Farmmi vs Local Bounti
Local Bounti is the larger business, with $48.4m of revenue in fiscal 2025 against $28.0m for Farmmi (1.7 times as much). Local Bounti grew faster (26.8% against -56.4%). Farmmi kept more of each dollar of sales as profit: a net margin of -189.8% against -195.1%.
| Latest fiscal year | FarmmiFAMI, 2025 | Local BountiLOCL, 2025 |
|---|---|---|
| Revenue | $28.0m | $48.4m |
| Revenue growth | -56.4% | 26.8% |
| Net income | −$53.1m | −$94.4m |
| Operating margin | -200.6% | — |
| Net margin | -189.8% | -195.1% |
| Return on equity | -36.1% | — |
| Free cash flow | $52.4m | −$41.9m |
| Cash | $804,098 | $4.2m |
| Total debt | $1.8m | $483m |
| Debt to equity | 1.5% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 286 |
| Market value | $542,706 | $21.4m |
| Price vs our value range | — | — |
| Moat score | — | 21 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 12 sales |