AXR Q4 2022 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q4 2022 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$13M-51.0% YoY

Gross Profit

$6M48.0% margin

Operating Income

-$734,000-5.8% margin

Net Income

-$317,000-2.5% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+39.3%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$8M

Stock-Based Comp.

$40,000

Balance Sheet

Total Assets

$116M

Total Liabilities

$5M

Stockholders' Equity

$111M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13M	$26M	-51.0%
Gross Profit	$6M	$15M	-60.3%
Operating Income	-$734,000	$14M	-105.2%
Net Income	-$317,000	$10M	-103.2%

Revenue Segments

Land sale

$6M100%