Logistic Properties Financials

LPA

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Logistic Properties (LPA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LPA FY2025 2026-04-22

An asset-heavy balance sheet is expanding faster than revenue, so returns on assets stay modest even when earnings rebound.

The jump from a -$19.4M loss in FY2024 to a $16.1M profit in FY2025 looks dramatic. Yet ROA only returned to 2.3% on a larger $700.8M asset base. With revenue up from $32.0M in FY2022 to $50.1M in FY2025, that pattern suggests scale is being added faster than asset productivity rather than a step-change in underlying returns.

FY2025 ended with just $13.2M of long-term debt against $324.6M of equity, so leverage is not doing the heavy lifting. Because interest expense was only $6K, the earnings volatility is coming mainly from how the assets are performing, not from a debt-sensitive capital structure.

Reported capital expenditures were only $149K in FY2025 even as investing cash flow was -$25.1M, and a similar gap showed up in earlier years. That means balance-sheet expansion is happening through broader investment activity rather than through large recurring maintenance spend, which helps explain why assets can climb much faster than reported capex.

Financial Health Signals

Financial Profile 31/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Logistic Properties's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Logistic Properties's revenue grew 14.3% year-over-year to $50.1M, a solid pace of expansion. This earns a growth score of 55/100.

Leverage

100

Logistic Properties carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Logistic Properties's current ratio of 1.24 is below the typical benchmark, resulting in a score of 20/100. However, the company holds substantial cash reserves (85% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.

Returns

Logistic Properties generates a 5.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 13/100. This is up from -7.2% the prior year.

Piotroski F-Score Weak

3/9

Logistic Properties passes 3 of 9 financial strength tests. All 2 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Key Financial Metrics

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Earnings & Revenue

Revenue

$50.1M

YoY+14.3%

Logistic Properties generated $50.1M in revenue in fiscal year 2025. This represents an increase of 14.3% from the prior year.

EBITDA

N/A

Net Income

$16.1M

YoY+182.9%

Logistic Properties reported $16.1M in net income in fiscal year 2025. This represents an increase of 182.9% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$27.3M

YoY-5.2%

Logistic Properties held $27.3M in cash against $13.2M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

32M

Logistic Properties had 32M shares outstanding in fiscal year 2025.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

32.1%

YoY+76.4pp

Logistic Properties's net profit margin was 32.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 76.4 percentage points from the prior year.

Return on Equity

5.0%

YoY+12.1pp

Logistic Properties's ROE was 5.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 12.1 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$2.0M

YoY+63.4%

Logistic Properties spent $2.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 63.4% from the prior year.

Capital Expenditures

$149K

YoY+109.0%

Logistic Properties invested $149K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 109.0% from the prior year.

LPA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21
Revenue	$50.1M+14.3%	$43.9M+11.2%	$39.4M+23.3%	$32.0M+25.0%	$25.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	$6K-40.1%	$11K-7.1%	$12K-12.9%	$13K-12.4%	$15K
Income Tax	$9.6M+0.8%	$9.6M+92.0%	$5.0M+122.7%	$2.2M-74.5%	$8.8M
Net Income	$16.1M+182.9%	-$19.4M-371.5%	$7.2M-37.5%	$11.4M+32.0%	$8.7M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A

