NYSE : AXR

AMREP Corporation — Financial statements

Real Estate · Real Estate - Development · United States

Last price 21.11 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 111.63M

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Financial statements

AMREP Corporation (AXR) reported revenue of 41.05M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year May - April; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Operating Revenue37.28M49.29M46.90M44.01M47.37M58.93M
Other Revenue3.77M3.56M2.80M7.36M1.31M
Revenue41.05M52.85M49.69M51.37M48.68M58.93M
Cost of Revenue25.38M31.43M30.31M36.90M29.78M32.27M
Gross Profit15.67M21.42M19.39M14.47M18.90M26.66M
Selling, General & Admin9.59M9.03M7.28M6.87M5.47M5.35M
Operating Expenses9.59M9.03M7.28M6.87M5.47M5.35M
Operating Income6.08M12.39M12.11M7.60M13.43M21.30M
Interest & Investment Income1.73M1.73M1.62M823.00K8.00K2.00K
Other Non Operating Income (Expenses)-4.00K1.00K
EBT Excluding Unusual Items7.81M14.13M13.72M8.43M13.44M21.31M
Gain (Loss) on Sale of Assets1.80M
Other Unusual Items-7.60M230.00K
Pretax Income7.81M14.13M13.72M8.43M7.64M21.57M
Income Tax Expense1.94M3.84M1.01M1.74M-14.15M5.70M
Earnings From Continuing Operations5.87M10.29M12.72M6.69M21.79M15.86M
Net Income5.87M10.29M12.72M6.69M21.79M15.86M
Net Income to Common5.87M10.29M12.72M6.69M21.79M15.86M
Shares Outstanding (Basic)5.34M5.34M5.32M5.30M5.28M7.17M
Shares Outstanding (Diluted)5.40M5.39M5.37M5.35M5.31M7.19M
EPS (Basic)1.101.932.391.264.132.21
EPS (Diluted)1.091.912.371.254.112.21
Free Cash Flow-367.00K12.78M9.66M10.26M6.26M14.19M
Free Cash Flow Per Share-0.072.371.801.921.181.97
Gross Margin38.17%40.53%39.01%28.17%38.83%45.24%
Operating Margin14.82%23.45%24.36%14.80%27.58%36.15%
Profit Margin14.31%19.47%25.59%13.02%44.77%26.92%
Free Cash Flow Margin-0.89%24.18%19.44%19.97%12.86%24.08%
EBITDA6.40M12.70M12.29M7.75M13.49M21.53M
EBITDA Margin15.58%24.04%24.72%15.09%27.71%36.53%
D&A For EBITDA313.00K312.00K179.00K149.00K63.00K225.00K
EBIT6.08M12.39M12.11M7.60M13.43M21.30M
EBIT Margin14.82%23.45%24.36%14.80%27.58%36.15%
Effective Tax Rate24.80%27.17%7.35%20.59%26.45%
Revenue as Reported41.05M52.85M49.69M51.37M48.68M58.93M

Balance sheet

Fiscal year May - April; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Cash & Equivalents48.68M52.33M39.47M29.69M19.99M15.72M
Cash & Short-Term Investments48.68M52.33M39.47M29.69M19.99M15.72M
Other Receivables-104.00K317.00K27.00K41.00K
Receivables-104.00K317.00K27.00K41.00K
Inventory68.89M66.56M66.75M65.98M65.62M67.25M
Prepaid Expenses1.22M1.17M470.00K942.00K1.54M366.00K
Restricted Cash366.00K362.00K455.00K547.00K
Total Current Assets119.16M120.31M107.46M97.19M87.19M83.34M
Property, Plant & Equipment2.11M2.29M2.23M1.81M1.44M1.39M
Long-Term Deferred Tax Assets5.76M5.77M8.97M11.04M12.49M958.00K
Other Long-Term Assets18.62M16.41M15.12M12.79M14.76M9.24M
Total Assets145.66M144.78M133.78M122.83M115.89M94.92M
Accounts Payable865.00K176.00K1.30M2.09M1.87M3.03M
Accrued Expenses1.91M2.20M1.08M901.00K1.03M1.24M
Current Portion of Long-Term Debt8.00K
Current Income Taxes Payable104.00K3.65M
Other Current Liabilities1.65M1.49M1.36M1.68M1.86M1.70M
Total Current Liabilities4.53M3.88M3.75M4.68M4.76M9.61M
Long-Term Debt17.00K10.00K26.00K35.00K44.00K2.03M
Long-Term Leases149.00K42.00K69.00K95.00K117.00K
Total Liabilities4.54M4.04M3.81M4.78M4.89M11.76M
Common Stock532.00K531.00K528.00K526.00K526.00K524.00K
Additional Paid-In Capital33.99M33.90M33.41M32.99M32.69M32.38M
Retained Earnings106.59M106.31M96.02M83.31M76.62M54.83M
Comprehensive Income & Other1.23M1.17M-4.57M
Shareholders' Equity141.11M140.74M129.96M118.05M111.00M83.16M
Total Liabilities & Equity145.66M144.78M133.78M122.83M115.89M94.92M
Total Debt17.00K167.00K68.00K104.00K139.00K2.15M
Net Cash (Debt)48.67M52.16M39.40M29.59M19.85M13.57M
Net Cash Per Share9.029.677.345.533.741.89
Filing Date Shares Outstanding5.29M5.29M5.27M5.26M5.23M5.23M
Total Common Shares Outstanding5.29M5.27M5.26M5.24M5.23M5.22M
Working Capital114.63M116.43M103.71M92.52M82.44M73.73M
Book Value Per Share26.6926.7024.7322.5321.2315.94
Tangible Book Value141.11M140.74M129.96M118.05M111.00M83.16M
Tangible Book Value Per Share26.6926.7024.7322.5321.2315.94
Machinery569.00K569.00K567.00K542.00K366.00K240.00K

