LOCL fundamentals
Key facts
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About
Local Bounti Corp. operates as an advanced indoor growing facility. It is a premier Controlled Environment Agriculture (CEA) company that utilizes patented Stack & Flow Technology, which is a hybrid of vertical and hydroponic greenhouse farming, to grow healthy food sustainably and affordably. It produces sustainably grown produce, focused primarily on living and loose leaf lettuce, arugula, spinach, and basil. The company was founded by Travis Joyner and Craig M. Hurlbert in August 2018 and is headquartered in Hamilton, MT.
Valuation
Fundamental metrics to determine fair value of the stock
Growth and Profitability
Company’s recent performance and margins
Dividends
Dividend yield, history and sustainability
No dividends
LOCL has never paid dividends and has no current plans to do so.
Financial health
Financial position and solvency of the company