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Local Bounti (LOCL) Revenue & Revenue Breakdown

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Local Bounti Revenue Highlights

Latest Revenue (Y)

$38.14M

Latest Revenue (Q)

$10.24M

Main Segment (Y)

Reportable Segment

Local Bounti Revenue by Period

Local Bounti Revenue by Year

DateRevenueChange
2024-12-31$38.14M38.40%
2023-12-31$27.56M41.51%
2022-12-31$19.47M2952.35%
2021-12-31$638.00K678.05%
2020-12-31$82.00K100.00%
2019-12-31--

Local Bounti generated $38.14M in revenue during NA 2024, up 38.40% compared to the previous quarter, and up Infinity% compared to the same period a year ago.

Local Bounti Revenue by Quarter

DateRevenueChange
2024-09-30$10.24M8.46%
2024-06-30$9.44M12.64%
2024-03-31$8.38M22.09%
2023-12-31$6.87M0.82%
2023-09-30$6.81M-5.19%
2023-06-30$7.18M7.24%
2023-03-31$6.70M0.90%
2022-12-31$6.64M5.62%
2022-09-30$6.29M0.26%
2022-06-30$6.27M2123.05%
2022-03-31$282.00K-10.19%
2021-12-31$314.00K97.48%
2021-09-30$159.00K47.22%
2021-06-30$108.00K89.47%
2021-03-31$57.00K32.56%
2020-12-31$43.00K10.26%
2020-09-30$39.00K100.00%
2020-06-30-100.00%
2020-03-31--

Local Bounti generated $10.24M in revenue during Q3 2024, up 8.46% compared to the previous quarter, and up 142.59% compared to the same period a year ago.

Local Bounti Revenue Breakdown

Local Bounti Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22Dec 21
Reportable Segment$38.14M--
Intellectual Property Product--$87.00K
Produce-$19.47M$551.00K

Local Bounti's latest annual revenue breakdown by segment (product or service), as of Dec 24: Reportable Segment (100.00%).

Local Bounti Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FDPFresh Del Monte Produce$4.28B$1.02B
LNDBrasilAgro - Companhia Brasileira de Propriedades Agrícolas$1.35B$121.04M
AGROAdecoagro$1.30B$160.78M
AFRIForafric Global$305.48M$79.93M
SANWS&W Seed$60.44M$5.08M
ALCOAlico$46.64M$16.89M
LOCLLocal Bounti$38.14M$10.24M
AQBAquaBounty-$47.81M

LOCL Revenue FAQ

What is Local Bounti’s yearly revenue?

Local Bounti's yearly revenue for 2024 was $38.14M, representing an increase of 38.40% compared to 2023. The company's yearly revenue for 2023 was $27.56M, representing an increase of 41.51% compared to 2022. LOCL's yearly revenue for 2022 was $19.47M, representing an increase of 2952.35% compared to 2021.

What is Local Bounti’s quarterly revenue?

Local Bounti's quarterly revenue for Q3 2024 was $10.24M, a 8.46% increase from the previous quarter (Q2 2024), and a 50.40% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $9.44M, a 12.64% increase from the previous quarter (Q1 2024), and a 31.46% increase year-over-year (Q2 2023). LOCL's quarterly revenue for Q1 2024 was $8.38M, a 22.09% increase from the previous quarter (Q4 2023), and a 25.16% increase year-over-year (Q1 2023).

What is Local Bounti’s revenue growth rate?

Local Bounti's revenue growth rate for the last 3 years (2022-2024) was 95.84%, and for the last 5 years (2020-2024) was 46409.76%.

What are Local Bounti’s revenue streams?

Local Bounti's revenue streams in c 24 are Reportable Segment

What is Local Bounti’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Local Bounti was Reportable Segment. This segment made a revenue of $38.14M, representing 100.00% of the company's total revenue.