Alico is a Florida-incorporated agribusiness and land management company that owns approximately 49,000 acres across eight Florida counties, generating revenue primarily through citrus cultivation and increasingly through diversified land management and real estate development. Historically, the company derived the majority of its revenue from Alico Citrus, which operated citrus groves across seven counties and sold processed and fresh fruit to major customers through fixed-price and floor-ceiling pricing contracts, though this segment has substantially wound down in response to citrus greening disease and environmental pressures. The company is strategically repositioning toward long-term diversified land usage including grazing leases, hunting leases, conservation activities, and real estate development on approximately 25% of its holdings, while maintaining the remaining land for agricultural ventures; it also generates revenue from oil and gas mineral rights, rock mining royalties, land sales, and value-added agricultural services.