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Side-by-side financial comparison of Logistic Properties of the Americas (LPA) and TSS, Inc. (TSSI). Click either name above to swap in a different company.

TSS, Inc. is the larger business by last-quarter revenue ($60.9M vs $50.1M, roughly 1.2× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 20.0%, a 12.2% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $15.8M).

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.

LPA vs TSSI — Head-to-Head

Bigger by revenue
TSSI
TSSI
1.2× larger
TSSI
$60.9M
$50.1M
LPA
Higher net margin
LPA
LPA
12.2% more per $
LPA
32.1%
20.0%
TSSI
More free cash flow
LPA
LPA
$5.6M more FCF
LPA
$21.4M
$15.8M
TSSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LPA
LPA
TSSI
TSSI
Revenue
$50.1M
$60.9M
Net Profit
$16.1M
$12.2M
Gross Margin
17.6%
Operating Margin
81.7%
1.5%
Net Margin
32.1%
20.0%
Revenue YoY
21.8%
Net Profit YoY
535.7%
EPS (diluted)
$0.33
$0.44

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
LPA
LPA
TSSI
TSSI
Q4 25
$50.1M
$60.9M
Q3 25
$32.7M
$41.9M
Q2 25
$21.5M
$44.0M
Q1 25
$10.5M
$99.0M
Q4 24
$50.0M
Q3 24
$19.2M
$70.1M
Q2 24
$12.2M
Q1 24
$9.2M
$15.9M
Net Profit
LPA
LPA
TSSI
TSSI
Q4 25
$16.1M
$12.2M
Q3 25
$-1.5M
Q2 25
$1.5M
Q1 25
$3.0M
Q4 24
$1.9M
Q3 24
$2.6M
Q2 24
$1.4M
Q1 24
$15.0K
Gross Margin
LPA
LPA
TSSI
TSSI
Q4 25
17.6%
Q3 25
11.1%
Q2 25
17.8%
Q1 25
9.3%
Q4 24
14.4%
Q3 24
11.3%
Q2 24
37.3%
Q1 24
17.1%
Operating Margin
LPA
LPA
TSSI
TSSI
Q4 25
81.7%
1.5%
Q3 25
-2.2%
Q2 25
5.1%
Q1 25
4.2%
Q4 24
0.0%
Q3 24
5.4%
Q2 24
14.0%
Q1 24
1.6%
Net Margin
LPA
LPA
TSSI
TSSI
Q4 25
32.1%
20.0%
Q3 25
-3.6%
Q2 25
3.4%
Q1 25
3.0%
Q4 24
3.8%
Q3 24
3.8%
Q2 24
11.5%
Q1 24
0.1%
EPS (diluted)
LPA
LPA
TSSI
TSSI
Q4 25
$0.33
$0.44
Q3 25
$0.09
$-0.06
Q2 25
$-0.06
$0.06
Q1 25
$0.12
Q4 24
$0.08
Q3 24
$-1.26
$0.10
Q2 24
$0.06
Q1 24
$0.00

Balance Sheet & Financial Strength

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

Metric
LPA
LPA
TSSI
TSSI
Cash + ST InvestmentsLiquidity on hand
$27.3M
$85.5M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$324.6M
$76.6M
Total Assets
$700.8M
$184.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
TSSI
TSSI
Q4 25
$27.3M
$85.5M
Q3 25
$70.7M
Q2 25
Q1 25
Q4 24
$23.2M
Q3 24
$46.4M
Q2 24
$8.3M
Q1 24
$1.1M
$14.4M
Total Debt
LPA
LPA
TSSI
TSSI
Q4 25
$296.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LPA
LPA
TSSI
TSSI
Q4 25
$324.6M
$76.6M
Q3 25
$63.4M
Q2 25
$9.5M
Q1 25
$9.4M
Q4 24
$7.1M
Q3 24
$7.7M
Q2 24
$5.2M
Q1 24
$3.7M
Total Assets
LPA
LPA
TSSI
TSSI
Q4 25
$700.8M
$184.9M
Q3 25
$165.4M
Q2 25
$139.5M
Q1 25
$113.5M
Q4 24
$96.6M
Q3 24
$67.3M
Q2 24
$28.9M
Q1 24
$26.8M
Debt / Equity
LPA
LPA
TSSI
TSSI
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
LPA
LPA
TSSI
TSSI
Operating Cash FlowLast quarter
$21.6M
$16.3M
Free Cash FlowOCF − Capex
$21.4M
$15.8M
FCF MarginFCF / Revenue
42.7%
25.9%
Capex IntensityCapex / Revenue
0.3%
0.9%
Cash ConversionOCF / Net Profit
1.34×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$12.0M
$2.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
TSSI
TSSI
Q4 25
$21.6M
$16.3M
Q3 25
$14.4M
$-18.4M
Q2 25
$7.2M
$16.3M
Q1 25
$4.4M
$20.6M
Q4 24
$-21.6M
Q3 24
$8.3M
$38.6M
Q2 24
$-4.3M
Q1 24
$4.8M
$2.6M
Free Cash Flow
LPA
LPA
TSSI
TSSI
Q4 25
$21.4M
$15.8M
Q3 25
$-7.3M
$-24.9M
Q2 25
$-3.1M
$5.4M
Q1 25
$966.4K
$5.8M
Q4 24
$-28.4M
Q3 24
$-2.4M
$38.6M
Q2 24
$-6.0M
Q1 24
$218.9K
$2.6M
FCF Margin
LPA
LPA
TSSI
TSSI
Q4 25
42.7%
25.9%
Q3 25
-22.2%
-59.3%
Q2 25
-14.4%
12.3%
Q1 25
9.2%
5.8%
Q4 24
-56.7%
Q3 24
-12.3%
55.1%
Q2 24
-49.4%
Q1 24
2.4%
16.4%
Capex Intensity
LPA
LPA
TSSI
TSSI
Q4 25
0.3%
0.9%
Q3 25
66.1%
15.3%
Q2 25
47.9%
24.8%
Q1 25
32.5%
15.0%
Q4 24
13.4%
Q3 24
55.5%
0.1%
Q2 24
13.8%
Q1 24
50.0%
0.2%
Cash Conversion
LPA
LPA
TSSI
TSSI
Q4 25
1.34×
1.34×
Q3 25
Q2 25
11.02×
Q1 25
6.93×
Q4 24
-11.32×
Q3 24
14.60×
Q2 24
-3.09×
Q1 24
176.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LPA
LPA

Segment breakdown not available.

TSSI
TSSI

Procurement Revenues Segment$43.2M71%
System Integration Services Segment$14.2M23%
Facilities Segment$3.5M6%

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