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AMREP (AXR) Q4 2022 earnings summary

Event summary combining transcript, slides, and related documents.

Logotype for AMREP Corporation

Q4 2022 earnings summary

26 Jan, 2026

Executive summary

  • Net income for fiscal 2022 was $15,862,000, up from $7,392,000 in fiscal 2021, reflecting strong year-over-year growth.

  • Diluted earnings per share increased to $2.21 from $0.95 in the prior year.

Financial highlights

  • Revenues rose to $62,479,000 for fiscal 2022, compared to $40,069,000 in fiscal 2021.

  • Significant revenue contributions included $7,107,000 from a large undeveloped land sale, $8,439,000 from building sales, and $6,054,000 from commercial land sales.

  • Weighted average diluted shares outstanding were 7,193,000 for 2022 and 7,773,000 for 2021.

Segment performance

  • Major revenue drivers were land and building sales in New Mexico, Florida, and Colorado.

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