AXR Q1 2024 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q1 2024 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$19M+85.5% YoY

Gross Profit

$7M34.7% margin

Operating Income

$5M26.1% margin

Net Income

$4M21.3% margin

EPS (Diluted)

$0.76

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$11M

Stock-Based Comp.

$89,000

Balance Sheet

Total Assets

$127M

Total Liabilities

$5M

Stockholders' Equity

$122M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$10M	+85.5%
Gross Profit	$7M	$4M	+84.1%
Operating Income	$5M	$2M	+146.8%
Net Income	$4M	$1M	+201.9%

Revenue Segments

Land sale

$9M93%

Other Revenues

$750,0007%