Local Bounti Corp

NYSE LOCL

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Local Bounti Corp Pre-Tax Margin for the year ending December 31, 2023: -284.61%

Local Bounti Corp Pre-Tax Margin is -284.61% for the year ending December 31, 2023, a 41.37% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.
  • Local Bounti Corp Pre-Tax Margin for the year ending December 31, 2022 was -485.40%, a 93.07% change year over year.
  • Local Bounti Corp Pre-Tax Margin for the year ending December 31, 2021 was -7,008.93%, a 27.45% change year over year.
  • Local Bounti Corp Pre-Tax Margin for the year ending December 31, 2020 was -9,660.98%.
NYSE: LOCL

Local Bounti Corp

CEO Mr. Craig M. Hurlbert
IPO Date April 19, 2021
Location United States
Headquarters 490 Foley Lane, Hamilton, MT, United States, 59840
Employees 301
Sector Consumer Defensive
Industry Farm products
Description

Local Bounti Corporation grows and packs fresh greens 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.

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StockViz Staff

September 20, 2024

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