Local Bounti (US:LOCL)2022-05-20 18:31Company Overview and Strategy - Local Bounti was founded by Craig and Travis, aiming for long-term CEA leadership with a focus on unit economics [7, 12] - The company utilizes a differentiated approach focusing on unit economics, local and distributed logistics, brand and product diversity, and sustainability [8, 9] - Local Bounti's strategy involves selecting geographic opportunities and analyzing build vs buy strategic approaches to expand its footprint [19, 20] Financial Highlights and Projections - Projected revenues for 2025 are estimated at $462 million [12] - The company has a $170 million debt facility in place with Cargill [12] - Facility capital costs are 30 times EBITDA [13] Technology and Production - Local Bounti employs patent-pending Stack & Flow Technology to achieve superior production unit economics [8] - The company achieves 15x-20x yield of comparable greenhouse farms [13, 15] - Local Bounti's technology uses 90% less water and land usage compared to outdoor growers [10, 15] ESG Alignment - Local Bounti exhibits exceptional ESG performance, directly addressing over half of the U N Sustainable Development Goals [10]