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

Segment Information (Tables)

9 Months Ended

Jun. 30, 2021

Information by operating segment is as follows:

(in thousands)	Three Months Ended June 30,				Nine Months Ended June 30,
	2021		2020		2021		2020
Revenues:
Alico Citrus	$	34,262	$	25,360	$	102,456	$	85,336
Land Management and Other Operations		626		762		2,108		2,306
Total revenues		34,888		26,122		104,564		87,642

Operating expenses:
Alico Citrus		26,156		19,508		79,821		67,866
Land Management and Other Operations		222		394		610		1,325
Total operating expenses		26,378		19,902		80,431		69,191

Gross profit:
Alico Citrus		8,106		5,852		22,635		17,470
Land Management and Other Operations		404		368		1,498		981
Total gross profit	$	8,510	$	6,220	$	24,133	$	18,451

Depreciation, depletion and amortization:
Alico Citrus	$	3,632	$	3,468	$	11,025	$	10,321
Land Management and Other Operations		34		51		115		143
Other Depreciation, Depletion and Amortization		111		129		345		383
Total depreciation, depletion, and amortization	$	3,777	$	3,648	$	11,485	$	10,847

(in thousands)	June 30,		September 30,
	2021		2020
Assets:
Alico Citrus	$	431,523	$	406,763
Land Management and Other Operations		14,120		15,367
Other Corporate Assets		1,424		1,807
Total Assets	$	447,067	$	423,937