AXR Q2 2024 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q2 2024 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$12M+34.5% YoY

Gross Profit

$8M64.1% margin

Operating Income

$3M26.4% margin

Net Income

$4M33.9% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

-37.6%

Cash Flow

Operating Cash Flow

-$182,000

Free Cash Flow

-$148,000

Stock-Based Comp.

$120,000

Balance Sheet

Total Assets

$129M

Total Liabilities

$4M

Stockholders' Equity

$125M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$9M	+34.5%
Gross Profit	$8M	$3M	+193.8%
Operating Income	$3M	$1M	+199.1%
Net Income	$4M	$1M	+264.8%

Revenue Segments

Land sale

$6M89%

Other Revenues

$715,00011%