Alico, Inc. (NASDAQ:ALCO), a leader in agribusiness, reported impressive earnings on December 2, 2024. The company’s revenue reached a remarkable $935,000 in Q4 2024, surpassing the estimated $400,000, showcasing the company’s effective business strategies. Additionally, Alico achieved a net income of $7 million and EBITDA of $29.7 million, demonstrating robust operational success driven by strategic land sales.

During the Q4 earnings call, key executives, including President and CEO John Kiernan, discussed Alico’s strong financial positioning. The company’s strategic land sales involved the sale of approximately 18,354 acres, generating around $86.2 million in gross proceeds. This move reinforces Alico’s strategy to optimize its asset base while bolstering its financial footing.

Alico’s financial standing is highlighted by a low debt-to-equity ratio of 0.039, indicating conservative capital management. The current ratio of 3.81 underlines an excellent ability to meet short-term obligations, showcasing strong liquidity. The significant price-to-earnings (P/E) ratio of around 28.89 indicates a substantial investor interest, while the price-to-sales ratio around 4.32 underscores the company’s decisive growth reputation.