← Vesta Real Estate Corporation, S.A.B. de C.V.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net Income | — | $173.9m |
$243.6m
+40.06%
|
— | — | — | $327.7m | |
| Net Income From Continuing Operations | — | $256.0m | $291.8m | — | — | — | $327.7m | |
| Profit or Loss | — | — | $243.6m | $316.6m | $223.3m | $241.9m | — | |
| Depreciation | — | $1.1m | $901k | $974k | $753k | $967k | $1.3m | |
| Right-of-use depreciation | — | $458k | $562k | $604k | $663k | $757k | — | |
| Amortization of debt issuance costs | — | $4.8m | $1.5m | $2.0m | $2.3m | $3.1m | — | |
| Depreciation Amortization Depletion | — | $1.6m | $1.5m | — | — | — | $1.3m | |
| Adjustments For Share-Based Payments | — | — | $6.7m | $8.0m | $9.0m | $12.7m | — | |
| Expense recognized in respect of share-based payments | — | $5.6m | $6.7m | $8.0m | $9.0m | $12.7m | — | |
| Change In Working Capital | — | ($927k) | ($34.0m) | — | — | — | ($67.1m) | |
| Operating lease receivables – Net | — | ($2.7m) | $1.3m | ($2.4m) | $5.4m | ($4.1m) | — | |
| Change In Receivables | — | ($7.2m) | ($9.4m) | — | — | — | ($11.5m) | |
| Accounts payable | — | ($230k) | ($1.6m) | $3k | ($8.5m) | ($787k) | ($3.0m) | |
| Change In Payables And Accrued Expense | — | $10.7m | ($11.7m) | — | — | — | ($3.0m) | |
| Accrued expenses and taxes | — | $10.9m | ($10.1m) | $1.9m | ($442k) | $643k | — | |
| Change In Accrued Expense | — | $10.9m | ($10.1m) | — | — | — | ($31.1m) | |
| Prepaid expenses and other current assets | — | ($64k) | ($17.3m) | $4.0m | $19.2m | ($2.0m) | — | |
| Change In Other Current Assets | — | $685k | $0 | — | — | — | ($685k) | |
| Cash flows from investing activities: | ||||||||
| Capital Expenditure | — | ($219k) | ($220k) | — | — | — | ($221k) | |
| Cash flows from financing activities: | ||||||||
| Proceeds From Borrowings Classified As Financing Activities | — | — | $0 | $0 | — | $650.0m | — | |
| Repayments Of Borrowings Classified As Financing Activities | — | — | $0 | $16.8m | $69.6m | $213.6m | — | |
| Costs of debt issuance | — | ($7.7m) | ($1.7m) | $0 | ($5.6m) | ($5.4m) | — | |
| Issuance Of Debt | — | $350.0m | $0 | — | — | — | ($350.0m) | |
| Long Term Debt Issuance | — | $350.0m | $0 | — | — | — | ($350.0m) | |
| Net Issuance Payments Of Debt | — | $96.9m | ($648k) | — | — | — | ($98.2m) | |
| Net Long Term Debt Issuance | — | $96.9m | ($648k) | — | — | — | ($98.2m) | |
| Long Term Debt Payments | — | ($253.1m) | ($648k) | — | — | — | $251.8m | |
| Repayment Of Debt | — | ($253.1m) | ($648k) | — | — | — | $251.8m | |
| Issuance Of Capital Stock | — | $229.2m | $0 | — | — | — | ($229.2m) | |
| Repurchase Of Capital Stock | — | $0 | ($15.6m) | — | — | — | ($31.2m) | |
| Common Stock Issuance | — | $229.2m | $0 | — | — | — | ($229.2m) | |
| Net Common Stock Issuance | — | $229.2m | ($15.6m) | — | — | — | ($260.4m) | |
| Common Stock Payments | — | $0 | ($15.6m) | — | — | — | ($31.2m) | |
