Alico, Inc. Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

6 Months Ended

Mar. 31, 2021

Information by operating segment is as follows:

(in thousands)	Three Months Ended March 31,				Six Months Ended March 31,
	2021		2020		2021		2020
Revenues:
Alico Citrus	$	55,268	$	49,801	$	68,194	$	59,976
Land Management and Other Operations		676		714		1,482		1,544
Total revenues		55,944		50,515		69,676		61,520

Operating expenses:
Alico Citrus		45,518		43,518		53,665		48,358
Land Management and Other Operations		200		380		388		931
Total operating expenses		45,718		43,898		54,053		49,289

Gross profit:
Alico Citrus		9,750		6,283		14,529		11,618
Land Management and Other Operations		476		334		1,094		613
Total gross profit	$	10,226	$	6,617		15,623		12,231

Depreciation, depletion and amortization:
Alico Citrus	$	3,704	$	3,416		7,393		6,853
Land Management and Other Operations		43		46		81		92
Other Depreciation, Depletion and Amortization		110		128		234		254
Total depreciation, depletion, and amortization	$	3,857	$	3,590	$	7,708	$	7,199

(in thousands)	March 31,		September 30,
	2021		2020
Assets:
Alico Citrus	$	412,532	$	406,763
Land Management and Other Operations		15,208		15,367
Other Corporate Assets		1,043		1,807
Total Assets	$	428,783	$	423,937