Local Bounti Corp - Class A logo

LOCL

Local Bounti Corp - Class A

$3.8

Earnings Summary

Revenue
$0.28Mn
Net Profits
$-25.77Mn
Net Profit Margins
-9139.01%

Highlights

Revenue:

Local Bounti Corp - Class A’s revenue jumped 394.74% since last year same period to $0.28Mn in the Q1 2022. On a quarterly growth basis, Local Bounti Corp - Class A has generated -55.8% fall in its revenue since last 3-months.

Net Profits:

Local Bounti Corp - Class A’s net profit fell -174.23% since last year same period to $-25.77Mn in the Q1 2022. On a quarterly growth basis, Local Bounti Corp - Class A has generated 56.73% jump in its net profits since last 3-months.

Net Profit Margins:

Local Bounti Corp - Class A’s net profit margin jumped 44.57% since last year same period to -9139.01% in the Q1 2022. On a quarterly growth basis, Local Bounti Corp - Class A has generated 2.11% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Local Bounti Corp - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.12
EPS Estimate Current Year
-0.12

Highlights

EPS Estimate Current Quarter:

Local Bounti Corp - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.12 - a 7.69% jump from last quarter’s estimates.

EPS Estimate Current Year:

Local Bounti Corp - Class A’s earning per share (EPS) estimates for the current year stand at -0.12.

Key Ratios

Key ratios of the Local Bounti Corp - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.32
Return on Assets (ROA)
-0.31
Return on Equity (ROE)
-1.6
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Local Bounti Corp - Class A’s earning per share (EPS) fell -107.39% since last year same period to -0.32 in the Q1 2022. This indicates that the Local Bounti Corp - Class A has generated -107.39% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Local Bounti Corp - Class A’s return on assets (ROA) stands at -0.31.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Local Bounti Corp - Class A’s return on equity (ROE) stands at -1.6.

Dividend Per Share (DPS):

Local Bounti Corp - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-12
-0.12
-0.32
-166.67%

Company Information

Organisation
Local Bounti Corp - Class A