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Adjusted EBITDA: $22.5 million, surpassing the $20 million target.

Land Sales: $23.8 million, exceeding the $20 million guidance.

Cash and Cash Equivalents: $38.1 million at the end of fiscal year 2025.

Net Debt: Reduced to $47.4 million from $89 million, a $41.6 million improvement year-over-year.

Revenue (Q4 2025): $802,000 compared to $935,000 in the prior year quarter.

Revenue (Full Fiscal Year 2025): $44.1 million compared to $46.6 million in fiscal 2024.

Net Loss (Q4 2025): $8.5 million or $1.11 per diluted share, compared to a net loss of $18.1 million or $2.38 per diluted share in the prior year quarter.

Net Loss (Full Fiscal Year 2025): $147.3 million or $19.29 per diluted share, primarily due to noncash charges related to strategic transformation.

Working Capital Ratio: Improved to 9.56:1.

Crop Insurance Proceeds: $20.4 million received following Hurricane Milton.

Market Value of Assets: Estimated between $650 million and $750 million.

Current Market Capitalization: Approximately $240 million.

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Release Date: November 25, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Alico Inc (NASDAQ:ALCO) successfully completed its strategic pivot from a traditional citrus producer to a diversified land company, positioning itself for sustainable long-term value creation.

The company exceeded its financial guidance, achieving $22.5 million in adjusted EBITDA, surpassing the $20 million target.

Alico Inc (NASDAQ:ALCO) strengthened its balance sheet, ending the year with $38.1 million in cash and reducing net debt to $47.4 million, providing financial flexibility through fiscal year 2027.

The establishment of the Corkscrew Grove Stewardship District represents a significant regulatory milestone, validating Alico's development strategy and supporting sustainable community-focused growth.

Alico Inc (NASDAQ:ALCO) has successfully negotiated lease agreements for approximately 5,250 acres with third-party citrus growers, generating revenue during the transition and maintaining productive use of agricultural lands.

Alico Inc (NASDAQ:ALCO) reported a net loss attributable to common stockholders of $8.5 million for the fourth quarter and a net loss of $147.3 million for the full fiscal year, primarily due to noncash charges related to strategic transformation.

Revenue for the fourth quarter decreased to $802,000 from $935,000 in the prior year quarter, reflecting the conclusion of citrus operations.

The company incurred $162.7 million in accelerated depreciation and $25 million in asset impairments as part of exiting citrus operations.

Alico Inc (NASDAQ:ALCO) has not provided guidance on additional land sales for fiscal year 2026, leaving uncertainty about future revenue from this segment.

Despite the transformation, the company still faces challenges in optimizing agricultural operations and maintaining rigorous cost controls across all properties.

Q: What is the expected current of the land sales in the next 12 months? Should we anticipate larger transactions similar to prior year disposals or a more measured pace? A: We have not provided any guidance on additional land sales at this time for fiscal year 2026. - John Kiernan, President & CEO

Q: Can you elaborate on the financial flexibility and how it supports your operations through fiscal year 2027? A: We ended fiscal year 2025 with $38.1 million in cash and reduced our net debt to $47.4 million. This strong liquidity position, combined with our $92.5 million available under our line of credit, provides us with sufficient resources to fund operations through fiscal 2027. - Bradley Heine, CFO

Q: How does the establishment of the Corkscrew Grove Stewardship District impact your development strategy? A: The establishment of the Corkscrew Grove Stewardship District represents a significant regulatory milestone that validates our development strategy. It provides the framework for sustainable community-focused growth and positions us to effectively finance infrastructure and manage natural areas. - John Kiernan, President & CEO

Q: What are the key accomplishments for Alico in fiscal year 2025? A: We completed our final major citrus harvest, exceeded financial guidance across key metrics, and strengthened our balance sheet. We also advanced our development pipeline, particularly with Corkscrew Grove Villages, and maintained our commitment to conservation. - John Kiernan, President & CEO

Q: Can you discuss the impact of Hurricane Milton on your financial results? A: The $20.4 million in crop insurance proceeds we received following Hurricane Milton, combined with our land sales, has created a robust liquidity position. This has allowed us to maintain our track record of consistent dividend payments and return capital to shareholders. - John Kiernan, President & CEO

For the complete transcript of the earnings call, please refer to the full earnings call transcript.