Cash flow Fibra Storage

Stocks

STORAGE 18

MXCFST270008

Real Estate Development & Operations

End-of-day quote Mexican S.E. 2026-10-02			5-day change	1st Jan Change
25.75 ^MXN	0.00%		+0.98%	+3.00%

07-31	FIBRA Storage Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
04-23	FIBRA Storage Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: FIBRA STORAGE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Rental Revenues	307M	423M	504M	617M	739M
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	16.1M	23.25M	28.92M	79.49M	37.48M
Total Revenues	324M	447M	533M	696M	776M
Property Expenses	111M	116M	135M	139M	161M
Selling General & Admin Expenses, Total	1.95M	70.54M	91.42M	124M	133M
Depreciation & Amortization - (IS) - (Collected)	150K	712K	2.3M	11.87M	9.58M
Other Operating Expenses	-	-	6.08M	-	-
Total Operating Expenses	113M	188M	234M	275M	304M
Operating Income (REIT / Utility Template)	211M	259M	299M	421M	472M
Interest Expense, Total	-74.27M	-70.68M	-113M	-139M	-155M
Interest and Investment Income	5.84M	5.47M	44.16M	124M	44.95M
Net Interest Expenses	-68.43M	-65.21M	-69.05M	-14.87M	-110M
Currency Exchange Gains (Loss)	-15.67K	393K	173K	2.08K	-181K
Other Non Operating Income (Expenses)	1.39M	-2.86M	-3.85M	-3.81M	-3.29M
EBT, Excl. Unusual Items	144M	191M	226M	403M	358M
Gain (Loss) on Sale of Investments	17.15M	41.66M	-	-	119K
Gain (Loss) on Sale of Assets	-	-	-	-	-
Asset Writedown	-15.17M	206M	389M	303M	317M
EBT, Incl. Unusual Items	146M	439M	615M	706M	675M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	146M	439M	615M	706M	675M
Net Income to Company	146M	439M	615M	706M	675M
Net Income - (IS)	146M	439M	615M	706M	675M
Net Income to Common Incl Extra Items	146M	439M	615M	706M	675M
Net Income to Common Excl. Extra Items	146M	439M	615M	706M	675M
Per Share Items
Net EPS - Basic	0.71	1.98	2.52	2.69	2.59
Basic EPS - Continuing Operations	0.71	1.98	2.52	2.69	2.59
Basic Weighted Average Shares Outstanding	205M	222M	244M	263M	261M
Net EPS - Diluted	0.71	1.98	2.52	2.69	2.59
Diluted EPS - Continuing Operations	0.71	1.98	2.52	2.69	2.59
Diluted Weighted Average Shares Outstanding	205M	222M	244M	263M	261M
Normalized Basic EPS	0.44	0.54	0.58	0.96	0.86
Normalized Diluted EPS	0.44	0.54	0.58	0.96	0.86
Dividend Per Share	0.35	0.36	0.31	0.83	0.71
Payout Ratio	29.72	17.64	13.15	11.87	31.99
Supplemental Items
EBITDA	211M	259M	299M	431M	479M
EBITA	211M	259M	299M	421M	472M
EBIT	211M	259M	299M	421M	472M
Total Revenues (As Reported)	324M	447M	533M	696M	776M
Effective Tax Rate - (Ratio)	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	89.77M	120M	141M	252M	224M
Interest Capitalized	21.74M	80.7M	51.1M	20.8M	20.7M
Interest on Long-Term Debt	74.27M	70.68M	113M	143M	159M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Marketing Expenses	-	-	-	6.56M	7.16M
Selling and Marketing Expenses	-	-	-	6.56M	7.16M
General and Administrative Expenses	1.95M	70.54M	91.42M	118M	126M
Maintenance & Repair Expenses, Total	8.46M	19.67M	14.02M	17.81M	23.7M

