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    Chemicals - Specialty
Lake Area Corn Processors, LLC

Lake Area Corn Processors, LLC

LKCRU
Lake Area Corn Processors, LLCUS flagOther OTC
7.26
USD
- -
- -
215.04MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
4.99
4.47
4.91
4.2
3
3
2.86
2.52
3.92
4.41
8.74
9.54
9.47
7.58
Basic EPS, GAAP
0.59
-0.04
0.45
1.34
0.29
0.39
0.22
0.09
-0.13
0.04
1.93
0.92
1.43
1.52
Free Cash Flow per Basic Share
0.87
-0.05
0.73
0.85
0.32
0.39
0.12
-0.61
-0.05
0.3
1.95
0.9
1.98
1.97
Dividend per Share
0.4
0.05
0.2
1
0.3
0.4
0.2
0.1
- -
- -
0.3
1.11
0.5
0.71
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
1.37
1.62
1.97
1.95
1.94
1.95
1.95
1.82
1.85
3.48
3.29
4.22
4.41
Basic Weighted Avg Shares
30
30
30
30
30
30
30
30
30
30
30
30
30
30
Sales/Revenue/Turnover
148
132
145
124
89
89
85
75
116
131
259
283
280
225
Operating Margin (%)
11.54
-1.08
8.81
25.59
6.43
10.22
5.72
3.01
-2.38
1.23
17.87
7.75
10.66
13.7
Depreciation Expense
3
3
3
3
3
3
3
3
5
6
5
5
6
9
Net Income, GAAP
17
-1
13
40
9
11
6
3
-4
1
57
27
42
45
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
11.81
-0.97
9.15
31.98
9.72
12.84
7.53
3.64
-3.3
0.81
22.04
9.66
15.11
20.09
Working Capital
- -
12
18
7
8
11
6
- -
8
12
28
14
23
10
LT Debt
- -
- -
9
- -
- -
- -
7
24
38
36
4
3
20
4
Total Equity
- -
51
58
69
68
68
68
68
64
65
113
108
135
141
Return on Invested Capital (%)
- -
- -
21.36
46.41
8.33
13.2
6.66
2.62
- -
1.56
41.5
18.49
21.79
22.37
Return on Capital (%)
- -
- -
255.19
775.99
2,340.12
1,506.02
131.92
15.31
- -
6.34
260.98
355.25
275.96
537.55
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
3
4
4
LT Borrowings
20
19
4
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
30
Market Capitalization
- -
- -
180

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
61
27
27
Cash, Cash Equivalents & STI
37
2
5
Accounts Receivable, Net
6
7
3
Inventories
15
14
15
Total Current Liabilities
38
13
17
Payables & Accruals
34
8
12
ST Debt
3
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.7%
18.08%
25.42%
Free Cash Flow
-84.78%
-29.94%
119.56%
Net Income, GAAP
499.37%
988.49%
55.23%
Sales/Revenue/Turnover
11.5%
34.91%
-0.75%
Total Cash Common Dividend
- -
- -
-54.5%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
64
75
74
68
283
2023
78
74
67
62
280
2024
47
49
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.06
0.38
0.22
- -
0.92
2023
0.12
0.29
0.54
- -
1.43
2024
0.08
0.42
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.51
- -
0.4
- -
1.11
2023
- -
0.1
0.1
- -
0.5
2024
0.31
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Scott A. Mundt
Full Time Employees
47
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
46269 SD Highway 34 Wentworth SD United States of America 57075
IPO Date
Jul 2, 2018
CIK
0001156174
Website
dakotaethanol.com
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Business
Lake Area Corn Processors, LLC (LKCRU) owns and operates an ethanol production facility through its wholly owned subsidiary Dakota Ethanol, LLC, focusing on the manufacture and marketing of fuel-grade ethanol and related co-products; the company produces approximately 100 million gallons of ethanol annually, along with distillers grains utilized as animal feed supplements for dairy, poultry, swine, and beef industries, and corn oil employed in animal feed, industrial applications, and biodiesel production. Headquartered in Wentworth, South Dakota, where the plant is located, Lake Area Corn Processors was established in the early 2000s and primarily serves customers across North America, sourcing corn from regional grower-owners under a cooperative model that emphasizes supply chain stability and sustainable agriculture. The company maintains equity investments in ethanol production ventures, including Guardian Hankinson, LLC and Ring-neck Energy & Feed, LLC, diversifying its operations within the renewable fuels sector. Recent developments include receipt of USDA Biofuel Producer Program payments totaling $2.96 million in 2023 and $1.2 million in 2022 to offset pandemic-related market losses, alongside a June 2022 precedent agreement with Northern Natural Gas Company for the West Let 2023 Expansion to support operational enhancements, and ongoing emphasis on low carbon intensity initiatives through partnerships like the American Coalition for Ethanol's Regional Conservation Partnership Program.