← LEIFRAS Co., Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $111.8m | $121.3m | $2k | $2k | $166 | $0 | $0 | $9.3b | $10.3b | $74.8m | |
| Cost of Goods and Services Sold | $102.6m | $86.1m | $1k | $1k | $118 | — | — | ($7.0b) | $7.4b | $52.7m | |
| Cost of revenue | — | — | — | — | — | — | — | ($7.0b) | ($7.4b) | ($8.3b) | |
| Gross Profit | — | — | — | — | — | — | — | $2.3b | $2.9b | $22.1m | |
| Total operating expenses | — | $106k | $57k | $41k | $119k | $27k | $140.0m | $44k | $38k | $25k | |
| Operating Income (Loss) | $9.2m | ($104k) | ($55k) | ($39k) | ($119k) | ($27k) | ($140.0m) | $395.7m | $519.8m | $4.0m | |
| Additional Financial Items | |||||||||||
| Interest and Other Income | — | — | — | — | — | — | — | — | $334k | $24k | |
| Other Income | — | — | — | — | — | — | — | — | $22.3m | $172k | |
| Taxes, Miscellaneous | — | — | — | — | — | — | — | — | $85.8m | $839k | |
| Interest Income | $23k | — | $201k | $207k | $362k | $379k | $53k | $320k | $334k | $3.8m | |
| Grant income | — | — | — | — | — | — | — | $14.5m | $17.0m | $16.8m | |
| Unrealized gain (loss) on short-term investment | — | — | — | — | — | — | — | $175k | ($88k) | — | |
| Other Non-Cash Items (CF) | — | — | — | — | — | — | — | $14.1m | $18.4m | ($24.9m) | |
| Current | — | — | — | — | — | — | — | ($159.7m) | ($156.8m) | ($117.8m) | |
| Deferred | — | — | — | — | — | — | — | ($5.2m) | $37.4m | ($50.6m) | |
| Professional Fees | — | — | — | $33k | $24k | $27k | $34k | $44k | $37k | $25k | |
| Gain on asset retirement obligations | — | — | — | — | — | — | — | — | $0 | $84k | |
| Labor and Employee Benefits | — | — | — | — | $90k | $0 | $140.0m | $0 | — | — | |
| Royalty Revenue | — | $2k | $2k | — | — | — | — | — | — | — | |
| Agribusiness | $117.0m | $125.4m | $124.3m | $166.5m | $159.9m | $161.4m | $179.3m | $174.4m | $185.9m | $153.7m | |
| Other operations | $5.6m | $5.4m | $5.0m | $4.8m | $4.6m | $4.6m | $5.3m | $5.5m | $5.6m | $6.0m | |
| Impairment of intangible asset | — | — | — | — | — | — | $0 | $0 | $643k | $0 | |
| Gain on sales of water rights | — | — | — | — | — | — | — | $0 | $0 | ($1.5m) | |
| Gain on remeasurement of previously held equity method investment | — | — | — | — | — | — | — | $0 | $0 | ($2.9m) | |
| Gain on legal settlement | — | $0 | $4.2m | ($2.1m) | ($6.3m) | $0 | $0 | ($2.3m) | $0 | $0 | |
| Equity in earnings of investments, net | $634k | $49k | $583k | $3.1m | $339k | $3.2m | $1.3m | $5.3m | $18.4m | $798k | |
| Net loss attributable to noncontrolling interests, net | $0 | $46k | ($24k) | ($477k) | $1.5m | $456k | $238k | $283k | $542k | $375k | |
| Preferred dividends | ($1) | ($1) | ($1) | ($1) | ($1) | ($1) | ($1) | ($1) | ($1) | ($1) | |
| Net (loss) income applicable to common stock | $7.4m | $6.0m | $19.7m | ($6.4m) | ($16.9m) | ($3.9m) | ($737k) | $8.9m | $7.2m | ($16.5m) | |
| Loss on stock in Calavo Growers, Inc. | — | $0 | $4.2m | ($2.1m) | ($6.3m) | $0 | $0 | ($2.3m) | $0 | $0 | |
| Net loss | $8.1m | $6.5m | $20.2m | ($5.5m) | ($17.9m) | ($3.9m) | ($474k) | — | — | — | |
| Loss (gain) on disposal of assets | $0 | $0 | $0 | ($1.1m) | $502k | $109k | — | — | — | — | |
| Impairment of real estate development assets | $0 | $120k | $1.6m | $0 | $0 | — | — | — | — | — | |
| Rental operations | $5.6m | $5.4m | $5.0m | $4.8m | $4.6m | $4.6m | $5.3m | $5.5m | $5.6m | $6.0m | |