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Assets
Gross Property Plant And Equipment	629K	11.75M	12M	28.4M	50.36M
Accumulated Depreciation	-347K	-1.06M	-3.35M	-761K	-1.58M
Net Property Plant And Equipment	282K	10.69M	8.65M	27.64M	48.78M
Total Real Estate Assets	282K	10.69M	8.65M	27.64M	48.78M
Cash And Equivalents	959M	537M	776M	707M	796M
Accounts Receivable, Total	6.17M	10.47M	7.91M	5.19M	4.09M
Other Receivables	193M	177M	204M	84.43M	84.82M
Investment In Debt and Equity Securities	131K	423K	-	-	-
Goodwill	-	78.59M	78.6M	7.9M	2.47M
Other Intangibles, Total	-	17.34M	29.7M	81.57M	99.01M
Notes Receivable (Collected)	-	-	-	-	-
Other Current Assets, Total	5.3M	5.77M	14.32M	7.53M	7.18M
Other Long-Term Assets, Total	4.88B	5.7B	6.7B	7.37B	8.21B
Total Assets	6.04B	6.54B	7.82B	8.29B	9.25B
Liabilities
Current Portion of Long-Term Debt	-	-	-	329M	-
Current Portion of Leases	5.19M	7.5M	11.55M	13.54M	15.37M
Short-Term Borrowings	16.53M	59.74M	45.66K	-	-
Long-Term Debt	1.48B	1.48B	1.49B	1.16B	2B
Long-Term Leases	148M	157M	144M	129M	119M
Accounts Payable, Total	54.87M	2.52M	30.21M	7M	1.71M
Accrued Expenses, Total	7.4M	8.25M	8.73M	9.22M	8.75M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	97.05M	107M	111M	236M	210M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	-	-	2.24M	-	-
Total Liabilities	1.81B	1.82B	1.79B	1.88B	2.36B
Common Stock, Total	2.87B	2.99B	3.77B	3.66B	3.66B
Retained Earnings	1.36B	1.72B	2.25B	2.74B	3.23B
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	4.23B	4.71B	6.02B	6.4B	6.89B
Minority Interest	-	-	-	-	-
Total Equity	4.23B	4.71B	6.02B	6.4B	6.89B
Total Liabilities And Equity	6.04B	6.54B	7.82B	8.29B	9.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	217M	223M	267M	259M	259M
ECS Total Common Shares Outstanding	217M	223M	267M	259M	259M
Book Value / Share	19.51	21.1	22.59	24.69	26.58
Tangible Book Value	4.23B	4.62B	5.92B	6.31B	6.79B
Tangible Book Value Per Share	19.51	20.67	22.19	24.34	26.19
Total Debt	1.65B	1.71B	1.64B	1.63B	2.14B
Net Debt	690M	1.17B	865M	925M	1.34B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	-	-	-	-	38.11M
Machinery, Total	629K	650K	907K	4.96M	8.37M
Accumulated Allowance for Doubtful Accounts (Supple)	875K	1.74M	4.02M	6.18M	5.94M

