Amrep Corp. income statement
In fiscal 2026, Amrep Corp. reported revenue of $52.8m, up 6.3% on the year before, operating income of $12.4m (a 23.4% margin) and net income of $10.3m, or $1.91 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Apr 2010 | 2011Apr 2011 | 2012Apr 2012 | 2013Apr 2013 | 2014Apr 2014 | 2015Apr 2015 | 2016Apr 2016 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 97 | 85 | 83 | 62 | 50 | 42 | 42 | 9 | 13 | 19 | 40 | 59 | 49 | 51 | 50 | 53 | 41 |
| Cost of revenue | — | — | — | — | — | — | — | — | 6 | 11 | 13 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | 3 | 2 | 5 | — | — | — | — | — | — | — |
| General and administrative | — | — | — | — | — | — | — | — | — | — | 13 | 5 | 5 | 5 | 7 | 7 | 9 | 10 |
| Operating income | — | — | — | — | — | — | — | — | — | −3 | −8 | 9 | 21 | 6 | 8 | 12 | 12 | 6 |
| Interest expense | 2 | 2 | 1 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Net interest income | — | 2 | 1 | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 1 | 2 | 2 | 2 |
| Income before tax | −15 | −11 | −2 | −5 | −1 | −6 | −15 | 1 | 3 | −3 | −8 | 10 | 22 | 8 | 8 | 14 | 14 | 8 |
| Income tax | −6 | −3 | −1 | −2 | −1 | −2 | −5 | 1 | −0 | −1 | −2 | 3 | 6 | −14 | 2 | 1 | 4 | 2 |
| Net income | −9 | −8 | −1 | −3 | −3 | 11 | −10 | −0 | 0 | 2 | −6 | 7 | 16 | 22 | 7 | 13 | 10 | 6 |
| Diluted EPS | −$1.58 | −$1.26 | −$0.19 | −$0.47 | −$0.42 | $1.43 | −$1.27 | $0.00 | $0.03 | $0.19 | −$0.73 | $0.95 | $2.21 | $4.11 | $1.25 | $2.37 | $1.91 | $1.09 |
| Diluted shares (average) | — | 6m | 6m | 6m | 7m | 8m | 8m | 8m | 8m | 8m | 8m | 8m | 7m | 5m | 5m | 5m | 5m | 5m |
| EBITDA | — | — | — | — | — | — | — | — | — | −3 | −7 | 10 | 22 | 6 | 8 | 12 | 13 | 6 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 8 | 11 | 18 | 9 | 15 | 11 | 6 |
| General and administrative | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 |
| Operating income | 3 | 0 | 4 | 6 | 1 | 3 | 2 | −0 |
| Net interest income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 4 | 1 | 4 | 7 | 2 | 3 | 3 | 0 |
| Income tax | −0 | 0 | −0 | 2 | 0 | 0 | 1 | 0 |
| Net income | 4 | 1 | 4 | 5 | 1 | 3 | 1 | 0 |
| Diluted EPS | $0.75 | $0.13 | $0.73 | $0.87 | $0.22 | $0.58 | $0.23 | $0.05 |
| EBITDA | 3 | 0 | 4 | 6 | 1 | 3 | 2 | −0 |
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