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Financial Snapshot

Revenue
TTM
$224.5M
Gross Margin
TTM
15.46%
Net Income
TTM
$45.11M
Current Assets
2024 Q2
Current Liabilities
2024 Q2
Current Ratio
2024 Q2
158.21%
Total Assets
2024 Q2
Total Liabilities
2024 Q2
$21.07M
Book Value
2024 Q2
$141.1M
Cash
2024 Q2
P/E
TTM
2.935
Free Cash Flow
TTM
-$26.23M

Stock Price

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Market Cap: $132.4 Million

About LAKE AREA CORN PROCESSORS LLC

Lake Area Corn Processors LLC engages in the ownership and management of ethanol plant. The company is headquartered in Wentworth, South Dakota. The company went IPO on 2016-05-04. The Company’s segments include Production and Ethanol Producing Equity Method Investments. The Production segment includes the manufacture and marketing of fuel-grade ethanol and co-products of the ethanol production process. The Ethanol Producing Equity Method Investments segment consists of the aggregation of the Company's two equity method operating segments of investment in Guardian Hankinson, LLC and investment in Ring-neck Energy & Feed, LLC. The principal products produced at the ethanol plant are fuel grade ethanol, distillers grains and corn oil. The ethanol plant produces at a rates more than 90 million gallons of ethanol per year. The ethanol plant is located near Wentworth, South Dakota.

Industry: Industrial Organic Chemicals Peers: ADAMS RESOURCES & ENERGY, INC. Blue Dolphin Energy Co Granite Falls Energy, LLC HIGHWATER ETHANOL LLC Marathon Petroleum Corp Stratos Renewables Corp

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