Logistic Properties of the Americas (LPA) Cash Flow Statement
Where LPA’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- $2.8M −85.7% vs 2024
- Capital expenditures
- $148,517 0.3% of revenue
- Free cash flow
- $2.6M 5.2% margin
- Returned to shareholders
- $2.0M 77% of free cash flow
- Change in cash
- −$1.4M cash at year-end $27.4M
Drawn to scale: where the cash came from and how it was used. Hover for values.
LPA operating cash flow, capex and free cash flow
LPA cash flow trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$3.8M2016 | $2.8M2025 | — | |
| Capital expenditures | $02016 | $148,5172025 | — | |
| Free cash flow | −$3.8M2016 | $2.6M2025 | — | |
| Free cash flow margin | −4,254.0%2016 | 5.2%2025 | +4,259.2 pts | |
| Operating cash flow / net income | −0.262017 | 0.262025 | +0.52 | |
| Stock-based compensation | $02022 | $2.1M2025 | — | |
| Dividends paid | $02021 | $02025 | — | |
| Share buybacks (net) | $02022 | $2.0M2025 | — | |
| Capex / revenue | 0.0%2016 | 0.3%2025 | +0.3 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LPA cash flow by activity
LPA net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
LPA cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | $10.5M | −$19.4M | $7.2M | $11.4M | $8.7M | −$6.1M | $22.0M | $12.7M | $26.2M | −$4.2M |
| Depreciation & amortization | $1.0M | $1.1M | $167,895 | $228,485 | $236,558 | $206,297 | $171,860 | $161,141 | $52,516 | $22,816 |
| Stock-based compensation | $2.1M | $2.1M | $0 | $0 | — | — | — | — | — | — |
| Change in working capital | −$2.8M | $7.3M | $3.1M | −$801,142 | −$2.6M | −$2.6M | −$667,689 | −$2.7M | −$3.1M | $519,870 |
| Other non-cash items | −$8.1M | $28.4M | $6.8M | $8.7M | $3.5M | $11.8M | −$19.4M | −$15.1M | −$29.9M | −$90,850 |
| Cash from operating activities | $2.8M | $19.4M | $17.2M | $19.6M | $9.9M | $3.3M | $2.1M | −$4.9M | −$6.8M | −$3.8M |
| Investing activities | ||||||||||
| Capital expenditures | −$148,517 | −$16.7M | −$28.5M | −$41.1M | −$48.4M | −$172,253 | $0 | $0 | $0 | $0 |
| Investments (net) | — | −$10.7M | −$23.2M | −$36.5M | −$66.9M | — | — | — | — | — |
| Acquisitions & other investing | −$21.2M | $16.7M | $28.5M | $41.1M | $48.4M | −$51.4M | −$81.6M | −$25.8M | −$34.4M | −$68.8M |
| Cash from investing activities | −$21.4M | −$10.7M | −$23.2M | −$36.5M | −$66.9M | −$51.6M | −$81.6M | −$25.8M | −$34.4M | −$68.8M |
| Financing activities | ||||||||||
| Dividends paid | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — |
| Share repurchases & issuance (net) | −$2.0M | −$1.2M | −$168.2M | $0 | — | — | — | — | — | — |
| Net borrowing (repayment) | $23.0M | $2.0M | $53.1M | $30.7M | $66.7M | — | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$4.1M | −$15.5M | $141.1M | −$15.9M | −$7.4M | $37.8M | $92.8M | $33.3M | $35.3M | $88.4M |
| Cash from financing activities | $16.9M | −$14.7M | $26.0M | $14.8M | $59.3M | $37.8M | $92.8M | $33.3M | $35.3M | $88.4M |
| Summary | ||||||||||
| Net change in cash | −$1.4M | −$6.4M | $20.3M | −$2.4M | $1.9M | −$10.7M | $13.3M | $2.4M | −$5.9M | $15.9M |
| Cash at end of period | $27.4M | $28.8M | $35.2M | $15.0M | $17.4M | $15.5M | $26.2M | $12.9M | $10.5M | $16.4M |
| Free cash flow | $2.6M | $2.7M | −$11.3M | −$21.5M | −$38.5M | $3.1M | $2.1M | −$4.9M | −$6.8M | −$3.8M |
| Free cash flow margin | 5.2% | 6.0% | −28.7% | −67.1% | −150.4% | 16.1% | 18.9% | −74.1% | −235.9% | −4,254.0% |
| Capex / revenue | 0.3% | 38.2% | 72.4% | 128.4% | 188.9% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | 0.26 | — | 2.40 | 1.71 | 1.14 | — | 0.10 | −0.39 | −0.26 | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | $14.3M | −$7.9M | $7.7M | $5.2M | −$1.1M | $1.1M | −$19.4M | $4.8M | −$34.0M | $9,827 | $9,827 | −$643,476 |
| Depreciation & amortization | $218,620 | $232,172 | $223,219 | $221,424 | $220,606 | $351,351 | $1.1M | $670,231 | $46,305 | $43,276 | $43,276 | $42,879 |
| Stock-based compensation | $477,545 | $412,577 | $423,453 | $419,135 | $879,147 | $357,186 | $365,125 | $555,323 | $1.1M | $0 | — | $0 |
