Local Bounti Corporation

NYSE LOCL

Local Bounti Corporation Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: -163.63%

Local Bounti Corporation Operating Income Margin is -163.63% for the Trailing 12 Months (TTM) ending September 30, 2024, a 43.97% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.

Local Bounti Corporation Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was -292.04%, a 61.21% change year over year.
Local Bounti Corporation Operating Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was -752.89%.

Key data

Date	Operating Income Margin	EBT Margin	Net Income Margin	EBITDA Margin

NYSE: LOCL

Local Bounti Corporation

CEO	Mr. Craig M. Hurlbert
IPO Date	April 19, 2021
Location	United States
Headquarters	490 Foley Lane
Employees	301
Sector	Consumers Staples
Industries Organic Foods Bread & Bakery Dairy & Milk Fertilizers Frozen Foods Personal Care Snack Foods Tobacco

Description

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.

Key trends

Past 5 years