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Logistic Properties of the Americas financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Logistic Properties of the Americas files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2023FY2023FY2024FY2025
Revenue25.63239.443.950.1
Selling, general and administrative1.331.261.53
General and administrative5.394.618.5115.616.7
Operating income21.526.534.236.641
Interest expense9.811.831.122.620.8
Pre-tax income17.413.712.1-9.8625.7
Income tax8.762.244.989.569.64
Net income to minority interests4.543.414.029.865.61
Net income4.138.033.14-29.310.5
EPS, basic0.150.280.11-0.940.33
EPS, diluted0.150.280.11-0.940.33

Balance sheet

FY2021FY2023FY2023FY2024FY2025
Cash and equivalents17.41535.228.827.3
Total current assets33.358.94039.6
Property, plant and equipment0.430.350.310.36
Lease right-of-use assets0.45
Total assets498591607701
Accounts payable8.5913.18.3611.7
Total current liabilities12634.626.532
Lease liabilities0.092.941313.2
Total liabilities264330336376
Total debt216271267297
Retained earnings64.767.938.649.1
Shareholders' equity201222229257
Minority interests33.338.641.867.9
Total equity238234261271325
Total liabilities and equity498591607701

Cash flow statement

FY2021FY2023FY2023FY2024FY2025
Net income8.6711.47.16-19.416.1
Capital expenditures-0.1-0.09-0.13-0.07-0.15
Cash from investing-66.9-36.5-23.2-10.7-25.1
Debt issued78.644.220613.136.5
Debt repaid-11.9-13.3-152-10.9-13.2
Share buybacks00-1.24-2.03
Cash from financing59.314.826-14.71.81
Exchange rate effect-0.35-0.30.28-0.380.22
Net change in cash1.9-2.3720.3-6.42-1.5

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $2.91 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin81.7%Operating income / revenue.
Pre-tax margin51.4%Pre-tax income / revenue.
Net margin20.9%Net income / revenue.
Effective tax rate37.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)4.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.6%Net income / average total assets.
Return on invested capital (ROIC)5.2%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Capex / revenue0.3%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y14.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y16.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y11.9%Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y15.6%Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 3y9.3%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 3y5.6%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y12.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y8.5%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y15.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y12.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.24xCurrent assets / current liabilities.
Quick ratio0.85x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.85x(Cash + short-term investments) / current liabilities.
Debt / equity1.16xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets42.3%Total debt / total assets.
Liabilities / assets53.7%Total liabilities / total assets.
Net debt$269.4MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage1.97xOperating income / interest expense.
Working capital$7.6MCurrent assets - current liabilities.
Tangible book value$256.7MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.08xRevenue / average total assets.
Fixed asset turnover150xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted$0.33Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$0.33Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$91.9MShare price x shares outstanding.
Enterprise value$361.4MMarket cap + total debt - cash - short-term investments.
P/E8.76xMarket cap / net income. Only when net income is positive.
P/S1.83xMarket cap / revenue.
P/B0.36xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.36xMarket cap / tangible book value, when positive.
EV/Sales7.21xEnterprise value / revenue.
EV/EBIT8.82xEnterprise value / operating income, when both are positive.
Earnings yield11.4%Net income / market cap (the inverse of P/E).
Shareholder yield2.2%(Dividends paid + share buybacks) / market cap.
PEG1.56xP/E / EPS growth per year over 3 years (in percent). Only when both are positive.
What was Logistic Properties of the Americas's revenue in fiscal 2025?

Logistic Properties of the Americas reported revenue of $50.1M for fiscal 2025, 14.3% higher than the year before.

Was Logistic Properties of the Americas profitable in fiscal 2025?

Yes. Net income was $10.5M, a net margin of 20.9%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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