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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and SmartRent, Inc. (SMRT). 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 $36.5M, roughly 1.4× SmartRent, Inc.). Logistic Properties of the Americas runs the higher net margin — 32.1% vs -8.9%, a 41.0% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $7.7M).
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.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
LPA vs SMRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $36.5M |
| Net Profit | $16.1M | $-3.2M |
| Gross Margin | — | 38.6% |
| Operating Margin | 81.7% | -10.9% |
| Net Margin | 32.1% | -8.9% |
| Revenue YoY | — | 3.1% |
| Net Profit YoY | — | 71.6% |
| EPS (diluted) | $0.33 | $-0.02 |
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 | $50.1M | $36.5M | ||
| Q3 25 | $32.7M | $36.2M | ||
| Q2 25 | $21.5M | $38.3M | ||
| Q1 25 | $10.5M | $41.3M | ||
| Q4 24 | — | $35.4M | ||
| Q3 24 | $19.2M | $40.5M | ||
| Q2 24 | — | $48.5M | ||
| Q1 24 | $9.2M | $50.5M |
| Q4 25 | $16.1M | $-3.2M | ||
| Q3 25 | — | $-6.3M | ||
| Q2 25 | — | $-10.9M | ||
| Q1 25 | — | $-40.2M | ||
| Q4 24 | — | $-11.4M | ||
| Q3 24 | — | $-9.9M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $-7.7M |
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 26.4% | ||
| Q2 25 | — | 33.1% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 33.2% | ||
| Q2 24 | — | 35.7% | ||
| Q1 24 | — | 38.5% |
| Q4 25 | 81.7% | -10.9% | ||
| Q3 25 | — | -19.4% | ||
| Q2 25 | — | -30.5% | ||
| Q1 25 | — | -99.9% | ||
| Q4 24 | — | -36.6% | ||
| Q3 24 | — | -29.0% | ||
| Q2 24 | — | -14.3% | ||
| Q1 24 | — | -20.1% |
| Q4 25 | 32.1% | -8.9% | ||
| Q3 25 | — | -17.3% | ||
| Q2 25 | — | -28.3% | ||
| Q1 25 | — | -97.2% | ||
| Q4 24 | — | -32.3% | ||
| Q3 24 | — | -24.5% | ||
| Q2 24 | — | -9.5% | ||
| Q1 24 | — | -15.2% |
| Q4 25 | $0.33 | $-0.02 | ||
| Q3 25 | $0.09 | $-0.03 | ||
| Q2 25 | $-0.06 | $-0.06 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.06 | ||
| Q3 24 | $-1.26 | $-0.05 | ||
| Q2 24 | — | $-0.02 | ||
| Q1 24 | — | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.3M | $104.5M |
| Total DebtLower is stronger | $296.8M | — |
| Stockholders' EquityBook value | $324.6M | $232.1M |
| Total Assets | $700.8M | $320.9M |
| Debt / EquityLower = less leverage | 0.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $104.5M | ||
| Q3 25 | — | $100.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $125.6M | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | $163.4M | ||
| Q2 24 | — | $187.4M | ||
| Q1 24 | $1.1M | $204.7M |
| Q4 25 | $296.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $324.6M | $232.1M | ||
| Q3 25 | — | $234.4M | ||
| Q2 25 | — | $238.8M | ||
| Q1 25 | — | $250.7M | ||
| Q4 24 | — | $289.4M | ||
| Q3 24 | — | $305.1M | ||
| Q2 24 | — | $329.4M | ||
| Q1 24 | — | $333.1M |
| Q4 25 | $700.8M | $320.9M | ||
| Q3 25 | — | $335.8M | ||
| Q2 25 | — | $354.0M | ||
| Q1 25 | — | $366.1M | ||
| Q4 24 | — | $420.2M | ||
| Q3 24 | — | $448.6M | ||
| Q2 24 | — | $475.3M | ||
| Q1 24 | — | $485.5M |
| 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 | $21.6M | $7.7M |
| Free Cash FlowOCF − Capex | $21.4M | $7.7M |
| FCF MarginFCF / Revenue | 42.7% | 21.0% |
| Capex IntensityCapex / Revenue | 0.3% | 0.0% |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.0M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.6M | $7.7M | ||
| Q3 25 | $14.4M | $-2.1M | ||
| Q2 25 | $7.2M | $-14.9M | ||
| Q1 25 | $4.4M | $-12.2M | ||
| Q4 24 | — | $-12.0M | ||
| Q3 24 | $8.3M | $-3.7M | ||
| Q2 24 | — | $-13.9M | ||
| Q1 24 | $4.8M | $-3.3M |
| Q4 25 | $21.4M | $7.7M | ||
| Q3 25 | $-7.3M | $-2.2M | ||
| Q2 25 | $-3.1M | $-16.2M | ||
| Q1 25 | $966.4K | $-14.3M | ||
| Q4 24 | — | $-13.3M | ||
| Q3 24 | $-2.4M | $-3.9M | ||
| Q2 24 | — | $-14.1M | ||
| Q1 24 | $218.9K | $-3.4M |
| Q4 25 | 42.7% | 21.0% | ||
| Q3 25 | -22.2% | -6.1% | ||
| Q2 25 | -14.4% | -42.3% | ||
| Q1 25 | 9.2% | -34.7% | ||
| Q4 24 | — | -37.5% | ||
| Q3 24 | -12.3% | -9.7% | ||
| Q2 24 | — | -29.1% | ||
| Q1 24 | 2.4% | -6.7% |
| Q4 25 | 0.3% | 0.0% | ||
| Q3 25 | 66.1% | 0.2% | ||
| Q2 25 | 47.9% | 3.3% | ||
| Q1 25 | 32.5% | 5.3% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | 55.5% | 0.6% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | 50.0% | 0.1% |
| 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
LPA
Segment breakdown not available.
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
