AXR Q2 2023 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q2 2023 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$9M-45.2% YoY

Gross Profit

$3M29.3% margin

Operating Income

$1M11.9% margin

Net Income

$1M12.5% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-13.9%

Cash Flow

Operating Cash Flow

$40,000

Free Cash Flow

-$55,000

Stock-Based Comp.

$125,000

Balance Sheet

Total Assets

$118M

Total Liabilities

$4M

Stockholders' Equity

$114M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$16M	-45.2%
Gross Profit	$3M	$6M	-53.8%
Operating Income	$1M	$4M	-76.5%
Net Income	$1M	$4M	-69.4%

Revenue Segments

Land sale

$5M92%

Other Revenues

$449,0008%