Amrep vs Belpointe Prep, LLC
Amrep is the larger business, with $52.8m of revenue in fiscal 2026 against $9.2m for Belpointe Prep, LLC (5.8 times as much). Belpointe Prep, LLC grew faster (243.4% against 6.3%). Amrep kept more of each dollar of sales as profit: a net margin of 19.5% against -435.9%.
| Latest fiscal year | AmrepAXR, 2026 | Belpointe Prep, LLCOZ, 2025 |
|---|---|---|
| Revenue | $52.8m | $9.2m |
| Revenue growth | 6.3% | 243.4% |
| Net income | $10.3m | −$40.0m |
| Operating margin | — | — |
| Net margin | 19.5% | -435.9% |
| Return on equity | 7.6% | — |
| Free cash flow | $12.8m | — |
| Cash | $52.3m | $24.3m |
| Total debt | $18,000 | $265m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 52 | — |
| Market value | $111m | $133m |
| Price vs our value range | Below our value range | — |
| Moat score | 55 (Moderate) | 12 (Weak) |
| Insider trades, 12 months | 32 buys, 1 sales | 0 buys, 0 sales |