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Side-by-side financial comparison of Local Bounti Corporation (LOCL) and Lake Shore Bancorp, Inc. (LSBK). Click either name above to swap in a different company.

Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $7.4M, roughly 1.7× Lake Shore Bancorp, Inc.). Lake Shore Bancorp, Inc. runs the higher net margin — 31.8% vs -69.8%, a 101.6% gap on every dollar of revenue. Lake Shore Bancorp, Inc. produced more free cash flow last quarter ($3.3M vs $-3.6M).

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.

Lake Shore Bancorp, Inc. (Maryland) is a U.S. regional bank holding company that operates via its banking subsidiary, offering retail and commercial banking services including deposits, loans, mortgages and wealth management, primarily serving individuals and SMEs across local communities in Maryland.

LOCL vs LSBK — Head-to-Head

Bigger by revenue
LOCL
LOCL
1.7× larger
LOCL
$12.5M
$7.4M
LSBK
Higher net margin
LSBK
LSBK
101.6% more per $
LSBK
31.8%
-69.8%
LOCL
More free cash flow
LSBK
LSBK
$6.9M more FCF
LSBK
$3.3M
$-3.6M
LOCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LOCL
LOCL
LSBK
LSBK
Revenue
$12.5M
$7.4M
Net Profit
$-8.7M
$2.4M
Gross Margin
12.2%
Operating Margin
-106.1%
38.4%
Net Margin
-69.8%
31.8%
Revenue YoY
23.7%
Net Profit YoY
76.0%
EPS (diluted)
$1.52
$0.32

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.

Revenue
LOCL
LOCL
LSBK
LSBK
Q4 25
$12.5M
Q3 25
$12.2M
$7.4M
Q2 25
$12.1M
$6.9M
Q1 25
$11.6M
Q4 24
$10.1M
Q3 24
$10.2M
Q2 24
$9.4M
Q1 24
$8.4M
Net Profit
LOCL
LOCL
LSBK
LSBK
Q4 25
$-8.7M
Q3 25
$-26.4M
$2.4M
Q2 25
$-21.6M
$1.9M
Q1 25
$-37.7M
Q4 24
$-36.3M
Q3 24
$-34.3M
Q2 24
$-25.3M
Q1 24
$-24.1M
Gross Margin
LOCL
LOCL
LSBK
LSBK
Q4 25
12.2%
Q3 25
11.5%
Q2 25
12.2%
Q1 25
12.6%
Q4 24
5.4%
Q3 24
13.8%
Q2 24
14.3%
Q1 24
9.4%
Operating Margin
LOCL
LOCL
LSBK
LSBK
Q4 25
-106.1%
Q3 25
-149.4%
38.4%
Q2 25
-127.7%
33.2%
Q1 25
-135.6%
Q4 24
-166.6%
Q3 24
-176.0%
Q2 24
-146.8%
Q1 24
-122.9%
Net Margin
LOCL
LOCL
LSBK
LSBK
Q4 25
-69.8%
Q3 25
-216.6%
31.8%
Q2 25
-178.3%
27.7%
Q1 25
-324.6%
Q4 24
-360.1%
Q3 24
-335.2%
Q2 24
-267.6%
Q1 24
-286.9%
EPS (diluted)
LOCL
LOCL
LSBK
LSBK
Q4 25
$1.52
Q3 25
$-1.18
$0.32
Q2 25
$-1.63
$0.34
Q1 25
$-4.32
Q4 24
$-4.24
Q3 24
$-4.01
Q2 24
$-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
LOCL
LOCL
LSBK
LSBK
Cash + ST InvestmentsLiquidity on hand
$4.2M
$83.6M
Total DebtLower is stronger
$483.1M
$2.0M
Stockholders' EquityBook value
$-166.2M
$139.3M
Total Assets
$410.5M
$742.8M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOCL
LOCL
LSBK
LSBK
Q4 25
$4.2M
Q3 25
$6.2M
$83.6M
Q2 25
$5.3M
$75.4M
Q1 25
$18.0M
Q4 24
$937.0K
Q3 24
$317.0K
Q2 24
$9.7M
Q1 24
$8.2M
Total Debt
LOCL
LOCL
LSBK
LSBK
Q4 25
$483.1M
Q3 25
$484.9M
$2.0M
Q2 25
$478.3M
$2.0M
Q1 25
$480.0M
Q4 24
$436.8M
Q3 24
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
LOCL
LOCL
LSBK
LSBK
Q4 25
$-166.2M
Q3 25
$-158.1M
$139.3M
Q2 25
$-132.7M
$92.9M
Q1 25
$-134.5M
Q4 24
$-100.5M
Q3 24
$-65.6M
Q2 24
$-32.8M
Q1 24
$-9.4M
Total Assets
LOCL
LOCL
LSBK
LSBK
Q4 25
$410.5M
Q3 25
$417.8M
$742.8M
Q2 25
$426.8M
$734.8M
Q1 25
$447.2M
Q4 24
$428.0M
Q3 24
$430.8M
Q2 24
$438.1M
Q1 24
$413.4M
Debt / Equity
LOCL
LOCL
LSBK
LSBK
Q4 25
Q3 25
0.01×
Q2 25
0.02×
Q1 25
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
LOCL
LOCL
LSBK
LSBK
Operating Cash FlowLast quarter
$-3.1M
$3.3M
Free Cash FlowOCF − Capex
$-3.6M
$3.3M
FCF MarginFCF / Revenue
-29.1%
44.4%
Capex IntensityCapex / Revenue
3.9%
0.6%
Cash ConversionOCF / Net Profit
1.42×
TTM Free Cash FlowTrailing 4 quarters
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOCL
LOCL
LSBK
LSBK
Q4 25
$-3.1M
Q3 25
$-8.9M
$3.3M
Q2 25
$-8.7M
$2.5M
Q1 25
$-9.6M
Q4 24
$1.2M
Q3 24
$-17.2M
Q2 24
$-4.0M
Q1 24
$-7.1M
Free Cash Flow
LOCL
LOCL
LSBK
LSBK
Q4 25
$-3.6M
Q3 25
$-10.1M
$3.3M
Q2 25
$-14.6M
$2.0M
Q1 25
$-14.5M
Q4 24
$-8.6M
Q3 24
$-30.0M
Q2 24
$-28.8M
Q1 24
$-42.1M
FCF Margin
LOCL
LOCL
LSBK
LSBK
Q4 25
-29.1%
Q3 25
-82.8%
44.4%
Q2 25
-121.0%
28.5%
Q1 25
-125.1%
Q4 24
-85.3%
Q3 24
-293.1%
Q2 24
-305.4%
Q1 24
-501.8%
Capex Intensity
LOCL
LOCL
LSBK
LSBK
Q4 25
3.9%
Q3 25
9.7%
0.6%
Q2 25
48.9%
7.7%
Q1 25
42.8%
Q4 24
97.6%
Q3 24
125.0%
Q2 24
263.0%
Q1 24
417.3%
Cash Conversion
LOCL
LOCL
LSBK
LSBK
Q4 25
Q3 25
1.42×
Q2 25
1.31×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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