← Vesta Real Estate Corporation, S.A.B. de C.V.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Total Revenue | $160.8m |
$178.0m
+10.72%
|
$214.5m
+20.47%
|
$252.3m
+17.65%
|
$283.2m
+12.25%
|
$186.2m
-34.25%
|
|
| Revenue From Interest | $77k | $2.6m | $9.4m | $15.2m | $5.3m | — | |
| Cost Of Revenue | $10.7m |
$11.4m
+6.49%
|
— | — | — | $12.5m | |
| Gross Profit | $150.1m |
$166.6m
+11.02%
|
— | — | — | $173.8m | |
| Net Interest Income | ($50.2m) |
($43.8m)
+12.81%
|
— | — | — | ($44.4m) | |
| Selling And Marketing Expense | $872k | $1.0m | — | — | — | $24.7m | |
| General and Administrative Expense | $18.9m | $24.4m | $31.7m | $34.2m | $35.5m | $23.7m | |
| Operating expenses: | |||||||
| Property operating costs related to properties that generated rental income | ($8.5m) | ($8.9m) | ($13.5m) | ($21.2m) | ($24.1m) | — | |
| Property operating costs related to properties that did not generate rental income | ($2.2m) | ($2.5m) | ($4.8m) | ($3.3m) | ($4.2m) | — | |
| EBIT | $300.7m | $336.7m | $319.9m | ||||
| Other Non Operating Income Expenses | ($123k) | ($105k) | — | — | — | — | |
| Interest Expense | $44.7m | $44.9m | $44.3m | $41.9m | $53.1m | $46.0m | |
| Interest Expense On Lease Liabilities | — | $136k | $104k | $89k | $89k | $46.0m | |
| Interest income | $77k | $2.6m | $9.4m | $15.2m | $5.3m | $3.2m | |
| Net Non Operating Interest Income Expense | ($50.2m) | ($43.8m) | — | — | — | ($44.4m) | |
| Exchange gain (loss)- net | ($1.1m) | $1.9m | $8.9m | ($10.8m) | $10.1m | — | |
| (Loss) Gain on sale and disposal of investment properties – net | $14.0m | $5.0m | ($462k) | $2.6m | ($10k) | — | |
| Gain On Sale Of PPE | $4k | ($47k) | — | — | — | — | |
| Gain On Sale Of Security | $177.5m | $192.5m | — | — | — | $169.9m | |
| Other Income | $150k | $1.3m | $5.1m | $4.3m | $6.8m | — | |
| Other expenses | ($123k) | ($374k) | ($3.0m) | ($5.2m) | ($3.5m) | — | |
| Other Income Expense | $177.5m | $193.3m | — | — | — | $170.6m | |
| Profit before income taxes | $256.0m | $291.8m | $381.6m | $426.2m | $234.0m | — | |
| Pre-Tax Income | $256.0m | $291.8m | — | — | — | $273.9m | |
| Current Tax Expense (Income) | — | $42.0m | $92.0m | $31.9m | $56.1m | — | |
| Deferred Tax Expense (Income) | — | $6.2m | ($27.0m) | $170.9m | ($64.1m) | — | |
| Income Tax Expense Continuing Operations | $82.1m | $48.2m | $65.0m | $202.8m | ($7.9m) | $48.8m | |
| Current income tax expense | ($50.3m) | ($42.0m) | ($92.0m) | ($31.9m) | ($56.1m) | $48.8m | |
| Deferred income tax benefit (expense) | ($31.8m) | ($6.2m) | $27.0m | ($170.9m) | $64.1m | — | |
| Net Income From Continuing And Discontinued Operation | $173.9m | $243.6m | — | — | — | $225.1m | |
| Basic Earnings (Loss) Per Share | $0.27 | $0.36 | $0.42 | $0.26 | $0.28 | $4.68 | |
| Diluted Earnings (Loss) Per Share | $0.26 | $0.35 | $0.41 | $0.25 | $0.28 | $4.58 | |
