AXR Q4 2023 Earnings — AMREP Corporation Revenue & Financial Results | Market Cap Arena

AXRAMREP Corporation

$125M

Q4 2023 Earnings

Real Estate Real Estate - Development

Income Statement

Revenue

$20M+53.8% YoY

Gross Profit

$7M33.4% margin

Operating Income

$5M23.9% margin

Net Income

$4M21.2% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

+54.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$41,000

Balance Sheet

Total Assets

$123M

Total Liabilities

$5M

Stockholders' Equity

$118M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$13M	+53.8%
Gross Profit	$7M	$6M	+7.0%
Operating Income	$5M	-$734,000	+737.1%
Net Income	$4M	-$317,000	+1407.3%

Revenue Segments

Land sale

$11M100%