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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
Lake Area Corn Processors, LLC
LKCRU
(Other OTC)

Recent

price

7.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
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
Revenue per Share
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
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
0.4
0.05
0.2
1
0.3
0.4
0.2
0.1
- -
- -
0.3
1.11
0.5
0.71
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
Tangible Book Value per Share
30
30
30
30
30
30
30
30
30
30
30
30
30
30
Basic Weighted Avg Shares
148
132
145
124
89
89
85
75
116
131
259
283
280
225
Sales/Revenue/Turnover
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
Operating Margin (%)
3
3
3
3
3
3
3
3
5
6
5
5
6
9
Depreciation Expense
17
-1
13
40
9
11
6
3
-4
1
57
27
42
45
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
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
Profit Margin (%)
- -
12
18
7
8
11
6
- -
8
12
28
14
23
10
Working Capital
- -
- -
9
- -
- -
- -
7
24
38
36
4
3
20
4
LT Debt
- -
51
58
69
68
68
68
68
64
65
113
108
135
141
Total Equity
- -
- -
21.36
46.41
8.33
13.2
6.66
2.62
- -
1.56
41.5
18.49
21.79
22.37
Return on Invested 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 Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
- -
- -
- -
- -
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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.