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LAKE AREA CORN PROCESSORS LLC

company.status.inactive

CIK 1156174fmd_15GYE0NZCJQFGKNAPM7VF1M45SManufacturing · Industrial Organic ChemicalsTemplate: Standard

Coverage: Jan 01, 2009 to Jun 30, 2024, 59 periods

Latest annual · FY2023

Millions
Total revenues
280
Gross profit
36
Operating income
30
Net income
42
Free cash flow
59

Latest quarter · Q2 FY2024

Millions
Total revenues
49
Gross profit
8
Operating income
7
Net income
12
Free cash flow
18
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2020 to FY2023
+29.0%
Revenue, 5 yearsFY2018 to FY2023
+30.3%
Net income, 5 yearsFY2018 to FY2023
+73.2%

LAKE AREA CORN PROCESSORS LLC financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2023FY2022ChangeSource
Revenue$280.4 million$282.6 million-0.8%10-K 2024-03-07 · proof
Gross profit$35.7 million$26.9 million+33%10-K 2024-03-07 · proof
Operating income$29.9 million$21.9 million+36.4%10-K 2024-03-07 · proof
Net income$42.4 million$27.3 million+55.2%10-K 2024-03-07 · proof
Cash from operating activities$60.1 million$36.6 million+64%10-K 2024-03-07 · proof
Free cash flow$58.6 million$26.7 million+119.6%10-K 2024-03-07 · proof
Total assets$193.4 million$156.4 million+23.6%10-K 2024-03-07 · proof
Total liabilities$58 million$48.5 million+19.7%10-K 2024-03-07 · proof
Cash and cash equivalents$36.8 million$27 million+36.2%10-K 2024-03-07 · proof
Total debt$20 million$4 million+400.2%10-K 2024-03-07 · proof
What was LAKE AREA CORN PROCESSORS LLC's revenue in fiscal 2023?
LAKE AREA CORN PROCESSORS LLC reported revenue of $280.4 million for fiscal 2023 (the year ended Dec 31, 2023), against $282.6 million the year before (-0.8%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What was LAKE AREA CORN PROCESSORS LLC's gross profit in fiscal 2023?
LAKE AREA CORN PROCESSORS LLC reported gross profit of $35.7 million for fiscal 2023 (the year ended Dec 31, 2023), against $26.9 million the year before (+33%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What was LAKE AREA CORN PROCESSORS LLC's operating income in fiscal 2023?
LAKE AREA CORN PROCESSORS LLC reported operating income of $29.9 million for fiscal 2023 (the year ended Dec 31, 2023), against $21.9 million the year before (+36.4%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What was LAKE AREA CORN PROCESSORS LLC's net income in fiscal 2023?
LAKE AREA CORN PROCESSORS LLC reported net income of $42.4 million for fiscal 2023 (the year ended Dec 31, 2023), against $27.3 million the year before (+55.2%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What was LAKE AREA CORN PROCESSORS LLC's cash from operating activities in fiscal 2023?
LAKE AREA CORN PROCESSORS LLC reported cash from operating activities of $60.1 million for fiscal 2023 (the year ended Dec 31, 2023), against $36.6 million the year before (+64%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What was LAKE AREA CORN PROCESSORS LLC's free cash flow in fiscal 2023?
LAKE AREA CORN PROCESSORS LLC reported free cash flow of $58.6 million for fiscal 2023 (the year ended Dec 31, 2023), against $26.7 million the year before (+119.6%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What are LAKE AREA CORN PROCESSORS LLC's total assets?
As of Dec 31, 2023, LAKE AREA CORN PROCESSORS LLC reported total assets of $193.4 million, against $156.4 million a year earlier (+23.6%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What are LAKE AREA CORN PROCESSORS LLC's total liabilities?
As of Dec 31, 2023, LAKE AREA CORN PROCESSORS LLC reported total liabilities of $58 million, against $48.5 million a year earlier (+19.7%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What are LAKE AREA CORN PROCESSORS LLC's cash and cash equivalents?
As of Dec 31, 2023, LAKE AREA CORN PROCESSORS LLC reported cash and cash equivalents of $36.8 million, against $27 million a year earlier (+36.2%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC
What is LAKE AREA CORN PROCESSORS LLC's total debt?
As of Dec 31, 2023, LAKE AREA CORN PROCESSORS LLC reported total debt of $20 million, against $4 million a year earlier (+400.2%). Source: the 10-K filed with the SEC on Mar 7, 2024. SEC

Read from the FinancialMD API on Nov 13, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1156174&period_type=annual&limit=5"

Information only, not investment advice.