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Local Bounti (LOCL) Revenue & Revenue Breakdown

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Local Bounti Revenue Highlights

Latest Revenue (Y)

$27.56M

Latest Revenue (Q)

$10.24M

Main Segment (Y)

Produce

Local Bounti Revenue by Period

Local Bounti Revenue by Year

DateRevenueChange
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 $27.56M in revenue during NA 2023, up 41.51% compared to the previous quarter, and up 0.00% 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 22Dec 21
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 22: Produce (100.00%).

Local Bounti Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FDPFresh Del Monte Produce$4.32B$1.02B
AQBAquaBounty$2.47B$47.81M
LNDBrasilAgro - Companhia Brasileira de Propriedades Agrícolas$1.35B$121.04M
AGROAdecoagro$1.30B$160.78M
AFRIForafric Global$305.48M$79.93M
SANWS&W Seed Company$60.44M$8.31M
ALCOAlico$46.64M$13.61M
LOCLLocal Bounti$27.56M$10.24M

LOCL Revenue FAQ

What is Local Bounti’s yearly revenue?

Local Bounti's yearly revenue for 2023 was $27.56M, representing an increase of 41.51% compared to 2022. The company's yearly revenue for 2022 was $19.47M, representing an increase of 2952.35% compared to 2021. LOCL's yearly revenue for 2021 was $638K, representing an increase of 678.05% compared to 2020.

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 (2021-2023) was 4219.28%, and for the last 5 years (2019-2023) was 0%.

What are Local Bounti’s revenue streams?

Local Bounti's revenue streams in c 22 are Produce

What is Local Bounti’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Local Bounti was Produce. This segment made a revenue of $19.47M, representing 100.00% of the company's total revenue.