ALCO

Download the Complete Report Here Key Takeaways: 2Q FY26 marked another strong execution quarter, with adjusted EBITDA of $16.9 million and net income of $11.4 million. Land monetization accelerated, with a $26.9 million sale of non-core citrus acreage bringing YTD land sales to $34.6 million. Collier County approval for Corkscrew Grove East Village materially advances ALCO’s long-term development strategy in Southwest Florida. Liquidity strengthened despite $10.0 million of share repurchases, with $52.9 million of cash extending runway through FY28. Valuation remains supported by conservative land assumptions, with upside tied to monetization, entitlement progress, and long-term development optionality. Land monetization and lower citrus drag drove another quarter of positive adjusted EBITDA. 2Q FY26 (quarter ending March 2026) reflects continued progress in ALCO’s transition from a weather and disease-exposed citrus operator into a land-management and development platform with recurring agricultural utilization, episodic land sales, and long-duration real estate optionality. ALCO reported net income attributable to common stockholders of $11.4 million, or $1.49 per diluted share, compared with a net loss of $111.4 million, or $14.58 per diluted share, in 2Q FY25. Adjusted EBITDA increased 32.6% y/y to $16.9 million from $12.7 million, while EBITDA improved to $16.7 million from a loss of $14.7 million, reflecting the January land sale, lower citrus drag, and continued execution of the company’s land-centric operating strategy. Land sale proceeds funded both liquidity and shareholder returns. ALCO closed the previously announced sale of approximately 2,950 acres of citrus grove for $26.9 million during the quarter, bringing year-to-date land sales to $34.6 million. Importantly, management paired this monetization with $10.0 million of common share repurchases through April 2026, demonstrating a more active capital allocation posture while still maintaining a strong liquidity position. Agricultural land utilization is becoming the cash-flow bridge for ALCO’s development strategy. Approximately 97% of ALCO’s ~32,500 farmable acres are now utilized, representing ~89% of its 46,000 agricultural acres and providing a steadier lease/royalty base while land sales and development milestones remain episodic. Land management revenue is scaling as agricultural utiliza...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance improvement was primarily driven by the strategic wind-down of capital-intensive citrus operations and a significant $26.9 million land sale. The company has successfully transitioned 97% of farmable acres to diversified revenue streams, including leasing for cattle, mining, and sod farming, which reduces operational complexity. Management attributes the improved operating cash flow to the exit from the citrus business, which effectively removed exposure to volatile fuel and fertilizer costs. The unanimous local approval for Corkscrew Grove East Village validates the company's regulatory strategy and commitment to responsible, conservation-aligned development. Strategic land monetization continues to attract qualified buyers, with recent sales achieving approximately $9,100 per acre, significantly higher than historical conservative estimates. The current financial position, with $52.9 million in cash, is intended to provide a runway through fiscal 2028, allowing development projects to proceed without liquidity-driven pressure. The company expects to secure state regulatory approvals for the East Village project by early 2027, with federal approvals targeted for the end of 2028. Potential construction commencement for the Corkscrew Grove development is projected for the 2028 or 2029 timeframe. Management maintains an estimated present value of $335 million to $380 million for its core development pipeline, representing only 10% of total land holdings. Updated year-end guidance projects cash of approximately $40 million and net debt of approximately $45 million, accounting for completed share repurchases. Future capital allocation will continue to balance internal development investments with shareholder returns, including potential additional buybacks and dividends. The approved East Village project includes 4,502 dwelling units and 238,000 square feet of commercial space, requiring the permanent conservation of nearly 5,000 acres. Management's updated analysis indicates a total portfolio asset value between $650 million and $750 million across approximately 46,000 remaining acres. The company completed its last significant citrus harvest in April 2025, marking the near-total transition away fro...

