Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX)

VTMX Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	271.82	251.95	213.45	178.03	160.7	149.54
Property Management Fees	-0.01	0.38	1.02	-	0.09	-
Other Revenue	-0.01	-	-	-	-	0.32
Total Revenue	271.81	252.33	214.47	178.03	160.79	149.86
Revenue Growth (YoY	11.74%	17.65%	20.47%	10.72%	7.29%	3.80%
Property Expenses	27.38	24.59	18.24	11.42	10.73	10.15
Selling, General & Administrative	34.69	34.18	31.72	24.41	21.4	18.66
Other Operating Expenses	2.89	5.15	3.04	0.37	-	-
Total Operating Expenses	64.96	63.92	53	36.21	32.13	28.82
Operating Income	206.85	188.4	161.47	141.81	128.66	121.04
Interest Expense	-42.17	-41.94	-44.34	-44.85	-45.48	-37.92
Interest & Investment Income	4.08	15.19	9.41	2.64	0.08	0.31
Currency Exchange Gain (Loss)	7.8	-10.84	8.91	1.94	-1.11	-0.17
Other Non-Operating Income	1.4	1.99	3.17	-0.21	-4.75	-1.12
EBT Excluding Unusual Items	177.96	152.8	138.62	101.33	77.39	82.13
Gain (Loss) on Sale of Assets	2.36	2.62	-0.46	5.03	13.99	-
Asset Writedown	35.94	270.75	243.46	185.49	164.65	45.37
Pretax Income	216.55	426.16	381.62	291.85	256.03	127.5
Income Tax Expense	211.74	202.82	64.98	48.22	82.09	60.55
Net Income	4.81	223.35	316.64	243.62	173.94	66.96
Preferred Dividends & Other Adjustments	-51.98	-	-	-	-	-
Net Income to Common	56.8	223.35	316.64	243.62	173.94	66.96
Net Income Growth	-98.80%	-29.46%	29.97%	40.06%	159.79%	-50.26%
Basic Shares Outstanding	857	871	757	683	648	567
Diluted Shares Outstanding	861	883	769	694	693	574
Shares Change (YoY)	-2.28%	14.89%	10.74%	0.19%	20.80%	-2.32%
EPS (Basic)	0.07	0.26	0.42	0.36	0.27	0.12
EPS (Diluted)	0.07	0.25	0.41	0.35	0.26	0.12
EPS Growth	-83.28%	-38.59%	17.36%	33.12%	125.88%	-49.09%
Dividend Per Share	0.075	0.075	0.072	0.088	0.083	0.099
Dividend Growth	3.72%	3.72%	-18.01%	5.73%	-16.02%	5.21%
Operating Margin	76.10%	74.67%	75.29%	79.66%	80.02%	80.77%
Profit Margin	20.89%	88.52%	147.64%	136.85%	108.18%	44.68%
EBITDA	207.81	189.16	162.45	142.72	129.8	122.07
EBITDA Margin	76.46%	74.97%	75.74%	80.16%	80.73%	81.46%
D&A For Ebitda	0.97	0.75	0.97	0.9	1.14	1.03
EBIT	206.85	188.4	161.47	141.81	128.66	121.04
EBIT Margin	76.10%	74.67%	75.29%	79.66%	80.02%	80.77%
Effective Tax Rate	97.78%	47.59%	17.03%	16.52%	32.06%	47.49%
Revenue as Reported	271.81	252.33	214.47	178.03	160.79	149.86

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q