AXR Q3 2022 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q3 2022 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$9M-7.1% YoY

Gross Profit

$3M37.7% margin

Operating Income

-$475,000-5.2% margin

Net Income

$17M181.8% margin

EPS (Diluted)

$3.12

QoQ Revenue Growth

-43.5%

Cash Flow

Operating Cash Flow

-$479,000

Free Cash Flow

-$482,000

Stock-Based Comp.

$111,000

Balance Sheet

Total Assets

$113M

Total Liabilities

$6M

Stockholders' Equity

$107M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$10M	-7.1%
Gross Profit	$3M	$3M	+27.3%
Operating Income	-$475,000	$1M	-141.0%
Net Income	$17M	$910,000	+1721.3%

Revenue Segments

Land sale

$6M100%