Lojistik Properties Reports Third-Quarter Results After Shares Close at $2.35
Key Facts
Lojistik Properties of the Americas (LPA) shares closed at $2.35 in the November 9, 2026 session, before the company announced third-quarter results the following day, in line with the disclosure schedule it set after the market close. The close therefore came in the session before the announcement, not on the day the results were published. The company said its investor call to discuss the results is scheduled for November 11 at 9:00 a.m. Eastern time. The results covered the quarter ended September 30, 2026. These milestones follow second-quarter performance that recorded growth in revenue and net operating income, providing dated context for reading the new disclosure.
In the second quarter of 2026, the company’s revenue rose 26.1% year over year to $14.7 million, according to its filing with the U.S. Securities and Exchange Commission. Net operating income (NOI) also increased 27.0% to $12.2 million over the same period. The similar growth rates for revenue and NOI indicate that both increased at a comparable pace from the second quarter of the prior year. These figures relate to the second quarter, not the third quarter for which the company announced results on November 10. The prior period’s results therefore provide a time-based context for comparing the new disclosure, without replacing its figures.
Peru was one of the drivers of rental growth in the second quarter, with rental revenue there rising 50.4%, according to the company. It attributed the increase mainly to PepsiCo’s lease at the Callao Logistics Park and the rapid leasing of space that had been scheduled to be vacated. The company linked revenue growth to an existing lease and the re-occupancy of space, two factors cited in its second-quarter results statement. Peru’s increase was about twice the company’s overall revenue growth of 26.1% in that quarter, though the measures differ: rental revenue in one market versus total group revenue. This comparison relates specifically to second-quarter performance and does not in itself indicate how Peru performed in the third quarter.
In Colombia, rental revenue increased 29.3% in the second quarter, but the company said the increase would have been 11.0% excluding the effect of foreign-currency accounting. The difference between the two rates shows that the accounting exchange-rate effect lifted reported growth compared with the rate excluding that effect. The factors cited by the company were not limited to currency; it also linked rental growth to new leasing, contractual adjustments tied to local inflation and favorable exchange-rate movements. The company said, "The increase in Colombia revenue would have been 11.0% without the effect of foreign-currency accounting." The figures distinguish between reported growth and growth excluding the accounting effect for the same second-quarter period.
The company also recorded a $0.5 million contribution to second-quarter revenue from Mexico, generated by two investment properties in Puebla that it acquired in August 2025. Based on the dates in the company’s statement, the contribution came in a quarter more than a year after the acquisition. For like-for-like properties, cash net operating income rose 15.6% to $9.9 million in the second quarter on a constant-currency basis. The company attributed this mainly to higher rents and increased occupancy. This measure differs from overall revenue growth because it covers like-for-like properties and measures cash NOI with the currency effect held constant.
As of June 30, 2026, the operating and development portfolio comprised 34 logistics facilities in Costa Rica, Colombia, Peru and Mexico, with approximately 580,136 square meters of leasable area, according to the company. This description dates to the end of June, before the third quarter ended on September 30. The facilities and floor area provide a measure of the regional portfolio in which the company operates, while the second-quarter figures reflect contributions from specific markets and the like-for-like property portfolio. The company scheduled its third-quarter results announcement for November 10 after the market close. The investor call follows on November 11 at 9:00 a.m. Eastern time.