LPA on NYSE
Logistic Properties of the Americas
Logistic Properties of the Americas is a real estate company, listed on NYSE (LPA).1
Price unavailable
Last updated Oct 20, 2026.
Overview
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- TickerLPA on NYSE1
- IndustryReal Estate1
- Business addressConyers Trust Company (Cayman) Limited, Cricket Square Hutchins Dr Po Box 2681, Grand Cayman, Ky1-11113
- Filer categoryNon-accelerated filer, Emerging growth company3
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Logistic Properties of the Americas was incorporated as an exempted company with limited liability under the laws of the Cayman Islands on October 9, 2023. The mailing address of the Company’s registered office is c/o Conyers Trust Company (Cayman) Limited, Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands and its telephone number is +506 2204-7020. The Company’s principal executive office address is 1395 Brickell Avenue, Suite 800, Miami, FL 33131 and its chief administrative office is located at Plaza Tempo, Edificio B, Oficina B1, Piso 2, San Rafael de Escazú, San José, Costa Rica.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs7¢$3.4M
- Interest42¢$21.0M
- Income tax19¢$9.6M
- Profit32¢$16.1M
Out of $50.1M in revenue.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Rental revenue | $49.1M | $43.6M | $39.3M |
| Other revenue | $1.0M | $281.0K | $108.6K |
| Total revenues | $50.1M | $43.9M | $39.4M |
| Investment property operating expense | -$8.1M | -$7.0M | -$5.1M |
| General and administrative expense | -$16.7M | -$15.6M | -$8.5M |
| Listing expense | $0 | -$44.5M | $0 |
| Investment property valuation gain | $20.6M | $32.3M | $20.2M |
| Interest income from affiliates | $0 | $302.8K | $664.2K |
| Financing costs | -$20.8M | -$22.6M | -$31.1M |
| Net foreign currency gain (loss) | $519.8K | -$104.1K | $284.7K |
| Gain on sale of investment properties | $0 | $0 | $1.2M |
| Gain on disposition of asset held for sale | $0 | $0 | $1.0M |
| Other income | $1.1M | $12.6M | $307.8K |
| Other expenses | -$937.7K | -$9.2M | -$6.1M |
| Profit (loss) before taxes | $25.7M | -$9.9M | $12.1M |
| INCOME TAX EXPENSE | -$9.6M | -$9.6M | -$5.0M |
| Translation gain (loss) from functional currency to reporting currency | $17.1M | -$13.0M | $18.4M |
| Owners of the Company | $10.5M | -$29.3M | $3.1M |
| Non-controlling interests | $5.6M | $9.9M | $4.0M |
| PROFIT (LOSS) FOR THE YEAR | $16.1M | -$19.4M | $7.2M |
| Owners of the Company | $27.6M | -$42.3M | $21.5M |
| Non-controlling interests | $5.6M | $9.9M | $4.0M |
| TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE YEAR | $33.2M | -$32.4M | $25.5M |
| Weighted average number of shares - basic (in shares) | 31.6M shares | 31.0M shares | 28.6M shares |
| Weighted average number of shares - diluted (in shares) | 31.7M shares | 31.0M shares | 28.6M shares |
| Earnings (Loss) per share attributable to owners of the Company - basic (in dollars per share) | $0.33 | -$0.94 | $0.11 |
| Earnings (Loss) per share attributable to owners of the Company - diluted (in dollars per share) | $0.33 | -$0.94 | $0.11 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2024-03-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $27.3M | $28.8M | $1.1M | $35.2M | $15.0M |
| Lease and other receivables, net | $4.1M | $2.6M | |||
| Receivables from the sale of investment properties - short term | $0 | $3.6M | |||
| Prepaid construction costs | $125.1K | $165.8K | |||
| Restricted cash equivalents - short term | $105.0K | $0 | |||
| Prepaid income taxes | $1.2M | $2.0M | |||
| Other current assets | $6.7M | $2.8M | |||
| Total current assets | $39.6M | $40.0M | |||
| Investment properties | $649.8M | $554.5M | $514.2M | $449.0M | |
| Tenant notes receivable - long term, net | $1.4M | $1.7M | |||
| Restricted cash equivalents - long term | $6.6M | $5.8M | |||