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Net Income	146M	439M	615M	706M	675M
Depreciation, Depletion & Amortization	150K	712K	2.3M	11.87M	9.58M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	150K	712K	2.3M	11.87M	9.58M
Amortization of Deferred Charges, Total	-	-	-	3.81M	3.29M
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
Total Asset Writedown	15.17M	-206M	-389M	-303M	-317M
Provision and Write-off of Bad Debts	-	-	3.3M	2.23M	-
Change in Accounts Receivable	-1.21M	665K	-29.67M	120M	536K
Change in Accounts Payable	-2.89M	-52.35M	-260K	-23.21M	-5.28M
Change In Income Taxes	-29.74M	-	-	-	-
Change in Other Net Operating Assets (Collected)	5.29M	3.21M	-6.37M	-2.1M	11.47M
Other Operating Activities	49.89M	26.41M	73.85M	14.87M	110M
Cash from Operations	182M	212M	269M	531M	488M
Acquisition of Real Estate Assets, Total	-341M	-487M	-537M	-372M	-562M
Sale of Real Estate Assets, Total	-	-	-	-	-
Net Sale / Acquisition of Real Estate Assets	-341M	-487M	-537M	-372M	-562M
Cash Acquisitions	-	-	-	-	-
Purchase / Sale of Intangible Assets	-	-	-8.83M	-2.58M	-1.21M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	22.99M	47.13M	44.16M	124M	44.95M
Cash from Investing	-318M	-440M	-501M	-251M	-518M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	1.5B	-	-	-	850M
Total Debt Issued	1.5B	-	-	-	850M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-503M	-18.06M	-24.72M	-11.3M	-343M
Total Debt Repaid	-503M	-18.06M	-24.72M	-11.3M	-343M
Issuance of Common Stock	-	-	684M	5.23M	5.22M
Repurchase of Common Stock	-	-3.15M	-	-	-
Common Dividends Paid	-43.27M	-77.4M	-80.84M	-83.81M	-216M
Common & Preferred Stock Dividends Paid	-43.27M	-77.4M	-80.84M	-83.81M	-216M
Other Financing Activities, Total	-64.86M	-94.77M	-108M	-258M	-177M
Cash from Financing	889M	-193M	471M	-348M	119M
Net Change in Cash	752M	-422M	239M	-68.47M	89.12M
Supplemental Items
Cash Interest Paid	78.87M	57.04M	97.44M	139M	152M
Cash Income Tax Paid (Refund)	-	-	-	-	-
Net Debt Issued / Repaid	997M	-18.06M	-24.72M	-11.3M	507M
Levered Free Cash Flow	153M	88.35M	108M	417M	138M
Unlevered Free Cash Flow	199M	133M	178M	500M	232M
Change In Net Working Capital	-67.71M	30.03M	1.54M	-232M	29.89M