| Net unrealized loss on stock in Calavo Growers, Inc. | — | $0 | $0 | ($2.1m) | — | — | — | — | — | — | |
| Gain on sale of stock in Calavo Growers, Inc. | $3.4m | $0 | $4.2m | — | — | — | — | — | — | — | |
| Gain on sale of conservation easement | $995k | $0 | $0 | — | — | — | — | — | — | — | |
| Real estate development | $56k | $0 | — | — | — | — | — | — | — | — | |
| Dividends per common share | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | — | $538.0m | $3.9m | |
| Total provision for income taxes | ($5.3m) | ($4.1m) | $6.7m | $1.1m | $8.5m | $266k | ($823k) | ($164.9m) | ($119.3m) | ($168.4m) | |
| INCOME BEFORE INCOME TAX POVISION | $13.3m | $10.6m | $13.5m | ($6.6m) | ($26.4m) | ($4.2m) | $349k | $410.2m | $538.0m | $606.8m | |
| Net Income (Loss) Attributable to Parent | $8.1m | ($105k) | ($170k) | ($157k) | ($220k) | ($117k) | ($140.1m) | $245.3m | $418.6m | $2.8m | |
| Earnings Per Share, Basic | $0.52 | $0.42 | $1.26 | ($0.37) | ($0.96) | ($0.23) | ($0.04) | $9.70 | $16.81 | $0.11 | |
| Earnings Per Share, Diluted | $0.52 | ($0.67) | ($1.16) | ($0.52) | ($0.06) | ($2.41) | ($12.63) | $8.59 | $15.78 | $0.11 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | — | — | — | 24.9m | 25.2m | |
| Weighted Average Shares Outstanding | 14.2m | 14.3m | 15.6m | 17.6m | 17.7m | 17.6m | 17.5m | 25.3m | 24.9m | 25.2m | |
| Weighted Average Shares Outstanding, Diluted | 14.2m | 158k | 147k | 301k | 3.8m | 3.9m | 17.5m | 28.6m | 26.5m | 25.2m | |
| WEIGHTED AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED | 48k | 11.1m | 21.0m | 22.5m | |||||||
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | — | — | — | 26.5m | 25.2m | |
| Selling, General and Administrative Expense | — | $106k | $57k | $8k | $5k | $125 | $0 | $50 | $2.4b | $18.1m | |
| Selling, general, and administrative expenses | $13.3m | $13.9m | $16.1m | $21.2m | $21.3m | $19.4m | $21.8m | ($1.9b) | ($2.4b) | ($2.8b) | |
| Cost, Depreciation and Amortization | — | — | — | — | — | — | — | — | $122.0m | $126.1m | |
| Nonoperating Income (Expense) | — | — | — | $118k | $101k | $109k | ($4.5m) | ($712k) | $18.2m | ($131k) | |
| Other Operating Expense | — | — | — | — | — | — | — | $0 | $900 | $0 | |
| Other income (expense), net | $498k | $492k | $313k | $129k | $219k | $89k | ($955k) | ($2.6m) | $212k | $93k | |
| Cost and expenses | $85.7m | $91.4m | $98.2m | $152.5m | — | — | — | — | — | — | |
| Interest Expense | ($1.4m) | $2k | $116k | $89k | $101k | $90k | $57k | ($13.8m) | $16.5m | $105k | |
| Interest expense, net of patronage dividends | — | — | — | — | ($2) | ($2) | ($2) | ($0) | ($1) | ($2) | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | $156.8m | $751k | |
| Other Operating Income (Expense), Net | $9.2m | ($104k) | ($55k) | ($39k) | ($119k) | ($27k) | ($140.0m) | $395.7m | $17.4m | ($158k) | |
| Total other income (expenses), net | $4.1m | ($1.2m) | $4.0m | ($1.0m) | ($7.4m) | $2.2m | ($1.9m) | $14.5m | $18.2m | ($20.6m) | |
| Total other expense | — | — | — | — | $101k | $90k | $57k | $59k | $53k | — | |
| Total other expenses | — | $2k | $115k | $118k | — | — | — | — | — | — | |
| Total costs and expenses | $102.6m | $109.4m | $119.9m | $176.9m | $183.6m | $172.4m | $182.4m | $169.1m | $197.7m | $180.1m | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | $119.3m | $1.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.