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

Segment Information (Tables)

6 Months Ended

Mar. 31, 2023

Information by operating segment is as follows:


(in thousands)	Three Months Ended March 31,					Six Months Ended March 31,
	2023			2022		2023			2022
Revenues:
Alico Citrus	$	20,937		$	49,032	$	31,205		$	63,780
Land Management and Other Operations		357			609		677			1,198
Total revenues		21,294			49,641		31,882			64,978

Operating expenses:
Alico Citrus		27,520			45,490		41,815			58,876
Land Management and Other Operations		102			152		196			292
Total operating expenses		27,622			45,642		42,011			59,168

Gross (loss) profit:
Alico Citrus		(6,583	)		3,542		(10,610	)		4,904
Land Management and Other Operations		255			457		481			906
Total gross (loss) profit	$	(6,328	)	$	3,999	$	(10,129	)	$	5,810

Depreciation, depletion and amortization:
Alico Citrus	$	3,777		$	3,686	$	7,604		$	7,367
Land Management and Other Operations		9			30		18			71
Other Depreciation, Depletion and Amortization		111			116		225			230
Total depreciation, depletion and amortization	$	3,897		$	3,832	$	7,847		$	7,668


(in thousands)	March 31,		September 30,
	2023		2022
Assets:
Alico Citrus	$	398,357	$	396,266
Land Management and Other Operations		11,644		11,326
Other Corporate Assets		1,560		1,663
Total Assets	$	411,561	$	409,255