Corporación Inmobiliaria Vesta, S.A.B. de C.V (VESTA.MX) Financial Statements

Price: $47.76
Market Cap: $42.15B
Avg Volume: 2.75M
Country: MX
Industry: Real Estate - Diversified
Sector: Real Estate
Beta: 0.474
52W Range: $44.26-67.75
Website: Corporación Inmobiliaria Vesta, S.A.B. de C.V

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Corporación Inmobiliaria Vesta, S.A.B. de C.V.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$250.00M$250.00M$200.00M$200.00M$150.00M$150.00M$100.00M$100.00M$50.00M$50.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$400.00M$400.00M$320.00M$320.00M$240.00M$240.00M$160.00M$160.00M$80.00M$80.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Revenue $214.47M $178.03M $160.79M $149.86M $144.37M $132.67M $109.43M $90.51M $78.56M $69.33M
Cost of Revenue $18.24M $11.42M $10.73M $10.15M $8.14M $5.68M $4.99M $4.38M $3.53M $3.60M
Gross Profit $196.23M $166.60M $150.06M $139.70M $136.22M $126.99M $104.43M $86.14M $75.03M $65.73M
Gross Profit Ratio 91.50% 93.58% 93.30% 93.22% 94.36% 95.72% 95.44% 95.16% 95.51% 94.81%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $29.19M $1.77M $1.63M $2.18M $3.33M $4.22M $3.05M $2.79M $3.70M $8.01M
Selling and Marketing Expenses $948.21K $1.03M $871.71K $557.27K $962.86K $1.02M $1.33M $1.14M $28.65K $48.68K
Selling General and Administrative Expenses $30.14M $2.80M $2.50M $2.73M $4.29M $5.24M $4.38M $3.92M $3.73M $8.06M
Other Expenses $166.09M $956.86K $27.80K $7.85K $1.05M $476.24K $449.19K $722.44K $-45.82M $-290.06K
Operating Expenses $196.23M $24.41M $21.40M $18.66M $19.13M $16.56M $13.61M $10.66M $9.22M $8.10M
Cost and Expenses $214.47M $35.84M $32.13M $28.82M $27.27M $22.23M $18.60M $15.03M $12.75M $11.70M
Interest Income $9.41M $2.64M $76.87K $311.96K $70.39K $434.43K $55.17K $3.37M $6.14M $5.71M
Interest Expense $46.31M $46.40M $50.26M $39.05M $39.16M $35.16M $19.67M $19.86M $23.37M $22.19M
Depreciation and Amortization $1.58M $1.46M $1.60M $1.48M $1.49M $573.18K $356.73K $322.63K $188.27K $40.54K
EBITDA $429.51M $339.71M $307.90M $168.03M $225.86M $163.77M $177.59M $120.26M $57.60M $73.37M
EBITDA Ratio 200.27% 190.82% 191.49% 112.13% 156.45% 123.45% 162.29% 132.87% 73.32% 105.83%
Operating Income $164.70M $338.24M $306.30M $166.56M $224.36M $163.20M $177.23M $100.08M $34.04M $51.15M
Operating Income Ratio 76.79% 190.00% 190.50% 111.15% 155.41% 123.01% 161.96% 110.57% 43.33% 73.77%
Total Other Income Expenses Net $216.92M $-46.40M $-50.26M $-39.05M $-39.16M $-35.16M $-19.67M $- $- $-
Income Before Tax $381.62M $291.85M $256.03M $127.50M $185.20M $128.04M $157.56M $100.08M $34.04M $51.15M
Income Before Tax Ratio 177.94% 163.94% 159.24% 85.09% 128.29% 96.51% 143.99% 110.57% 43.33% 73.77%
Income Tax Expense $64.98M $48.22M $82.09M $60.55M $50.59M $34.98M $31.53M $55.00M $37.87M $26.92M
Net Income $316.64M $243.62M $173.94M $66.96M $134.61M $93.06M $126.03M $45.08M $-3.83M $24.22M
Net Income Ratio 147.64% 136.85% 108.18% 44.68% 93.24% 70.14% 115.17% 49.81% -4.87% 34.94%
EPS $0.42 $0.36 $0.27 $0.12 $0.23 $0.16 $0.21 $0.07 $-0.01 $0.05
EPS Diluted $0.41 $0.35 $0.26 $0.12 $0.23 $0.16 $0.21 $0.07 $-0.01 $0.05
Weighted Average Shares Outstanding 756.96M 682.64M 684.42M 566.67M 581.59M 597.38M 609.85M 630.26M 622.21M 507.45M
