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LOCL| Name | Value |
|---|---|
| Revenues | 6.8M |
| Cost of Revenue | 6.4M |
| Gross Profit | 0.4M |
| Operating Expense | 19.4M |
| Operating I/L | -19.0M |
| Other Income/Expense | -5.3M |
| Interest Income | 7.1M |
| Pretax | -24.3M |
| Income Tax Expense | 7.1M |
| Net Income/Loss | -24.3M |
Local Bounti Corporation is a US-based producer of fresh greens and herbs, specializing in lettuce, herbs, and loose-leaf lettuce. The company's primary revenue streams come from selling its products to food retailers and food service distributors, catering to the growing demand for fresh, locally sourced produce. Founded in 2018, Local Bounti Corporation has established itself as a key player in the agricultural industry, leveraging innovative growing techniques to deliver high-quality, sustainable products to its customers.
