ALICO INC. DL 1

Alico has withdrawn from large-scale citrus farming and is pursuing a strategic shift toward land development and monetization. Management values the present value of developable land at $650–750 million versus a market capitalization of about $300 million, calling it a "valuation gap." Sales over the past 18 months averaged roughly $9,000 per acre, liquidity has improved, and adjusted EBITDA for the first nine months was about $24 million. Major development projects like Corkscrew in Collier County are awaiting state and federal approvals, with federal clearance potentially taking around two years. » Plus sur de.investing.com

Alico reported Q3 fiscal 2026 revenue of $9.0 million, up 7.7% year over year, and net income of $2.1 million ($0.29 per share) versus a $18.3 million loss a year earlier. Cash rose to $55.6 million and net debt fell to $29.8 million, aided by roughly $35 million of land and equipment sale proceeds. The company is shifting toward land management and development, signing a 3,280‑acre agricultural lease with a $29.5 million purchase option, acquiring the remaining 49% of Citree, and moving the Corkscrew Grove East Village project into state and federal permitting. Alico raised fiscal 2026 adjusted EBITDA guidance to about $15 million but expects fourth‑quarter EBITDA pressure from ongoing expenses. » Plus sur finance.yahoo.com

Alico reported Q2 2026 EPS of $1.49 versus a $1.21 forecast, a 23% earnings surprise. Revenue fell to $5.2 million (‑71% year‑on‑year), net income improved to $11.4 million versus a loss a year earlier, and EBITDA was positive at $16.7 million. The stock rose modestly after hours, while management cites the shift to land sales and development as the driver. The outlook for coming quarters remains cautious with the expectation of possible losses, an adjusted EBITDA forecast of about $14 million, and an expected cash balance of roughly $40 million at year-end. » Plus sur de.investing.com