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Side-by-side financial comparison of i-80 Gold Corp. (IAUX) and Local Bounti Corporation (LOCL). Click either name above to swap in a different company.
i-80 Gold Corp. is the larger business by last-quarter revenue ($21.3M vs $12.5M, roughly 1.7× Local Bounti Corporation). Local Bounti Corporation runs the higher net margin — -69.8% vs -401.9%, a 332.1% gap on every dollar of revenue. Local Bounti Corporation produced more free cash flow last quarter ($-3.6M vs $-39.2M).
i-80 Gold Corp is a mineral exploration and development firm focused on gold and silver asset operations in Nevada, US. It advances high-potential mining projects, using responsible extraction practices to deliver precious metals to global industrial and investment markets.
Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.
IAUX vs LOCL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.3M | $12.5M |
| Net Profit | $-85.6M | $-8.7M |
| Gross Margin | 22.0% | 12.2% |
| Operating Margin | -291.6% | -106.1% |
| Net Margin | -401.9% | -69.8% |
| Revenue YoY | — | 23.7% |
| Net Profit YoY | — | 76.0% |
| EPS (diluted) | $-0.10 | $1.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $21.3M | $12.5M | ||
| Q3 25 | $32.0M | $12.2M | ||
| Q2 25 | $27.8M | $12.1M | ||
| Q1 25 | $14.0M | $11.6M | ||
| Q4 24 | — | $10.1M | ||
| Q3 24 | $11.5M | $10.2M | ||
| Q2 24 | $7.2M | $9.4M | ||
| Q1 24 | — | $8.4M |
| Q4 25 | $-85.6M | $-8.7M | ||
| Q3 25 | $-41.9M | $-26.4M | ||
| Q2 25 | $-30.2M | $-21.6M | ||
| Q1 25 | $-41.2M | $-37.7M | ||
| Q4 24 | — | $-36.3M | ||
| Q3 24 | $-43.1M | $-34.3M | ||
| Q2 24 | $-41.0M | $-25.3M | ||
| Q1 24 | — | $-24.1M |
| Q4 25 | 22.0% | 12.2% | ||
| Q3 25 | 9.7% | 11.5% | ||
| Q2 25 | 2.9% | 12.2% | ||
| Q1 25 | 20.7% | 12.6% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | -42.7% | 13.8% | ||
| Q2 24 | -171.4% | 14.3% | ||
| Q1 24 | — | 9.4% |
| Q4 25 | -291.6% | -106.1% | ||
| Q3 25 | -86.7% | -149.4% | ||
| Q2 25 | -67.4% | -127.7% | ||
| Q1 25 | -112.3% | -135.6% | ||
| Q4 24 | — | -166.6% | ||
| Q3 24 | -210.0% | -176.0% | ||
| Q2 24 | -435.2% | -146.8% | ||
| Q1 24 | — | -122.9% |
| Q4 25 | -401.9% | -69.8% | ||
| Q3 25 | -130.8% | -216.6% | ||
| Q2 25 | -108.5% | -178.3% | ||
| Q1 25 | -293.3% | -324.6% | ||
| Q4 24 | — | -360.1% | ||
| Q3 24 | -374.5% | -335.2% | ||
| Q2 24 | -570.8% | -267.6% | ||
| Q1 24 | — | -286.9% |
| Q4 25 | $-0.10 | $1.52 | ||
| Q3 25 | $-0.05 | $-1.18 | ||
| Q2 25 | $-0.05 | $-1.63 | ||
| Q1 25 | $-0.10 | $-4.32 | ||
| Q4 24 | — | $-4.24 | ||
| Q3 24 | $-0.11 | $-4.01 | ||
| Q2 24 | $-0.11 | $-3.00 | ||
| Q1 24 | — | $-2.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.2M | $4.2M |
