Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Operating revenues:    
Total operating revenues $ 16,894 $ 13,985
Operating expenses:    
Total operating expenses 25,132 28,240
Gross loss (8,238) (14,255)
General and administrative expenses 2,586 3,272
Loss from operations (10,824) (17,527)
Other (expense) income, net:    
Interest income 47 95
Interest expense (898) (1,605)
Gain on sale of property and equipment 0 77,025
Other income, net 244 0
Total other (expense) income, net (607) 75,515
(Loss) income before income taxes (11,431) 57,988
Income tax (benefit) provision (2,180) 15,552
Net (loss) income (9,251) 42,436
Net loss attributable to noncontrolling interests 84 509
Net (loss) income attributable to Alico, Inc. common stockholders $ (9,167) $ 42,945
Earnings per common share:    
Basic (in dollars per share) $ (1.20) $ 5.64
Diluted (in dollars per share) $ (1.20) $ 5.64
Weighted-average number of common shares outstanding:    
Basic (in shares) 7,633,000 7,616,000
Diluted (in shares) 7,633,000 7,616,000
Cash dividends declared per common share (in dollars per share) $ 0.05 $ 0.05
Alico Citrus    
Operating revenues:    
Total operating revenues $ 16,326 $ 13,592
Operating expenses:    
Total operating expenses 25,111 28,107
Land Management and Other Operations    
Operating revenues:    
Total operating revenues 568 393
Operating expenses:    
Total operating expenses $ 21 $ 133