AXR Q2 2021 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q2 2021 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$16M+75.4% YoY

Gross Profit

$6M34.6% margin

Operating Income

$4M26.8% margin

Net Income

$3M20.5% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+54.5%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$31,000

Balance Sheet

Total Assets

$105M

Total Liabilities

$11M

Stockholders' Equity

$94M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$9M	+75.4%
Gross Profit	$6M	$3M	+111.8%
Operating Income	$4M	$1M	+286.1%
Net Income	$3M	$798,000	+316.8%

Revenue Segments

Land sale revenues

$8M52%

Building sales and other revenues

$7M43%

Home sale revenues

$819,0005%