LPA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21
Total Assets	$700.8M+15.4%	$607.0M+2.7%	$590.8M+18.7%	$497.6M	N/A
Current Assets	$39.6M-1.0%	$40.0M-32.1%	$58.9M+76.9%	$33.3M	N/A
Cash & Equivalents	$27.3M-5.2%	$28.8M-18.2%	$35.2M+135.1%	$15.0M-13.7%	$17.4M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$376.2M+11.9%	$336.2M+1.9%	$329.9M+25.2%	$263.6M	N/A
Current Liabilities	$32.0M+20.6%	$26.5M-23.2%	$34.6M-72.5%	$125.7M	N/A
Long-Term Debt	$13.2M+1.4%	$13.0M+341.7%	$2.9M+3216.2%	$89K	N/A
Total Equity	$324.6M+19.9%	$270.8M+3.8%	$260.9M+11.5%	$234.1M-1.5%	$237.5M
Retained Earnings	$49.1M+27.2%	$38.6M-43.1%	$67.9M+4.8%	$64.7M	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22
Total Assets	$700.8M+15.4%	$607.0M+2.7%	$590.8M+18.7%	$497.6M
Current Assets	$39.6M-1.0%	$40.0M-32.1%	$58.9M+76.9%	$33.3M
Cash & Equivalents	$27.3M-5.2%	$28.8M-18.2%	$35.2M+135.1%	$15.0M
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$376.2M+11.9%	$336.2M+1.9%	$329.9M+25.2%	$263.6M
Current Liabilities	$32.0M+20.6%	$26.5M-23.2%	$34.6M-72.5%	$125.7M
Long-Term Debt	$13.2M+1.4%	$13.0M+341.7%	$2.9M+3216.2%	$89K
Total Equity	$324.6M+19.9%	$270.8M+3.8%	$260.9M+11.5%	$234.1M
Retained Earnings	$49.1M+27.2%	$38.6M-43.1%	$67.9M+4.8%	$64.7M

LPA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$149K+109.0%	$71K-43.8%	$126K+42.9%	$88K-9.4%	$98K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$25.1M-133.8%	-$10.7M+53.7%	-$23.2M+36.4%	-$36.5M+45.4%	-$66.9M
Financing Cash Flow	$1.8M+112.3%	-$14.7M-156.6%	$26.0M+75.5%	$14.8M-75.0%	$59.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$2.0M+63.4%	$1.2M	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22
Operating Cash Flow	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A

LPA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	32.1%+76.4pp	-44.3%-62.4pp	18.1%-17.6pp	35.8%+1.9pp	33.9%
Return on Equity	5.0%+12.1pp	-7.2%-9.9pp	2.7%-2.1pp	4.9%+1.2pp	3.6%
Return on Assets	2.3%+5.5pp	-3.2%-4.4pp	1.2%-1.1pp	2.3%	N/A
Current Ratio	1.24-0.3	1.51-0.2	1.70+1.4	0.27	N/A
Debt-to-Equity	0.040.0	0.05+0.0	0.01+0.0	0.00	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q4'24	Q4'23	Q4'22
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A
Current Ratio	1.24-0.3	1.51-0.2	1.70+1.4	0.27
Debt-to-Equity	0.040.0	0.05+0.0	0.01+0.0	0.00
FCF Margin	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Logistic Properties's annual revenue?

Logistic Properties (LPA) reported $50.1M in total revenue for fiscal year 2025. This represents a 14.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Logistic Properties's revenue growing?

Logistic Properties (LPA) revenue grew by 14.3% year-over-year, from $43.9M to $50.1M in fiscal year 2025.

Is Logistic Properties profitable?

Yes, Logistic Properties (LPA) reported a net income of $16.1M in fiscal year 2025, with a net profit margin of 32.1%.

How much debt does Logistic Properties have?

As of fiscal year 2025, Logistic Properties (LPA) had $27.3M in cash and equivalents against $13.2M in long-term debt.

What is Logistic Properties's net profit margin?

Logistic Properties (LPA) had a net profit margin of 32.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Logistic Properties's return on equity (ROE)?

Logistic Properties (LPA) has a return on equity of 5.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What are Logistic Properties's total assets?

Logistic Properties (LPA) had $700.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Logistic Properties's capital expenditures?

Logistic Properties (LPA) invested $149K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Logistic Properties buy back shares?

Yes, Logistic Properties (LPA) spent $2.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Logistic Properties have outstanding?

Logistic Properties (LPA) had 32M shares outstanding as of fiscal year 2025.

What is Logistic Properties's current ratio?

Logistic Properties (LPA) had a current ratio of 1.24 as of fiscal year 2025, which is considered adequate.

What is Logistic Properties's debt-to-equity ratio?

Logistic Properties (LPA) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Logistic Properties's return on assets (ROA)?

Logistic Properties (LPA) had a return on assets of 2.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Logistic Properties's Piotroski F-Score?

Logistic Properties (LPA) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

How financially healthy is Logistic Properties?

Logistic Properties (LPA) scores 31 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.