Alico, Inc. Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

12 Months Ended

Sep. 30, 2024

Information by reportable segment is as follows:


(in thousands)	Years Ended September 30,
	2024		2023
Revenues:
Alico Citrus	$	45,059	$	38,145
Land Management and Other Operations	1,584		1,701
Total operating revenues	$	46,643	$	39,846

Operating expenses:
Alico Citrus	$	102,628	$	32,959
Land Management and Other Operations	398		441
Total operating expenses	$	103,026	$	33,400

Gross profit (loss)
Alico Citrus	$	(57,569)	$	5,186
Land Management and Other Operations	1,186		1,260
Total (loss) profit	$	(56,383)	$	6,446
General and administrative expenses	11,071		10,643
Total other income, net	78,406		6,656
Income before income taxes	$	10,952	$	2,459

Capital expenditures:
Alico Citrus	$	17,871	$	16,733
Total capital expenditures	$	17,871	$	16,733

Depreciation, depletion and amortization:
Alico Citrus	$	14,742	$	14,999
Land Management and Other Operations	58		67
Other Corporate Assets	210		421
Total depreciation, depletion and amortization	$	15,010	$	15,487

Assets:
Alico Citrus	$	383,777	$	415,030
Land Management and Other Operations	13,134		11,722
Other Corporate Assets	1,808		1,601
Total Assets	$	398,719	$	428,353