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Side-by-side financial comparison of iQSTEL Inc (IQST) and Logistic Properties of the Americas (LPA). Click either name above to swap in a different company.
iQSTEL Inc is the larger business by last-quarter revenue ($84.2M vs $50.1M, roughly 1.7× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -3.2%, a 35.3% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $-1.2M).
iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.
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.
IQST vs LPA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $84.2M | $50.1M |
| Net Profit | $-2.7M | $16.1M |
| Gross Margin | 3.5% | — |
| Operating Margin | -2.9% | 81.7% |
| Net Margin | -3.2% | 32.1% |
| Revenue YoY | -14.9% | — |
| Net Profit YoY | -44.5% | — |
| EPS (diluted) | $-0.92 | $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 | $84.2M | $50.1M | ||
| Q3 25 | $102.9M | $32.7M | ||
| Q2 25 | $72.2M | $21.5M | ||
| Q1 25 | $57.6M | $10.5M | ||
| Q4 24 | $98.9M | — | ||
| Q3 24 | $54.2M | $19.2M | ||
| Q2 24 | $78.6M | — | ||
| Q1 24 | $51.4M | $9.2M |
| Q4 25 | $-2.7M | $16.1M | ||
| Q3 25 | $-2.3M | — | ||
| Q2 25 | $-2.3M | — | ||
| Q1 25 | $-1.1M | — | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | $-773.0K | — | ||
| Q2 24 | $-2.0M | — | ||
| Q1 24 | $-580.2K | — |
| Q4 25 | 3.5% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | -2.9% | 81.7% | ||
| Q3 25 | -0.5% | — | ||
| Q2 25 | -0.9% | — | ||
| Q1 25 | -1.0% | — | ||
| Q4 24 | -0.3% | — | ||
| Q3 24 | -0.1% | — | ||
| Q2 24 | -0.4% | — | ||
| Q1 24 | -0.4% | — |
| Q4 25 | -3.2% | 32.1% | ||
| Q3 25 | -2.3% | — | ||
| Q2 25 | -3.3% | — | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | -1.9% | — | ||
| Q3 24 | -1.4% | — | ||
| Q2 24 | -2.5% | — | ||
| Q1 24 | -1.1% | — |
| Q4 25 | $-0.92 | $0.33 | ||
| Q3 25 | $-0.68 | $0.09 | ||
| Q2 25 | $-0.82 | $-0.06 | ||
| Q1 25 | $-0.44 | — | ||
| Q4 24 | $-1.19 | — | ||
| Q3 24 | $-0.40 | $-1.26 | ||
| Q2 24 | $-0.90 | — | ||
| Q1 24 | $-0.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.2M | $27.3M |
| Total DebtLower is stronger | $4.1M | $296.8M |
| Stockholders' EquityBook value | $16.3M | $324.6M |
| Total Assets | $51.1M | $700.8M |
| Debt / EquityLower = less leverage | 0.25× | 0.91× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $27.3M | ||
| Q3 25 | $2.3M | — | ||
| Q2 25 | $2.0M | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $2.1M | — | ||
| Q2 24 | $797.2K | — | ||
| Q1 24 | $2.7M | $1.1M |
| Q4 25 | $4.1M | $296.8M | ||
| Q3 25 | $2.7M | — | ||
| Q2 25 | $4.5M | — | ||
| Q1 25 | $3.5M | — | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $3.2M | — | ||
| Q2 24 | $2.5M | — | ||
| Q1 24 | $194.0K | — |
| Q4 25 | $16.3M | $324.6M | ||
| Q3 25 | $17.9M | — | ||
| Q2 25 | $14.3M | — | ||
| Q1 25 | $11.6M | — | ||
| Q4 24 | $11.9M | — | ||
| Q3 24 | $8.1M | — | ||
| Q2 24 | $7.6M | — | ||
| Q1 24 | $8.4M | — |
| Q4 25 | $51.1M | $700.8M | ||
| Q3 25 | $46.9M | — | ||
| Q2 25 | $51.4M | — | ||
| Q1 25 | $42.0M | — | ||
| Q4 24 | $79.0M | — | ||
| Q3 24 | $32.4M | — | ||
| Q2 24 | $30.0M | — | ||
| Q1 24 | $22.1M | — |
| Q4 25 | 0.25× | 0.91× | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.31× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.02× | — |
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 | $-1.2M | $21.6M |
| Free Cash FlowOCF − Capex | $-1.2M | $21.4M |
| FCF MarginFCF / Revenue | -1.5% | 42.7% |
| Capex IntensityCapex / Revenue | 0.0% | 0.3% |
| Cash ConversionOCF / Net Profit | — | 1.34× |
| TTM Free Cash FlowTrailing 4 quarters | $-4.0M | $12.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $21.6M | ||
| Q3 25 | $-953.0K | $14.4M | ||
| Q2 25 | $257.7K | $7.2M | ||
| Q1 25 | $-1.9M | $4.4M | ||
| Q4 24 | $-403.7K | — | ||
| Q3 24 | $625.0K | $8.3M | ||
| Q2 24 | $-2.6M | — | ||
| Q1 24 | $-536.9K | $4.8M |
| Q4 25 | $-1.2M | $21.4M | ||
| Q3 25 | $-969.2K | $-7.3M | ||
| Q2 25 | $211.7K | $-3.1M | ||
| Q1 25 | $-2.0M | $966.4K | ||
| Q4 24 | $-421.3K | — | ||
| Q3 24 | $594.5K | $-2.4M | ||
| Q2 24 | $-2.6M | — | ||
| Q1 24 | $-608.5K | $218.9K |
| Q4 25 | -1.5% | 42.7% | ||
| Q3 25 | -0.9% | -22.2% | ||
| Q2 25 | 0.3% | -14.4% | ||
| Q1 25 | -3.4% | 9.2% | ||
| Q4 24 | -0.4% | — | ||
| Q3 24 | 1.1% | -12.3% | ||
| Q2 24 | -3.4% | — | ||
| Q1 24 | -1.2% | 2.4% |
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.0% | 66.1% | ||
| Q2 25 | 0.1% | 47.9% | ||
| Q1 25 | 0.1% | 32.5% | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.1% | 55.5% | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.1% | 50.0% |
| Q4 25 | — | 1.34× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
LPA
Segment breakdown not available.