| Total DebtLower is stronger | $174.7M | $483.1M |
| Stockholders' EquityBook value | $346.8M | $-166.2M |
| Total Assets | $703.4M | $410.5M |
| Debt / EquityLower = less leverage | 0.50× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.2M | $4.2M | ||
| Q3 25 | $102.9M | $6.2M | ||
| Q2 25 | $133.7M | $5.3M | ||
| Q1 25 | $13.5M | $18.0M | ||
| Q4 24 | — | $937.0K | ||
| Q3 24 | $21.8M | $317.0K | ||
| Q2 24 | $47.8M | $9.7M | ||
| Q1 24 | — | $8.2M |
| Q4 25 | $174.7M | $483.1M | ||
| Q3 25 | $175.9M | $484.9M | ||
| Q2 25 | $175.8M | $478.3M | ||
| Q1 25 | $197.5M | $480.0M | ||
| Q4 24 | — | $436.8M | ||
| Q3 24 | — | $398.4M | ||
| Q2 24 | — | $374.0M | ||
| Q1 24 | — | $329.8M |
| Q4 25 | $346.8M | $-166.2M | ||
| Q3 25 | $423.0M | $-158.1M | ||
| Q2 25 | $463.5M | $-132.7M | ||
| Q1 25 | $318.0M | $-134.5M | ||
| Q4 24 | — | $-100.5M | ||
| Q3 24 | $346.9M | $-65.6M | ||
| Q2 24 | $377.2M | $-32.8M | ||
| Q1 24 | — | $-9.4M |
| Q4 25 | $703.4M | $410.5M | ||
| Q3 25 | $756.2M | $417.8M | ||
| Q2 25 | $782.9M | $426.8M | ||
| Q1 25 | $659.0M | $447.2M | ||
| Q4 24 | — | $428.0M | ||
| Q3 24 | — | $430.8M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $413.4M |
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.38× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-34.3M | $-3.1M |
| Free Cash FlowOCF − Capex | $-39.2M | $-3.6M |
| FCF MarginFCF / Revenue | -184.3% | -29.1% |
| Capex IntensityCapex / Revenue | 23.1% | 3.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-93.2M | $-42.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-34.3M | $-3.1M | ||
| Q3 25 | $-15.2M | $-8.9M | ||
| Q2 25 | $-11.3M | $-8.7M | ||
| Q1 25 | $-22.7M | $-9.6M | ||
| Q4 24 | — | $1.2M | ||
| Q3 24 | $-23.5M | $-17.2M | ||
| Q2 24 | $-24.6M | $-4.0M | ||
| Q1 24 | — | $-7.1M |
| Q4 25 | $-39.2M | $-3.6M | ||
| Q3 25 | $-18.5M | $-10.1M | ||
| Q2 25 | $-12.4M | $-14.6M | ||
| Q1 25 | $-23.1M | $-14.5M | ||
| Q4 24 | — | $-8.6M | ||
| Q3 24 | $-23.8M | $-30.0M | ||
| Q2 24 | $-25.1M | $-28.8M | ||
| Q1 24 | — | $-42.1M |
| Q4 25 | -184.3% | -29.1% | ||
| Q3 25 | -57.8% | -82.8% | ||
| Q2 25 | -44.7% | -121.0% | ||
| Q1 25 | -164.1% | -125.1% | ||
| Q4 24 | — | -85.3% | ||
| Q3 24 | -206.7% | -293.1% | ||
| Q2 24 | -349.1% | -305.4% | ||
| Q1 24 | — | -501.8% |
| Q4 25 | 23.1% | 3.9% | ||
| Q3 25 | 10.2% | 9.7% | ||
| Q2 25 | 3.9% | 48.9% | ||
| Q1 25 | 2.5% | 42.8% | ||
| Q4 24 | — | 97.6% | ||
| Q3 24 | 2.5% | 125.0% | ||
| Q2 24 | 7.3% | 263.0% | ||
| Q1 24 | — | 417.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IAUX
| Granite Creek Mining Company | $20.3M | 95% |
| Ruby Hill Mining Company LLC | $991.0K | 5% |
| Lone Tree Minning Company | $3.0K | 0% |
LOCL
Segment breakdown not available.
