Slide 1: Alico, Inc. Announces Financial Results for the Third Quarter Ended June 30, 2026
August 10, 2026 Alico, Inc. Announces Financial Results for the Third Quarter Ended June 30, 2026 Company Entered Agricultural Lease Agreement for Approximately 3,280 Acres, Including a Purchase Option for $29.5 million, Extending Alico’s Land Monetization Strategy Beyond Outright Sales Corkscrew Gr
Slide 2: Results of Operations for the Third Quarter 2026
responsible land stewardship. With cash and cash equivalents of $55.6 million at quarter- end, we believe we've extended our financial runway through fiscal year 2029, without requiring any additional asset sales, giving us the flexibility to advance our development pipeline on our own timeline." Re
Slide 3: Other Corporate Financial Information, Dividend and Balance Sheet and Liquidity
citrus operations and focus on land sales, land leasing, and land development activities. The Company completed its last significant citrus harvest in April 2025. While the Company expects the historical seasonal patterns to diminish over time as this transition progresses, the Company’s financial r
Slide 4: Real Estate and Land Development
believes this transaction simplifies its corporate structure and gives it full ownership and control over the future use of this property, consistent with its broader strategy of streamlining the business. In January 2025, Alico sought legislative approval from the Florida Legislature to establish t
Slide 5: Fiscal Year 2026 Guidance and Conference Call Information
The Company raises its Adjusted EBITDA guidance to approximately $15 million in fiscal year 2026. The Company now expects to end the fiscal year with cash of approximately $48 million and net debt of approximately $37 million, with only the minimum required balance of $2.5 million on its revolving l
Slide 6: Forward-Looking Statements
risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors, including, but not limited to: our ability to successfully develop and exec
Slide 7: Condensed Consolidated Balance Sheets
may differ materially from the financial projections. Investor Contact: John Mills Brad Heine ICR Chief Financial Officer (646) 277-1254 (239) 226-2000 InvestorRelations@alicoinc.com bheine@alicoinc.com ALICO, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except share amounts) June 30, S
Slide 8: Condensed Consolidated Statements of Operations
ALICO, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share amounts) Three Months Ended Nine Months Ended June 30, June 30, 2026 2025 2026 2025 Operating revenues: Alico Citrus $ 1,123 $ 7,805 $ 5,797 $ 41,384 Land Management and Other Operations 7,917 585
Slide 9: Non-GAAP Financial Measures
Changes in operating assets and liabilities: Accounts receivable (192) (839) Inventories 4,034 17,194 Prepaid expenses 541 — Income tax receivable 338 896 Other assets (164) 10 Accounts payable and accrued liabilities 665 (4,048) Income taxes payable 584 — Other liabilities (402) 168 Net cash provid
Slide 10: Non-GAAP Financial Measures Reconciliation
Due to significant depreciable assets associated with the nature of our operations and, to a lesser extent, interest costs associated with our capital structure, management believes that EBITDA, Adjusted EBITDA and Net Debt are important measures to evaluate our results of operations between periods
Slide 11: Source: Alico, Inc.
ALICO incorporated Source: Alico, Inc.