Fiscal Period: December	2021 (MXN)	2022 (MXN)	2023 (MXN)	2024 (MXN)	2025 (MXN)
Profitability
Return on Assets	2.51	2.57	2.6	3.27	3.36
Return on Total Capital	2.56	2.63	2.65	3.36	3.46
Return On Equity %	3.59	9.81	11.45	11.36	10.16
Return on Common Equity	3.59	9.81	11.45	11.36	10.16
Margin Analysis
Gross Profit Margin %	65.77	73.94	74.74	80.07	79.21
SG&A Margin	0.6	15.79	17.14	17.83	17.18
EBITDA Margin %	65.17	58.02	56.04	61.91	61.74
EBITA Margin %	65.12	57.99	56.02	60.53	60.8
EBIT Margin %	65.12	57.99	56.02	60.53	60.8
Income From Continuing Operations Margin %	45.01	98.23	115.28	101.39	87
Net Income Margin %	45.01	98.23	115.28	101.39	87
Net Avail. For Common Margin %	45.01	98.23	115.28	101.39	87
Normalized Net Income Margin	27.75	26.77	26.49	36.15	28.83
Levered Free Cash Flow Margin	47.29	19.78	20.18	59.92	17.79
Unlevered Free Cash Flow Margin	61.63	29.67	33.45	71.83	29.88
Asset Turnover
Asset Turnover	0.06	0.07	0.07	0.09	0.09
Fixed Assets Turnover	1.11K	81.43	55.15	25.97	26.28
Receivables Turnover (Average Receivables)	46.48	50.91	54.9	94.23	159.3
Short Term Liquidity
Current Ratio	6.43	3.94	6.22	1.35	3.78
Quick Ratio	6.4	3.91	6.13	1.34	3.75
Operating Cash Flow to Current Liabilities	1.01	1.14	1.67	0.89	2.07
Days Sales Outstanding (Average Receivables)	7.85	7.17	6.65	3.88	2.29
Average Days Payable Outstanding	96.12	89.98	44.35	49.12	9.85
Long Term Solvency
Total Debt/Equity	38.94	36.22	27.24	25.49	31.01
Total Debt / Total Capital	28.03	26.59	21.41	20.31	23.67
LT Debt/Equity	38.43	34.79	27.04	20.14	30.78
Long-Term Debt / Total Capital	27.66	25.54	21.25	16.05	23.5
Total Liabilities / Total Assets	29.92	27.91	22.93	22.73	25.49
EBIT / Interest Expense	2.84	3.66	2.64	3.04	3.04
EBITDA / Interest Expense	2.84	3.67	2.66	3.12	3.1
(EBITDA - Capex) / Interest Expense	2.84	3.67	2.66	3.09	2.83
Total Debt / EBITDA	7.82	6.57	5.45	3.77	4.44
Net Debt / EBITDA	3.27	4.5	2.87	2.13	2.79
Total Debt / (EBITDA - Capex)	7.82	6.57	5.46	3.8	4.86
Net Debt / (EBITDA - Capex)	3.27	4.5	2.88	2.15	3.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	18.54	38.05	19.39	30.59	11.47
Gross Profit, 1 Yr. Growth %	22.8	55.19	20.68	34.48	10.28
EBITDA, 1 Yr. Growth %	22.26	22.91	15.3	44.29	11.16
EBITA, 1 Yr. Growth %	22.27	22.92	15.34	41.1	11.96
EBIT, 1 Yr. Growth %	22.27	22.92	15.34	41.1	11.96
Earnings From Cont. Operations, 1 Yr. Growth %	316.82	201.28	40.11	14.86	-4.36
Net Income, 1 Yr. Growth %	316.82	201.28	40.11	14.86	-4.36
Diluted EPS Before Extra, 1 Yr. Growth %	294.44	179.11	27.28	6.76	-3.64
Normalized Net Income, 1 Yr. Growth %	2.29	33.19	18.13	78.24	-11.12
Net Property, Plant and Equip., 1 Yr. Growth %	-6.4	3.69K	-19.08	6.38	373.35
Accounts Receivable, 1 Yr. Growth %	-12.68	69.75	-24.48	-34.38	-21.2
Total Assets, 1 Yr. Growth %	35.64	8.18	19.6	6.01	11.65
Common Equity, 1 Yr. Growth %	8.91	11.29	27.86	6.29	7.66
Tangible Book Value, 1 Yr. Growth %	8.91	9.02	28.18	6.41	7.88
Cash From Operations, 1 Yr. Growth %	-12.15	16.09	26.87	97.83	-7.99
Capital Expenditures, 1 Yr. Growth %	6.79	-83.87	1.12K	1.48K	923.4
Levered Free Cash Flow, 1 Yr. Growth %	-7.58	-42.25	21.8	274.19	-66.9
Unlevered Free Cash Flow, 1 Yr. Growth %	6.35	-33.54	34.59	180.37	-53.64
Dividend Per Share, 1 Yr. Growth %	63.25	2.55	-13.13	165.14	-14.96
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	48.6	27.92	28.38	24.86	20.65
Gross Profit, 2 Yr. CAGR %	61.75	38.05	36.85	29.94	21.78
EBITDA, 2 Yr. CAGR %	62.39	22.58	19.04	28.99	26.65