| Property and equipment, net | $355.3K | $313.2K | |||
| Deferred tax asset | $179.5K | $242.0K | |||
| Other non-current assets | $2.8M | $4.4M | |||
| Total non-current assets | $661.2M | $567.0M | |||
| TOTAL ASSETS | $700.8M | $607.0M | |||
| Accounts payable and accrued expenses | $11.7M | $8.4M | |||
| Income tax payable | $7.1M | $2.8M | |||
| Retainage payable | $2.6M | $1.5M | |||
| Long term debt current portion | $10.3M | $12.6M | |||
| Security deposits | $112.6K | $167.0K | |||
| Lease liability current portion | $131.6K | $458.1K | |||
| Other current liabilities | $90.8K | $640.9K | |||
| Total current liabilities | $32.0M | $26.5M | |||
| Long term debt | $285.1M | $253.2M | |||
| Deferred tax liability | $42.8M | $40.1M | |||
| Security deposits | $3.0M | $2.4M | |||
| Lease liability | $13.2M | $13.0M | |||
| Other non-current liabilities | $178.2K | $890.4K | |||
| Total non-current liabilities | $344.2M | $309.7M | |||
| TOTAL LIABILITIES | $376.2M | $336.2M | |||
| Ordinary shares | $3.2K | $3.2K | |||
| Additional paid-in capital | $219.2M | $218.3M | |||
| Retained earnings | $49.1M | $38.6M | |||
| Treasury shares, at cost | -$2.0M | -$1.2M | |||
| Foreign currency translation reserve | -$9.6M | -$26.7M | |||
| Equity attributable to owners of the Company | $256.7M | $229.0M | |||
| Non-controlling interests | $67.9M | $41.8M | |||
| Total equity | $324.6M | $270.8M | $260.9M | $234.1M | |
| TOTAL LIABILITIES AND EQUITY | $700.8M | $607.0M |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-03-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $27.3M | $28.8M | $1.1M | $35.2M | $15.0M |
| Lease and other receivables, net | $4.1M | $2.6M | |||
| Receivables from the sale of investment properties - short term | $0 | $3.6M | |||
| Prepaid construction costs | $125.1K | $165.8K | |||
| Restricted cash equivalents - short term | $105.0K | $0 | |||
| Prepaid income taxes | $1.2M | $2.0M | |||
| Other current assets | $6.7M | $2.8M | |||
| Total current assets | $39.6M | $40.0M | |||
| Investment properties | $649.8M | $554.5M | $514.2M | $449.0M | |
| Tenant notes receivable - long term, net | $1.4M | $1.7M | |||
| Restricted cash equivalents - long term | $6.6M | $5.8M | |||
| Property and equipment, net | $355.3K | $313.2K | |||
| Deferred tax asset | $179.5K | $242.0K | |||
| Other non-current assets | $2.8M | $4.4M | |||
| Total non-current assets | $661.2M | $567.0M | |||
| TOTAL ASSETS | $700.8M | $607.0M | |||
| Accounts payable and accrued expenses | $11.7M | $8.4M | |||
| Income tax payable | $7.1M | $2.8M | |||
| Retainage payable | $2.6M | $1.5M | |||
| Long term debt current portion | $10.3M | $12.6M | |||
| Security deposits | $112.6K | $167.0K | |||
| Lease liability current portion | $131.6K | $458.1K | |||
| Other current liabilities | $90.8K | $640.9K | |||
| Total current liabilities | $32.0M | $26.5M | |||
| Long term debt | $285.1M | $253.2M | |||
| Deferred tax liability | $42.8M | $40.1M | |||
| Security deposits | $3.0M | $2.4M | |||
| Lease liability | $13.2M | $13.0M | |||
| Other non-current liabilities | $178.2K | $890.4K | |||
| Total non-current liabilities | $344.2M | $309.7M | |||
| TOTAL LIABILITIES | $376.2M | $336.2M | |||
| Ordinary shares | $3.2K | $3.2K | |||
| Additional paid-in capital | $219.2M | $218.3M | |||
| Retained earnings | $49.1M | $38.6M | |||
| Treasury shares, at cost | -$2.0M | -$1.2M | |||
| Foreign currency translation reserve | -$9.6M | -$26.7M | |||
| Equity attributable to owners of the Company | $256.7M | $229.0M | |||
| Non-controlling interests | $67.9M | $41.8M | |||
| Total equity | $324.6M | $270.8M | $260.9M | $234.1M | |
| TOTAL LIABILITIES AND EQUITY | $700.8M | $607.0M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Profit (loss) for the year | $16.1M | -$19.4M | $7.2M |
