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

Segment Information (Tables)

6 Months Ended

Mar. 31, 2022

Information by operating segment is as follows:

(in thousands)	Three Months Ended March 31,				Six Months Ended March 31,
	2022		2021		2022		2021
Revenues:
Alico Citrus	$	49,032	$	55,268	$	63,780	$	68,194
Land Management and Other Operations		609		676		1,198		1,482
Total revenues		49,641		55,944		64,978		69,676

Operating expenses:
Alico Citrus		45,490		45,518		58,876		53,665
Land Management and Other Operations		152		200		292		388
Total operating expenses		45,642		45,718		59,168		54,053

Gross profit:
Alico Citrus		3,542		9,750		4,904		14,529
Land Management and Other Operations		457		476		906		1,094
Total gross profit	$	3,999	$	10,226	$	5,810	$	15,623

Depreciation, depletion and amortization:
Alico Citrus	$	3,686	$	3,658	$	7,367	$	7,302
Land Management and Other Operations		30		43		71		81
Other Depreciation, Depletion and Amortization		116		110		230		234
Total depreciation, depletion and amortization	$	3,832	$	3,811	$	7,668	$	7,617

(in thousands)	March 31,		September 30,
	2022		2021
Assets:
Alico Citrus	$	438,994	$	418,633
Land Management and Other Operations		11,941		13,230
Other Corporate Assets		1,977		1,354
Total Assets	$	452,912	$	433,217