Private company

Navios South American Logistics Inc.

Navios South American Logistics Inc. is an arrangement of Transportation of Freight and Cargo company.1

Last updated Oct 21, 2026.

Overview

$310.8MRevenue, fiscal 20232
$13.8MNet income, fiscal 20232
  • IndustryArrangement of Transportation of Freight & Cargo1
  • Business address1248 World Trade Center, Torre B, Montevideo, X3 000003
  • Filer categoryNon-accelerated filer, Emerging growth company3

On January 1, 2008, pursuant to a share purchase agreement, Navios Holdings contributed: (a) $112.2 million in cash; and (b) the authorized capital stock of its wholly owned subsidiary CNSA in exchange for the issuance and delivery of 12,765 shares of Navios Logistics, representing 63.8% of the outstanding stock of Navios Logistics. Navios Logistics acquired all ownership interests in Horamar in exchange for: (a) $112.2 million in cash; and (b) the issuance of 7,235 shares of Navios Logistics representing 36.2% of the outstanding stock of Navios Logistics. As a result, Navios Holdings owns 63.8% of Navios Logistics.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

34.2%Gross margin2
25.6%Operating margin2
4.4%Net margin2
22.3%Revenue growth, 20232
8.5%Return on equity2
3.29×Debt to equity2
$41.7MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue66¢$204.4M
  • Other costs10¢$29.9M
  • Interest18¢$55.7M
  • Income tax2¢$7.1M
  • Profit4¢$13.8M

Out of $310.8M in revenue.2

Where each dollar of operating cash went, fiscal 2023

  • Capital spending40¢$27.7M
  • Dividends paid14¢$10.0M
  • Kept or used elsewhere46¢$31.7M

Out of $69.4M of cash from operations.2

Financial statements

Revenue5672$310.8M in 2023+63% since 2016
0$100.0M$200.0M$300.0M$400.0M2016: $190.2M$190.2M20162017: $180.0M$180.0M2017−5%2018: $175.1M$175.1M2018−3%2019: $218.9M$218.9M2019+25%2020: $215.0M$215.0M2020−2%2021: $222.6M$222.6M2021+4%2022: $254.2M$254.2M2022+14%2023: $310.8M$310.8M2023+22%
Gross profit8972$106.4M in 2023+81% since 2018
0$50.0M$100.0M$150.0M2018: $58.7M$58.7M20182019: $90.1M$90.1M2019+54%2020: $71.3M$71.3M2020−21%2021: $38.7M$38.7M2021−46%2022: $73.8M$73.8M2022+91%2023: $106.4M$106.4M2023+44%
Operating income8972$79.7M in 2023+64% since 2018
0$20.0M$40.0M$60.0M$80.0M2018: $48.4M$48.4M20182019: $67.9M$67.9M2019+40%2020: $57.4M$57.4M2020−15%2021: $20.5M$20.5M2021−64%2022: $51.7M$51.7M2022+152%2023: $79.7M$79.7M2023+54%
Net income5672$13.8M in 2023+36% since 2016
-$75.0M-$50.0M-$25.0M0$25.0M$50.0M2016: $10.2M$10.2M20162017: $3.1M$3.1M2017−69%2018: $6.9M$6.9M2018+121%2019: $32.1M$32.1M2019+368%2020: $11.7M$11.7M2020−64%2021: -$66.4M-$66.4M20212022: -$4.4M-$4.4M2022−93%2023: $13.8M$13.8M2023
Fiscal year20162017201820192020202120222023
Revenue$190.2M5$180.0M6$175.1M6$218.9M6$215.0M7$222.6M2$254.2M2$310.8M2
Cost of revenue$32.1M5$33.6M5$31.9M5$183.9M2$180.3M2$204.4M2
Gross profit$58.7M8$90.1M9$71.3M7$38.7M2$73.8M2$106.4M2
Operating income$48.4M8$67.9M9$57.4M7$20.5M2$51.7M2$79.7M2
Interest$56.4M2$56.8M2$55.7M2
Income before tax-$61.1M2-$6.2M2$20.8M2
Income tax$982.0K5-$3.5M6-$1.4M6$1.2M6$5.2M2-$1.7M2$7.1M2
Net income$10.2M5$3.1M6$6.9M6$32.1M6$11.7M7-$66.4M2-$4.4M2$13.8M2
Shares (weighted, basic)20.0K shares220.0K shares220.0K shares2

Compare Navios South American Logistics Inc. with another company

What it owns

What Navios South American Logistics Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$27.1M2 Dec 31, 2023$3.3M2 Dec 31, 2022+717.8%
Property and equipment, net$506.0M2 Dec 31, 2023$511.3M2 Dec 31, 2022−1.0%
Operating-lease assets (leased space)$20.5M2 Dec 31, 2023$10.8M2 Dec 31, 2022+88.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$69.3M2 Dec 31, 2023$49.9M2 Dec 31, 2022+38.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$104.1M2 Dec 31, 2023$104.1M7 Dec 31, 20220%

Inventory

ItemLatestA year beforeChange
Inventory, total$10.5M2 Dec 31, 2023$10.5M2 Dec 31, 2022+0.5%

Filings

12 filings to the SEC since October 2021: 3 annual reports, 9 other. The latest 12:

  1. Nov 7, 2024RW EDGAR
  2. Jun 3, 20246-K EDGAR
  3. Apr 29, 202420-F EDGAR
  4. Dec 14, 20236-K EDGAR
  5. Sep 7, 20236-K EDGAR
  6. Jun 2, 20236-K EDGAR
  7. Mar 27, 202320-F EDGAR
  8. Dec 5, 20226-K EDGAR
  9. Sep 8, 20226-K EDGAR
  10. May 26, 20226-K EDGAR
  11. Apr 1, 202220-F EDGAR
  12. Dec 14, 20216-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Navios South American Logistics Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNavios South American Logistics Inc.1
  • CIK0001506042
  • Filer statusNon-accelerated filer<br>emerging growth company1
  • Fiscal year endsDecember 311
  • Industry code (SIC)4731 Arrangement of Transportation of Freight & Cargo1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address1248 World Trade Center, Torre B, Montevideo, X3 000001
  • Phone212-935-30001
  • Shares outstanding20,000 as of Dec 31, 20222
  • On EDGAR sinceJan 31, 20121
  • Filings97 in all: 6-K (56), 20-F (13), CORRESP (5), UPLOAD (5), 20-F/A (3), 424B3 (3), EFFECT (2), F-4 (2)1
    All 15 form types

    F-4/A (2), DRS (1), DRS/A (1), F-1 (1), F-1/A (1), IRANNOTICE (1), RW (1)

  • Latest filingsAnnual report (20-F) Apr 29, 2024