Local Historical Income Statement
| LOCL Stock | USD 1.75 0.01 0.57% |
Historical analysis of Local Bounti income statement accounts such as Total Operating Expenses of 59.8 M can show how well Local Bounti Corp performed in making a profits. Evaluating Local Bounti income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Local Bounti's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Local Bounti Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Local Bounti Corp is a good buy for the upcoming year.
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About Local Income Statement Analysis
Local Bounti Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Local Bounti shareholders. The income statement also shows Local investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Local Bounti Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Local Bounti Corp. It is also known as Local Bounti overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Revenue
Total revenue comprises all receipts Local Bounti Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Local Bounti's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Local Bounti Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Local Bounti Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Local Bounti's Cost Of Revenue is quite stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 432K | 17.3M | 25.3M | 26.6M | Research Development | 3.4M | 14.1M | 16.1M | 9.5M |
Local Bounti income statement Correlations
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Local Bounti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Local Bounti. If investors know Local will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (18.11) | Revenue Per Share 3.835 | Quarterly Revenue Growth 0.315 | Return On Assets (0.1) | Return On Equity (4.25) |
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.