| Basic Average Shares | — | $68.3m | $75.7m | $87.1m | $86.1m | $85.7m | |
| Diluted Average Shares | — | $69.4m | $76.9m | $88.3m | $86.1m | $87.8m | |
| Additional Financial Items | |||||||
| Applicable Tax Rate | — | $0 | $0 | $0 | $0 | — | |
| Average Effective Tax Rate | — | $0 | $0 | $0 | ($0) | — | |
| Profit Loss Before Tax | $256.0m | $291.8m | $381.6m | $426.2m | $234.0m | — | |
| Tax Rate Effect Of Foreign Tax Rates | — | ($0) | ($0) | $0 | ($0) | — | |
| Rental income | $160.7m | $178.0m | $213.4m | $252.0m | $283.2m | — | |
| Management fees | $88k | $0 | $1.0m | $377k | $31k | — | |
| Share of results of associates | — | — | $0 | $0 | $12k | — | |
| Gain on revaluation of investment properties | $164.6m | $185.5m | $243.5m | $270.7m | $52.1m | — | |
| Profit for the year | $173.9m | $243.6m | $316.6m | $223.3m | $241.9m | — | |
| Exchange differences on translating other functional currency operations | ($4.8m) | $8.9m | $7.9m | ($13.2m) | $1.8m | — | |
| Depreciation Amortization Depletion Income Statement | $1.6m | $1.5m | — | — | — | $1.5m | |
| Depreciation And Amortization In Income Statement | $1.6m | $1.5m | — | — | — | $1.5m | |
| Depreciation Income Statement | $1.6m | $1.5m | — | — | — | $1.5m | |
| Diluted EPS | — | $3.51 | $4.12 | $2.53 | $2.81 | $4.58 | |
| Diluted NI Availto Com Stockholders | $173.9m | $243.6m | — | — | — | $225.1m | |
| Normalized EBITDA | $124.7m | $144.8m | — | — | — | $321.4m | |
| Normalized Income | $53.3m | $82.2m | — | — | — | $84.8m | |
| Other Gand A | $7.2m | $8.4m | — | — | — | — | |
| Other Special Charges | ($103k) | ($963k) | — | — | — | — | |
| Other Taxes | ($44k) | ($145k) | — | — | — | — | |
| Reconciled Depreciation | $1.6m | $1.5m | — | — | — | $1.5m | |
| Salaries And Wages | $11.7m | $13.5m | — | — | — | $13.8m | |
| Selling General And Administration | $19.8m | $23.0m | — | — | — | — | |
| Special Income Charges | $106k | $916k | — | — | — | — | |
| Tax Effect Of Unusual Items | $57.0m | $32.0m | — | — | — | $30.4m | |
| Tax Provision | $82.1m | $48.2m | — | — | — | $48.8m | |
| Tax Rate For Calcs | $0 | $0 | — | — | — | $0 | |
| Administrative Expense | — | $16.3m | $22.1m | $23.8m | $24.1m | — | |
| Expense From Share-Based Payment Transactions With Employees | — | — | — | — | $9.1m | — | |
| Finance Costs | $50.3m | $46.4m | $46.3m | $44.3m | $56.2m | — | |
| Professional Fees Expense | — | $972k | $2.4m | $2.3m | $2.3m | — | |
| Operating Expense | $21.4m | $24.3m | — | — | — | $38.5m | |
| Total other comprehensive income (loss) | ($2.0m) | $8.9m | $7.9m | ($13.2m) | $1.8m | — | |
| Total comprehensive income for the year | $172.0m | $252.5m | $324.5m | $210.2m | $243.7m | — | |
| Total Unusual Items | $177.6m | $193.4m | — | — | — | $170.8m | |
| Total Expenses | $32.1m | $35.7m | — | — | — | $38.5m | |
| Total Other Finance Cost | $5.6m | $1.5m | — | — | — | $1.6m |