AXR Q1 2023 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q1 2023 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$10M-8.4% YoY

Gross Profit

$4M35.0% margin

Operating Income

$2M19.7% margin

Net Income

$1M13.1% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-19.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$48,000

Balance Sheet

Total Assets

$117M

Total Liabilities

$5M

Stockholders' Equity

$112M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$11M	-8.4%
Gross Profit	$4M	$4M	-3.7%
Operating Income	$2M	$3M	-21.2%
Net Income	$1M	$2M	-29.6%

Revenue Segments

Land sale

$7M97%

Other Revenues

$229,0003%