Weighted Average Shares Outstanding Diluted 768.85M 694.25M 692.93M 573.60M 587.21M 599.86M 609.85M 630.26M 622.21M 507.45M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$4.50B$4.50B$3.60B$3.60B$2.70B$2.70B$1.80B$1.80B$900.00M$900.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Equity$3.00B$3.00B$2.40B$2.40B$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Cash and Cash Equivalents $501.09M $139.06M $452.80M $119.73M $75.03M $64.43M $90.42M $48.05M $21.63M $6.85M
Short Term Investments $- $- $- $684.94K $804.97K $724.40K $677.83K $613.01K $203.56M $95.03M
Cash and Short Term Investments $501.09M $139.06M $452.80M $120.42M $75.84M $65.16M $91.09M $48.67M $225.20M $101.87M
Net Receivables $44.29M $45.26M $28.42M $21.22M $18.64M $34.47M $- $28.82M $24.97M $35.22M
Inventory $- $17.37M $- $- $- $- $- $- $- $-
Other Current Assets $21.04M $17.91M $502.66K $1.23M $1.30M $586.81K $955.94K $2.70M $9.37M $4.27M
Total Current Assets $566.43M $202.23M $481.72M $142.87M $95.77M $100.22M $123.95M $80.19M $259.53M $141.37M
Property Plant Equipment Net $3.38M $2.86M $3.46M $3.51M $4.17M $2.49M $1.87M $1.97M $1.84M $421.34K
Goodwill $- $- $- $- $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $- $- $- $- $-
Long Term Investments $- $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $3.22B $2.75B $2.27B $2.11B $1.99B $1.89B $1.71B $1.42B $1.22B $1.10B
Total Non-Current Assets $3.23B $2.75B $2.28B $2.11B $2.00B $1.89B $1.71B $1.42B $1.22B $1.10B
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $3.79B $2.95B $2.76B $2.25B $2.09B $1.99B $1.83B $1.50B $1.48B $1.25B
Account Payables $13.19M $16.63M $3.01M $1.83M $2.54M $2.79M $4.08M $1.80M $1.41M $14.22M
Short Term Debt $70.22M $5.23M $3.35M $2.43M $1.23M $4.51M $- $- $298.07M $8.63M
Tax Payables $38.77M $14.82M $27.84M $3.52M $1.46M $412.85K $344.60K $550.56K $314.90K $1.27M
Deferred Revenue $- $- $- $- $- $- $- $- $- $-
Other Current Liabilities $25.38M $31.25M $33.03M $20.68M $20.82M $8.98M $7.59M $3.59M $4.90M $4.70M
Total Current Liabilities $147.57M $67.94M $67.23M $28.45M $12.68M $16.69M $12.02M $5.94M $304.69M $28.83M
Long Term Debt $845.86M $926.77M $931.57M $838.06M $714.36M $695.28M $581.99M $340.87M $46.69M $298.11M
Deferred Revenue Non-Current $25.68M $18.33M $15.87M $13.92M $13.26M $13.05M $- $- $- $-
Deferred Tax Liabilities Non-Current $276.91M $299.98M $291.58M $260.87M $228.91M $215.35M $204.21M $185.73M $144.14M $115.64M
Other Non-Current Liabilities $9.23M $348.28K $- $4.13M $- $- $- $- $7.21M $5.71M
Total Non-Current Liabilities $1.16B $1.25B $1.24B $1.12B $969.90M $923.69M $797.74M $535.47M $198.04M $419.46M
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $1.31B $1.31B $1.31B $1.15B $982.57M $940.38M $809.76M $541.41M $502.73M $448.29M
Preferred Stock $- $40.90M $49.83M $47.87M $- $- $- $- $- $-
Common Stock $591.60M $480.62M $482.86M $422.44M $426.30M $435.61M $439.84M $450.88M $455.74M $370.37M
Retained Earnings $989.74M $733.41M $547.21M $429.05M $416.23M $333.83M $288.67M $201.75M $185.49M $211.64M
Accumulated Other Comprehensive Income Loss $-33.04M $-40.90M $-49.83M $-47.87M $- $- $- $- $- $-
Other Total Stockholders Equity $938.68M $466.66M $473.38M $305.05M $311.57M $326.53M $330.57M $345.01M $350.95M $212.19M
Total Stockholders Equity $2.49B $1.64B $1.45B $1.11B $1.11B $1.05B $1.02B $959.38M $974.79M $797.74M
Total Equity $2.49B $1.64B $1.45B $1.11B $1.11B $1.05B $1.02B $959.38M $974.79M $797.74M
Total Liabilities and Stockholders Equity $3.79B $2.95B $2.76B $2.25B $2.09B $1.99B $1.83B $1.50B $1.48B $1.25B
Minority Interest $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $3.79B $2.95B $2.76B $2.25B $2.09B $1.99B $1.83B $1.50B $1.48B $1.25B