| Change in working capital | −$533,120 | −$3.3M | $1.5M | −$796,030 | −$1.6M | −$1.9M | $2.2M | $2.7M | −$1.5M | $5.3M | $5.3M | $723,505 |
| Other non-cash items | −$7.1M | $5.6M | −$6.9M | $765,417 | $5.7M | $5.0M | $35.2M | −$1.6M | $35.2M | $1.0M | $1.0M | −$656,026 |
| Cash from operating activities | $7.3M | −$5.0M | $3.0M | $5.8M | $4.1M | $4.8M | $19.4M | $7.2M | $829,778 | $6.4M | $6.4M | −$533,118 |
| Investing activities | ||||||||||||
| Capital expenditures | −$3.8M | −$26,737 | −$7,868 | −$11.5M | −$6.9M | −$3.4M | −$16.7M | −$2.4M | −$5.3M | −$6.4M | −$6.4M | −$9.7M |
| Investments (net) | — | — | — | −$11.4M | −$7.2M | $508,760 | $2.6M | −$2.3M | −$6.0M | −$5.0M | −$6.8M | −$9.5M |
| Acquisitions & other investing | −$445,136 | −$5.7M | −$4.7M | $11.5M | $6.9M | $3.4M | $3.4M | $2.4M | $5.3M | $6.4M | — | $9.7M |
| Cash from investing activities | −$4.2M | −$5.7M | −$4.7M | −$11.4M | −$7.2M | $508,760 | −$10.7M | −$2.3M | −$6.0M | −$5.0M | — | −$9.5M |
| Financing activities | ||||||||||||
| Dividends paid | −$2.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Share repurchases & issuance (net) | −$670,677 | $0 | −$1 | −$2.0M | −$1.2M | −$834,099 | −$1.2M | $0 | $0 | $0 | — | — |
| Net borrowing (repayment) | $10.1M | $11.9M | $13.2M | $2.7M | $9.2M | −$2.0M | −$3.0M | −$4.8M | — | — | — | — |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | −$5.3M | −$454,411 | −$1.9M | −$2.9M | −$6.3M | −$4.5M | −$10.5M | −$16.7M | $12.7M | $4.1M | $4.1M | $550,000 |
| Cash from financing activities | $2.1M | $11.4M | $11.2M | −$2.2M | $1.7M | −$7.4M | −$14.7M | −$21.5M | $12.7M | $4.1M | $4.1M | $550,000 |
| Summary | ||||||||||||
| Net change in cash | $5.4M | $825,442 | $9.4M | −$7.6M | −$1.4M | −$1.9M | −$6.4M | −$16.8M | $7.5M | $5.4M | $5.4M | $16,882 |
| Cash at end of period | $33.6M | $28.3M | $27.4M | $18.0M | $25.6M | $27.0M | $28.8M | $31.4M | $48.2M | $40.7M | $40.7M | $41,849 |
| Free cash flow | $3.6M | −$5.0M | $3.0M | −$5.6M | −$2.8M | $1.4M | $2.4M | $4.7M | −$4.5M | −$29,982 | −$29,982 | −$10.2M |
| Free cash flow margin | 24.2% | −34.6% | 22.1% | −43.8% | −24.2% | 12.0% | 21.7% | 41.9% | −40.6% | −0.3% | −0.3% | −100.2% |
| Capex / revenue | 25.6% | 0.2% | 0.1% | 89.2% | 59.0% | 28.9% | 150.6% | 21.6% | 48.2% | 61.1% | 61.1% | 95.0% |
| Operating cash flow / net income | 0.52 | — | 0.39 | 1.12 | — | 4.56 | — | 1.48 | — | 649.11 | 649.11 | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
LPA cash generation
In fiscal 2025 (ended December 31, 2025), Logistic Properties of the Americas generated $2.8 million of cash from operations (down 85.7%) and spent $0.1 million on capital expenditures, leaving free cash flow of $2.6 million, 5.2% of revenue. It returned $2.0 million to shareholders through dividends ($0) and net share buybacks ($2.0 million). Cash and equivalents fell by $1.4 million over the year.
Related: LPA income statement, LPA balance sheet. See the LPA stock overview for the latest quote and news.
LPA cash flow FAQ
What is Logistic Properties of the Americas's free cash flow?
Logistic Properties of the Americas's free cash flow was $2.6 million in fiscal 2025: $2.8 million of operating cash flow minus $0.1 million of capital expenditures It was $2.7 million a year earlier..
How much cash does Logistic Properties of the Americas generate from operations?
Logistic Properties of the Americas generated $2.8 million of cash from operating activities in fiscal 2025, 0.26 times its net income of $10.5 million.
How much does Logistic Properties of the Americas spend on capital expenditures?
Logistic Properties of the Americas spent $0.1 million on capital expenditures in fiscal 2025, 0.3% of revenue, compared with $16.7 million the year before.
How much stock does Logistic Properties of the Americas buy back?
Logistic Properties of the Americas spent $2.0 million on net share repurchases in fiscal 2025.