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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and Spok Holdings, Inc (SPOK). 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 $33.9M, roughly 1.5× Spok Holdings, Inc). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 8.7%, a 23.5% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $10.1M).
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.
Spok Holdings, Inc. is a global provider of critical communication solutions primarily serving the healthcare industry. It offers unified clinical communication platforms, secure messaging tools, alerting systems, and on-call scheduling software that help care teams coordinate efficiently, cut response times, and boost patient safety across medical facilities.
LPA vs SPOK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $50.1M | $33.9M |
| Net Profit | $16.1M | $2.9M |
| Gross Margin | — | 76.7% |
| Operating Margin | 81.7% | 11.6% |
| Net Margin | 32.1% | 8.7% |
| Revenue YoY | — | -0.1% |
| Net Profit YoY | — | -19.6% |
| EPS (diluted) | $0.33 | $0.13 |
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 | $33.9M | ||
| Q3 25 | $32.7M | $33.9M | ||
| Q2 25 | $21.5M | $35.7M | ||
| Q1 25 | $10.5M | $36.3M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $19.2M | $34.9M | ||
| Q2 24 | — | $34.0M | ||
| Q1 24 | $9.2M | $34.9M |
| Q4 25 | $16.1M | $2.9M | ||
| Q3 25 | — | $3.2M | ||
| Q2 25 | — | $4.6M | ||
| Q1 25 | — | $5.2M | ||
| Q4 24 | — | $3.6M | ||
| Q3 24 | — | $3.7M | ||
| Q2 24 | — | $3.4M | ||
| Q1 24 | — | $4.2M |
| Q4 25 | — | 76.7% | ||
| Q3 25 | — | 78.3% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 80.1% | ||
| Q4 24 | — | 78.5% | ||
| Q3 24 | — | 79.5% | ||
| Q2 24 | — | 78.9% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | 81.7% | 11.6% | ||
| Q3 25 | — | 12.9% | ||
| Q2 25 | — | 15.1% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | — | 14.2% | ||
| Q2 24 | — | 13.2% | ||
| Q1 24 | — | 14.0% |
| Q4 25 | 32.1% | 8.7% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 12.8% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 12.1% |
| Q4 25 | $0.33 | $0.13 | ||
| Q3 25 | $0.09 | $0.15 | ||
| Q2 25 | $-0.06 | $0.22 | ||
| Q1 25 | — | $0.25 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | $-1.26 | $0.18 | ||
| Q2 24 | — | $0.17 | ||
| Q1 24 | — | $0.21 |
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 | $25.3M |
| Total DebtLower is stronger | $296.8M | — |
| Stockholders' EquityBook value | $324.6M | $146.4M |
| Total Assets | $700.8M | $206.1M |
| Debt / EquityLower = less leverage | 0.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.3M | $25.3M | ||
| Q3 25 | — | $21.4M | ||
| Q2 25 | — | $20.2M | ||
| Q1 25 | — | $19.9M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | — | $27.8M | ||
| Q2 24 | — | $23.9M | ||
| Q1 24 | $1.1M | $23.3M |
| Q4 25 | $296.8M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $324.6M | $146.4M | ||
| Q3 25 | — | $148.7M | ||
| Q2 25 | — | $150.9M | ||
| Q1 25 | — | $151.7M | ||
| Q4 24 | — | $154.7M | ||
| Q3 24 | — | $156.3M | ||
| Q2 24 | — | $158.2M | ||
| Q1 24 | — | $160.2M |
| Q4 25 | $700.8M | $206.1M | ||
| Q3 25 | — | $209.7M | ||
| Q2 25 | — | $208.7M | ||
| Q1 25 | — | $204.5M | ||
| Q4 24 | — | $217.1M | ||
| Q3 24 | — | $216.8M | ||
| Q2 24 | — | $216.4M | ||
| Q1 24 | — | $215.0M |
| 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 | $11.5M |
| Free Cash FlowOCF − Capex | $21.4M | $10.1M |
| FCF MarginFCF / Revenue | 42.7% | 29.9% |
| Capex IntensityCapex / Revenue | 0.3% | 4.1% |
| Cash ConversionOCF / Net Profit | 1.34× | 3.93× |
| TTM Free Cash FlowTrailing 4 quarters | $12.0M | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.6M | $11.5M | ||
| Q3 25 | $14.4M | $8.1M | ||
| Q2 25 | $7.2M | $7.0M | ||
| Q1 25 | $4.4M | $2.3M | ||
| Q4 24 | — | $8.4M | ||
| Q3 24 | $8.3M | $11.1M | ||
| Q2 24 | — | $7.4M | ||
| Q1 24 | $4.8M | $2.0M |
| Q4 25 | $21.4M | $10.1M | ||
| Q3 25 | $-7.3M | $7.6M | ||
| Q2 25 | $-3.1M | $6.0M | ||
| Q1 25 | $966.4K | $1.5M | ||
| Q4 24 | — | $7.5M | ||
| Q3 24 | $-2.4M | $10.3M | ||
| Q2 24 | — | $6.8M | ||
| Q1 24 | $218.9K | $1.1M |
| Q4 25 | 42.7% | 29.9% | ||
| Q3 25 | -22.2% | 22.4% | ||
| Q2 25 | -14.4% | 16.8% | ||
| Q1 25 | 9.2% | 4.2% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | -12.3% | 29.4% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | 2.4% | 3.2% |
| Q4 25 | 0.3% | 4.1% | ||
| Q3 25 | 66.1% | 1.6% | ||
| Q2 25 | 47.9% | 2.9% | ||
| Q1 25 | 32.5% | 2.1% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | 55.5% | 2.4% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | 50.0% | 2.5% |
| Q4 25 | 1.34× | 3.93× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 3.03× | ||
| Q2 24 | — | 2.17× | ||
| Q1 24 | — | 0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPA
Segment breakdown not available.
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
