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

Segment Information (Tables)

12 Months Ended

Sep. 30, 2023

Information by operating segment is as follows:


(in thousands)	Years Ended September 30,
	2023		2022		2021
Revenues:
Alico Citrus	$	38,145	$	89,681	$	105,796
Land Management and Other Operations	1,701		2,266		2,768
Total revenues	39,846		91,947		108,564

Operating expenses:
Alico Citrus	32,959		106,192		83,893
Land Management and Other Operations	441		520		778
Total operating expenses	33,400		106,712		84,671

Gross profit (loss):
Alico Citrus	5,186		(16,511)		21,903
Land Management and Other Operations	1,260		1,746		1,990
Total gross profit (loss)	$	6,446	$	(14,765)	$	23,893

Capital expenditures:
Alico Citrus	$	16,733	$	20,867	$	41,785
Total capital expenditures	$	16,733	$	20,867	$	41,785

Depreciation, depletion and amortization:
Alico Citrus	$	14,999	$	14,697	$	14,523
Land Management and Other Operations	67		98		147
Other Depreciation, Depletion and Amortization	421		434		452
Total depreciation, depletion and amortization	$	15,487	$	15,229	$	15,122

Assets:
Alico Citrus	$	415,030	$	396,266
Land Management and Other Operations	11,722		11,326
Other Corporate Assets	1,601		1,663
Total Assets	$	428,353	$	409,255