LIMONEIRA COMPANY
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $159.7M | $191.5M | $179.9M | $184.6M | $166.0M | $164.6M | $171.4M | $129.4M |
| Cost of Revenue | $154.8M | $164.8M | $169.2M | $160.7M | $148.5M | $157.3M | $152.4M | $98.1M |
| Gross Profit | $4.9M | $26.7M | $10.7M | $24.0M | $17.5M | $7.3M | $19.0M | $31.3M |
| Gross Margin | 3.1% | 13.9% | 6.0% | 13.0% | 10.6% | 4.4% | 11.1% | 24.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $24.5M | $27.5M | $26.5M | $21.8M | $19.4M | $21.3M | $21.2M | $16.1M |
| Operating Income | $-20.4M | $-6.2M | $10.8M | $2.2M | $-6.3M | $-19.0M | $-5.5M | $9.5M |
| Operating Margin | -12.8% | -3.2% | 6.0% | 1.2% | -3.8% | -11.6% | -3.2% | 7.3% |
| Interest Expense | — | — | — | — | $1.5M | $2.0M | $2.3M | $1.3M |
| Pretax Income | $-21.0M | $11.5M | $13.4M | $349.0K | $-4.2M | $-26.4M | $-6.6M | $13.5M |
| Income Tax Expense | $-4.6M | $4.4M | $4.2M | $823.0K | $-266.0K | $-8.5M | $-1.1M | $-6.7M |
| Net Income | $-16.0M | $7.7M | $9.4M | $-236.0K | $-3.4M | $-16.4M | $-5.9M | $20.2M |
| Net Margin | -10.0% | 4.0% | 5.2% | -0.1% | -2.1% | -10.0% | -3.5% | 15.6% |
| EPS (Basic) | $-0.93 | $0.40 | $0.50 | $-0.04 | $-0.23 | $-0.96 | $-0.37 | $1.26 |
| EPS (Diluted) | $-0.93 | $0.40 | $0.50 | $-0.04 | $-0.23 | $-0.96 | $-0.37 | $1.25 |
| Shares Outstanding (Basic) | 17.8M | 17.7M | 17.6M | 17.5M | 17.6M | 17.7M | 17.6M | 15.6M |
| Shares Outstanding (Diluted) | 17.8M | 17.7M | 17.6M | 17.5M | 17.6M | 17.7M | 17.6M | 16.2M |
| Dividends Per Share | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.25 |