AXR Q3 2023 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q3 2023 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$13M+39.2% YoY

Gross Profit

$2M13.8% margin

Operating Income

-$148,000-1.2% margin

Net Income

$92,0000.7% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+43.3%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$103,000

Balance Sheet

Total Assets

$119M

Total Liabilities

$5M

Stockholders' Equity

$114M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$9M	+39.2%
Gross Profit	$2M	$3M	-49.0%
Operating Income	-$148,000	-$475,000	+68.8%
Net Income	$92,000	$17M	-99.4%

Revenue Segments

Other Revenues

$6M60%

Land sale

$4M40%