Total Investments $- $- $- $684.94K $804.97K $724.40K $677.83K $613.01K $203.56M $95.03M
Total Debt $916.08M $932.00M $934.91M $840.49M $715.59M $699.80M $581.99M $340.87M $344.76M $306.74M
Net Debt $414.99M $792.95M $482.11M $720.76M $640.56M $635.36M $491.58M $292.82M $323.13M $299.89M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M-$300.00M-$300.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00M-$200.00M-$200.00M20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Net Income $381.62M $291.85M $256.03M $127.50M $185.20M $128.04M $157.56M $100.08M $34.04M $51.15M
Depreciation and Amortization $1.58M $1.46M $1.60M $1.48M $1.49M $573.18K $356.73K $322.63K $188.27K $40.54K
Deferred Income Tax $-289.26M $-244.47M $-204.60M $-69.29M $-122.23M $-64.65M $-89.20M $-42.95M $12.43M $-20.31M
Stock Based Compensation $8.00M $6.65M $5.55M $3.68M $2.79M $1.94M $1.48M $860.12K $1.07M $323.76K
Change in Working Capital $-250.41K $-41.52M $-1.61M $-2.59M $-3.11M $-13.36M $-7.65M $-6.53M $3.73M $-14.83M
Accounts Receivables $-2.41M $1.35M $-2.68M $1.91M $- $- $- $- $- $-
Inventory $- $-45.63M $6.36M $- $- $- $- $- $- $-
Accounts Payables $3.26K $-1.62M $-230.18K $-713.27K $- $- $- $- $- $-
Other Working Capital $2.16M $4.37M $-5.06M $-3.79M $116.32K $- $- $- $- $-
Other Non Cash Items $43.10M $43.76M $50.19M $38.74M $39.09M $34.72M $-69.58M $-26.45M $29.67M $-3.84M
Net Cash Provided by Operating Activities $144.80M $57.73M $107.17M $99.52M $103.23M $87.27M $82.16M $68.28M $68.69M $32.84M
Investments in Property Plant and Equipment $-2.08M $-219.88K $-219.14K $-822.22K $-1.61M $-1.20M $-260.31K $-716.20K $-1.61M $-117.34K
Acquisitions Net $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $- $- $- $- $-80.57K $- $-64.81K $-157.44M $-154.36M $-118.51M
Sales Maturities of Investments $- $- $684.94K $120.03K $- $- $- $178.17M $- $138.03M
Other Investing Activities $-220.99M $-254.45M $16.25M $-72.21M $2.95M $-137.51M $-196.15M $3.37M $-110.54M $10.36M
Net Cash Used for Investing Activities $-223.07M $-254.67M $16.71M $-72.91M $1.27M $-138.71M $-196.48M $23.38M $-266.50M $29.76M
Debt Repayment $-17.40M $-647.96K $96.94M $123.67M $14.45M $116.48M $243.00M $1.93M $38.87M $-11.29M
Common Stock Issued $594.38M $- $229.22M $- $- $- $- $- $224.06M $-
Common Stock Repurchased $- $-15.60M $- $-14.80M $-27.90M $-11.26M $-26.95M $-11.66M $-998.63K $-
Dividends Paid $-59.51M $-57.02M $-55.37M $-53.98M $-39.44M $-47.99M $-39.11M $-28.83M $-22.32M $-16.85M
Other Financing Activities $-72.73M $-46.51M $-58.24M $-37.99M $-41.59M $-30.71M $-18.23M $-26.19M $-24.09M $-22.29M
Net Cash Used Provided by Financing Activities $444.74M $-119.78M $212.54M $17.54M $-94.48M $26.61M $158.71M $-64.75M $215.52M $-50.42M
Effect of Forex Changes on Cash $-4.45M $3.05M $-4.15M $1.34M $566.65K $-1.70M $-4.11M $-3.90M $61.77K $-9.79M
Net Change in Cash $362.02M $-313.67M $332.28M $45.48M $10.58M $-26.52M $40.28M $23.01M $17.77M $2.38M
Cash at End of Period $501.90M $139.88M $453.56M $121.28M $75.80M $65.22M $91.74M $51.46M $28.44M $10.67M
Cash at Beginning of Period $139.88M $453.56M $121.28M $75.80M $65.22M $91.74M $51.46M $28.44M $10.67M $8.30M
Operating Cash Flow $144.80M $57.73M $107.17M $99.52M $103.23M $87.27M $82.16M $68.28M $68.69M $32.84M
Capital Expenditure $-2.08M $-219.88K $-219.14K $-822.22K $-1.61M $-1.20M $-260.31K $-716.20K $-1.61M $-117.34K
Free Cash Flow $142.72M $57.51M $106.95M $98.69M $101.62M $86.08M $81.90M $67.56M $67.08M $32.72M