Image source: The Motley Fool. Tuesday, May 12, 2026 at 8:30 a.m. ET President and Chief Executive Officer — John Kiernan Chief Financial Officer — Bradley Heine Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good morning, and welcome to Alico's Second Quarter 2026 Earnings Call. [Operator Instructions] As a reminder, today's call is being recorded. I would now like to turn the call over to your host, John Mills, Managing Partner at ICR. Please go ahead, sir. John Mills: Good morning, everyone, and thank you for joining us for Alico's Second Quarter 2026 Conference Call. On the call today are John Kiernan, President and Chief Executive Officer; and Brad Heine, Chief Financial Officer. By now, everyone should have access to the second quarter 2026 earnings release, which went out yesterday at approximately 4:15 p.m. Eastern Time. If you've not had a chance to view the release, it's available on the Investor Relations portion of the company's website at alicoinc.com. This call is being webcast, and a replay will be available on Alico's website as well. Before we begin, we'd like to remind everyone that the prepared remarks contain forward-looking statements. Such statements are subject to risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in these statements. Important factors that could cause or contribute to such differences include risks detailed in the company's quarterly reports on Form 10-Q, annual reports on Form 10-K, current reports on Form 8-K and any amendments thereto filed with the SEC and those mentioned in the earnings release. The company undertakes no obligation to subsequently update or revise the forward-looking statements made on today's call, except as required by law. During this call, the company may also discuss non-GAAP financial measures, including EBITDA, adjusted EBITDA and net debt. For more details on these measures, please refer to the company's press release issued yesterday. And with that, it is my pleasure to turn the call over to the company's President and CEO, Mr. John Kiernan. John Kiernan: Thank you, John, and good morning, good afternoon and good evening to everyone here on the call. Our second quarter results demonstrate continued execution of our strategy and our commitment to delivering on our near-term and long-term goals. Wi...

This article first appeared on GuruFocus. Net Income: $11.4 million for the second quarter. Adjusted EBITDA: $16.9 million for the second quarter. Cash Position: $52.9 million at quarter-end. Land Sales: $26.9 million land sale in January, with year-to-date land sales totaling $34.6 million. Revenue: $5.3 million for the three months ended March 31, 2026, compared to $18 million in the prior-year period. Share Repurchase Program: $10 million deployed, acquiring 245,399 shares through April. Total Debt: $85.5 million at quarter-end. Net Debt: $32.6 million at quarter-end. Working Capital: $52.2 million with a current ratio of 9.63:1. Available Borrowings: $92.5 million under the credit facility. Revenue from Other Operations: Increased 113% in the quarter, driven by farm lease and sod revenue. Guidance for Adjusted EBITDA: Approximately $14 million for fiscal 2026. Year-End Cash Guidance: Approximately $40 million. Net Debt Guidance: Approximately $45 million by year-end. Warning! GuruFocus has detected 8 Warning Signs with ALCO. Is ALCO fairly valued? Test your thesis with our free DCF calculator. Release Date: May 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Alico Inc (NASDAQ:ALCO) reported a net income of $11.4 million and adjusted EBITDA of $16.9 million, demonstrating strong financial performance. The company successfully closed a $26.9 million land sale, generating a gain of approximately $19.8 million, validating its land monetization strategy. Alico Inc (NASDAQ:ALCO) received unanimous approval from the Collier County Board of Commissioners for the Corkscrew Grove East Village project, marking a significant regulatory milestone. The company has a strong cash position with $52.9 million at quarter-end and $92.5 million of available borrowing under its line of credit, providing financial flexibility. Alico Inc (NASDAQ:ALCO) has diversified its revenue streams, with approximately 97% of its farmable acres generating revenue through agricultural partnerships. Total revenue for the three months ended March 31, 2026, was $5.3 million, a significant decrease from $18 million in the prior-year period. The ongoing wind down of citrus operations has led to a significant decrease in revenue from this segment. The company faces the challenge of securing state and federal approvals for the Corkscrew...

