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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) 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 $25.6M, roughly 2.0× IT TECH PACKAGING, INC.). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -5.7%, a 37.8% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $1.5M).

IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.

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.

ITP vs LPA — Head-to-Head

Bigger by revenue
LPA
LPA
2.0× larger
LPA
$50.1M
$25.6M
ITP
Higher net margin
LPA
LPA
37.8% more per $
LPA
32.1%
-5.7%
ITP
More free cash flow
LPA
LPA
$19.9M more FCF
LPA
$21.4M
$1.5M
ITP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ITP
ITP
LPA
LPA
Revenue
$25.6M
$50.1M
Net Profit
$-1.4M
$16.1M
Gross Margin
7.9%
Operating Margin
-3.9%
81.7%
Net Margin
-5.7%
32.1%
Revenue YoY
2.1%
Net Profit YoY
26.6%
EPS (diluted)
$-0.11
$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.

Revenue
ITP
ITP
LPA
LPA
Q4 25
$50.1M
Q3 25
$25.6M
$32.7M
Q2 25
$24.8M
$21.5M
Q1 25
$10.9M
$10.5M
Q4 24
$17.6M
Q3 24
$25.1M
$19.2M
Q2 24
$26.2M
Q1 24
$6.9M
$9.2M
Net Profit
ITP
ITP
LPA
LPA
Q4 25
$16.1M
Q3 25
$-1.4M
Q2 25
$-2.0M
Q1 25
$-3.5M
Q4 24
$-4.0M
Q3 24
$-2.0M
Q2 24
$-77.7K
Q1 24
$-3.7M
Gross Margin
ITP
ITP
LPA
LPA
Q4 25
Q3 25
7.9%
Q2 25
5.1%
Q1 25
0.8%
Q4 24
6.3%
Q3 24
7.6%
Q2 24
12.4%
Q1 24
5.8%
Operating Margin
ITP
ITP
LPA
LPA
Q4 25
81.7%
Q3 25
-3.9%
Q2 25
-7.1%
Q1 25
-31.0%
Q4 24
-21.5%
Q3 24
-5.8%
Q2 24
2.1%
Q1 24
-51.0%
Net Margin
ITP
ITP
LPA
LPA
Q4 25
32.1%
Q3 25
-5.7%
Q2 25
-7.9%
Q1 25
-32.2%
Q4 24
-22.9%
Q3 24
-7.9%
Q2 24
-0.3%
Q1 24
-54.6%
EPS (diluted)
ITP
ITP
LPA
LPA
Q4 25
$0.33
Q3 25
$-0.11
$0.09
Q2 25
$-0.16
$-0.06
Q1 25
$-0.35
Q4 24
$-0.40
Q3 24
$-0.20
$-1.26
Q2 24
$-0.01
Q1 24
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ITP
ITP
LPA
LPA
Cash + ST InvestmentsLiquidity on hand
$27.3M
Total DebtLower is stronger
$4.7M
$296.8M
Stockholders' EquityBook value
$152.0M
$324.6M
Total Assets
$175.7M
$700.8M
Debt / EquityLower = less leverage
0.03×
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITP
ITP
LPA
LPA
Q4 25
$27.3M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.1M
Total Debt
ITP
ITP
LPA
LPA
Q4 25
$296.8M
Q3 25
$4.7M
Q2 25
$4.7M
Q1 25
$4.7M
Q4 24
$4.7M
Q3 24
$8.9M
Q2 24
$11.3M
Q1 24
$11.4M
Stockholders' Equity
ITP
ITP
LPA
LPA
Q4 25
$324.6M
Q3 25
$152.0M
Q2 25
$152.3M
Q1 25
$152.8M
Q4 24
$156.1M
Q3 24
$164.3M
Q2 24
$163.5M
Q1 24
$164.3M
Total Assets
ITP
ITP
LPA
LPA
Q4 25
$700.8M
Q3 25
$175.7M
Q2 25
$175.2M
Q1 25
$175.2M
Q4 24
$177.5M
Q3 24
$190.0M
Q2 24
$191.4M
Q1 24
$177.5M
Debt / Equity
ITP
ITP
LPA
LPA
Q4 25
0.91×
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ITP
ITP
LPA
LPA
Operating Cash FlowLast quarter
$1.5M
$21.6M
Free Cash FlowOCF − Capex
$1.5M
$21.4M
FCF MarginFCF / Revenue
5.9%
42.7%
Capex IntensityCapex / Revenue
0.0%
0.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$3.8M
$12.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ITP
ITP
LPA
LPA
Q4 25
$21.6M
Q3 25
$1.5M
$14.4M
Q2 25
$1.4M
$7.2M
Q1 25
$-2.5M
$4.4M
Q4 24
$3.5M
Q3 24
$1.5M
$8.3M
Q2 24
$721.9K
Q1 24
$624.4K
$4.8M
Free Cash Flow
ITP
ITP
LPA
LPA
Q4 25
$21.4M
Q3 25
$1.5M
$-7.3M
Q2 25
$1.3M
$-3.1M
Q1 25
$-2.5M
$966.4K
Q4 24
$3.5M
Q3 24
$1.2M
$-2.4M
Q2 24
$668.3K
Q1 24
$615.4K
$218.9K
FCF Margin
ITP
ITP
LPA
LPA
Q4 25
42.7%
Q3 25
5.9%
-22.2%
Q2 25
5.4%
-14.4%
Q1 25
-22.8%
9.2%
Q4 24
19.6%
Q3 24
4.9%
-12.3%
Q2 24
2.5%
Q1 24
9.0%
2.4%
Capex Intensity
ITP
ITP
LPA
LPA
Q4 25
0.3%
Q3 25
0.0%
66.1%
Q2 25
0.1%
47.9%
Q1 25
0.1%
32.5%
Q4 24
0.1%
Q3 24
1.0%
55.5%
Q2 24
0.2%
Q1 24
0.1%
50.0%
Cash Conversion
ITP
ITP
LPA
LPA
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.

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