| Share-based payments | $2.1M | $2.1M | $0 |
| Depreciation and amortization | $1.0M | $1.1M | $167.9K |
| Expected credit losses adjustments | $278.7K | -$75.2K | -$87.7K |
| Net foreign currency gain | -$73.8K | -$65.2K | -$507.2K |
| Investment property valuation gain | -$20.6M | -$32.3M | -$20.2M |
| Financing costs | $21.2M | $22.9M | $31.1M |
| Gain on sale of investment properties | $0 | $0 | -$1.2M |
| Loss on disposition of property and equipment | $0 | $0 | $83.4K |
| Gain on disposition of asset held for sale | $0 | $0 | -$1.0M |
| Straight-line rent | -$683.7K | -$776.5K | -$1.0M |
| Interest income | -$67.1K | -$701.2K | -$99.0K |
| Interest income from affiliates | $0 | -$302.8K | -$664.2K |
| Income from lock-up release (net), classified as financing cash flow | $0 | -$9.2M | $0 |
| Listing expense | $0 | $44.5M | $0 |
| Income tax expense | $9.6M | $9.6M | $5.0M |
| Lease and other receivables, net | -$349.7K | $198.1K | -$1.2M |
| Other current assets and other assets | -$4.4M | -$1.2M | -$1.4M |
| Accounts payable and accrued expenses | -$3.7M | $7.3M | $5.0M |
| Security deposits | $502.3K | $445.9K | $454.6K |
| Retainage payable | $1.1M | -$237.1K | -$1.1M |
| Income tax payable | $4.4M | $739.5K | $1.4M |
| Other current liabilities and other liabilities | -$260.0K | $0 | $0 |
| Income tax paid | -$4.5M | -$5.1M | -$4.6M |
| Net cash generated by operating activities | $21.6M | $19.4M | $17.2M |
| Capital expenditure on investment properties | -$28.7M | -$16.7M | -$28.4M |
| Purchase of property and equipment | -$148.5K | -$71.1K | -$126.5K |
| Proceeds from sale of investment properties | $3.9M | $4.5M | $4.4M |
| Loans to tenants for leasehold improvement | $0 | $0 | -$389.7K |
| Repayments on loans to tenants | $464.9K | $4.6M | $775.3K |
| Restricted cash equivalents | -$581.2K | -$3.2M | $571.8K |
| Net cash used in investing activities | -$25.1M | -$10.7M | -$23.2M |
| Long term debt borrowing | $36.5M | $13.1M | $205.7M |
| Long term debt repayment | -$13.2M | -$10.9M | -$152.5M |
| Payment related to tax on restricted stock units | -$133.2K | $0 | $0 |
| Cash paid for raising debt | -$460.7K | -$115.3K | -$1.2M |
| Debt extinguishment cost paid | $0 | $0 | -$2.5M |
| Interest and commitment fees paid | -$18.8M | -$22.0M | -$24.9M |
| Purchase of treasury shares | -$2.0M | -$1.2M | $0 |
| Proceeds from contributions of non-controlling interests | $3.7M | $3.3M | $5.9M |
| Distributions to non-controlling interests | -$3.2M | -$9.6M | -$4.5M |
| Proceeds from Business Combination, net of transaction costs paid | $0 | $3.7M | $0 |
| Proceeds from lock-up release, net of transaction costs paid | $0 | $9.2M | $0 |
| Share issuance costs | -$368.6K | $0 | $0 |
| Repayment of lease liabilities | -$263.6K | -$145.5K | -$50.1K |
| Net cash provided by (used in) financing activities | $1.8M | -$14.7M | $26.0M |
| Effects of exchange rate fluctuations on cash held | $224.9K | -$381.1K | $277.5K |
| Net (decrease) increase in cash and cash equivalents | -$1.5M | -$6.4M | $20.3M |
| Forgiveness of loan receivable from Latam Logistic Investments, LLC (LLI) | $0 | -$9.8M | $0 |
| Assumption of net liabilities from TWOA as a result of the Business Combination | $0 | $3.9M | $0 |
| Issuance of shares to service providers | $300.0K | $1.1M | $0 |
| Noncash distributions to non-controlling partners | $0 | -$380.9K | $2.2K |
| Increase in accrued payables for investment properties | $2.8M | $508.6K | $2.1M |
| Settlement of long-term debt | $0 | $0 | -$8.3M |
| Receivables from the sale of investment properties | $0 | $0 | $7.6M |
| Decrease in lease liability due to lease modification | $1.0M | $0 | $0 |
| New lease liabilities in exchange for lease right-of-use assets | $10.0M | $2.6M | |
| Retirement of treasury shares | $1.2M | $0 | $0 |
No quarter-by-quarter statement was filed.