Interested in Alico, Inc.? Here are five stocks we like better. Alico swung to strong profitability in Q2, reporting net income of $11.4 million, or $1.49 per share, versus a huge loss a year earlier. EBITDA also improved sharply as the company continued winding down citrus operations and benefited from a January land sale. Land monetization remains the main growth driver, highlighted by a $26.9 million sale of about 2,950 acres that generated a $19.8 million gain. Management said the remaining roughly 46,000 Florida acres still have substantial value and development optionality. Development progress and leasing revenue are advancing, with Corkscrew Grove East Village receiving local approval for up to 4,502 homes and related commercial space, while land management revenue rose sharply from farm leases, sod, and other diversified uses. Alico also said its cash position of $52.9 million and reduced net debt support its runway through fiscal 2028. Alico (NASDAQ:ALCO) reported second-quarter fiscal 2026 net income of $11.4 million, or $1.49 per diluted share, as the Florida land and agribusiness company continued to shift away from citrus production and toward land monetization, leasing and development initiatives. President and Chief Executive Officer John Kiernan said the quarter showed “continued execution” of the company’s strategy, pointing to a major land sale, share repurchases, progress on development entitlements and expanded agricultural leasing. Alico ended the quarter with $52.9 million in cash, which Kiernan said extends the company’s financial runway through fiscal 2028. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum For the three months ended March 31, 2026, Alico reported total revenue of $5.2 million, down from $18 million in the prior-year period. For the first six months of fiscal 2026, revenue was $7.2 million, compared with $34.9 million a year earlier. Chief Financial Officer Brad Heine said the decline reflected the ongoing wind-down of citrus operations, which began in 2025. Alico completed its last significant citrus harvest in April 2025. Despite the revenue decline, Alico’s profitability improved sharply from the year-earlier quarter, when it posted a net loss attributable to common stockholders of $111.4 million, or $14.58 per diluted share. Heine said the improvement was principally driven by the citrus wind-down a...

FT. MYERS, Fla. (AP) — FT. MYERS, Fla. (AP) — AliCo. (ALCO) on Monday reported fiscal second-quarter net income of $11.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Ft. Myers, Florida-based company said it had profit of $1.49. The agribusiness and land management company posted revenue of $5.3 million in the period. Alico shares have climbed 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $40.40, an increase of 39% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALCO at https://www.zacks.com/ap/ALCO

Company Closed $26.9 million Land Sale in Second Quarter; Total Land Sales Reach $34.6 million Year-to-Date Company Repurchased 245,399 Shares for $10.0 million, Through April 2026 Cash and Cash Equivalents of $52.9 million at March 31, 2026, Extending Cash Runway Another Year Through Fiscal Year 2028 Collier County Local Entitlement Approvals Secured in April 2026; Federal and State Entitlements Progressing as Expected for Corkscrew Grove Villages FORT MYERS, Fla., May 11, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the second quarter ended March 31, 2026. Management Comments John Kiernan, President and Chief Executive Officer of the Company, stated, “We believe our second quarter results, including net income attributable to Alico, Inc. common stockholders of $11.4 million and Adjusted EBITDA of $16.9 million demonstrate the continued execution of our Strategic Transformation and our commitment to delivering on our stated goals. The $26.9 million land sale for 2,950 acres of citrus grove that we closed in January, combined with the $10.0 million of common shares that were repurchased through our stock repurchase program, reflect our balanced approach to capital allocation and value creation. We're particularly pleased that our strengthened cash position extends our expected financial runway through fiscal year 2028, providing the liquidity, stability and flexibility to advance our long-term real estate development initiatives.” Mr. Kiernan continued, “The Collier County entitlement approvals in April represent a significant regulatory milestone for Corkscrew Grove East Villages. With local approvals now secured, we're focused on the remaining federal and state permitting processes. Our diversified land utilization strategy continues to perform as intended, with approximately 97% of our farmable acreage generating revenue through agricultural partnerships. We believe this combination of near-term cash generation and long-term development optionality positions Alico to pursue substantial value creation from our approximately 46,000-acre Florida portfolio while maintaining our commitment to responsible land stewardship and conservation. We believe our track record of consistent execution, financial discipline, and strategic progress validates the business model we've b...

FORT MYERS, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close. The Company will host a conference call to discuss its financial results on Tuesday, May 12, 2026, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-800-343-4849 in the United States and 1-203-518-9848 from outside of the United States. The participant identification to join the conference call is ALICO. A telephone replay will be available on Tuesday, May 12, 2026 approximately three hours after the call concludes, and will be available through Tuesday, May 26, 2026. Listeners in the United States may dial 1-844-512-2921 and international listeners may dial 1-412-317-6671. The passcode for the playback is 11161326. About Alico Alico, Inc. (Nasdaq: ALCO) is a Florida-based agribusiness and land management company with over 125 years of experience. Following its strategic transformation in 2025, Alico operates as a diversified land company with approximately 46,000 acres across 7 Florida counties. The Company focuses on strategic land development opportunities and diversified agricultural operations, leveraging its extensive land portfolio to create long-term shareholder value while maintaining its commitment to responsible land stewardship and conservation. Learn more about Alico at www.alicoinc.com. Investor Contact: John Mills ICR (646) 277-1254 [email protected] Brad Heine Chief Financial Officer (239) 226-2000 [email protected]