Cash flow statement

Fiscal year May - April; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Net Income5.87M10.29M12.72M6.69M21.79M15.86M
Depreciation & Amortization342.00K342.00K207.00K175.00K88.00K295.00K
Other Amortization84.00K
Stock-Based Compensation468.00K447.00K423.00K317.00K238.00K217.00K
Other Operating Activities1.50M3.17M811.00K2.24M-6.47M1.16M
Change in Inventory-3.90M361.00K-767.00K-358.00K-3.12M-7.29M
Change in Accounts Payable-1.41M305.00K-1.07M-42.00K-1.25M1.49M
Change in Income Taxes188.00K421.00K-290.00K15.00K-3.69M3.55M
Change in Other Net Operating Assets-3.34M-2.45M-1.78M1.68M-1.19M113.00K
Operating Cash Flow-281.00K12.88M10.24M10.71M6.39M15.48M
Capital Expenditures-86.00K-102.00K-583.00K-457.00K-131.00K-1.29M
Sale of Property, Plant & Equipment30.00K
Other Investing Activities92.00K
Investing Cash Flow-86.00K-102.00K-553.00K-457.00K-131.00K-1.20M
Long-Term Debt Issued50.00K6.86M
Long-Term Debt Repaid-8.00K-9.00K-9.00K-2.04M-8.26M
Net Debt Issued (Repaid)-7.00K-8.00K-9.00K-9.00K-1.99M-1.41M
Repurchase of Common Stock-21.90M
Other Financing Activities-50.00K
Financing Cash Flow-7.00K-8.00K-9.00K-9.00K-1.99M-23.36M
Net Cash Flow-374.00K12.77M9.68M10.25M4.27M-9.08M
Free Cash Flow-367.00K12.78M9.66M10.26M6.26M14.19M
Free Cash Flow Margin-0.89%24.18%19.44%19.97%12.86%24.08%
Free Cash Flow Per Share-0.072.371.801.921.181.97
Levered Free Cash Flow-1.22M8.62M6.22M4.47M4.19M6.10M
Unlevered Free Cash Flow-1.22M8.62M6.22M4.47M4.19M6.02M
Cash Interest Paid57.00K203.00K
Cash Income Tax Paid502.00K324.00K-308.00K-134.00K-3.00K
Change in Working Capital-8.46M-1.37M-3.92M1.30M-9.25M-2.14M

Ratios

Fiscal year May - April; amounts in USD.

TTMFY2026FY2025FY2024FY2023FY2022
Market Capitalization108.51M145.22M118.51M106.31M72.68M67.11M
Enterprise Value59.84M95.25M81.60M83.29M60.53M45.54M
Last Close Price20.5227.5522.5520.2813.9012.86
PE Ratio18.7914.129.3215.893.334.23
Forward PE20.9415.65
PS Ratio2.642.752.382.071.491.14
PB Ratio0.771.030.910.900.660.81
P/TBV Ratio0.771.030.910.900.660.81
P/FCF Ratio11.3712.2710.3611.614.73
P/OCF Ratio11.2811.579.9211.384.34
EV/Sales Ratio1.461.801.641.621.240.77
EV/EBITDA Ratio9.367.506.6410.744.492.12
EV/EBIT Ratio9.847.696.7410.964.512.14
EV/FCF Ratio7.468.458.129.673.21
Debt / Equity Ratio0.000.000.000.000.000.03
Debt / EBITDA Ratio0.000.010.010.010.010.10
Debt / FCF Ratio0.010.010.010.020.15
Net Debt / Equity Ratio-0.34-0.37-0.30-0.25-0.18-0.16
Net Debt / EBITDA Ratio-7.61-4.11-3.21-3.82-1.47-0.63
Net Debt / FCF Ratio132.61-4.08-4.08-2.88-3.17-0.96
Asset Turnover0.290.380.390.430.460.61
Inventory Turnover0.380.470.460.560.450.53
Quick Ratio10.7513.4710.626.364.211.64
Current Ratio26.3231.0428.6820.7918.338.67
Return on Equity (ROE)4.26%7.60%10.25%5.84%22.45%18.44%
Return on Assets (ROA)2.66%5.56%5.90%3.98%7.96%13.85%
Return on Invested Capital (ROIC)5.05%10.08%12.53%6.72%16.71%22.84%
Return on Capital Employed (ROCE)4.30%8.80%9.30%6.40%12.10%25.00%
Earnings Yield5.32%7.08%10.73%6.29%29.98%23.63%
FCF Yield-0.34%8.80%8.15%9.65%8.61%21.14%
Buyback Yield / Dilution-0.43%-0.45%-0.41%-0.75%26.22%7.46%