vs
Side-by-side financial comparison of First Foundation Inc. (FFWM) and Logistic Properties of the Americas (LPA). Click either name above to swap in a different company.
Logistic Properties of the Americas is the larger business by last-quarter revenue ($50.1M vs $48.4M, roughly 1.0× First Foundation Inc.). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -97.9%, a 130.0% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $-35.2M).
John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.
Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics clients.
FFWM vs LPA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $48.4M | $50.1M |
| Net Profit | $-8.0M | $16.1M |
| Gross Margin | — | — |
| Operating Margin | -97.5% | 81.7% |
| Net Margin | -97.9% | 32.1% |
| Revenue YoY | 421.7% | — |
| Net Profit YoY | 43.0% | — |
| EPS (diluted) | $-0.09 | $0.33 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $48.4M | $50.1M | ||
| Q3 25 | $63.6M | $32.7M | ||
| Q2 25 | $51.4M | $21.5M | ||
| Q1 25 | $71.4M | $10.5M | ||
| Q4 24 | $9.3M | — | ||
| Q3 24 | $9.2M | $19.2M | ||
| Q2 24 | $57.5M | — | ||
| Q1 24 | $51.1M | $9.2M |
| Q4 25 | $-8.0M | $16.1M | ||
| Q3 25 | $-146.3M | — | ||
| Q2 25 | $-7.7M | — | ||
| Q1 25 | $6.9M | — | ||
| Q4 24 | $-14.1M | — | ||
| Q3 24 | $-82.2M | — | ||
| Q2 24 | $3.1M | — | ||
| Q1 24 | $793.0K | — |
| Q4 25 | -97.5% | 81.7% | ||
| Q3 25 | -92.7% | — | ||
| Q2 25 | -21.1% | — | ||
| Q1 25 | 8.8% | — | ||
| Q4 24 | -247.7% | — | ||
| Q3 24 | -1276.7% | — | ||
| Q2 24 | 4.6% | — | ||
| Q1 24 | -0.2% | — |
| Q4 25 | -97.9% | 32.1% | ||
| Q3 25 | -230.1% | — | ||
| Q2 25 | -15.0% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | -152.2% | — | ||
| Q3 24 | -896.9% | — | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 1.6% | — |
| Q4 25 | $-0.09 | $0.33 | ||
| Q3 25 | $-1.78 | $0.09 | ||
| Q2 25 | $-0.09 | $-0.06 | ||
| Q1 25 | $0.08 | — | ||
| Q4 24 | $-0.24 | — | ||
| Q3 24 | $-1.23 | $-1.26 | ||
| Q2 24 | $0.05 | — | ||
| Q1 24 | $0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $27.3M |
| Total DebtLower is stronger | — | $296.8M |
| Stockholders' EquityBook value | $912.6M | $324.6M |
| Total Assets | $11.9B | $700.8M |
| Debt / EquityLower = less leverage | — | 0.91× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $27.3M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.6B | $1.1M |
| Q4 25 | — | $296.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $912.6M | $324.6M | ||
| Q3 25 | $917.9M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $933.2M | — | ||
| Q1 24 | $928.7M | — |
| Q4 25 | $11.9B | $700.8M | ||
| Q3 25 | $11.9B | — | ||
| Q2 25 | $11.6B | — | ||
| Q1 25 | $12.6B | — | ||
| Q4 24 | $12.6B | — | ||
| Q3 24 | $13.4B | — | ||
| Q2 24 | $13.7B | — | ||
| Q1 24 | $13.6B | — |
| Q4 25 | — | 0.91× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-31.9M | $21.6M |
| Free Cash FlowOCF − Capex | $-35.2M | $21.4M |
| FCF MarginFCF / Revenue | -72.8% | 42.7% |
| Capex IntensityCapex / Revenue | 6.9% | 0.3% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-45.9M | $12.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-31.9M | $21.6M | ||
| Q3 25 | $9.2M | $14.4M | ||
| Q2 25 | $-16.3M | $7.2M | ||
| Q1 25 | $-552.0K | $4.4M | ||
| Q4 24 | $-8.7M | — | ||
| Q3 24 | $14.2M | $8.3M | ||
| Q2 24 | $-9.1M | — | ||
| Q1 24 | $7.2M | $4.8M |
| Q4 25 | $-35.2M | $21.4M | ||
| Q3 25 | $8.6M | $-7.3M | ||
| Q2 25 | $-16.7M | $-3.1M | ||
| Q1 25 | $-2.5M | $966.4K | ||
| Q4 24 | $-11.4M | — | ||
| Q3 24 | $13.4M | $-2.4M | ||
| Q2 24 | $-9.4M | — | ||
| Q1 24 | $5.9M | $218.9K |
| Q4 25 | -72.8% | 42.7% | ||
| Q3 25 | 13.5% | -22.2% | ||
| Q2 25 | -32.4% | -14.4% | ||
| Q1 25 | -3.5% | 9.2% | ||
| Q4 24 | -123.5% | — | ||
| Q3 24 | 146.2% | -12.3% | ||
| Q2 24 | -16.3% | — | ||
| Q1 24 | 11.6% | 2.4% |
| Q4 25 | 6.9% | 0.3% | ||
| Q3 25 | 1.0% | 66.1% | ||
| Q2 25 | 0.8% | 47.9% | ||
| Q1 25 | 2.8% | 32.5% | ||
| Q4 24 | 29.4% | — | ||
| Q3 24 | 9.0% | 55.5% | ||
| Q2 24 | 0.4% | — | ||
| Q1 24 | 2.5% | 50.0% |
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.08× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.96× | — | ||
| Q1 24 | 9.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
