Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Cost of Revenue (2022 - 2023)
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) posted quarterly Cost of Revenue of $4.9 million for Q4 2023, up 29.74% year-on-year from $3.8 million in Q4 2022, and down 16.76% on a QoQ basis from $5.8 million in Q3 2023.
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) Cost of Revenue (2022 - 2023) Analysis & Trends
Vesta Real Estate Corporation, S.A.B. de C.V (VTMX) has reported Cost of Revenue for 2 consecutive years, with $4.9 million the latest figure, recorded in Q4 2023.
- Quarterly Cost of Revenue rose 29.74% year-over-year to $4.9 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $18.8 million (changed N/A YoY) and the FY2025 annual result came in at $28.3 million, up 14.98% from the prior year.
- Cost of Revenue retreated to $4.9 million in Q4 2023 per VTMX's latest filing, from $5.8 million in the prior quarter.
- Over the last five years, Cost of Revenue for VTMX reached as high as $5.8 million in Q3 2023 and fell as low as $2.6 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.18 Bn | 29.18 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.93 Bn | 3.93 Bn | 182.88 Mn | 53.03 Mn |
| 3 | Century Communities | 2.06 Bn | 1.97 Bn | 190.18 Mn | 737.05 Mn |
| 4 | Forestar | 1.46 Bn | 1.06 Bn | 84.10 Mn | 322.90 Mn |
| 5 | Five Point Holdings | 418.53 Mn | 69.16 Mn | -23.72 Mn | 37.62 Mn |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | - |
| 7 | Smith Douglas Homes | 139.28 Mn | 111.29 Mn | 40.45 Mn | 165.99 Mn |
| 8 | Amrep | 122.11 Mn | 69.42 Mn | 4.41 Mn | 6.61 Mn |
| 9 | Logistic Properties of the Americas | 95.17 Mn | 95.17 Mn | - | - |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | 10.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 4.87 Mn |
| Dec 31, 2023 | 4.87 Mn |
| Sep 30, 2023 | 5.85 Mn |
| Sep 30, 2023 | 5.85 Mn |
| Jun 30, 2023 | 4.37 Mn |
| Jun 30, 2023 | 4.37 Mn |
| Dec 31, 2022 | 3.75 Mn |
| Dec 31, 2022 | 3.75 Mn |
| Sep 30, 2022 | 2.93 Mn |
| Sep 30, 2022 | 2.93 Mn |
| Jun 30, 2022 | 2.61 Mn |
| Jun 30, 2022 | 2.61 Mn |