| Dividends paid | — | ($55) | $57 | $60 | $65 | $70 | ($58.7m) | |
| Dividends Paid Classified As Financing Activities | — | — | $57 | $60 | $64 | $68 | ($58.7m) | |
| Cash Dividends Paid | — | ($55.4m) | ($57.0m) | — | — | — | ($58.7m) | |
| Net Other Financing Charges | — | ($13.8m) | ($1.7m) | — | — | — | $10.4m | |
| Net cash (used in) from financing activities | — | $212.5m |
($119.8m)
-156.36%
|
$444.7m
+471.29%
|
($225.9m)
-150.79%
|
$279.6m
+223.77%
|
— | |
| Net (decrease) increase in cash, cash equivalents and restricted cash | — | $332.3m | ($313.7m) | $362.0m | ($317.0m) | $152.8m | — | |
| Beginning Cash Position | — | $121.3m | $453.6m | — | — | — | $453.6m | |
| Cash, cash equivalents and restricted cash at the beginning of year | $121.3m | $453.6m | $139.9m | $501.9m | $184.9m | $337.6m | — | |
| Unrealized effect of foreign exchange rates | — | $1.1m | ($1.9m) | ($1.0m) | ($2.3m) | ($8.3m) | — | |
| Effects of exchange rate changes on cash | — | ($4.1m) | $3.1m | ($4.4m) | $5.8m | $1.7m | — | |
| Effect Of Exchange Rate Changes | — | ($4.1m) | $3.1m | — | — | — | $10.2m | |
| Additional Supplementary Disclosures | ||||||||
| Additional Supplementary Disclosures | ||||||||
| Adjustments For Income Tax Expense | — | $0 | $0 | $8.3m | $0 | $0 | — | |
| Interest expense | — | $45.5m | $44.9m | $44.3m | $41.9m | $53.1m | — | |
| Additional Financial Items | ||||||||
| Adjustments For Finance Costs | — | — | $1.5m | $2.0m | $2.3m | $3.1m | — | |
| Adjustments For Increase Decrease In Trade Account Payable | — | — | ($1.6m) | $3k | ($8.5m) | ($787k) | — | |
| Adjustments For Unrealised Foreign Exchange Losses Gains | — | — | ($1.9m) | ($1.0m) | ($2.3m) | ($8.3m) | — | |
| General And Administrative Expense | — | — | $24.4m | $31.7m | $34.2m | $35.5m | — | |
| Interest Received Classified As Operating Activities | — | $77k | $2.6m | $9.4m | $15.2m | $5.3m | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | $648k | $606k | $791k | $834k | — | |
| Payments To Acquire Or Redeem Entitys Shares | — | — | $15.6m | $0 | $44.2m | $36.4m | — | |
| Purchase Of Interests In Associates | — | — | — | — | — | $3.5m | — | |
| Profit before income taxes | — | $256.0m | $291.8m | $381.6m | $426.2m | $234.0m | — | |
| Gain on revaluation of investment properties | — | ($164.6m) | ($185.5m) | ($243.5m) | ($270.7m) | ($52.1m) | — | |
| Interest income | — | ($77k) | ($2.6m) | ($9.4m) | ($15.2m) | ($5.3m) | — | |
| Share of results of associates | — | — | — | $0 | $0 | ($12k) | — | |
| Employee benefits and pension costs | — | $0 | $348k | $1.2m | $721k | $1.4m | — | |
| Recoverable taxes | — | ($4.5m) | ($10.7m) | ($3.8m) | ($19.0m) | $5.3m | — | |
| Security deposits paid and others | — | ($7.0m) | $1.9m | ($1.1m) | $458k | $19k | — | |
| Security deposits received | — | $1.9m | $2.5m | $7.3m | $1.7m | $2.6m | — | |
