Alico, Inc. successfully completed its final major citrus harvest, exceeding $20 million in land sales for fiscal year 2025 with $23.8 million. The company reported a net loss of $147.3 million but achieved an Adjusted EBITDA of $22.5 million. Alico ends the year with $38.1 million in cash and a reduced net debt of $47.4 million.
The company’s strategic transformation from a citrus producer to a diversified land company is progressing well. With 25% of land identified for development opportunities and 75% for diversified agriculture, Alico is positioned for growth. Key projects like Corkscrew Grove Villages and Bonnett Lake are advancing through the entitlement process, with a decision on Corkscrew Grove expected in 2026.
Alico’s Citrus Division harvested 2.3 million boxes of fruit for fiscal year 2025, a 25.9% decrease attributed to Hurricane Milton. Despite the production decrease, the company saw an increase in the average realized price per pound solids, rising to $3.66 from $2.81. The Land Management Division also saw an increase in gross profit, driven by various income sources.
The creation of Corkscrew Grove Villages, a major land development project, is underway. The villages will offer housing, commercial space, and conservation areas. Alico has submitted permits for both villages and is working with Collier County for approval. The project is expected to provide economic benefits and improve infrastructure.
Alico has established the Corkscrew Grove Stewardship District to support infrastructure financing and land management for the villages. The company has also partnered with the Florida Department of Transportation to construct a wildlife underpass as part of a road expansion project. Alico remains committed to conservation efforts and land stewardship.

Read more at GlobeNewswire: Alico, Inc. Announces Financial Results for the Fourth