Adjusted EBITDA: $22.5 million, surpassing the $20 million target. Land Sales: $23.8 million, exceeding the $20 million guidance. Cash and Cash Equivalents: $38.1 million at the end of fiscal year ...

Alico Inc (NASDAQ:ALCO) is undergoing a strategic transformation to focus on alternative agricultural operations and land modernization, which is expected to unlock significant value for shareholders.