EBITA, 2 Yr. CAGR %	62.39	22.59	19.07	27.57	25.69
EBIT, 2 Yr. CAGR %	62.39	22.59	19.07	27.57	25.69
Earnings From Cont. Operations, 2 Yr. CAGR %	-52.32	254.37	105.46	26.86	4.81
Net Income, 2 Yr. CAGR %	-52.32	254.37	105.46	26.86	4.81
Diluted EPS Before Extra, 2 Yr. CAGR %	-61.26	231.35	88.48	16.57	1.43
Normalized Net Income, 2 Yr. CAGR %	104.25	16.72	25.44	45.11	25.87
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.97	495.46	453.68	60.82	37.02
Accounts Receivable, 2 Yr. CAGR %	2.06	21.75	13.23	-29.6	-28.09
Total Assets, 2 Yr. CAGR %	16.64	21.13	13.75	12.6	8.79
Common Equity, 2 Yr. CAGR %	4.59	10.09	19.29	16.58	6.97
Tangible Book Value, 2 Yr. CAGR %	4.59	8.97	18.21	16.96	6.99
Cash From Operations, 2 Yr. CAGR %	84.4	0.99	21.51	58.15	34.92
Capital Expenditures, 2 Yr. CAGR %	-29.99	-58.49	40.42	1.29K	1.17K
Levered Free Cash Flow, 2 Yr. CAGR %	20.31	-26.94	-16.13	117.31	11.29
Unlevered Free Cash Flow, 2 Yr. CAGR %	62.13	-15.93	-5.42	94.28	14.01
Dividend Per Share, 2 Yr. CAGR %	-	29.39	-5.62	51.75	50.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.16	45	25.01	29.11	20.23
Gross Profit, 3 Yr. CAGR %	15.68	59.54	32	37.86	23.02
EBITDA, 3 Yr. CAGR %	22.95	47.99	20.11	26.93	22.75
EBITA, 3 Yr. CAGR %	23.11	48	20.13	26	22.14
EBIT, 3 Yr. CAGR %	23.11	48	20.13	26	22.14
Earnings From Cont. Operations, 3 Yr. CAGR %	-5.61	-11.85	160.1	69.26	15.46
Net Income, 3 Yr. CAGR %	-5.61	-11.85	160.1	69.26	15.46
Diluted EPS Before Extra, 3 Yr. CAGR %	-25.69	-25.24	140.87	55.95	9.4
Normalized Net Income, 3 Yr. CAGR %	8.56	77.12	17.19	41.02	23.24
Net Property, Plant and Equip., 3 Yr. CAGR %	37.67	226.89	206.14	361.01	65.88
Accounts Receivable, 3 Yr. CAGR %	62.15	20.92	3.83	-5.6	-26.91
Total Assets, 3 Yr. CAGR %	41.86	13.75	20.62	11.11	12.28
Common Equity, 3 Yr. CAGR %	35.09	6.78	15.72	14.79	13.53
Tangible Book Value, 3 Yr. CAGR %	35.09	6.05	15.03	14.25	13.75
Cash From Operations, 3 Yr. CAGR %	366.23	58.04	9.06	42.78	32.02
Capital Expenditures, 3 Yr. CAGR %	-	-57.08	28.17	214.44	1.15K
Levered Free Cash Flow, 3 Yr. CAGR %	1.44K	-5.8	-13.37	39.71	16.05
Unlevered Free Cash Flow, 3 Yr. CAGR %	469.13	20.44	-1.65	35.87	20.5
Dividend Per Share, 3 Yr. CAGR %	-	-	13.29	33.17	25.11
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	21.37	21.76	16.48	36.58	23.25
Gross Profit, 5 Yr. CAGR %	13.59	29.16	23.73	46.96	28.82
EBITDA, 5 Yr. CAGR %	32.87	31.68	21.37	40.07	22.68
EBITA, 5 Yr. CAGR %	34.06	32	21.48	39.46	22.32
EBIT, 5 Yr. CAGR %	34.06	32	21.48	39.46	22.32
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.14	25.97	28.84	1.97	80.82
Net Income, 5 Yr. CAGR %	-5.14	25.97	28.84	1.97	80.82
Diluted EPS Before Extra, 5 Yr. CAGR %	-	7.29	7.77	-10.7	70.42
Normalized Net Income, 5 Yr. CAGR %	23.68	23.67	15.02	63.54	20.59
Net Property, Plant and Equip., 5 Yr. CAGR %	-32.71	41.81	140.22	146.14	176.58
Accounts Receivable, 5 Yr. CAGR %	79.42	9.57	40.45	-2.61	-10.36
Total Assets, 5 Yr. CAGR %	24.04	20.27	29.87	13.29	15.74
Common Equity, 5 Yr. CAGR %	19.71	19.02	28.53	10.6	12.14
Tangible Book Value, 5 Yr. CAGR %	20.63	19.32	28.06	10.28	11.81
Cash From Operations, 5 Yr. CAGR %	34.62	26.73	172.27	58.16	18.66
Capital Expenditures, 5 Yr. CAGR %	-55.24	-38.88	-	72.42	220.8
Levered Free Cash Flow, 5 Yr. CAGR %	42.75	5.71	380.23	31.6	-3.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	50.43	14.5	177.62	45.82	4.34
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	26.81