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Download the Complete Report Here By Karen Roman Alico, Inc. (Nasdaq: ALCO) beats the cold-front and starts the year hot. The first quarter marked a clear earnings inflection point, driven by the successful shift away from citrus towards a land-centric operating model. ALCO generated a stand-out $7.7 million from land sales in the first quarter and turned around adjusted EBITDA from negative $6.7 million a year earlier to $2.7 million. Year-to-date land monetization reached $34.5 million through January 2026, strengthening liquidity and reducing earnings volatility. As agricultural land utilization scales, the operating base continues to stabilize: Approximately 97% of ALCO’s 32,500 farmable acres are now leased. Diversified land management programs, including farming leases, grazing, mining royalties, and sod, cover roughly 89% of total agricultural acreage. These arrangements provide recurring cash flows with lower capital intensity and improve earnings visibility. ALCO’s development pipeline remains a key source of long-term upside potential. The Corkscrew Grove Villages project advanced with legislative approval of its stewardship district, and a local county entitlement decision is expected in 2026, with construction potentially beginning as soon as 2028 or 2029. A total of four priority development projects representing about 10% of the land base are estimated to hold $335 million to $380 million in present value, underscoring significant embedded optionality. The priority for 2026 is set: a clear focus on continued cash generation and balance-sheet flexibility. Meanwhile, adjusted EBITDA is expected to reach approximately $14 million with cash balances possibly rising to around $50 million by year-end. While quarterly results could remain lumpy due to episodic land sales, the company’s strengthened liquidity, advancing entitlements, and diversified land income streams position ALCO for sustained earnings-growth and incremental value recognition. Check out the link below for our detailed earnings coverage and the latest on ALCO’s turn-around story. Download the Complete Report Here Read Exec Edge’s Initiation on Alico Here Subscribe to our Weekly Newsletter to Receive All Research Contact: Executives-Edge.com [email protected]

This article first appeared on GuruFocus. Revenue: $1.9 million, down from $16.9 million in the prior year period. Net Loss: Improved to $3.5 million from a loss of $9.2 million in the prior year period. EBITDA: Positive $2.4 million, compared to negative $6.7 million in the prior year period. Adjusted EBITDA: $2.7 million, compared to negative $6.7 million last year. Cash and Cash Equivalents: $34.8 million at quarter end. Net Debt: Approximately $50.7 million at quarter end. Land Sales: $7.7 million in the quarter, with a gain of approximately $4.9 million. Total Debt: $85.5 million. Current Ratio: Improved to 14.39 to 1. Land Portfolio Valuation: Estimated between $650 million and $750 million. Market Capitalization: Approximately $320 million. Warning! GuruFocus has detected 7 Warning Signs with ALCO. Is ALCO fairly valued? Test your thesis with our free DCF calculator. Release Date: February 05, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Alico Inc (NASDAQ:ALCO) generated $7.7 million in land sales during the first quarter, reflecting strong demand for its Florida properties. The company's net loss improved significantly to $3.5 million from a loss of $9.2 million in the prior year period. Alico Inc (NASDAQ:ALCO) achieved positive EBITDA of $2.4 million, compared to a negative $6.7 million in the prior period. The company entered into a ten-year lease with Bayer Crop Science for an agricultural research station, achieving 97% utilization of its farmable agricultural acreage. Alico Inc (NASDAQ:ALCO) closed on an additional sale of a large citrus grove for $26.8 million, enhancing its financial position. Total revenue for the first quarter decreased to $1.9 million from $16.9 million in the prior year period, primarily due to the conclusion of the citrus business. The Alico Citrus segment reported a gross loss of $6.5 million, indicating challenges in the citrus operations. Despite improvements, the company still reported a net loss attributable to common stockholders of $3.5 million. The company has not provided specific guidance on cash flow from its 97% farmland utilization rate, leaving some uncertainty for future projections. Alico Inc (NASDAQ:ALCO) requires federal approvals from the Army Corps of Engineers and Fish and Wildlife for its Corkscrew Grove Villages project, which could delay...