| Purchases of office furniture and vehicles | — | ($219k) | ($220k) | ($2.1m) | ($597k) | ($837k) | — | |
| Investment in associates | — | — | — | $0 | $0 | ($3.5m) | — | |
| Loans obtained | — | $350.0m | $0 | $0 | $0 | $650.0m | — | |
| Loans paid | — | ($252.5m) | $0 | ($16.8m) | ($69.6m) | ($213.6m) | — | |
| Repurchase of treasury shares | — | $0 | ($15.6m) | $0 | ($44.2m) | ($36.4m) | — | |
| Equity issuance proceeds | — | $229.2m | $0 | $594.4m | $0 | $0 | — | |
| Equity issuance costs paid | — | ($6.0m) | $0 | ($27.7m) | $0 | $0 | — | |
| Payment of lease liabilities | — | ($565k) | ($648k) | ($606k) | ($791k) | ($834k) | — | |
| Cash Flow From Continuing Financing Activities | — | $212.5m | ($119.8m) | — | — | — | ($452.1m) | |
| Cash Flow From Continuing Investing Activities | — | $16.0m | ($262.2m) | — | — | — | ($540.3m) | |
| Change In Account Payable | — | ($230k) | ($1.6m) | — | — | — | ($3.0m) | |
| Change In Payable | — | ($230k) | ($1.6m) | — | — | — | ($3.0m) | |
| Change In Prepaid Assets | — | ($5.1m) | ($13.0m) | — | — | — | ($20.8m) | |
| Changes In Cash | — | $336.4m | ($316.7m) | — | — | — | ($969.9m) | |
| End Cash Position | — | $453.6m | $139.9m | — | — | — | ($516.3m) | |
| Financing Cash Flow | — | $212.5m |
($119.8m)
-156.36%
|
— | — | — | ($452.1m) | |
| Free Cash Flow | — | $107.7m | $65.0m | — | — | — | $22.3m | |
| Gain Loss On Investment Securities | — | ($178.6m) | ($190.5m) | — | — | — | ($202.4m) | |
| Interest Received CFO | — | $77k | $2.6m | — | — | — | $5.2m | |
| Investing Cash Flow | — | $16.0m | ($262.2m) | — | — | — | ($540.3m) | |
| Net Foreign Currency Exchange Gain Loss | — | $1.1m | ($1.9m) | — | — | — | ($5.0m) | |
| Net PPE Purchase And Sale | — | ($219k) | ($220k) | — | — | — | ($221k) | |
| Operating Gains Losses | — | ($177.5m) | ($192.5m) | — | — | — | ($207.4m) | |
| Other Non Cash Items | — | $50.2m | $44.1m | — | — | — | — | |
| Purchase Of PPE | — | ($219k) | ($220k) | $2.1m | $597k | $837k | ($221k) | |
| Stock Based Compensation | — | $5.6m | $6.7m | — | — | — | $7.7m | |
| Purchases of investment properties | — | ($108.4m) | ($269.2m) | ($263.1m) | ($231.1m) | ($336.9m) | — | |
| Net Investment Properties Purchase And Sale | — | $16.2m | ($261.9m) | — | — | — | ($540.0m) | |
| Purchase Of Investment Properties | — | ($108.4m) | ($269.2m) | — | — | — | ($430.1m) | |
| (Gain) loss on sale and disposal of investment properties | — | ($14.0m) | ($5.0m) | $462k | ($2.6m) | $10k | — | |
| Sale of investment properties | — | $124.6m | $7.3m | $42.1m | $5.1m | $5.5m | ($110.0m) | |
| Change In Cash Supplemental As Reported | — | $332.3m | ($313.7m) | — | — | — | — | |
| Interest Paid Classified As Financing Activities | — | ($44.5m) | $44.8m | $45.0m | $42.1m | $45.9m | — | |
| Income Taxes Paid Refund Classified As Operating Activities | — | ($27.1m) | $55.0m | $64.1m | $75.0m | $40.1m | — |