setting up for a big move ahead! 0 shares to borrow, shorts have 11.5 days to cover, floats locked up. It has a high chance of a squeeze. $QSI $LOCL $GTI $HTCI
0 · Reply
Mr_Maniacal
Mr_Maniacal Jul. 2 at 5:41 PM
3 · Reply
utbama82
utbama82 Jun. 23 at 4:23 AM
$LOCL Competiton sucks. Why can't his utopian company be on the Utopia Stock Exchange?
0 · Reply
utbama82
utbama82 Jun. 17 at 11:53 PM
$SEB $CHSCP $TSN $CTVA Anyone have good knowledge of Cargill? I'm inquiring about a tiny CEA lettuce grower named $LOCL. They are last of the publicly traded CEA companies (except the pot growers) still standing. They are in hock to Cargill for about half a billion, just excused some debt, and Charles Schwab Sr just bought controlling interest for a tiny $25M. Its a real dog with only 40M rev and losses 300% of rev. I suspect its being set up for easy bk with Schwab as stalking horse. But, Cargill and Schwab may just be hobby "patrons" of a little farmer company, like a big boy equivalent of my gardening? But Cargill has been carrying them for years, with a dozen technical defaults on loans, all excused with penalties and grants of warrants. So, any insight? Is it normal for Cargill to throw around money for one of the family members pet projects? It runs counter to the way any of the several billionaires I've dealt with do business, which is bottom dollar ruthless.
1 · Reply
utbama82
utbama82 Jun. 17 at 11:19 PM
$ADM $NSRGY $BG $GIS Anyone have good knowledge of Cargill? I'm inquiring about a tiny CEA lettuce grower named $LOCL. They are last of the publicly traded CEA companies (except the pot growers) still standing. They are in hock to Cargill for about half a billion, just excused some debt, and Charles Schwab Sr just bought controlling interest for a tiny $25M. Its a real dog with only 40M rev and losses 300% of rev. I suspect its being set up for easy bk with Schwab as stalking horse. But, Cargill and Schwab may just be hobby "patrons" of a little farmer company, like a big boy equivalent of my gardening? But Cargill has been carrying them for years, with a dozen technical defaults on loans, all excused with penalties and grants of warrants. So, any insight? Is it normal for Cargill to throw around money for one of the family members pet projects? It runs counter to the way any of the several billionaires I've dealt with do business, which is bottom dollar ruthless.
0 · Reply
utbama82
utbama82 Jun. 16 at 6:12 PM
$LOCL The entire rev of this company is only half the revenue of single Wal Mart supercenter, yet it's a public company! Insanity.
0 · Reply
utbama82
utbama82 Jun. 16 at 5:03 PM
$LOCL Holy dilution batman! It's official. Run!
0 · Reply
utbama82
utbama82 Jun. 14 at 11:45 PM
$LOCL Here's the filing form Schwab Srs. massive dilution.
0 · Reply
utbama82
utbama82 Jun. 12 at 5:27 PM
$LOCL So lonely here.....ahhhh. but nice and quiet. Did everyone see the 100%+ dilution was approved at the 6-minute annual meeting yesterday? I cook eggs longer than that. ......... Thanks for the heads up , but yes, yes I did.
0 · Reply
utbama82
utbama82 Jun. 10 at 3:08 PM
$LOCL Annual meeting coming tomorro. I expect Charlie to put his foot in something.
0 · Reply
nate_22
nate_22 Jun. 4 at 4:36 PM
$LOCL I may look into unloading this position, better opportunities out there now 🤔
1 · Reply
Goldwave9
Goldwave9 Jun. 2 at 11:08 PM
$LOCL can something be crap and yet go up dramatically? It's almost that time again.
1 · Reply
utbama82
utbama82 Jun. 1 at 4:14 AM
$LOCL It's nice to own a stock board. Now that we have established that this is the absolute worst publicly traded stock, what else should we discuss? 1. How about the cowards at headquarters? Of course, none of the executives have time to look at this site, since they are so busy watching lettuce grow. But they assign a clerk in PR to monitor "social media". They must be so embarrassed to squander their career pumping the worlds worst farmer. 2. You cucks worried about when Charlie is gonna cut you loose?
0 · Reply
utbama82
utbama82 May. 22 at 4:26 PM
$LOCL Hey Gnat, You've been pumping and rationalizing this for years and still say it's "all an investor could ever ask for". It's down 98% in 4 years. You took your little puppy dog down with you though. I thought he lost his whole fortune on APPH, that you strung him along on? Didn't he have to sell his yogurt store to survive? What's he bagging with now, a social security payment? Charlatans like you that want to worship themselves in print do real harm to the most gullible like him.
0 · Reply
utbama82
utbama82 May. 21 at 11:51 AM
$LOCL Gnat, You lost your audience. What happened? You even lost your little puppy dog Rizzer. See you in the Q sheets baggie!
0 · Reply
utbama82
utbama82 May. 20 at 4:16 PM
$LOCL Get you some Gnat.
0 · Reply
nate_22
nate_22 May. 20 at 3:09 PM
$LOCL If it’s gonna continue to go this low I may have to consider snatching some more shares if it gets to $1.50-1.75
0 · Reply
utbama82
utbama82 May. 19 at 5:32 PM
0 · Reply
nate_22
nate_22 May. 16 at 6:55 PM
$LOCL Big things coming 👀🤫
0 · Reply
utbama82
utbama82 May. 14 at 5:56 PM
$LOCL The Gnat has been a fake pumper on every CEA stock, and rode all of them to zero. All with the same con, always emphasizing irrelevant peripherals like "sequential improvement" in minor metrics, while the company can't make payroll, "eeebiddahhhh", and always claiming they have unlimited "facility" and runway. Always false, always pompous, always self-righteous, ALWAYS wrong. Now he is proud of the reduced interest only because they DEFAULTED on their loans. Emphasizes fluff while ignoring 58% increase in LOSSES. He likes to fake knowledge of business, but has no grasp of third grade arithmetic. What a tool. Hey Gnat and your puppy dog, Rizz. Come on back and play with the big boys who can read a balance sheet. You don't have the intellectual integrity to do so. See you in the funny papers.........and on the Q sheets.
0 · Reply
nate_22
nate_22 May. 14 at 4:34 PM
$LOCL Agreement with Cargill really going to do wonders for the cash flow statement going forward. No cash payments on interest for 2 years really hammers home the adj ebitda to cash flow proxy (excluding balance sheet movements of course). Freed up over 200m of funding through Cargill agreement w/lowered interest expense plus the preferred. At the previous 16m shares outstanding that was = to $12.75 per share of capital freed up, even over $7 for the current 28m potential full share count (cost of capital aside of course on the preferred). Looking pretty good, plus that project Thor 20% yield improvement, run rate that’s nearly money straight to gross profit, fixed costs stay fixed and variable should be limited to energy & a hint more labor but not to much since it doesn’t seem to be a major process overhaul. Basic economics, will really juice up margins and operating cash flows
0 · Reply
nate_22
nate_22 May. 14 at 4:27 PM
$LOCL bigger salad kits too & more shelf real estate in stores, fundamental part of business. Is a no brainer especially given the strong partnerships they have with retailers currently
0 · Reply