Compare Logistic Properties of the Americas with another company
Corporate structure
Logistic Properties of the Americas sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Logistic Properties of the Americas
- HC PropTech Partners III LLC Filed SC 13G on Logistic Properties of the Americas, latest Apr 3, 2024
- Thomas McDonald Filed SC 13D on Logistic Properties of the Americas, latest Apr 3, 2024
- Logistic Properties of the Americas
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Logistic Properties of the Americas reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $355.3K2 Dec 31, 2025 | $313.2K2 Dec 31, 2024 | +13.4% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Real estate investments, net | $649.8M2 Dec 31, 2025 | $554.5M2 Dec 31, 2024 | +17.2% |
Investments
Leadership
Who has led Logistic Properties of the Americas, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerEsteban Saldarriaga Mar 18, 2026 to now7
- Chief financial officerJames Paul Smith-Marquez Mar 18, 2026 to now8
- Chief operating officerPagan Annette Fernandez Mar 18, 2026 to now9
Board members and other officers (10)
- Country Manager PeruAlvaro Alejandro Chinchayan Mar 11, 2026 to now10
- Colombia Country ManagerBerdejo Guillermo Jose Zarco Mar 18, 2026 to now11
- Costa Rica Country ManagerLuis Carlos Conejo-Vargas Mar 25, 2026 to now12
- Mexico Country ManagerLopez Jorge Eduardo Nakash Apr 7, 2026 to now13
- Board memberDiego Durruty Mar 18, 2026 to now14
- Board memberJavier Marquina Mar 18, 2026 to now15
- Board memberMauricio Salgar Mar 18, 2026 to now16
- Board memberSaldana Gloria Canales Mar 18, 2026 to now17
- Board memberFrancoise Lavertu Mar 23, 2026 to now18
- Board memberPablo Ottado Sep 18, 2026 to now19
Timeline
- Mar 18, 2026New chief executive Esteban Saldarriaga becomes CEO7
Calendar
Coming up
- Nov 11, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.15 a share, on Nov 12, 2025.20
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
145 filings to the SEC since October 2021: 5 annual reports, 27 insider forms, 2 large holders, 111 other. The latest 20:
- Oct 5, 20266-K EDGAR
- Sep 30, 20266-K EDGAR
- Sep 21, 20266-K EDGAR
- Sep 18, 20263 EDGAR
- Sep 18, 20264 EDGAR
- Sep 16, 20266-K EDGAR
- Sep 14, 20266-K EDGAR
- Sep 11, 20266-K EDGAR
- Sep 4, 20264 EDGAR
- Aug 26, 20264 EDGAR
- Aug 24, 2026144 EDGAR
- Aug 12, 20266-K EDGAR
- Aug 12, 20266-K EDGAR
- Aug 11, 20266-K EDGAR
- Aug 4, 20266-K EDGAR
- Jul 29, 20266-K EDGAR
- Jun 17, 20266-K EDGAR
- Jun 8, 20266-K EDGAR
- May 26, 20266-K EDGAR
- May 22, 20264 EDGAR
The 145 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
5 open-market trades by officers, directors and large owners since October 2021: 0 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Marquina JavierDirector | Sale | 1,760 | $3.08 | $5.4K | Form 4 |
| Sep 1, 2026 | Marquina JavierDirector | Sale | 1,800 | $3.09 | $5.6K | Form 4 |
| Aug 26, 2026 | McDonald ThomasDirector | Sale | 1,821 | $3.25 | $5.9K | Form 4 |
| Aug 25, 2026 | McDonald ThomasDirector | Sale | 400 | $3.25 | $1.3K | Form 4 |
| Aug 24, 2026 | McDonald ThomasDirector | Sale | 2,955 | $3.26 | $9.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- HC PropTech Partners III LLCSC 13G, 1 filing Apr 3, 202421
- Thomas McDonaldSC 13D, 1 filing Apr 3, 202422
SEC filer profile
How Logistic Properties of the Americas is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLogistic Properties of the Americas1
- CIK0001997711
- Employer ID (EIN)98-17851981
- Filer statusNon-accelerated filer an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)6500 Real Estate1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business addressConyers Trust Company (Cayman) Limited, Cricket Square Hutchins Dr Po Box 2681, Grand Cayman, Grand Cayman KY1-1111, Cayman Islands1
- Phone506-2204-70201
- Shares outstanding31,617,815 shares as of Dec 31, 20254
- AuditorDeloitte & Touche, S.A, an independent registered public accounting firm PCAOB ID 1108; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceOct 19, 20231
- Filings145 in all: 6-K (68), 3 (15), 4 (12), CORRESP (7), UPLOAD (6), 424B3 (5), 425 (5), 20-F (4)1
All 24 form types
EFFECT (4), F-4/A (3), 6-K/A (2), F-3 (2), 144 (1), 20-F/A (1), 8-A12B (1), CERT (1), DRS (1), DRSLTR (1), F-1 (1), F-1/A (1), F-4 (1), S-8 (1), SC 13D (1), SC 13G (1)
- Latest filingsAnnual report (20-F) Mar 18, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares, par value $.0001 per share | LPA | NYSE American |
From the cover page of the 20-F filed Mar 18, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14SEC EDGARDiego Durruty, Board member
- 15SEC EDGARJavier Marquina, Board member
- 16SEC EDGARMauricio Salgar, Board member
- 17SEC EDGARSaldana Gloria Canales, Board member
- 18SEC EDGARFrancoise Lavertu, Board member
- 19SEC EDGARPablo Ottado, Board member
- 20NasdaqNasdaq calendar
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- 22