AMREP Corporation (AXR) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	52.8M	52.8M	49.7M	51.4M	48.7M
Cost of Revenue	24.3M	21.8M	16.8M	36.9M	29.8M
Gross Profit	28.5M	31.0M	32.9M	14.5M	18.9M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	6.7M	9.0M	7.3M	6.9M	—
General & Admin Expense	6.7M	9.0M	7.3M	6.9M	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	9.4M	9.6M	13.5M	—	5.4M
Total Operating Expenses	16.1M	18.6M	20.8M	6.9M	5.4M
Cost and Expenses	40.5M	40.5M	37.6M	43.8M	35.2M
Operating Income (EBIT)	12.4M	12.4M	12.1M	7.6M	13.4M
Non-Operating
Interest Income	1.7M	1.7M	1.6M	823.0K	8.0K
Interest Expense	—	—	—	—	—
Net Interest Income	1.7M	1.7M	1.6M	823.0K	8.0K
Other Non-Op Income/Expense	1.7M	1.7M	1.6M	823.0K	(5.8M)
Non-Operating Income (excl Interest)	(1.3M)	(1.7M)	—	—	5.8M
EBT (Pre-Tax Income)	14.1M	14.1M	13.7M	8.4M	7.6M
Income Tax Expense	3.8M	3.8M	1.0M	1.7M	(14.1M)
Bottom Line
Net Income	10.3M	10.3M	12.7M	6.7M	21.8M
Earnings from Cont. Ops	10.3M	10.3M	12.7M	6.7M	21.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	10.3M	10.3M	12.7M	6.7M	21.8M
Per Share
Basic EPS	$1.93	$1.93	$2.39	$1.26	$4.13
Diluted EPS	$1.91	$1.91	$2.37	$1.25	$4.11
Revenue Per Share	$9.96	$9.90	$9.34	$9.69	$9.22
Shares
Basic Shares Outstanding	5.3M	5.3M	5.3M	5.3M	5.3M
Diluted Shares Outstanding	5.3M	5.4M	5.4M	5.3M	5.3M
Profitability Metrics
EBITDA	14.0M	14.4M	12.3M	7.8M	7.7M
D&A	313.0K	312.0K	179.0K	149.0K	63.0K
EBIT	13.7M	14.1M	12.1M	7.6M	7.6M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Apr 1, 2026